Reopening Assessments invalid where satisfaction and jurisdictional approval are absent for third party seized material, leading to quashing of assess...
Benami property exclusion from the insolvency estate: Benami Act proceedings preclude IBC tribunals from reopening attachments or treating such assets...
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Prescribes specific monthly central excise duty rates on chewing tobacco (including filter khaini), jarda scented tobacco, and gutkha manufactured with the aid of packing machines and cleared in pouches, determined by the pouch retail sale price and the packing machine's speed (pouches per minute), with slab-wise rates for speeds up to 1500 pouches per minute and a formula-based rate for speeds of 1501 and above using variables S (machine speed) and R (retail sale price). Defines "packing machine" broadly to include FFS and other pouch-packing machines and deems each track/line of a multi-track machine to be a separate machine, and deems the highest declared retail sale price (inclusive of taxes and charges) to apply where multiple prices are printed. Machine count is to be determined under the 2026 Capacity Determination Rules, and the rates apply from 1 February 2026.
Prescribes specific monthly central excise duty rates on chewing tobacco (including filter khaini), jarda scented tobacco, and gutkha manufactured with the aid of packing machines and cleared in pouches, determined by the pouch retail sale price and the packing machine's speed (pouches per minute), with slab-wise rates for speeds up to 1500 pouches per minute and a formula-based rate for speeds of 1501 and above using variables S (machine speed) and R (retail sale price). Defines "packing machine" broadly to include FFS and other pouch-packing machines and deems each track/line of a multi-track machine to be a separate machine, and deems the highest declared retail sale price (inclusive of taxes and charges) to apply where multiple prices are printed. Machine count is to be determined under the 2026 Capacity Determination Rules, and the rates apply from 1 February 2026.
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