Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
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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