Transaction value cannot be rejected solely on non-statutory valuation guidelines without corroborative evidence supporting reassessment of final cust...
Cross-examination rights and corroborated evidence limit customs penalties for misdeclaration in genuine import transactions involving documented clea...
Tariff classification of vehicle gear components follows the specific gearing entry, displacing motor-vehicle parts classification and related liabili...
Necessary-party requirements limit impleadment of independent entities, while deferred consideration does not create an appealable adverse determinati...
Appendix 4B of the Handbook of Procedures, 2023 has been amended to update the lists of banks authorised to import gold and silver. Fifteen banks are authorised to import both gold and silver, while Union Bank of India and SBER Bank are authorised to import only gold. The revised authorisations take effect from 1 April 2026 and remain valid until 31 March 2029. The public notice therefore updates the operational bank list for precious metal imports under the Foreign Trade Policy framework.
Appendix 4B of the Handbook of Procedures, 2023 has been amended to update the lists of banks authorised to import gold and silver. Fifteen banks are authorised to import both gold and silver, while Union Bank of India and SBER Bank are authorised to import only gold. The revised authorisations take effect from 1 April 2026 and remain valid until 31 March 2029. The public notice therefore updates the operational bank list for precious metal imports under the Foreign Trade Policy framework.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4819 
Join Channel 
