Online bond platforms may offer overseas-regulated products and tax-specific bonds subject to disclosures, compliance safeguards and revised complianc...
Corporate guarantee valuation permits actual ascertainable commission while barring retroactive application and extended-period penalties for bona fid...
Proper-officer jurisdiction under UPGST penalty provisions upheld; participation on merits prevents bypassing the statutory appellate remedy through w...
Transitioned CENVAT credit may validly satisfy mandatory pre-deposit requirements for legacy service tax appeals through Electronic Credit Ledger debi...
Building-plan sanction charges require statutory authority; unauthorised fees and GST were quashed, while labour cess must follow prescribed collectio...
Pure-agent exclusion fails where hotel booking facilitators receive third-party services themselves, making entire customer consideration taxable as r...
The Ministry of Finance, Department of Revenue, issued Notification No. 42/2024-CUSTOMS (N.T.) amending Notification No. 62/1994 u/s 7 of the Customs Act, 1962. The notification adds Vizhinjam International Seaport in Kerala for unloading imported goods and loading export goods. This falls u/s 7(1)(a) of the Customs Act, 1962. The amending authority is the Central Board of Indirect Taxes and Customs. The original notification was last amended by Notification No. 101/2018-Customs (N.T.). The amendment is effective from the date of issuance, 12th June, 2024.
The Ministry of Finance, Department of Revenue, issued Notification No. 42/2024-CUSTOMS (N.T.) amending Notification No. 62/1994 u/s 7 of the Customs Act, 1962. The notification adds Vizhinjam International Seaport in Kerala for unloading imported goods and loading export goods. This falls u/s 7(1)(a) of the Customs Act, 1962. The amending authority is the Central Board of Indirect Taxes and Customs. The original notification was last amended by Notification No. 101/2018-Customs (N.T.). The amendment is effective from the date of issuance, 12th June, 2024.
Note: It is a system-generated summary and is for quick reference only.