Human-probability test defeats political donation deductions where banking records mask accommodation-entry fund layering rather than genuine contribu...
Electronic evidence and search statements in tax assessments require authenticity review and corroboration, while procedural manuals lack statutory fo...
Tariff rate quota authorisations govern preferential imports of specified New Zealand goods through export certification and electronic customs debiti...
Electronic Continuity Bond Registration replaces manual container permissions, with quarterly reporting and re-export monitoring for duty-free contain...
CBIC exercised powers under Section 14(2) of Customs Act 1962 to revise tariff values for specified commodities. New values set for crude palm oil ($1111/MT), RBD palm oil ($1147/MT), soybean oil ($1082/MT), and brass scrap ($5244/MT). For precious metals, gold tariff value fixed at $938/10g and silver at $1043/kg. Areca nuts valued at $8140/MT. The notification amends earlier order No. 36/2001-Customs (N.T.) and takes effect from February 15, 2025. Values apply to specific tariff items under respective customs headings, with detailed specifications for gold and silver forms qualifying for these rates.
CBIC exercised powers under Section 14(2) of Customs Act 1962 to revise tariff values for specified commodities. New values set for crude palm oil ($1111/MT), RBD palm oil ($1147/MT), soybean oil ($1082/MT), and brass scrap ($5244/MT). For precious metals, gold tariff value fixed at $938/10g and silver at $1043/kg. Areca nuts valued at $8140/MT. The notification amends earlier order No. 36/2001-Customs (N.T.) and takes effect from February 15, 2025. Values apply to specific tariff items under respective customs headings, with detailed specifications for gold and silver forms qualifying for these rates.
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