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 GoI Ministry of Finance issued Notification No. 30/2025-Customs amending the previous Notification No. 55/2022-Customs under section 25(1) of the Customs Act, 1962. The amendment removes the existing condition in column (5) against Sl. No. 1 of the original notification, replacing it with a "-" symbol. This modification effectively eliminates the prior exemption requirement for Bangalore Rose Onion, simplifying customs procedures and potentially reducing regulatory constraints for importers or traders of this specific agricultural product.
The GoI Ministry of Finance issued Notification No. 30/2025-Customs amending the previous Notification No. 55/2022-Customs under section 25(1) of the Customs Act, 1962. The amendment removes the existing condition in column (5) against Sl. No. 1 of the original notification, replacing it with a "-" symbol. This modification effectively eliminates the prior exemption requirement for Bangalore Rose Onion, simplifying customs procedures and potentially reducing regulatory constraints for importers or traders of this specific agricultural product.
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