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        <title>Tax Updates - Daily Update</title>
        <link>https://www.taxtmi.com</link>
        <description>One stop solution for Direct Taxes and Indirect Taxes and Corporate Laws in India</description>
        <category>Business/Tax/Law/GST/India/Taxation/Policies/Legal/Corporate Tax/Personal Tax/Vat Law/Legal Information/Tax Information/Legal Services/Tax Services</category>
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<title>All about pre deposit in GST law- take away from GSTAT Cuttack Bench order.</title>
<link>https://www.taxtmi.com/article/detailed?id=16964</link>
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<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[GST Tribunal pre-deposit is discussed as turning on whether the tax remaining in dispute under the first appellate order should determine the aggregate deposit requirement. The article supports recalculation on reduced disputed tax where partial relief is granted, with the first-appeal deposit capable of satisfying the aggregate requirement. A contrary view treats the Tribunal deposit as distinct and additional because the statute requires payment in addition to the first-appeal deposit. Tribunal filing fees are linked to disputed tax, input tax credit, or relevant fine, fee or penalty, subject to prescribed minimum and maximum limits.]]></description>
<category>GST</category>
<category>Articles</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
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        <item>
<title>Retracted Confessional Statement and Uncorroborated Co-Accused Statements Lack Evidentiary Value under Section 108</title>
<link>https://www.taxtmi.com/article/detailed?id=16974</link>
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<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[Retracted confessional statements recorded under Section 108 of the Customs Act require independent and reliable corroboration when retracted at the earliest opportunity before a judicial authority. Uncorroborated statements of co-accused persons are fragile evidence and cannot alone establish liability against another noticee. Physical recoveries, financial trails, or reliable communication evidence may provide corroboration. Findings based only on retracted statements, co-accused statements, assumptions, and presumptions lack a sufficient evidentiary basis for personal penalties in customs proceedings.]]></description>
<category>Customs</category>
<category>Articles</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
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<title>How Indian Investors Can Build a Repeatable Stock Picking Framework</title>
<link>https://www.taxtmi.com/article/detailed?id=16973</link>
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<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[A repeatable stock-picking framework uses broad screening to identify companies for research, followed by business-model understanding, annual-report review, financial analysis and valuation. Investors should examine management disclosures, notes to accounts, related-party transactions, contingent liabilities and alignment between reported profits and operating cash flow. Key measures include return on equity, operating margins, free cash flow, leverage, promoter holding and pledging. Valuation should be assessed independently through peer and historical comparisons, growth-adjusted measures and conservative cash-flow assumptions. An investment journal helps test and refine the investment thesis over time.]]></description>
<category>TaxLaws</category>
<category>Articles</category>
<category>TaxTMI</category>
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        <item>
<title>The Complete Guide to Fire Compliance and Fire NOC Across Commercial Establishments [Part 1 of 2]</title>
<link>https://www.taxtmi.com/article/detailed?id=16972</link>
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<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[Fire compliance requires commercial premises to meet applicable fire safety laws, codes and local requirements through detection, alarm and suppression systems, maintained extinguishers, safe exits, emergency lighting, electrical safeguards, evacuation planning, staff training and records. A Fire NOC may be required, depending on the premises and local rules, before occupation, operations, licensing, changes of use or expansion. The process generally involves installing prescribed measures, submitting required documentation, inspection, correction of deficiencies and certification. Compliance continues after approval through testing, maintenance, drills, training, accessible exits and prompt rectification of defects.]]></description>
<category>TaxLaws</category>
<category>Articles</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>India-UK Comprehensive Economic and Trade Agreement (CETA): A Detailed Analysis</title>
<link>https://www.taxtmi.com/article/detailed?id=16971</link>
