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AI Drafter ✕

Generate professional replies to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.

Step 1 – Issue Identification & Review

The AI analyses your query, notice, order, or uploaded documents and identifies the key issues involved.

• Review the issues identified by the AI
• Add, edit, remove, or refine issues as required


Step 2 – Draft Generation

Once you approve the issues, the AI performs issue-wise legal research and prepares a structured draft response.

• Relevant statutory provisions
• Judicial precedents and Supreme Court, High Court and other citations
• Issue-wise legal analysis
• Practical arguments and supporting content
• Professionally structured draft ready for further review.

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        Customs, DGFT & SEZ

        Budget 2018-19 + Finance Act, 2018

        February 1, 2018

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        Finance Act, 2018

        Sections [Chapter Wise]

        Finance Bill, 2018

        Clause by Clause [Chapter Wise]

        Budget Speech

        Budget 2018-19 News   -  Finance Bill 2018 (PDF)

        Customs Notification   -   C. Excise Notifications

        Circulars - Customs & C. Excise    -    Service Tax

         

        Previous:                    Next:

        Budget 2017-18                  Budget 2019-20 (No.1) 

         

        Finance Bill 2018 adjusts direct and indirect tax rates, introduces new tax rules and compliance measures. The Finance Bill, 2018 sets new income tax rates and surcharges, updates withholding/collection and advance tax rules, and creates a ten percent tax on specified long term capital gains, with defined fair market valuation rules. It inserts accounting and computation standards for marked to market, foreign exchange gains and contract revenue recognition; limits deductions where returns are late; establishes electronic customs procedures, a Customs Authority for Advance Rulings, electronic cash ledger payments, and new Social Welfare and Road & Infrastructure cesses on imports and excisable goods; and makes consequential statutory amendments to savings schemes, securities and anti money laundering law with delegated rule making powers.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Finance Bill 2018 adjusts direct and indirect tax rates, introduces new tax rules and compliance measures.

                                The Finance Bill, 2018 sets new income tax rates and surcharges, updates withholding/collection and advance tax rules, and creates a ten percent tax on specified long term capital gains, with defined fair market valuation rules. It inserts accounting and computation standards for marked to market, foreign exchange gains and contract revenue recognition; limits deductions where returns are late; establishes electronic customs procedures, a Customs Authority for Advance Rulings, electronic cash ledger payments, and new Social Welfare and Road & Infrastructure cesses on imports and excisable goods; and makes consequential statutory amendments to savings schemes, securities and anti money laundering law with delegated rule making powers.


                                Note: It is a system-generated summary and is for quick reference only.
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