DRI seizes 48.20 kg Gold Paste worth 25.26 crore under Operation Goldmine at Surat International Airport
As part of Operation Goldmine, the Directorate of Revenue Intelligence (DRI) confiscated 48.20 kg of Gold Paste at Surat International Airport. This...
![LDT not Relevant Factor to Determine Assessable Value of Goods: CESTAT Quashes Differential Duty Demand [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/LDT-Relevant-Factor-Determine-Assessable-Value-of-Goods-CESTAT-Differential-Duty-Demand-Taxscan.jpg "LDT not Relevant Factor to Determine Assessable Value of Goods: CESTAT Quashes Differential Duty Demand [Read Order]")
![Penalty and Redemption Fine Cannot be Imposed When Bill of Entry has been Finally assessed at Declared Value: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Penalty-and-Redemption-Fine-Penalty-Redemption-Fine-Bill-of-Entry-Declared-Value-CESTAT-Penalty-and-Redemption-Fine-Cannot-be-Imposed-Taxscan.jpg "Penalty and Redemption Fine Cannot be Imposed When Bill of Entry has been Finally assessed at Declared Value: CESTAT [Read Order]")
![CBIC amends Customs Tariff Value of Certain Goods [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/05/CBIC-Customs-Tariff-Value-of-Certain-Goods-Customs-Tariff-Value-taxscan.jpg "CBIC amends Customs Tariff Value of Certain Goods [Read Notification]")
Customs Department is Precluded to Decide Title of Goods on no Dispute of Ownership: CESTAT [Read Order]
The Ahmedabad Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) held that the department cannot self-assign to itself the duty of declaring bad in law the certificate issued...
![Customs Department is Precluded to Decide Title of Goods on no Dispute of Ownership: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Customs-Department-Customs-Department-is-Precluded-Title-of-Goods-Goods-Dispute-of-Ownership-Ownership-CESTAT-Customs-Excise-Service-Tax-taxscan.jpg "Customs Department is Precluded to Decide Title of Goods on no Dispute of Ownership: CESTAT [Read Order]")
Profit Earned from DEPB and Duty Drawback Scheme is not entitled to deduction u/s 80-IB of IT Act: Supreme Court [Read Judgement]
The assessee is not entitled to a deduction under section 80IB of the Income Tax Act, 1961 for the profit generated by the Duty Entitlement Pass Book (DEPB) and Duty drawback, according to the...
![Profit Earned from DEPB and Duty Drawback Scheme is not entitled to deduction u/s 80-IB of IT Act: Supreme Court [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2023/04/Profit-DEPB-Duty-Drawback-Scheme-deduction-Supreme-Court-taxscan.jpg "Profit Earned from DEPB and Duty Drawback Scheme is not entitled to deduction u/s 80-IB of IT Act: Supreme Court [Read Judgement]")
Authorities should Act with Greater Swiftness when Goods are Perishable in Nature: Gujarat HC Orders Provisional Release of Kiwi Fruits [Read Order]
Ordering the provisional release of seized kiwi fruits the Gujarat High Court ruled that the authorities should act with greater swiftness when goods are perishable in nature. The petitioner in the...
![Authorities should Act with Greater Swiftness when Goods are Perishable in Nature: Gujarat HC Orders Provisional Release of Kiwi Fruits [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Authorities-Greater-Swiftness-Act-Goods-Perishable-in-Nature-Gujarat-High-Court-Provisional-Release-Provisional-Release-of-Kiwi-Fruits-Kiwi-Fruits-Taxscan.jpg "Authorities should Act with Greater Swiftness when Goods are Perishable in Nature: Gujarat HC Orders Provisional Release of Kiwi Fruits [Read Order]")