Opportunity to furnish unsecured-loan confirmations is required before reassessment initiation; proceedings require fresh consideration after taxpayer...
Under-reporting on a first reassessment return attracts penalty, while enhanced misreporting penalty requires proof of a statutory misreporting catego...
The CBIC issued Notification No. 27/2025-Customs (N.T.) amending Notification No. 64/1994-Customs (N.T.), specifically modifying the coastal ports table for the State of Maharashtra. The amendment adds "Rohini Yard Jetty, Rohini Village, Raigad" as entry (52) under column (3) for serial number 9, expanding the list of authorized coastal ports for trade purposes. The modification was implemented under section 7(1)(d) of the Customs Act, 1962, enabling additional maritime trade infrastructure in the specified region. The notification was issued by the Under Secretary and reflects ongoing administrative updates to coastal trade regulations.
The CBIC issued Notification No. 27/2025-Customs (N.T.) amending Notification No. 64/1994-Customs (N.T.), specifically modifying the coastal ports table for the State of Maharashtra. The amendment adds "Rohini Yard Jetty, Rohini Village, Raigad" as entry (52) under column (3) for serial number 9, expanding the list of authorized coastal ports for trade purposes. The modification was implemented under section 7(1)(d) of the Customs Act, 1962, enabling additional maritime trade infrastructure in the specified region. The notification was issued by the Under Secretary and reflects ongoing administrative updates to coastal trade regulations.
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