Search result for 'classification disputes'

Skoda Auto Volkswagen India sees potential benefits for the Indian auto industry despite opposing Trump's tariffs. The move could accelerate free trade agreements between India and the EU.

Tax experts predict reduced customs duty on raw materials in key sectors like electronics, healthcare, and footwear in the upcoming Budget to promote local manufacturing.

Price Waterhouse suggests India's 2025 Budget consider broader industry categories for customs duty to simplify rates and reduce disputes. They also advocate extending the 15% tax rate for new...

Revenue Secretary Sanjay Malhotra advises DRI officers to prioritize economy over revenue in tax notices, emphasizing a balanced approach to fraud cases. The department detected Rs 10,000 crore...

India's GST authorities have uncovered 10,700 fake companies involved in Rs 10,179 crore tax evasion. Aadhaar authentication is being implemented to combat fraud.

India's Revenue Secretary reveals plans to reduce customs duty rates from over 10 to 4-5, aiming to simplify trade, remove duty inversion, and reduce classification disputes.

India's Revenue Secretary expects average monthly GST collections to reach Rs 1.85 lakh crore in FY25, driven by a projected 11% growth. The government also extended the startup tax benefit...