Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
Notification amends Notification No. 41/2025-Customs by substituting revised TABLE I and TABLE II prescribing updated tariff concessions for specified goods under the India-EFTA trade arrangement (Switzerland). The substituted tables revise the applicable Basic Customs Duty (BCD) rates and, where specified, Agriculture Infrastructure and Development Cess (AIDC) and health cess rates, including value-based rate distinctions for certain alcoholic beverages by reference to CIF value per 750 ml bottle. The amended concessional duty structure applies to imports of the listed tariff items in accordance with the revised schedules, and takes effect from 1 January 2026.
Notification amends Notification No. 41/2025-Customs by substituting revised TABLE I and TABLE II prescribing updated tariff concessions for specified goods under the India-EFTA trade arrangement (Switzerland). The substituted tables revise the applicable Basic Customs Duty (BCD) rates and, where specified, Agriculture Infrastructure and Development Cess (AIDC) and health cess rates, including value-based rate distinctions for certain alcoholic beverages by reference to CIF value per 750 ml bottle. The amended concessional duty structure applies to imports of the listed tariff items in accordance with the revised schedules, and takes effect from 1 January 2026.
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