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IMPORT MISCLASSIFICATION INDIA
How priority dates and cross-chargeability affect your Green Card timelineIndian nationals working in the U.S. often face long waits for green cards due to visa quotas. A priority date determines one's place in li...- Voltas gets Rs 23.52 crore customs demand over import misclassificationCustoms authorities have issued a Rs 23.52 crore demand notice to air-condition maker Voltas. This action follows allegations of mis-classi...
- Bombay HC stays GST demands on co-insurance premiumsThe Bombay High Court has granted interim relief to several insurance companies by staying GST demands on co-insurance premiums and ceding ...
- CBIC launches vigilance probe against Chennai customs officialsThe CBIC has launched a vigilance investigation into allegations of irregularities by Chennai-based importer M/s Wintrack Inc against Chenn...
- India probes Adani Defence for tax evasion on missile parts imports, sources sayIndian authorities are investigating Adani Defence, a unit of Adani Enterprises, for allegedly evading $9 million in import taxes on compon...
- GST Council decisions to spur tech exports, enhance ease of biz: NasscomNasscom welcomed GST Council’s September 3, 2025 decisions, calling them a boost for IT services and ecommerce. Measures include easing com...
- Samsung India executives seek to quash $81 million penalty over tax evasionSeven Samsung India executives are contesting penalties linked to a $601 million tax demand. They argue against the severity of the alleged...
- Samsung fights $520 million India tax demand, points to Reliance practiceSamsung is contesting a substantial tax demand in India. The company is accused of misclassifying imported networking equipment. Samsung ar...
- India singles out VW in $1.4 billion tax dispute, says Kia corrected courseIndian tax authorities have accused Volkswagen of evading $1.4 billion in taxes by misclassifying car imports for 12 years. The court battl...
- Kia contests $14 million India tax demand for wrongly using trade treaty exemptionsKia is challenging a $14 million Indian tax demand over claims it wrongly used free trade agreements for lower tariffs on electronic car pa...
- India to reassess gold import data amid calculation errors, double-counting concernsIndia's import data since July is under scrutiny due to a potential miscalculation in gold imports. A transition in data portals may have l...
- DRI conducts search operation at Havells India corporate officeThe Directorate of Revenue Intelligence (DRI) conducted a search operation at the corporate office of Havells India, a major electrical goo...
- CAG Murmu says there is need to distinguish between justifiable subsidies and freebiesThe Comptroller & Auditor General of India, Girish Chandra Murmu, has advised states to meet their capital expenditure from their own reven...
- New Foreign Trade Policy likely to include a chapter on ecommerce exportsThe commerce and industry ministry is drawing up the FTP 2021-26, which is likely to be released on April 1 and is expected to have separat...
- About 2 lakh jobs lost due dumping of Chinese solar panel: Parliament PanelIndia was one of the major exporters of solar products between 2006-2011 before China started dumping their products at the cost of Indian ...
- On-demand labour model shows first signs of flounderingThe on-demand labour model is all but flourishing in India. And yet, the touted model is showing its first signs of floundering where it al...
- Soon 100 per cent foreign direct investment in medical devicesThe proposal on medical devices will be a carve-out of the FDI policy in pharmaceuticals, said an official.
- National Food Security Act a landmark legislation, says IMFThe Food Security Act (FSA) proposes to cover up to 75 per cent of the rural population and up to 50 per cent of the urban population.
- DRI detects duty evasion of Rs 600 crore on coal imports in GujaratAs per DRI officials, tax recovery from all coal importers in the state has begun and over Rs 100 crore has been realised so far.
- Rupee crashes to new low as investors rush for dollar coverWith fears of tightening liquidity for US dollars in the international markets, importers — mainly oil companies — rushed to raise funds, a...
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