Reasonable Cause for Late Return: penalty under section 271(1)(c) unsustainable where disclosure, audit filing and voluntary offer showed no concealme...
Tariff values are revised for specified imports under Customs Act valuation rules by substituting Tables 1 to 3 in the existing customs notification. The amended schedule sets new tariff values for edible oils, brass scrap, gold and silver in specified forms and for areca nuts, including separate values for certain gold and silver entries where benefits under linked customs notifications are claimed. The amendment applies from 16 April 2026, and the earlier tariff-value tables are replaced accordingly for customs assessment purposes.
Tariff values are revised for specified imports under Customs Act valuation rules by substituting Tables 1 to 3 in the existing customs notification. The amended schedule sets new tariff values for edible oils, brass scrap, gold and silver in specified forms and for areca nuts, including separate values for certain gold and silver entries where benefits under linked customs notifications are claimed. The amendment applies from 16 April 2026, and the earlier tariff-value tables are replaced accordingly for customs assessment purposes.
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