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Tax exemption for regulatory authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and return-filing...
Input tax credit conditions remain constitutionally valid, with eligible recipient claims considered under GST circulars and retrospective filing dead...
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The Ministry of Finance, u/s 5A of the Central Excise Act, 1944, has issued Notification No. 16/2024-Central Excise on 14th June, 2024, amending No. 18/2022-Central Excise to reduce the Special Additional Excise Duty on Petroleum Crude production to Rs. 3250 per tonne. This amendment, effective from 15th June, 2024, is made in the public interest. The notification was issued by the Under Secretary, and it amends a previous notification from July 2022.
The Ministry of Finance, u/s 5A of the Central Excise Act, 1944, has issued Notification No. 16/2024-Central Excise on 14th June, 2024, amending No. 18/2022-Central Excise to reduce the Special Additional Excise Duty on Petroleum Crude production to Rs. 3250 per tonne. This amendment, effective from 15th June, 2024, is made in the public interest. The notification was issued by the Under Secretary, and it amends a previous notification from July 2022.
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