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amlegals.com /1 month ago

Customs Duty Relief for SEZ Units: A Complete Guide to Notification 11/2026 and DTA Sales Strategy

Introduction On March 31, 2026, the Ministry of Finance released notification No. 11/2026-Customs dated 31st March 2026 (hereinafter referred to as the “Notification”) under Sectio...

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studycafe.in /1 month ago

ITAT Allows Actuarial Employee Benefit Provision; Deletes TDS-Based Disallowances

ITAT Allows Actuarial Employee Benefit Provision; Deletes TDS-Based Disallowances Tata Motors Body Solutions Ltd (formerly Tata Marcopolo) faced a tax headache for the 2017-18 asse...

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thehindubusinessline.com /6 days ago

Gold offered at ₹450/g discount to Indian consumers after import duty hike

The bullion trade is passing on the benefits of importing the yellow metal at lower duty to spur demand

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thehindubusinessline.com /6 days ago

Gold offered at ₹450/g discount to Indian consumers after import duty hike

The bullion trade is passing on the benefits of importing the yellow metal at lower duty to spur demand

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studycafe.in /1 month ago

Section 10B Benefit Restored; High Profit Allegation Not Sustainable: HC

Section 10B Benefit Restored; High Profit Allegation Not Sustainable: HC This case at the High Court level explores a common friction point in tax law: the line between a highly ef...

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studycafe.in /1 month ago

CBIC Clarifies Drawback Eligibility on Re-Export of SEZ-Sourced Goods

CBIC Clarifies Drawback Eligibility on Re-Export of SEZ-Sourced Goods The Central Board of Indirect Taxes and Customs (CBIC), through Instruction No. 06/2026-Customs dated 27 April...

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en.interfax.com.ua /1 month ago

Volume of customs benefits granted in March increased by 32%, with defense goods leading the way – Customs Service

The volume of customs duty exemptions for imported goods in March 2026 amounted to UAH 33 billion, which is 32.2% (or UAH 8 billion) more than in March of last year, the State Cust...

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timesofindia.indiatimes.com /4 weeks ago

Windfall gains tax cut: Excise duty on diesel exports down to Rs 23/litre, ATF exports to Rs 33/litre

In a statement, the Finance Ministry also announced that the road and infrastructure cess on diesel exports will be waived for the next fortnight starting May 1. Meanwhile, the exp...

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thehindubusinessline.com /1 month ago

Tax reform brings relief to armed forces, personnel to take home more under hardship allowance

The Income Tax Rules, 2026, effective from April 1 fixes decades-old anomalies in the old tax regime by removing outdated complex exemption limits

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studycafe.in /1 month ago

Actuarial Employee Benefit Claims Allowed; ITAT Deletes Large Expense Additions

Actuarial Employee Benefit Claims Allowed; ITAT Deletes Large Expense Additions Tata Motors Body Solutions Ltd (formerly Tata Marcopolo) faced a tax headache for the 2017–18 assess...

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thehindu.com /6 hours ago

Government exempts import duty on cotton till October 30

The duty exemption will help increase the availability of cotton for the Indian textile sector

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thehindubusinessline.com /2 weeks ago

Gold duty under India-UAE pact raised in line with standard rate hike

Gold import under specified quota to now attract duties of 14 per cent instead of 5 per cent; experts advise tighter origin rules to check misuse

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thehindubusinessline.com /1 month ago

Exporters keep fingers crossed on US duty refunds

The US Customs has opened an online portal on April 20 where US importers and authorised brokers must file claims with shipment data, tariff lines and proof of payment

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thehindubusinessline.com /1 month ago

Exporters keep fingers crossed on US duty refunds

The US Customs has opened an online portal on April 20 where US importers and authorised brokers must file claims with shipment data, tariff lines and proof of payment

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studycafe.in /1 month ago

Government Tightens Export Duties on Diesel and ATF to Boost Revenue and Domestic Supply

Government Tightens Export Duties on Diesel and ATF to Boost Revenue and Domestic Supply On Saturday, April 11, 2026, the central government increased export duties on domestically...

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studycafe.in /10 hours ago

Government Grants Temporary Customs Duty Exemption on Raw Cotton Imports

Government Grants Temporary Customs Duty Exemption on Raw Cotton Imports The Ministry of Finance, Government of India, has issued Notification No. 19/2026-Customs dated 30th May 20...

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