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Self-declaration to ease biz
Mint Kolkata
|February 04, 2025
The amendment enables businesses to self-assess tax obligations and make corrections in case of errors
The Centre has introduced a major simplification to customs procedures through an amendment in the Finance Bill 2025, aimed at enhancing ease of doing business for importers and exporters. The reform allows businesses to voluntarily revise customs declarations after clearance—either to pay additional duty or claim refunds—without undergoing time-consuming appeal processes.
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FLERE HISTORIER FRA Mint Kolkata
Mint Kolkata
Aditya Birla Global back in iron ore business
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Mint Kolkata
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Parvathy Baul sings songs of liberation
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Mint Kolkata
Refiners asked to pump more gas; India gets Russia oil relief
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3 mins
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Mint Kolkata
War, what is it good for?
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4 mins
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Mint Kolkata
Oil shock looms, but India's inflation shield likely to hold
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3 mins
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