Patna HC: Disciplinary Authority Cannot Impose Major and Minor Penalties in a Single Order  ||  Calcutta HC: Landlord Decides His Residential Needs; Courts Cannot Set Living Standards in Eviction  ||  Orissa HC: Second Marriage During Subsistence of First Remains Invalid Even After First Wife's Death  ||  Karnataka HC: Appeals Against Acquittal in Bailable Offences Lie Only Before High Court  ||  Supreme Court: Stamp Duty on an Agreement to Sell is Leviable Only if Possession is Transferred  ||  SC: Motive Becomes Irrelevant When Direct Evidence Such as a Dying Declaration is Available  ||  Supreme Court Issues Directions to CoC in Builder Insolvency Cases To Protect Homebuyers’ Interests  ||  MP High Court: Women Retain Reservation Benefits After Marriage if Caste is Recognized in Both States  ||  Allahabad HC: Police Must Prosecute Informants of False Firs, and IOs May Face Contempt if They Fail  ||  MP HP: Over-Age Candidate Cannot Claim Age Relaxation Due to Delay in Earlier Recruitment    

CBIC Notifies New Customs Audit Regulations, Rs. 50,000 Fine in Case of Default - (29 May 2018)

Central Board of Indirect Taxes and Customs (CBIC) has notified the Customs Audit Regulations, 2018 wherein the scope of ‘audit’ and the selection on risk evaluation has been widened to include examination or verification of declaration, record, entry, document, import or export license etc.

Tags : CUSTOMS   AUDIT REGULATIONS  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved