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 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 4817 
Join Channel 
