The Department of Revenue through notification dated the 10th September,2021 has amended notification 50/2017-Customs, dated the 30th June, 2017 and 11/2021-Customs, dated the 1st February, 2021. The notification provides revised threshold for cess imposed on certain goods. The Central Government, in the public interest, has exempted Crude Palm Oil from so much of the Agriculture Infrastructure and Development Cess leviable in excess of the amount calculated at the rate of 20%.
Fuel Gas Sector Declared Public Utility for 6 Months
Centre declares fuel gas services a public utility under ID Act for six months starting May 9, 2025, citing public interest and service continuity.