https://www.taxtmi.com/news?id=26164 Reduction of the Basic Customs Duty tariff structure for non-textile, non-agricultural goods and targeted customs relief-including exemptions for machinery to manufacture lithium-ion cells, concessional duties on electronic parts, exemption of denatured ethyl alcohol, and nullification of duty on seeds for lab-grown diamonds-are intended to promote domestic manufacturing and energy transition. Proposed CGST amendments raise the prosecution threshold, reduce compounding ranges, decriminalise certain offences, and limit return/statement filing to three years from the due date. en-us Wed, 01 Feb 2023 14:11:24 +0530 Wed, 01 Feb 2023 14:11:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=26164 Reduction of the Basic Customs Duty tariff structure for non-textile, non-agricultural goods and targeted customs relief-including exemptions for machinery to manufacture lithium-ion cells, concessional duties on electronic parts, exemption of denatured ethyl alcohol, and nullification of duty on seeds for lab-grown diamonds-are intended to promote domestic manufacturing and energy transition. Proposed CGST amendments raise the prosecution threshold, reduce compounding ranges, decriminalise certain offences, and limit return/statement filing to three years from the due date. News - Wed, 01 Feb 2023 14:11:24 +0530 https://www.taxtmi.com/news?id=26164