CESTAT Delhi held that FOB value is the transaction value and customs officer has no right to interfere/ modify the FOB value of the goods. Thus, appeal of exporter’s allowed and order set aside.

CHENNAI: Public sector Indian Bank has received a notice of demand from the assessment unit of the income tax department for Rs 873 crore.It pertains to the AY 2017-18 regarding certain disallowances, ...

A breach of privilege notice was moved against stand-up comedian Kunal Kamra in the Maharashtra legislative council on Wednesday over his parody song targeting deputy Chief Minister Eknath Shinde.

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