Reopening Assessments invalid where satisfaction and jurisdictional approval are absent for third party seized material, leading to quashing of assess...
Benami property exclusion from the insolvency estate: Benami Act proceedings preclude IBC tribunals from reopening attachments or treating such assets...
Exclusion of limitation period: pandemic suspension plus debtor acknowledgement can extend limitation, requiring fresh factfinding on guarantee invoca...
Customs exemption and cess schedules for gold, silver, coins and other precious-metal goods are revised by amending Notifications 11/2018-Customs and 11/2021-Customs. The concessional entries are expanded to cover additional tariff headings, including 7107, 7109, 7111, 7112 and 7118, while certain entries are omitted or substituted. Social Welfare Surcharge rates are updated for specified precious-metal goods, including spent catalyst or ash containing precious metals, gold and silver findings, and goods covered by the relevant exemption notification, with separate rates or nil treatment as prescribed. The changes also impose procedural conditions for imported spent catalyst or ash, including an undertaking on precious-metal content and a Ministry of Environment certificate. The notification takes effect from 13 May 2026.
Customs exemption and cess schedules for gold, silver, coins and other precious-metal goods are revised by amending Notifications 11/2018-Customs and 11/2021-Customs. The concessional entries are expanded to cover additional tariff headings, including 7107, 7109, 7111, 7112 and 7118, while certain entries are omitted or substituted. Social Welfare Surcharge rates are updated for specified precious-metal goods, including spent catalyst or ash containing precious metals, gold and silver findings, and goods covered by the relevant exemption notification, with separate rates or nil treatment as prescribed. The changes also impose procedural conditions for imported spent catalyst or ash, including an undertaking on precious-metal content and a Ministry of Environment certificate. The notification takes effect from 13 May 2026.
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