Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
This notification amends the previous Notification No. 10/2022-Central Excise to exempt the export of petrol and diesel to Bhutan from the Road and Infrastructure Cess (RIC). The key changes are: Petrol exported to countries other than Bhutan will attract RIC, while petrol exported to Bhutan will be exempt. Similarly, diesel exported to countries other than Bhutan will attract RIC, while diesel exported to Bhutan will be exempt. The notification comes into force on 3rd September 2024 and omits paragraph 2 of the previous notification.
This notification amends the previous Notification No. 10/2022-Central Excise to exempt the export of petrol and diesel to Bhutan from the Road and Infrastructure Cess (RIC). The key changes are: Petrol exported to countries other than Bhutan will attract RIC, while petrol exported to Bhutan will be exempt. Similarly, diesel exported to countries other than Bhutan will attract RIC, while diesel exported to Bhutan will be exempt. The notification comes into force on 3rd September 2024 and omits paragraph 2 of the previous notification.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
