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Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
The Central Government exercised powers under section 25(1) of the Customs Act, 1962 to amend Notification No. 130/2010-Customs through Notification No. 32/2025-Customs dated June 30, 2025. The amendment adds serial number 48 to the existing table, designating Canada as a specified country and Air Canada as a designated airline eligible for exemption from additional customs duty on specified imported goods. This modification expands the scope of customs duty exemptions previously available to other designated airlines from specified countries under the principal notification. The amendment became effective July 1, 2025, furthering public interest objectives in international trade facilitation and airline operations.
The Central Government exercised powers under section 25(1) of the Customs Act, 1962 to amend Notification No. 130/2010-Customs through Notification No. 32/2025-Customs dated June 30, 2025. The amendment adds serial number 48 to the existing table, designating Canada as a specified country and Air Canada as a designated airline eligible for exemption from additional customs duty on specified imported goods. This modification expands the scope of customs duty exemptions previously available to other designated airlines from specified countries under the principal notification. The amendment became effective July 1, 2025, furthering public interest objectives in international trade facilitation and airline operations.
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