Condonation of Delay: directoral disputes and pending company proceedings can constitute reasonable cause, allowing a belated return to be treated as ...
Revisionary jurisdiction under section 263 upheld; faceless assessments subject to revision when AO fails requisite enquiries, remitted for fresh asse...
The notification substitutes TABLE 1, TABLE 2 and TABLE 3 of the principal customs tariff value notification to fix specified tariff values for listed commodities. It prescribes tariff values in US dollars per metric tonne for edible oils (crude palm oil, RBD palm oil, palmolein, crude soybean oil), brass scrap, and areca nut, and in US dollars per unit for precious metals (gold and silver, with separate entries for bars, coins and specified forms). The substituted tables take effect from 6 February 2026, thereby determining the notified tariff valuation applicable to imports of the listed goods.
The notification substitutes TABLE 1, TABLE 2 and TABLE 3 of the principal customs tariff value notification to fix specified tariff values for listed commodities. It prescribes tariff values in US dollars per metric tonne for edible oils (crude palm oil, RBD palm oil, palmolein, crude soybean oil), brass scrap, and areca nut, and in US dollars per unit for precious metals (gold and silver, with separate entries for bars, coins and specified forms). The substituted tables take effect from 6 February 2026, thereby determining the notified tariff valuation applicable to imports of the listed goods.
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