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CUSTOMS DUTY LITIGATION
Customer wins Rs 15,000 compensation after restaurant collects Rs 151 service charge as ‘staff contribution’; Consumer Commission orderA man has won Rs 15,000 compensation after a Jalandhar restaurant charged him Rs 151.53 as service charge. The Consumer Commission ruled th...- US Customs’ $166 billion tariff refund plan faces court fight over who gets access to payoutsA government official testifies today in federal court. This concerns billions of dollars in import taxes. The Supreme Court ruled these ta...
- At Big 4 firms, AI is starting to reshape the tax professionMajor accounting firms in India are embracing artificial intelligence for tax services. AI is automating routine tasks, research, and draft...
- Trump moves to block wider tariff refunds, appeals order covering all importersIn a landmark Supreme Court ruling, businesses are cashing in on refunds for import tariffs. Yet, the Trump administration intends to chall...
- 'Curb unfair practices by drivers': Court orders Ola to pay Rs 50,000 to passenger driven 25 km away from destinationA consumer court in Andhra Pradesh held Ola responsible after a driver stranded a woman en route to a judicial exam. The platform was order...
- Tax vs Customs: Why MNCs face a growing valuation and compliance battleMNCs face rising conflict between tax and customs rules on related-party pricing, as India’s tighter digital scrutiny raises compliance ris...
- Goods moved from SEZs to domestic markets treated as imports; duty drawback applicable on re-exportsNew Delhi has clarified a key point for exporters. Goods moved from SEZ units to the domestic market, after paying duties, will now be cons...
- GST 2.0 Inverted duty structure hurts FMCG, Pharma: Expert flags concernsIndian enterprises are navigating challenges posed by the Goods and Services Tax. The inverted duty scenario is particularly affecting FMCG...
- Budget 2026: India Inc seeks GST-style simplification in customs duty structureAs Budget 2026 discussions ramp up, Indian businesses are gearing up for transformative shifts in customs duties. They are advocating for a...
- Over Rs 1.52 lakh cr locked in Customs disputes; govt may look at amnesty scheme in FY27 BudgetPrice Waterhouse & Co suggests the government consider an amnesty scheme in the 2026-27 Budget to resolve over Rs 1.52 lakh crore in custom...
- Budget 2026: Fewer customs duty slabs, simplified tariff structure soonUnion Budget: India plans to simplify its customs duty structure. The government is considering reducing the number of duty slabs to five o...
- Budget 2026: CII pitches lower import duties, 'trust-led' tax system, and more to Sitharaman & CoUnion Budget 2026: The Confederation of Indian Industry (CII) has presented its economic roadmap to Finance Minister Nirmala Sitharaman. Ke...
- Centre announces interim boards for Customs Central Excise Settlement CommissionTo expedite dispute resolution for pending central excise cases, the centre has established four Interim Boards in Delhi, Chennai, Mumbai, ...
- Budget FY26: Govt could cut customs duty on raw materials to boost manufacturingUnion Budget: The government could lower customs duties on raw materials for sectors like medical equipment, electronics, and footwear in t...
- Budget 2025: Amnesty Scheme for customs may be announced to reduce litigation, say expertsFinance Minister Nirmala Sitharaman may announce an Amnesty Scheme for customs in the upcoming Budget to reduce litigation and foster ease ...
- View: Ahead of Budget, here's what India Inc wants on Customs frontIndia's Interim Budget 2024 is expected to focus on improving the quality of trade facilitative environment, fostering domestic manufacturi...
- Budget 2023: To promote ‘Make in India’ govt may hike customs duties on imports in select sectorsLooking at the state of global economy in the last one year, it is expected that the Government will take steps towards reducing India’s de...
- Freeze import duties for next five years; cut customs levy slabs to 5: GTRI to GovtThe Global Trade Research Initiative (GTRI) also suggested retaining import duty on components; removal of inverted duty issues; and reduct...
- Mobile handset assembly imports to attract 15% duty, 10% for display onlyImport of display assembly of cellular mobile phones along with back-support frames will attract a basic customs duty (BCD) of 10%, the Cen...
- Customs to hold consultation with assessees before issuing noticeThe assessee who is liable to pay customs duty or interest would be given 15 days time to respond to the communication and submit his respo...
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