These Chartered Accountants Submit Key Recommendations on RBI’s Draft FEMA Trade Regulations 2025
In response to the Reserve Bank of India's (RBI) recent release of the Draft Foreign Exchange Management (Export and...

Delhi High Court Directs Lifting Of Blocked ITC Held Beyond 1 Year
The Delhi High Court has held that the credit ledger cannot be blocked beyond the period of one year, as stipulated...

Adjournment On Medical Grounds Must Be Considered Empathetically By GST Dept.: Delhi High Court
The Delhi High Court has held that the adjournment on medical grounds must be considered empathetically by the Goods and...

No Detention Charges For Good Detained By Customs For Verifying Entries: Calcutta High Court
The Calcutta High Court has held that the authorized carrier shall not demand any container detention charges for the...

CBIC Notifies Grievance Redressal Mechanism For Processing Of Application For GST Registration
The Central Board of Indirect Taxes (CBIC) has notified the Grievance Redressal Mechanism for processing of application...

No GST On Curd, Rice, and Tea
In a major move to ease the financial burden on everyday consumers, the Government of India has announced a complete tax...

Govt. Boosts MSMEs With New GST Policy Reforms: QRMP Scheme and Late Fee Relief Introduced
The Indian government introduces GST reforms to support MSMEs, including the QRMP scheme and rationalized late fee caps....

Cigarette Smuggling: CESTAT Reduces Penalty Against Passengers Under Customs Act
The Mumbai Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has reduced the penalty against...

Supreme Court Rejects JSW Steel's Resolution Plan for Bhushan Power & Steel, Orders Liquidation
In a major setback for JSW Steel, the Supreme Court on Friday rejected its resolution plan for Bhushan Power and Steel...

Diversion For 460 KL HSD: CESTAT Upholds Penalty Against Business Development Associate & Quashes Penalty Against Customs Broker
The Ahmedabad Bench of Customs, Excise and Service Tax Appellate (CESTAT) has upholds Rs. 2 lakhs penalty against...

Customs Act | Pre-Deposit To Be Refunded Without Raising Issue Of Limitation: CESTAT
The Ahmedabad Bench of Customs, Excise and Service Tax Appellate (CESTAT) has held that pre-deposit is to be refunded...

GSTN Biometric Aadhaar Verification Goes LIVE Pan India — Slot Booking Now Open
In a landmark move aimed at tightening compliance and enhancing ease of doing business, the Goods and Services Tax...
