Increased Monetary Limits in appeal cases as per CBIC Circular: Supreme Court dismisses Customs Appeal by Revenue for low tax effect [Read Order]

By Manu Sharma - On November 18, 2023 11:15 am - 2 mins read
Increased Monetary - CBIC Circular-Supreme Court - Customs Appeal - Revenue - low tax effect-TAXSCAN

The Supreme Court has recently dismissed a customs appeal pending before it in light of the Central Board of Indirect Taxes and Customs (CBIC) circular dated 02.11.2023 issued by the Ministry of Finance regarding increased monetary limits. Arijit Prasad, appearing for the appellant-Department submitted that in view of the circular dated 02.11.2023 issued by Ministry…

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