<guid isPermaLink="true">https://www.taxtmi.com/article/detailed?id=16971</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[The India-United Kingdom Comprehensive Economic and Trade Agreement provides for tariff liberalisation, wider market access, services trade, professional mobility, government procurement access, customs facilitation and cooperation on intellectual property and digital trade. Rules of origin limit preferential tariffs to goods genuinely originating in either country and seek to prevent transhipment and misuse of preferences. A related Double Contribution Convention is described as reducing simultaneous social-security contribution obligations for eligible temporary workers. Implementation requires compliance with technical standards, customs and certification adjustments, and management of competition and carbon-border trade issues.]]></description>
<category>Customs</category>
<category>Articles</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>Settlement of Arbitral Award and Withdrawal of Enforcement Proceedings Do Not Constitute ‘Supply’ Under GST</title>
<link>https://www.taxtmi.com/article/detailed?id=16970</link>
<guid isPermaLink="true">https://www.taxtmi.com/article/detailed?id=16970</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[GST treatment of an arbitral-award settlement depends on whether an independent agreement requires a party, for consideration, to tolerate an act, refrain from an act, or perform an act. Payment solely towards damages awarded for contractual breach remains compensatory, even where enforcement proceedings are withdrawn or suspended upon satisfaction of the award. Such enforcement steps may be incidental to discharge of the award rather than a separate supply. CBIC guidance supports the position that breach-related damages are not consideration for taxable supply without a specific agreement and consideration for toleration or forbearance.]]></description>
<category>GST</category>
<category>Articles</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
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        <item>
<title>CANCELLATION OF REGISTRATION ON THE GROUNDS OTHER THAN SHOWN IN THE SHOW CAUSE NOTICE</title>
<link>https://www.taxtmi.com/article/detailed?id=16969</link>
<guid isPermaLink="true">https://www.taxtmi.com/article/detailed?id=16969</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[GST registration cancellation must be based on specified statutory grounds and preceded by a prescribed show-cause notice and opportunity to reply. The proper officer cannot cancel registration on a ground different from that stated in the notice, since the registered person must be specifically informed of the proposed basis and supporting material to respond effectively. Where valid grounds exist, a fresh notice stating those grounds may be issued and decided in accordance with law. Cancellation does not extinguish pre-cancellation tax liabilities or statutory obligations.]]></description>
<category>GST</category>
<category>Articles</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>Outbound Tour Services to Indian Tourists Taxable Prior to Negative List Regime</title>
<link>https://www.taxtmi.com/article/detailed?id=16968</link>
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<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[Outbound international tour packages arranged by an Indian tour operator for Indian tourists before the negative-list regime are examined as taxable Tour Operator Service where both provider and recipient are in India. The article explains that overseas performance does not by itself make the service an export, because pre-negative-list taxability is determined under the Finance Act, 1994 rather than taxable-territory principles. Conflicting legal views on the issue may preclude alleging suppression for extended limitation, confining liability and interest to the normal period and excluding penalties.]]></description>
<category>Service Tax</category>
<category>Articles</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>DEEMED WITHDRAWAL OF BEST JUDGMENT ASSESSMENT</title>
<link>https://www.taxtmi.com/article/detailed?id=16967</link>
<guid isPermaLink="true">https://www.taxtmi.com/article/detailed?id=16967</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[Best judgment assessment may be made where a registered person does not file the prescribed GST return despite notice. The assessment is deemed withdrawn if a valid return is furnished within the applicable statutory period after service of the order. The period is 60 days from 1 October 2023, with a further 60 days available on payment of an additional daily late fee. Withdrawal of the assessment does not remove liability for interest on delayed tax payment or statutory late fee.]]></description>
<category>GST</category>
<category>Articles</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>Why There Is No Uniform Maximum Retail Price (MRP) on Alcoholic Beverages in India: A Constitutional, Legal and Regulatory Analysis?</title>
<link>https://www.taxtmi.com/article/detailed?id=16966</link>
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<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[Alcoholic liquor for human consumption is regulated through State constitutional powers over intoxicating liquors and State excise duties, creating separate State-regulated markets. Although packaged commodities generally carry maximum retail price disclosures, alcohol prices may be approved under State excise mechanisms after accounting for State-specific duties, licence fees, levies, landed cost and prescribed margins. Alcohol remains outside GST, and imported products also undergo customs, import approval, labelling and State pricing processes. A nationwide MRP is therefore impracticable where statutory charges and authorised prices differ across States. Licensed retailers must comply with applicable excise rules, licence conditions and approved price lists.]]></description>
