Tariff classification of vehicle gear components follows the specific gearing entry, displacing motor-vehicle parts classification and related liabili...
Necessary-party requirements limit impleadment of independent entities, while deferred consideration does not create an appealable adverse determinati...
Food supplement classification requires common parlance and authoritative tests, preventing treatment as proprietary Ayurvedic medicines without suppo...
Specified regulatory authority income receives conditional tax exemption, subject to non-commercial activity, unchanged income character, and return f...
Tax exemption for regulatory authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and return-filing...
Notification amends notification No. 11/2021-Customs dated 1st February, 2021 to revise Agriculture Infrastructure and Development Cess (AIDC) on certain items. AIDC on Precious Metals reduced substantially. For Sl. No. 15A, entry in column (4) substituted with "1.4%". For Sl. No. 15B, 15C and 15E, entry substituted with "0.35%". For Sl. No. 15D, 15F and 15G, entry substituted with "1%". Notification comes into force on 24th July, 2024.
Notification amends notification No. 11/2021-Customs dated 1st February, 2021 to revise Agriculture Infrastructure and Development Cess (AIDC) on certain items. AIDC on Precious Metals reduced substantially. For Sl. No. 15A, entry in column (4) substituted with "1.4%". For Sl. No. 15B, 15C and 15E, entry substituted with "0.35%". For Sl. No. 15D, 15F and 15G, entry substituted with "1%". Notification comes into force on 24th July, 2024.
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