Limitation for final assessment under sections 144C and 153 treated jointly, resulting in quashing of timebarred assessment order and liberty to reviv...
Deductibility of settlement payments for securities law penalties and treatment of unexplained cash credits in share trading -- Tribunal upholds posit...
Threshold for allottee-initiated insolvency petitions in leasehold real estate upheld; petition admitted after possession letters deemed legally ineff...
Contravention of foreign exchange rules in crossborder diamond payments; appellate tribunal reduces one appellant's penalty for delay and proportional...
Tariff values under the Customs Act are revised for specified imported goods by substituting the tables in the principal customs notification. The updated values cover edible oils and palmolein varieties, brass scrap, gold and silver in specified forms, and areca nuts, with defined tariff values applying to the listed headings and conditions. For gold and silver, the notification also preserves separate treatment for goods imported under the identified entries and for certain forms excluded from those entries. The revised tariff values take effect from 31 March 2026.
Tariff values under the Customs Act are revised for specified imported goods by substituting the tables in the principal customs notification. The updated values cover edible oils and palmolein varieties, brass scrap, gold and silver in specified forms, and areca nuts, with defined tariff values applying to the listed headings and conditions. For gold and silver, the notification also preserves separate treatment for goods imported under the identified entries and for certain forms excluded from those entries. The revised tariff values take effect from 31 March 2026.
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