The Tribunal upheld reclassification and duty recovery but ruled that section 111(o) applies only where exemption conditions are breached. Mere ineligibility to exemption due to wrong classification ...
The government is considering cutting the number of customs duty slabs from eight to five or six in the upcoming Budget. The ...
While the original and appellate customs authorities accepted the Revenue's view, the Customs, Excise and Service Tax ...
The government is looking to simplify its customs duty slabs and tariff regime in Union Budget 2026 by cutting labs to five ...
This decision is intended to create a more unified indirect tax regime and ease compliance for businesses operating under ...