Person chargeable with duty must be the importer at importation; subsequent purchasers cannot be held liable where beneficial owner rules did not appl...
Prohibited importation of cosmetics without prior regulatory registration attracts seizure and confiscation; warehousing or re export claims do not cu...
Provisional release on security permitted where cash deposit plus bond secures differential duty; classification and treaty benefits referred for deci...
Customs Valuation Rule Sequence must be followed; single-comparator re-determination and penalties set aside without comparability or proof of mis-dec...
Notification declares Barnala Improvement Trust an authority for purposes of clause (46A) of section 10 of the Income-tax Act, entitling specified income to tax exemption; operative effect is from assessment year 2024-25, conditional on continued status as a local authority under the Punjab Town Improvement Act, 1922 and carrying one or more purposes listed in sub-clause (a) of clause (46A). The notification is accompanied by a certification that retrospective effect (from the year of application) does not adversely affect any person.
Notification declares Barnala Improvement Trust an authority for purposes of clause (46A) of section 10 of the Income-tax Act, entitling specified income to tax exemption; operative effect is from assessment year 2024-25, conditional on continued status as a local authority under the Punjab Town Improvement Act, 1922 and carrying one or more purposes listed in sub-clause (a) of clause (46A). The notification is accompanied by a certification that retrospective effect (from the year of application) does not adversely affect any person.
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