2023 (11) TMI 579 - SCH - Customs

Monetary amount involved in the appeal - low tax effect - it is submitted that in view of the circular dated 02.11.2023 issued by Ministry of Finance, Department of Revenue Central Board of Indirect Taxes Customs, the monetary limit for matters before the Supreme Court has been raised to Rs.2 Crores even in the cases pertaining to indirect taxes and customs. HELD THAT - The appeal stands dismissed on account of the reason owing to law tax effect.

Summary

The Supreme Court dismissed the appeal due to the raised monetary limit of Rs.2 Crores for matters related to indirect taxes and customs, as per the circular dated 02.11.2023 by the Ministry of Finance.