Opportunity to furnish unsecured-loan confirmations is required before reassessment initiation; proceedings require fresh consideration after taxpayer...
Under-reporting on a first reassessment return attracts penalty, while enhanced misreporting penalty requires proof of a statutory misreporting catego...
Notification substitutes Tables 1-3 in the existing Customs valuation schedule to fix tariff values for specified edible oils, brass scrap, areca nut, gold and silver, recording the precise US dollar rates for each listed tariff item. The amendment leaves the listed tariff values unchanged where noted and prescribes that the substitution takes effect from 30 January 2026, thereby determining the import valuation reference for those goods under the Customs notification regime.
Notification substitutes Tables 1-3 in the existing Customs valuation schedule to fix tariff values for specified edible oils, brass scrap, areca nut, gold and silver, recording the precise US dollar rates for each listed tariff item. The amendment leaves the listed tariff values unchanged where noted and prescribes that the substitution takes effect from 30 January 2026, thereby determining the import valuation reference for those goods under the Customs notification regime.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
