Deductibility for charitable donations affirmed where payments to approved relief funds, even if CSR-driven, qualify under the donation deduction sche...
Mis-declaration in import descriptions must be deliberate to justify confiscation; withheld contemporaneous import documents invalidate value redeterm...
Liability for EPCG export shortfall: duty and interest sustained, but confiscation and penalties quashed where no fraud and causes beyond importer con...
Notification No. 42/2025-Customs is amended by substituting the existing table with a revised table prescribing tariff-item-wise rates of basic customs duty (BCD), Agriculture Infrastructure and Development Cess (AIDC) and health cess for specified goods covered under the first tranche of tariff concessions under the India-EFTA arrangement (Norway). The substituted table updates the applicable concessional duty structure for the listed tariff items and descriptions, determining the duty payable on their importation in accordance with the revised rates. The amendment comes into force on 1 January 2026.
Notification No. 42/2025-Customs is amended by substituting the existing table with a revised table prescribing tariff-item-wise rates of basic customs duty (BCD), Agriculture Infrastructure and Development Cess (AIDC) and health cess for specified goods covered under the first tranche of tariff concessions under the India-EFTA arrangement (Norway). The substituted table updates the applicable concessional duty structure for the listed tariff items and descriptions, determining the duty payable on their importation in accordance with the revised rates. The amendment comes into force on 1 January 2026.
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