CBIC notifies New Customs Tariff Values for Palm Oil, Gold, Silver, and Areca Nuts [Read Notification]
The Central Board of Indirect Taxes & Customs ( CBIC ), under the Ministry of Finance, vide notification no. 17/2024-CUSTOMS (N.T.) has notified...
![Central Govt Exempts 5% GST on Ocean Freight Imports w.e.f. October 1st [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/09/Financial-Hardship-Reason-to-Avoid-Payment-of-Service-Tax-CESTAT-upholds-Service-Tax-Demand-under-BAS-TAXSCAN.jpg "Central Govt Exempts 5% GST on Ocean Freight Imports w.e.f. October 1st [Read Notification]")
DGFT initiates Suo Moto Anti Dumping Investigation on Imports of Fasteners from China PR [Read Notification]
The Directorate General of Foreign Trade (DGFT) vide Case No. AD-OI (15/2023) and notification no. F. No. 6/16/2023-DGTR has initiated the suo moto anti-dumping investigation on the imports of...
MFN duties of 50% and 100% to US Apples and walnuts still applies as only additional 20% duty is removed; No Negative Impact on Economy: Centre Clarifies
In June 2023, a decision was reached to settle six ongoing World Trade Organization (WTO) disputes between the United States and India through mutually agreed solutions. As a result of this decision,...
Ocean Freight not subject to Service Tax under RCM in case of CIF Imports: Supreme Court [Read Judgement]
In a recent ruling, the Supreme Court bench comprising Justice B.V. Nagarathna and Justice Ujjal Bhuyan, has dismissed the revenue's appeal and declared that there is no service tax under Reverse...
![Ocean Freight not subject to Service Tax under RCM in case of CIF Imports: Supreme Court [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2023/09/Ocean-Freight-Service-Tax-RCM-CIF-Imports-Supreme-Court-Service-Tax-under-RCM-taxscan.jpg "Ocean Freight not subject to Service Tax under RCM in case of CIF Imports: Supreme Court [Read Judgement]")
DGFT releases Final Finding of Investigation on Anti-Dumping Duty on Flax Yarn Imports of below 70 lea count from China PR [Read Notification]
The Directorate General of Foreign Trade (DGFT) notified the final findings of the Investigation of anti-dumping duty on import of flax yarns below 70 lea count originating or exported from China PR....
