Handicraft job work receives concessional GST only for registered principals and predominantly handmade goods; commercial resin articles remain taxabl...
Reassessment disclosure requirements permit stated reasons without revealing information sources, but prior-taxation claims require full examination b...
Independent assessment discretion and corroborated electronic evidence determine validity of on-money additions and undisclosed-consideration assessme...
The CBIC issued Notification No. 30/2025-Customs (N.T.) amending the Goods Imported (Conditions of Transshipment) Regulations, 1995. The amendment modifies Regulation 5 to eliminate fees for transshipment applications across all customs stations. Enacted under sections 157, 54(3), and 158 of the Customs Act, 1962, the regulation becomes effective upon official gazette publication. The amendment simplifies administrative procedures by removing transshipment application fees, potentially reducing financial barriers for importers and facilitating smoother goods movement through customs stations.
The CBIC issued Notification No. 30/2025-Customs (N.T.) amending the Goods Imported (Conditions of Transshipment) Regulations, 1995. The amendment modifies Regulation 5 to eliminate fees for transshipment applications across all customs stations. Enacted under sections 157, 54(3), and 158 of the Customs Act, 1962, the regulation becomes effective upon official gazette publication. The amendment simplifies administrative procedures by removing transshipment application fees, potentially reducing financial barriers for importers and facilitating smoother goods movement through customs stations.
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