Supreme Court: After the BNSS, a Pre-Cognizance Hearing is Mandatory in PMLA Cases  ||  SC: Landowners Cannot be Forced to Waive Statutory Compensation to Claim Other Benefits  ||  Supreme Court: Banks are Lenient With Big Borrowers But Strict With Ordinary Loan Applicants  ||  Delhi HC: Minimum Wages During Pending Litigation Cannot be Frozen and Must be Updated Periodically  ||  Kerala HC: ICC Can Probe Sexual Harassment Complaint Against a Director Not Controlling Affairs  ||  Delhi HC: Interim Protection From Blacklisting Does Not Remove Bidder’s Duty to Disclose in Tenders  ||  Allahabad HC: After the BNSS, Pre-Cognizance Hearing of the Accused is Mandatory in NDPS Complaints  ||  Delhi HC: Husband Cannot Avoid Maintenance For Wife and Children by Claiming Irregular Income  ||  SC: Repeated Anticipatory Bail Pleas Abuse Process and Reduce Litigation to a Gamble  ||  Supreme Court: State Officers Cannot Back Litigants Through Affidavits Against the Law    

#Union Budget 2022-2023:Overview of Changes in Custom Duties and Regime - (01 Feb 2022)

CUSTOMS

Union Budget proposes to apply a moderate customs tariff of 7.5%.Custom duty on cut and polished diamond reduced to 5%.Custom duty on imitation jewellery duty and critical chemicals reduced. Duty is being raised on Sodium Cyanide. Duty on umbrellas raised to 20% with exemption to parts of umbrellas being withdrawn. Steel scrap duty extended for another year. Anti-dumping on stainless steel are being revoked. Duty reduced on shrimp aquaculture.

Tags : UNION BUDGET   CUSTOM DUTIES  

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