Home Highlights April 2018 Year 2018 This

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1. Disallowance of depreciation on Edible Oil Brand - NIL value at the time of merger - Assessee can transfer a unit or a division of an undertaking or a business activity...

2. Classification of goods - rate of tax - “Perfumed Deepam Oil” - The process of addition of perfume to the edible oil or mixture of two or three edible oils converts the...

3. Amendment in Export Policy of Onions - The Export of all varieties of Onions, as described above, has been made “Free” with effect from 01.01.2021 - Notification

4. Excisability - Conversion of imported oil into edible oil - As far the report, the imported oil can never be converted into edible oil and the said report defaces the...

5. Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver - Notification

6. Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver - Notification

7. Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver - Notification

8. Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver - Notification

9. Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver - Notification

10. Govt. revises the tariff values for import of certain goods including edible oils like crude palm oil, RBD palm oil, crude palmolein, RBD palmolein, crude soyabean oil,...

11. Export Policy of Onions- Imposition of Minimum Export Price (MEP)

12. Export Policy of Onions- Imposition of Minimum Export Price (MEP) - Notification

13. Export Policy of Onions- Imposition of Minimum Export Price (MEP) - Notification

14. Prohibition of Benami Property Transactions (Removal of Difficulties) Second Order, 2018

15. This notification amends the export policy condition for cough syrup under Chapter 30 of Schedule-II (Export Policy) of ITC (HS) 2022. The existing policy mandated...