Disciplinary proportionality requires penalties for Authorised Representative misconduct to match proven harm, leading to reconsideration of registrat...
Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
The MoF issued Notification No. 31/2025-Customs amending previous customs notifications to reduce basic customs duty from 20% to 10% for crude soya bean, sunflower, and palm oils. The notification also extends the exemption condition for Yellow Peas imports to bills of lading issued on or before 31.03.2026. Implemented through powers under section 25 of the Customs Act, 1962 and section 124 of the Finance Act, 2021, the changes take immediate effect to serve public interest by potentially lowering import costs for specified agricultural commodities.
The MoF issued Notification No. 31/2025-Customs amending previous customs notifications to reduce basic customs duty from 20% to 10% for crude soya bean, sunflower, and palm oils. The notification also extends the exemption condition for Yellow Peas imports to bills of lading issued on or before 31.03.2026. Implemented through powers under section 25 of the Customs Act, 1962 and section 124 of the Finance Act, 2021, the changes take immediate effect to serve public interest by potentially lowering import costs for specified agricultural commodities.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4921 
