Allahabad HC: Victim Compensation under POCSO Act Cannot be Withheld For Lack of Injury Report  ||  MP HC: Diverting Goods From Delivery Point is Misappropriation under S.407 IPC  ||  Delhi HC: Bar Associations are Not ‘State’ under Article 12 as They Do Not Perform Public Functions  ||  Delhi HC: Pending Probate Proceedings Do Not Prevent Filing FIR For Alleged Will Forgery  ||  Ker HC: Dismissal For Default Alone Cannot Justify Rejecting Restoration Plea For Lack of Vigilance  ||  SC: Disclosure Statements Alone Cannot Secure Conviction Without a Complete Chain of Evidence  ||  Supreme Court Orders Reporting of Student Suicides and Bans Denial of Classes or Exams  ||  SC: Govt Can Exclude Overqualified Candidates From Posts Requiring Lower Qualifications  ||  SC: Contracts to Hire Global Speakers For Media Summits are Not Taxable as Event Management Services  ||  SC: Mandatory Injunction Suit Alone is Not Maintainable When Plaintiff’s Title is Disputed    

CBIC Amends Notification Prescribing Effective Rate of Duty on Goods - (05 Apr 2021)

CUSTOMS

Central Board of Indirect Taxes and Customs (CBIC) has amended the notification which seeks to prescribe effective rate of duty on goods consequent to enactment of Finance Act, 2021. The Board has notified that for Petroleum crude the standard rate of duty will be Re 1 per tonne and in case of all goods the standard rate will be nil. The notification shall come into force on the 1st April, 2021.

Tags : CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS   EFFECTIVE RATE OF DUTY ON GOODS  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved