CBIC notifies updated Customs Tariff Value of Palm Oil, Gold, Silver and Areca Nuts w.e.f. 16th Feb [Read Notification]
The Central Board of Indirect Taxes & Customs ( CBIC ), under the Ministry of Finance, vide notification no. 12/2024-CUSTOMS ( N.T. ) has...
![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]")
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....
DGFT notifies initiation of Anti-Dumping Investigation on imports of Isobutylene-Isoprene Rubber from China PR, Russia, Saudi Arabia, Singapore and USA [Read Notification]
The Directorate General of Foreign Trade (DGFT) has notified the initiation of an anti-dumping investigation on the imports of Isobutylene-Isoprene rubber originating in or exported from China PR,...
CBI arrests two Ex-Dy. Commissioners of Customs for importing items using Passport of various persons stayed abroad with their imports
The two former Deputy Commissioners of Customs stationed at UB Centre, JNCH in Mumbai, Maharashtra, have been apprehended by the Central Bureau of Investigation (CBI) in connection with two distinct...
DGFT notifies Final Findings of Investigation on Circumvention via Malaysia of Anti-Dumping Duty on Imports of ‘Fishing Net’ from China PR [Read Notification]
The Directorate General of Foreign Trade (DGFT) notified the final findings of the anti-circumventing investigation on alleged circumvention via Malaysia of anti-dumping duty imposed on the import of...
![DGFT notifies Final Findings of Investigation on Circumvention via Malaysia of Anti-Dumping Duty on Imports of ‘Fishing Net’ from China PR [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/06/DGFT-notifies-final-findings-of-investigation-DGFT-final-findings-of-investigation-investigation-final-findings-Circumvention-via-Malaysia-taxscan.jpg "DGFT notifies Final Findings of Investigation on Circumvention via Malaysia of Anti-Dumping Duty on Imports of ‘Fishing Net’ from China PR [Read Notification]")