Ammunition, Explosives, and Hazardous Goods are liable to Confiscation under Section 110 in the Customs Act, 1962: CBIC [Read Notification]

The Central Board of Indirect Taxes and Customs (CBIC) notified the insertion of the words Ammunition, Explosives, and Hazardous Goods to the notification No. 31/86-Cus, dated the 5th February, 1986. The Board empowered under section 110 (1A) of the Customs Act, 1962 further amended the notification No. 31/86-Cus, dated the 5th February,1986. In the opening […]

from Taxscan | Simplifying Tax Laws https://ift.tt/2H9Rz4D