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Foreign Currency

Finance Ministry - Revised Customs Tariff Values - Customs Tariff Values for Palm Oil - TAXSCAN
Finance Ministry Revises Customs Tariff Values for Palm Oil, Soya Bean Oil, Gold and Silver, and Areca Nuts [Read Notification]
March 14, 2025
ITAT - ITAT Bengaluru - Income Tax Appellate Tribunal - LIBOR Rate Application ITAT Case - TAXSCAN
ITAT Directs TPO to apply LIBOR Rate for Interest on Foreign Currency Receivables [Read Order]
December 25, 2024
ITAT - ITAT Ahmedabad - Cash Withdrawal - Income Tax Dept - Income Tax - Income Tax Dept disproving deposits - Taxscan
Once Cash Withdrawals are Proven, Burden Shifts to Income Tax Dept to Disprove their Use for Deposits: ITAT [Read Order]
October 22, 2024
Delhi High Court - customs compounding fees - seized currency - Customs act - Compounding Charges - taxscan
Delhi HC upholds Customs Compounding Fees as Reasonable, Citing Small Fraction of Seized Currency [Read Order]
October 9, 2024
Customs - CBIC - Tariff value of silver - TAXSCAN
Finance Ministry amends Customs Tariff Value of Oil, Gold, Silver and Areca Nuts [Read Notification]
September 27, 2024
Service tax - CESTAT ruling - Foreign currency tax - Reverse charge - Tax demand quashed - Taxscan
No Evidence on Record shows Services Received against Foreign Currency Spend: CESTAT quashes Demand, Penalty and Interest [Read Order]
September 23, 2024
Customs Baggage Rules - Indian Travel - Passenger Guidelines - Baggage Restrictions - Duty free limits - taxscan
Know Before You Fly: Customs Baggage Rules for Passengers Arriving in India
June 28, 2024
Intention to Smuggle Prohibited Goods - Export Prohibited Goods - CESTAT - Foreign Currency - TAXSCAN
Intention to Smuggle Prohibited Goods cannot be Equated with attempt to Export Prohibited Goods: CESTAT sets aside Absolute Confiscation of Foreign Currency [Read Order]
June 21, 2024
CBIC - customs - Ministry of finance - indirect taxes - Finance ministry - TAXSCAN
Finance Ministry Revises Customs Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver [Read Notification]
June 15, 2024
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