<category>TaxLaws</category>
<category>Articles</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>Mandatory Display of Alcohol Prices at Wine Shops: Transparency Without a Uniform National MRP</title>
<link>https://www.taxtmi.com/article/detailed?id=16965</link>
<guid isPermaLink="true">https://www.taxtmi.com/article/detailed?id=16965</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[Alcoholic beverages are regulated through State-approved retail selling prices rather than a uniform nationwide manufacturer-declared maximum retail price. Licensed liquor retailers must prominently display authorised price lists and adhere to those prices. State-specific prices reflect applicable taxation, fees and authorised margins. Failure to display prices or charging beyond approved rates may breach licence conditions and may lead to regulatory action. Consumers may compare the displayed price with the bill and payment demanded, retain purchase records, and report suspected overcharging.]]></description>
<category>Customs</category>
<category>Articles</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
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<title>Revenue precluded from imposing a Section 117 penalty if not proposed in the Show Cause Notice</title>
<link>https://www.taxtmi.com/article/detailed?id=16963</link>
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<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[Customs penalties for improper export and use of false material require evidence linking the individual to overvaluation, misclassification, or the knowing use of a materially false declaration, statement or document. Peripheral involvement in a separate unlawful act does not itself establish liability for improper export. Where allegations concerning cleared consignments rest on uncorroborated statements, specific material connecting the person to the export contravention remains necessary. A separate residual customs penalty cannot be introduced at the appellate stage if it was not proposed in the show cause notice.]]></description>
<category>Customs</category>
<category>Articles</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
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        <item>
<title>Is Cashew a Fruit? A Tax Question Beyond Botany</title>
<link>https://www.taxtmi.com/article/detailed?id=16962</link>
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<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[Service tax exemption for transportation of fruits by road depends on the meaning of "fruits" in the exemption notification. Where the term is undefined, it should ordinarily receive its popular or commercial meaning, read with the exemption's purpose, rather than a strictly botanical meaning. Processing of cashew through cleaning, drying, shelling or grading does not necessarily alter its agricultural origin. In the absence of an express exclusion, the notification should not be curtailed by importing an unstated limitation, and administrative interpretation cannot substitute legislative language.]]></description>
<category>Service Tax</category>
<category>Articles</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>GST PORTAL NOTICES ARE REAL NOTICES: DIGITAL VIGILANCE IS NOW NON-NEGOTIABLE</title>
<link>https://www.taxtmi.com/article/detailed?id=16961</link>
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<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[Electronic availability of GST notices and orders on the common portal is a legally valid mode of service, and physical delivery is not invariably required. Taxpayers must monitor portal communications, respond within time, and pursue revocation or appellate remedies within applicable limitation periods. Digital service must nevertheless afford a real and fair opportunity to respond: genuine portal defects, confusing notice categorisation, or communication failures may be relevant where they render service ineffective. Writ jurisdiction ordinarily does not replace unavailed statutory remedies or cure prolonged inaction.]]></description>
<category>GST</category>
<category>Articles</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>Applicability of Legal Metrology Laws to Alcoholic Beverages in India.</title>
<link>https://www.taxtmi.com/article/detailed?id=16960</link>
<guid isPermaLink="true">https://www.taxtmi.com/article/detailed?id=16960</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[Alcoholic beverages may be regulated under Legal Metrology law as packaged commodities for net quantity or volume and manufacturer or importer declarations. State Excise law, rules, licence conditions and excise directions principally govern manufacture, licensing, brand registration, label approval, price approval, retail sale and display of approved selling prices. Alcohol-content declarations are largely addressed through excise and food-safety requirements. Accordingly, Legal Metrology does not wholly cease to apply, but State Excise legislation predominates in regulating liquor pricing, retail display and sale conditions.]]></description>
<category>TaxLaws</category>
<category>Articles</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>Bringing Wine from Europe/Foreign Country to India: Customs Rules, FSSAI Requirements, Duty Implications and Practical Guidance for Indian Travellers.</title>
