https://www.taxtmi.com/article/detailed?id=11065 Customs duty structure is being rationalised with adjusted Basic Customs Duty, AIDC and SWS rates across multiple sectors; targeted increases and reductions are announced, exemptions and SWS reliefs are modified or rescinded, and many exemption notifications are extended pending review. Legislative amendments clarify exemption validity exceptions, prescribe a nine month disposal period for Settlement Commission applications, and amend countervailing, anti dumping and appeal provisions (retrospectively validated). The Customs Tariff schedules are revised and central excise changes include CNG/biogas excise relief and revised cigarette cesses. en-us Thu, 02 Feb 2023 13:32:10 +0530 Thu, 02 Feb 2023 14:04:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=11065 Customs duty structure is being rationalised with adjusted Basic Customs Duty, AIDC and SWS rates across multiple sectors; targeted increases and reductions are announced, exemptions and SWS reliefs are modified or rescinded, and many exemption notifications are extended pending review. Legislative amendments clarify exemption validity exceptions, prescribe a nine month disposal period for Settlement Commission applications, and amend countervailing, anti dumping and appeal provisions (retrospectively validated). The Customs Tariff schedules are revised and central excise changes include CNG/biogas excise relief and revised cigarette cesses. Articles Budget - Tax Proposals Thu, 02 Feb 2023 13:32:10 +0530 https://www.taxtmi.com/article/detailed?id=11065