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...
The notification amends the Indian Trade Classification (Harmonized System) 2022, Schedule 1 (Import Policy) in sync with the Finance Act 2024. It provides a list of ITC (HS) codes with their item descriptions, import policies, and policy conditions that have been inserted, deleted, amended, split or merged. The changes include revisions to item descriptions, section notes, chapter-wise main notes, and supplementary notes. Key amendments relate to items like communion wafers, blended aviation turbine fuel, menthol, paracetamol, ballistic protection products, architectural membranes, carpet mats, bridges and bridge sections, parts of structures, machinery and parts for aeroplanes/helicopters/unmanned aircraft, lorries with bridging systems, and e-bicycles. The updated ITC (HS) 2022 will be available on the DGFT website.
The notification amends the Indian Trade Classification (Harmonized System) 2022, Schedule 1 (Import Policy) in sync with the Finance Act 2024. It provides a list of ITC (HS) codes with their item descriptions, import policies, and policy conditions that have been inserted, deleted, amended, split or merged. The changes include revisions to item descriptions, section notes, chapter-wise main notes, and supplementary notes. Key amendments relate to items like communion wafers, blended aviation turbine fuel, menthol, paracetamol, ballistic protection products, architectural membranes, carpet mats, bridges and bridge sections, parts of structures, machinery and parts for aeroplanes/helicopters/unmanned aircraft, lorries with bridging systems, and e-bicycles. The updated ITC (HS) 2022 will be available on the DGFT website.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
