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Turning his threat into action and reality, US President Donald Trump on Saturday announced sweeping tariffs on several European countries, including Denmark, escalating tensions over Greenland and framing the move as a matter of global security.
Day-2 of 30-Day Series on the Customs Act 1962 and FTP 2023 by CA Navjot Singh.
The CESTAT, Chennai in M/s. Asus India Private Limited v. Commissioner of Customs held that, gaming laptops are classifiable under Customs Tariff Heading 8471 as “Automatic data processing machines” even though it is being marketed as a gaming computer that is capable of running high end graphic intensive games.
The first schedule to the Customs Tariff Act, 1975 as effective from 01.05.2022 including the changes introduced vide Finance Act, 2022 is being published by Tariff Unit, Customs Policy Wing, North Block, Central Boar of Indirect Taxes and Customs. Since…
