NCLT: Suspended Directors Who are Prospective Resolution Applicants Cann’t Access Valuation Reports || Supreme Court Clarifies Test For Granting Bail to Accused Added at Trial under Section 319 CrPC || SC: Fresh Notification For Vijayawada ACB Police Station not Required After AP Bifurcation || SC: Studying in a Government Institute Does Not Create an Automatic Right to a Government Job || NCLT Mumbai: CIRP Claims Cannot Invoke the 12-Year Limitation Period For Enforcing Mortgage Rights || NCLAT: Misnaming Guarantor as 'Director' in SARFAESI Notice Doesn't Void Guarantee Invocation || Jharkhand HC: Mere Breach of Compromise Terms by an Accused Does Not Justify Bail Cancellation || Cal HC: Banks Cannot Freeze a Company's Accounts Solely Due To ROC Labeling a 'Management Dispute' || Rajasthan HC: Father’s Rape of His Daughter Transcends Ordinary Crime; Victim’s Testimony Suffices || Delhi HC: Judge Who Reserved Judgment Must Deliver Verdict Despite Transfer; Successor Can't Rehear

Central Board of Indirect Taxes and Customs exempts the deposits pertaining to all classes of persons and all categories of goods, from the provisions of section 51A of the Customs Act, 1962- (Ministry of Finance ) (31 May 2022)

MANU/CUSN/0050/2022

Goods and Services Tax

1. In exercise of the powers conferred by sub-section (4) of section 51A of the Customs Act, 1962 (52 of 1962), the Central Board of Indirect Taxes and Customs on being satisfied that it is necessary and expedient so to do, hereby exempts the deposits pertaining to all classes of persons and all categories of goods, from the provisions of the said section 51A.

2. This notification shall come into force with effect from the 1st June, 2022 and shall be effective upto the 29th of November 2022.

Tags : EXEMPTION DEPOSITS GOODS

Share :