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CUSTOMS DUTY LITIGATION ISSUES
Govt waives customs overtime charges for cruise passengersInternational cruise passengers will no longer pay merchant overtime charges for customs clearance. This decision aims to boost cruise tour...- Five reforms India needs before the next shockIndia faces economic vulnerabilities from external crises. Five reforms are proposed to build resilience. These include reducing gold and c...
- FEMA probe against Apollo Hospitals, 5 directors closed after compounding order: EDA foreign exchange violation case against Apollo Hospitals and five directors has been terminated. The Reserve Bank of India issued a compo...
- India takes the shine off silver as imports plunge 82% in May after duty hikeMay witnessed a steep decline of over 81% in India's silver imports, a result of the government's recent moves to hike import duties and re...
- Sebi eases winding-up norms for AIFs, introduces 'inoperative fund' frameworkSebi has introduced a new framework allowing Alternative Investment Funds (AIFs) to retain liquidation proceeds beyond their fund life unde...
- India’s gold hunger stays unshaken as higher duties fail to close the import floodgatesIndia's insatiable thirst for gold remains resilient even in the face of increased import duties. Prior to the tax increase, there was a no...
- India hikes diesel, ATF export levies from June 16India has increased the windfall tax on diesel and aviation fuel exports. The special additional excise duty on diesel exports will now be ...
- Delhi man's new 3-ton AC fails to cool; consumer court orders full refund plus Rs 25,000 compensationA Delhi consumer court has ordered Fujitsu General India to refund Rs 1.14 lakh to a customer whose 3-ton split AC failed to provide adequa...
- US district court rejects patent claims against Hexaware TechnologiesA US district court dismissed patent infringement claims against Hexaware Technologies, ruling that Natsoft Corporation's asserted patents ...
- Organised jewellers seen sustaining growth despite 80% surge in gold prices: NuvamaIndia's jewellery sector anticipates strong growth. Weddings and festivals are driving demand, even with high gold prices. Retailers report...
- Corporate affairs secy exhorts insolvency professionals to fast-track resolutionCorporate affairs secretary Deepti Gaur Mukerjee urged insolvency professionals to "push boundaries of corporate turnaround" to rescue dist...
- Call to extend duty cuts on critical inputs soonIndia is set to decide on extending customs duty relief for critical raw material imports beyond June 30. An inter-ministerial panel will r...
- India grants retrospective custom duty relief on imports of select nuclear power generation equipmentIndia has granted retrospective customs duty relief on specified nuclear power generation equipment imported between April 1, 2019 and Janu...
- US refunds $22 billion in first repayments of Trump's tariffs in MayUS authorities have begun refunding billions in customs duties. This follows a Supreme Court decision invalidating President Donald Trump's...
- Govt extends anti-dumping duty on aluminium foil imported from China & 3 other nations till DecemberIndia has extended anti-dumping duties on aluminium foil imports. The measure will remain in effect until December 15, 2026. This decision ...
- Commerce ministry raises anti-dumping duty rejection issue at 'highest level'The Commerce Ministry is escalating concerns about the Finance Ministry's increasing rejection of anti-dumping duty recommendations. This t...
- Central Bank of India ordered to pay Rs 2.5 lakh compensation to customer for losing original property papersA consumer commission held the Central Bank of India liable for losing a land title deed deposited as collateral for an agricultural loan. ...
- India's biggest trade bet comes with six red flagsIndia may be adding more trade partners, but its latest FTA report card comes with several red marks. A new study by the Global Trade Resea...
- 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...
- Don't allow hiding under forgetting: Why Delhi HC's 'right to be forgotten' ruling raises serious concernsA recent Delhi High Court ruling grants acquitted individuals a 'right to be forgotten'. Their names will be removed from online search res...
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