CBIC notifies amendment of Tariff Rates of Oil, Palmolein Gold and Silver [Read Notification]
The Central Government has amended the Customs Tariff Value of certain goods including Palm oil, gold, silver, areca nuts ..etc vide notification no....
![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]
The Mumbai bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has held that penalty and redemption fines cannot be imposed when the bill of entry has been finally assessed at...
![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]")
