Penalty on exchange vacated for lack of evidence that exchange authorized subsidiaries' investments; Regulations 43(1) 2012 and 38(2) 2018 inapplicabl...
Petitioner not an eligible assessee under s.144C(15)(b); draft and final assessments under s.144C(1)/s.143(3)/s.144B quashed and penalty show-cause no...
The government amends a prior customs exemption notification to add 18 new tariff entries exempting specified defense-related goods and their parts-including flight and target motion simulators, parts and sub-assemblies for various weapons and sensor systems, military transport aircraft, deep-submergence and unmanned underwater vessels, ejection seats, high-performance batteries, radios, diving systems, sonobuoys, ship-launched missiles, rockets over 100 mm, RPAs, and related parts, tools, testing equipment and technical documentation-when imported for use by the designated defence authority; the amendment takes effect 22 September 2025.
The government amends a prior customs exemption notification to add 18 new tariff entries exempting specified defense-related goods and their parts-including flight and target motion simulators, parts and sub-assemblies for various weapons and sensor systems, military transport aircraft, deep-submergence and unmanned underwater vessels, ejection seats, high-performance batteries, radios, diving systems, sonobuoys, ship-launched missiles, rockets over 100 mm, RPAs, and related parts, tools, testing equipment and technical documentation-when imported for use by the designated defence authority; the amendment takes effect 22 September 2025.
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