Search result for 'mis-classification'

CAG report reveals irregular MEIS and SEIS benefits under Foreign Trade Policy 2015-20, impacting revenue by Rs 725 crore.

Bajaj Auto faces Rs 34.74 cr tax demand for alleged misclassification of spare parts. Company to appeal the order in Uttarakhand.

FinMin orders enquiry into Wintrack Inc's allegations of harassment and corruption by Chennai Customs. Revenue dept to investigate.

GST reforms to inject Rs 2 lakh crore into the economy, boosting demand across sectors. New rates effective from September 22nd.

Nasscom hails GST Council decisions to spur tech exports, enhance ease of business, and boost e-commerce. Key changes detailed.

Delhi High Court seeks CBIC's response on a plea alleging misclassification of betel nuts for customs duty, resulting in duty evasion and financial loss to the government.

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...

FSSAI has directed e-commerce FBOs to reclassify proprietary food products being sold as health drinks on their websites, ensuring proper categorization for informed consumer choices. The regulator...

The Directorate of Revenue Intelligence (DRI) conducted a search at Havells India's headquarters over alleged misclassification of imported heating elements. The company says the impact is minimal.