<link>https://www.taxtmi.com/article/detailed?id=16959</link>
<guid isPermaLink="true">https://www.taxtmi.com/article/detailed?id=16959</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[Wine carried by a traveller in accompanied baggage for personal use is assessed under passenger baggage rules and generally does not require an FSSAI import licence. Eligible adult passengers may bring up to two litres of alcoholic liquor or wine duty-free, calculated by total volume. Excess wine should be declared through the Red Channel for assessment. Duty payment does not create an unrestricted right to import wine, as Customs may consider quantity, packaging, value, travel frequency and personal-use explanation when deciding whether goods qualify as bona fide passenger baggage.]]></description>
<category>Customs</category>
<category>Articles</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>IPR Enforcement at Borders: International Best Practices - Exhibits, Examples, and Real-Life Case Laws</title>
<link>https://www.taxtmi.com/article/detailed?id=16958</link>
<guid isPermaLink="true">https://www.taxtmi.com/article/detailed?id=16958</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[Border enforcement of intellectual property rights uses customs recordation, risk-based inspection, detention, seizure, destruction and information sharing to prevent infringing goods from crossing borders. TRIPS-based border measures, WCO risk-management practices and WIPO capacity-building support customs action. Effective enforcement combines electronic filing, data analytics, artificial intelligence, product-authentication support from right holders, and cross-border cooperation. India's framework permits electronic recordation of registered rights, suspension of suspected infringing imports and appropriate suo motu action, while e-commerce, small parcels and sophisticated counterfeits remain key challenges.]]></description>
<category>Customs</category>
<category>Articles</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>Cross-Border E-Commerce: Challenges for Customs Administration.</title>
<link>https://www.taxtmi.com/article/detailed?id=16957</link>
<guid isPermaLink="true">https://www.taxtmi.com/article/detailed?id=16957</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[Cross-border e-commerce creates high-volume, low-value parcel flows that require customs to balance rapid clearance with revenue protection, border security, consumer safety and intellectual-property enforcement. Incomplete data, undervaluation, misclassification, false origin declarations, consignment splitting, counterfeit goods and smuggling complicate risk assessment. Electronic declarations, risk-based inspection, paperless clearance and simplified courier procedures can improve administration, provided timely advance electronic data, digital capability, inter-agency cooperation and technology-supported targeting are strengthened.]]></description>
<category>Customs</category>
<category>Articles</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>CESTAT Hyderabad held that imported Quick Lime is classifiable under CTH 2522</title>
<link>https://www.taxtmi.com/article/detailed?id=16956</link>
<guid isPermaLink="true">https://www.taxtmi.com/article/detailed?id=16956</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[Imported quicklime is classifiable under tariff item 2522 10 00 where its identity as quicklime is undisputed. Under General Rule for Interpretation 1, the specific tariff description for quicklime governs. The exclusion for calcium oxide and hydroxide under heading 2825 applies where the mineral product has been converted into separate chemical elements or chemically defined compounds with the character of a chemical product. Classification rules for mixtures or composite goods do not apply in the absence of different materials or substances.]]></description>
<category>Customs</category>
<category>Articles</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>SEPARATE GST ORDERS CAN TRAVEL TOGETHER WITHOUT BECOMING COMPOSITE</title>
<link>https://www.taxtmi.com/article/detailed?id=16955</link>
<guid isPermaLink="true">https://www.taxtmi.com/article/detailed?id=16955</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[Separate GST notices and Orders-in-Original for different financial years do not become composite proceedings merely because they are issued simultaneously. The decisive issue is whether each tax period retains separate allegations, opportunity for response, and year-wise findings. Composite proceedings may cause prejudice where several years are blended and cannot be effectively answered or examined independently. Formal separation alone is insufficient if allegations or reasoning are mixed. Challenges concerning factual findings, records, tax computation, or merits ordinarily require use of statutory appellate remedies.]]></description>
<category>GST</category>
<category>Articles</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
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        <item>
<title>Third, final and golden opportunity for filing appeal before GSTAT.</title>
<link>https://www.taxtmi.com/article/detailed?id=16954</link>
