Parliament passes Provisional Collection of Taxes Bill, 2023 for Immediate Customs and Excise Duty Changes

Last updated: 22 December 2023

In a significant legislative move, Parliament approved the Provisional Collection of Taxes Bill, 2023 on Wednesday, ushering in a mechanism for the provisional enforcement of changes in customs and excise duties as outlined in the Budget, effective from midnight. The bill, introduced by Finance Mini

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