Charitable trust registration requires a specified-violation notice; settled cash deposits and related-party payments did not justify cancellation or ...
External development charges trigger TDS under section 194C, while disputed administrative payments require factual verification and fresh adjudicatio...
Section 270AA penalty immunity requires identified statutory defaults and a hearing before rejection; reassessment disclosure may constitute under-rep...
Section 80JJAA employee-cost deduction allowed for deployed staff but barred against transfer-pricing income enhancement, with pricing issues remanded...
Transfer-pricing methodology protects commercially genuine associated-enterprise payments, while pre-2016 secondary adjustments and related notional i...
Negative liens over operating assets can constitute international transactions requiring arm's-length pricing reflecting restricted borrowing and expa...
Cross-examination rights in Customs Broker revocation inquiries require witness examination; procedural denial may be cured through fresh adjudication...
The GoI's MoF issued Notification No. 33/2025-Customs (N.T.) amending tariff values for various commodities under Customs Act, 1962. The notification establishes new tariff values for edible oils (palm oil, palmolein, soya bean oil), brass scrap, precious metals (gold and silver), and areca nuts, effective 01 May 2025. Key modifications include updated tariff values per metric ton or per kilogram for specified goods, with tariff values ranging from $1064 per 10 grams for gold to $6970 per metric ton for areca nuts. The amendment provides revised reference prices for customs valuation purposes, ensuring current market-aligned assessment of imported commodities.
The GoI's MoF issued Notification No. 33/2025-Customs (N.T.) amending tariff values for various commodities under Customs Act, 1962. The notification establishes new tariff values for edible oils (palm oil, palmolein, soya bean oil), brass scrap, precious metals (gold and silver), and areca nuts, effective 01 May 2025. Key modifications include updated tariff values per metric ton or per kilogram for specified goods, with tariff values ranging from $1064 per 10 grams for gold to $6970 per metric ton for areca nuts. The amendment provides revised reference prices for customs valuation purposes, ensuring current market-aligned assessment of imported commodities.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
