Inherited property sale proceeds require capital-gains treatment where ownership is supported by evidence, not suspicion or unverified signature doubt...
Cross-examination of retracted statements is essential where foundational evidence supports a benami allegation and documented funding explanations re...
Capital-goods exemption covers plant-modernisation accessories, while the import restriction applies only to earlier capital-goods components and spar...
Constitutional judicial review permits challenges to ECIRs and connected money-laundering proceedings where coercive action affects fundamental intere...
The Ministry of Finance, u/s 14 of the Customs Act, 1962, issued Notification No. 43/2024-CUSTOMS (N.T.) on 14th June, 2024, amending tariff values for various goods like edible oils, brass scrap, areca nut, gold, and silver. New tariff values per metric tonne were specified for items such as Crude Palm Oil, RBD Palm Oil, Crude Palmolein, Brass Scrap, Areca Nuts, Gold, and Silver. The notification, effective from 15th June, 2024, substituted previous tables with updated values. This amendment was deemed necessary and expedient by the Central Board of Indirect Taxes & Customs.
The Ministry of Finance, u/s 14 of the Customs Act, 1962, issued Notification No. 43/2024-CUSTOMS (N.T.) on 14th June, 2024, amending tariff values for various goods like edible oils, brass scrap, areca nut, gold, and silver. New tariff values per metric tonne were specified for items such as Crude Palm Oil, RBD Palm Oil, Crude Palmolein, Brass Scrap, Areca Nuts, Gold, and Silver. The notification, effective from 15th June, 2024, substituted previous tables with updated values. This amendment was deemed necessary and expedient by the Central Board of Indirect Taxes & Customs.
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