ESOP expenditure allowed as FMV difference; long-term capital gain issue sent back for collector rate determination; deferred income additions disallo...
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)...
Under authority of the Customs Act, the revenue board amended the existing customs notification to fix tariff values for specified goods, substituting three tables setting dollar-per-metric-tonne values for various edible oils (palm, palmolein, soybean), brass scrap and areca nut, and dollar unit values for specified gold and silver forms (including bars, coins and certain silver items), with specified exclusions and explanations. The amendment takes effect 15 November 2025.
Under authority of the Customs Act, the revenue board amended the existing customs notification to fix tariff values for specified goods, substituting three tables setting dollar-per-metric-tonne values for various edible oils (palm, palmolein, soybean), brass scrap and areca nut, and dollar unit values for specified gold and silver forms (including bars, coins and certain silver items), with specified exclusions and explanations. The amendment takes effect 15 November 2025.
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