Appeal allowed; impugned order quashed as regulator failed to prove nexus or manipulative scheme; sale genuine - s.12A(a)-(c), Regs 3(a)-(d),4(1),4(2)...
Appellant's ring-back tone service held OIDAR, taxable domestically for 01.07.2012-31.07.2016; liability confirmed, penalties vacated, remanded for re...
The central government issues a notification superseding numerous prior customs exemption notifications and establishes standardized effective rates of customs duty, integrated tax (IGST) and compensation cess for specified imported goods. It exempts imports for listed tariff items to the extent duties or taxes exceed prescribed standard rates set out in Tables I-IV, with applicable conditions in annexures, and includes a provision adjusting valuation for certain goods based on carrier, freight and insurance. The notification takes effect on 1 November 2025.
The central government issues a notification superseding numerous prior customs exemption notifications and establishes standardized effective rates of customs duty, integrated tax (IGST) and compensation cess for specified imported goods. It exempts imports for listed tariff items to the extent duties or taxes exceed prescribed standard rates set out in Tables I-IV, with applicable conditions in annexures, and includes a provision adjusting valuation for certain goods based on carrier, freight and insurance. The notification takes effect on 1 November 2025.
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