Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
06/09/20264 min read
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Informative
CBIC imposes Conditional 10% BCD Rate on Laboratory Chemicals
Excise, VAT & CustomFinancial ManagementPSU's AND Govt. Undertakings
The Central Board of Indirect Taxes and Customs (CBIC) has imposed a conditional 10% Basic Customs Duty (BCD) rate on the import of laboratory chemicals. This measure is intended to regulate the import of such chemicals, balancing domestic industry protection with scientific research needs. The conditional rate aims to ensure that imports are necessary and justified, preventing misuse while supporting local manufacturing.
