Central Government Appoints Revenue Secretary IAS Sanjay Malhotra as RBI Governor
In a significant move, the Appointments Committee of the Cabinet ( ACC ) has approved the appointment of Shri Sanjay Malhotra as the new Governor for...
![Amendments to Income Tax Rules: New Safe Harbor Provisions for Raw Diamond Businesses [Read Notification]](https://www.taxscan.in/wp-content/uploads/2024/12/CBDT-notification-for-diamond-traders-Raw-diamond-trading-tax-Income-Tax-updates-taxscan.jpg "Amendments to Income Tax Rules: New Safe Harbor Provisions for Raw Diamond Businesses [Read Notification]")
Proceedings u/s 11A of Central Excise Act cannot be Initiated in Absence of any Deliberate or Willful Suppression: Gauhati HC [Read Order]
The Gauhati High Court held that proceedings under section 11A of Central Excise Act, 1944 cannot be initiated in absence of any deliberate or willful suppression or mis-statement of facts by the...
![Proceedings u/s 11A of Central Excise Act cannot be Initiated in Absence of any Deliberate or Willful Suppression: Gauhati HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/Excise-Central-Excise-Central-Excise-Act-Gauhati-High-Court-TAXSCAN.jpg "Proceedings u/s 11A of Central Excise Act cannot be Initiated in Absence of any Deliberate or Willful Suppression: Gauhati HC [Read Order]")
![CBIC updates Customs Tariff Value of Crude Palm Oil, Gold, Silver and Areca Nuts [Read Notification]](https://www.taxscan.in/wp-content/uploads/2024/11/CBIC-CBIC-updates-Areca-Nuts-Palm-Oil-Gold-Silver-Taxscan.jpg "CBIC updates Customs Tariff Value of Crude Palm Oil, Gold, Silver and Areca Nuts [Read Notification]")
Finance Ministry Reduces Excise Duty on Blended Aviation Fuel for UDAN Regional Connectivity Flights [Read Notification]
The Ministry of Finance, specifically the Department of Revenue, has issued Notification No. 27/2024-Central Excise, dated October 28, 2024. This notification has amended the excise duty rates on...
![Finance Ministry Reduces Excise Duty on Blended Aviation Fuel for UDAN Regional Connectivity Flights [Read Notification]](https://www.taxscan.in/wp-content/uploads/2024/10/Ministry-of-Finance-Finance-Ministry-excise-duty-reduction-aviation-fuel-excise-duty-Excise-duty-on-aviation-fuel-taxscan.jpg "Finance Ministry Reduces Excise Duty on Blended Aviation Fuel for UDAN Regional Connectivity Flights [Read Notification]")
Finance Ministry Announces Retrospective Duty-Free Import for Simply Sawn Diamonds [Read Notification]
The Central Board of Indirect Taxes and Customs ( CBIC ) under the Ministry of Finance has issued Notification No. 70/2024-Customs (N.T.) dated October 23, 2024, regarding the retrospective exemption...
"You are Treating the Judicial Staff as if they are Your Subordinates”: SC rebukes Finance Ministry for Asking DRTs to Collect Data [Read Judgement]
In a recent hearing of Superwhizz Professionals Private Limited, the Supreme Court expressed strong disapproval of the Finance Ministry's directive to collect data by the Debts Recovery Tribunals (...
