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 GoI's MoF issued Notification No. 02/2025-Central Excise amending the previous excise duty rates for petrol and diesel. The amendment increases the duty to Rs. 13 per litre for Sl. No. 1 and Rs. 10 per litre for Sl. No. 2, effective 8th April 2025. The modification was executed under Section 5A of the Central Excise Act, 1944, and Section 147 of the Finance Act, 2002, with the central government determining the change necessary in public interest. The notification represents a statutory adjustment to existing taxation mechanisms for petroleum products.
The GoI's MoF issued Notification No. 02/2025-Central Excise amending the previous excise duty rates for petrol and diesel. The amendment increases the duty to Rs. 13 per litre for Sl. No. 1 and Rs. 10 per litre for Sl. No. 2, effective 8th April 2025. The modification was executed under Section 5A of the Central Excise Act, 1944, and Section 147 of the Finance Act, 2002, with the central government determining the change necessary in public interest. The notification represents a statutory adjustment to existing taxation mechanisms for petroleum products.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
