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View: Ahead of Budget, here's what India Inc wants on Customs front

Indias Interim Budget 2024 is expected to focus on improving the quality of trade facilitative environment, fostering domestic manufacturing, and expanding the greater value chain (GVC). The country has made significant progress in streamlining cargo clearance processes, but the actual performance has fallen short of average release time targets, experts say.
Vijay Singh Chauhan Sab Ka Vishwas World Trade Organization Facilitation Agreement Deloitte Touche Tohmatsu India Organization For Economic Cooperation National Time Release Study

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Re-Sellers Of Machine Adopted Same Classification As Seller: Kerala High Court Quashes Penalty Under KVAT Act

The Kerala High Court has quashed the penalty under the Kerala Value Added Tax (KVAT) Act and held that re-sellers of machines have not wilfully classified machines under the wrong head and have...
Justice Dinesh Kumar Singh M Gopikrishnan Nambiar Kerala High Court Kerala Value Added Tax Digital Multifunctional Devices Third Schedule
Source: livelaw.in

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