Origin Declaration authentication governs preferential tariff claims under India-UK CETA, requiring a validated reference number before import clearan...
Separate assessment orders for different years remain valid when distinct notices and hearing opportunities prevent prejudice from combined proceeding...
Defined public benefit can retain charitable character; registration renewal requires examining genuine activities and legal compliance, not surplus a...
Capital reduction is distinct from share buy-back, preventing buy-back tax; restructuring interest and related business deductions also survive scruti...
Basic customs duty is exempted, to the extent it exceeds nil, on specified imported chemicals, petrochemicals and polymer products listed in the notification, subject to the corresponding tariff classifications in the First Schedule to the Customs Tariff Act, 1975. The exemption covers items such as ammonia, toluene, styrene, methanol, MEG, PTA, polypropylene, PVC, PET chips, resins, polyurethanes and related polymers. The notification takes effect from 2 April 2026 and remains operative up to and including 30 June 2026.
Basic customs duty is exempted, to the extent it exceeds nil, on specified imported chemicals, petrochemicals and polymer products listed in the notification, subject to the corresponding tariff classifications in the First Schedule to the Customs Tariff Act, 1975. The exemption covers items such as ammonia, toluene, styrene, methanol, MEG, PTA, polypropylene, PVC, PET chips, resins, polyurethanes and related polymers. The notification takes effect from 2 April 2026 and remains operative up to and including 30 June 2026.
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