Commercial vehicle depreciation, scientifically determined warranty provisions and exempt-income disallowances were resolved in favour of the taxpayer...
Inherited property sale proceeds require capital-gains treatment where ownership is supported by evidence, not suspicion or unverified signature doubt...
Cross-examination of retracted statements is essential where foundational evidence supports a benami allegation and documented funding explanations re...
Capital-goods exemption covers plant-modernisation accessories, while the import restriction applies only to earlier capital-goods components and spar...
Constitutional judicial review permits challenges to ECIRs and connected money-laundering proceedings where coercive action affects fundamental intere...
The GoI's MoF issued Notification No. 08/2025-Customs (ADD) amending three prior customs notifications to update tariff classification codes for specific chemical substances. The amendments modify tariff codes for entries in Notifications No. 31/2021, 60/2021, and 12/2022-Customs (ADD), expanding and refining the classification of chemical compounds across multiple HS code categories. The modifications aim to align customs classifications with current regulatory standards, with the changes taking effect from 1st May, 2025, ensuring precise categorization of chemical imports and associated anti-dumping duty assessments.
The GoI's MoF issued Notification No. 08/2025-Customs (ADD) amending three prior customs notifications to update tariff classification codes for specific chemical substances. The amendments modify tariff codes for entries in Notifications No. 31/2021, 60/2021, and 12/2022-Customs (ADD), expanding and refining the classification of chemical compounds across multiple HS code categories. The modifications aim to align customs classifications with current regulatory standards, with the changes taking effect from 1st May, 2025, ensuring precise categorization of chemical imports and associated anti-dumping duty assessments.
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