SC Condemns Witch-Hunting, Says Superstition Continues to Override Constitutional Morality  ||  SC: Retired Judges Appointed to Central Industrial Tribunals Not Entitled to Pay Parity  ||  SC: Electricity Boards Liable for Electrocution Deaths under Strict, Not Absolute Liability  ||  Supreme Court Criticizes Courts For Conducting ‘Mini-Trials’ in Temporary Injunction Matters  ||  SC: Common Judgment in Suits by Same Plaintiff can be Challenged Through Composite Appeal  ||  Chandigarh Court Orders Meta to Take Down AI-Generated Video of Punjab MLA Sukhpal Khaira  ||  Delhi HC: Insolvency Professionals Must Collect & Deposit GST Even if they are Advocates  ||  Madras HC Rejects Election Petition Challenging Colachel MLA Tharahai Cuthbert  ||  Supreme Court: Uncrystallized Contractual Damages Not an Operational Debt under Section 9 IBC  ||  Supreme Court: Interest Accrued in Suspense Account After NPA Classification is Recoverable as Debt    

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