<guid isPermaLink="true">https://www.taxtmi.com/article/detailed?id=16954</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[GSTAT second appeals concerning orders up to 30 April 2026 may use a token generated on or before 31 July 2026 where the appeal cannot be fully completed in time. A separate token is required for each appeal and requires the available appellate-order reference and relevant tax-period details. The token evidences an attempt to initiate filing, subject to applicable provisions and verification, but the appeal or application must be completed within 60 days of token generation. Cases commencing from 1 May 2026 remain subject to the stated three-month filing period.]]></description>
<category>GST</category>
<category>Articles</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
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<title>Assessment Order Passed Against a Deceased Assessee is Unsustainable in Law</title>
<link>https://www.taxtmi.com/article/detailed?id=16953</link>
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<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[GST proceedings against a deceased registered person require notice to and participation of the legal representatives. Section 93 of the Central Goods and Services Tax Act, 2017 governs liability after death: a continuing business may make the legal representative or other continuing person liable, while a discontinued business limits the legal representative's liability to the deceased person's estate. GST records should be updated, registration cancelled where appropriate, and fresh show-cause notices issued to identified legal heirs before adjudication. Failure to do so is described as a substantive jurisdictional defect.]]></description>
<category>GST</category>
<category>Articles</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>Last-Mile Logistics in International Trade</title>
<link>https://www.taxtmi.com/article/detailed?id=16952</link>
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<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[Last-mile logistics is the final delivery stage after international transport, customs clearance, warehousing and regional distribution. It materially affects delivery time, customer experience, logistics costs and cross-border e-commerce fulfilment. High costs, congestion, failed deliveries, regulatory delays, infrastructure gaps and environmental impacts require coordinated distribution networks, digital platforms and sustainable transport. Artificial intelligence, IoT, blockchain, automation, micro-fulfilment centres, parcel lockers and electric vehicles can improve tracking, routing, documentation, delivery reliability and emissions performance. India's policy approach emphasises multimodal connectivity, digital information exchange, infrastructure, skills and green logistics.]]></description>
<category>Customs</category>
<category>Articles</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>Decarbonization of the Shipping Industry: Global Regulations and India's Preparedness</title>
<link>https://www.taxtmi.com/article/detailed?id=16951</link>
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<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[Shipping decarbonization relies on emission and energy-efficiency standards, alternative fuels, electrification, wind assistance, digital optimisation, and green-port infrastructure. The IMO greenhouse-gas strategy, MARPOL Annex VI, sulfur limits, the Energy Efficiency Existing Ship Index, and the Carbon Intensity Indicator form key international mechanisms. India supports the transition through green hydrogen, port-modernisation, sustainable-port, digitalisation, inland-waterway, shipbuilding, recycling, and renewable-energy initiatives. Further progress requires green-fuel production and bunkering, investment, technical capability, safety arrangements, workforce training, carbon accounting, and technology collaboration.]]></description>
<category>Customs</category>
<category>Articles</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>X-ray and Non-Intrusive Inspection Technologies in Modern Customs Administration</title>
<link>https://www.taxtmi.com/article/detailed?id=16950</link>
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<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[Non-Intrusive Inspection technologies permit customs examination of cargo, vehicles, baggage and parcels without opening or unloading them. X-ray and related imaging systems help identify concealed items, suspicious cargo and discrepancies with declarations, while risk-based selection focuses inspection on high-risk consignments. Integration with electronic customs processing and digital records supports intelligent cargo selection, remote review, transparency and operational efficiency. These technologies strengthen detection of contraband, customs fraud and security threats while reducing manual examination and cargo delays, subject to infrastructure, training, maintenance, radiation-safety and cybersecurity requirements.]]></description>
<category>Customs</category>
<category>Articles</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
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<title>TMI Updates - Newsletter dated: July 19, 2026</title>
<link>https://www.taxtmi.com/newsletter?id=07/19/2026</link>
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<description><![CDATA[Newsletter for tax updates and legal information]]></description>
<category>Daily Updates</category>
<category>Tax</category>
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