Functional comparability governs selection of support-service and IT-enabled service comparables, with verification required for unresolved data and m...
Bank account freezing requires statutory authority; anti-money-laundering compliance and KYC monitoring do not permit unilateral indefinite restrictio...
The government amended Notification No. 50/2017-Customs to revise the IGST rate for the entry at S. No. 404, substituting the existing rate in column (5) with 18%, applicable to imports of specified goods by a specified person in connection with petroleum operations or coal bed methane; the amendment takes effect on 22 September 2025. The change is made under the Customs Act, 1962 and the Customs Tariff Act, 1975 and further modifies the principal notification as previously amended.
The government amended Notification No. 50/2017-Customs to revise the IGST rate for the entry at S. No. 404, substituting the existing rate in column (5) with 18%, applicable to imports of specified goods by a specified person in connection with petroleum operations or coal bed methane; the amendment takes effect on 22 September 2025. The change is made under the Customs Act, 1962 and the Customs Tariff Act, 1975 and further modifies the principal notification as previously amended.
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