Authentication of paper assessment orders upheld, while qualifying repairs, consumables and vendor advance write-offs remain deductible business claim...
Transaction value cannot be rejected solely on non-statutory valuation guidelines without corroborative evidence supporting reassessment of final cust...
Cross-examination rights and corroborated evidence limit customs penalties for misdeclaration in genuine import transactions involving documented clea...
Tariff classification of vehicle gear components follows the specific gearing entry, displacing motor-vehicle parts classification and related liabili...
Necessary-party requirements limit impleadment of independent entities, while deferred consideration does not create an appealable adverse determinati...
The central government amends the integrated tax rate notification to substitute a new tariff table extending concessional IGST rates on specified handicraft goods, largely at 5% and certain handcrafted/imitative jewellery items at 3%, covering categories such as handcrafted candles, bags, carved wood, paper and textile crafts, metal, stone, ceramic and glass artware, handmade carpets, embroidered articles, toys, paintings and original sculptures. The amendment replaces the prior table in the principal notification and takes effect on 22 September 2025.
The central government amends the integrated tax rate notification to substitute a new tariff table extending concessional IGST rates on specified handicraft goods, largely at 5% and certain handcrafted/imitative jewellery items at 3%, covering categories such as handcrafted candles, bags, carved wood, paper and textile crafts, metal, stone, ceramic and glass artware, handmade carpets, embroidered articles, toys, paintings and original sculptures. The amendment replaces the prior table in the principal notification and takes effect on 22 September 2025.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4803
Join Channel
TaxTMI 
