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CBIC Clarifies Drawback Eligibility on Re-Export of Duty Paid Goods Supplied From SEZ to DTA

The Central Board of Indirect Taxes and Customs (CBIC) has clarified that goods supplied...

ICAI Releases Draft Panel For Appointment Of Statutory Auditors For Co-Operative Banks For FY 2026-27

The Professional Development Committee of the Institute of Chartered Accountants of India (ICAI) has released the...

RBI Notifies Foreign Exchange Management (Authorised Persons) Regulations, 2026 

The Reserve Bank of India (RBI) has notified the Foreign Exchange Management (Authorised Persons)...

Bank Balance Reporting Now Mandatory In ITR-4 For AY 2026-27: CBDT

The Central Board of Direct Taxes has made bank balance reporting mandatory in ITR-4...

Tamil Nadu GST Dept. Transfers LTU Adjudication Powers To Deputy Commissioners For Intelligence Wing Inspections

The Tamil Nadu Commercial Taxes Department has issued a significant circular modifying the adjudication...

Govt Notifies FEMA (Non-Debt Instruments) Amendment Rules, 2026

The Central Government has notified the Foreign Exchange Management (Non-debt Instruments) (Amendment) Rules, 2026,...

CBIC Promotes IRS Officers to Commissioner Grade in 2026 Panel

The Central Board of Indirect Taxes and Customs (CBIC) under the Ministry of Finance...

GST Collections Rise to ₹2.42 Lakh Crore in April 2026, Registering 8.7% Growth; Import Revenues Drive Momentum

India’s Goods and Services Tax (GST) collections for April 2026 recorded a strong performance,...

Tariff Value Revised for Edible Oils, Precious Metals and Brass Scrap: CBIC Notifies Fresh Tables Under Customs Law

The Central Board of Indirect Taxes and Customs (CBIC) has issued Notification revising tariff...

Amends Multiple Exemption Notifications to Align Tariff Entries Across Sectors: FinMin

The Ministry of Finance has issued notification introducing wide-ranging amendments to several earlier customs...

Anti-Dumping Duty Amendments Notified: Govt. Revises Tariff Classifications Across Multiple Customs Notifications Effective May 1, 2026

The Ministry of Finance (Department of Revenue) has issued Notification amending multiple earlier notifications...

Customs (CVD) Notification Amended: Govt. Substitutes Tariff Entries for Certain Steel Pipes Effective May 1, 2026

The Central Government has issued Notification introducing a targeted amendment to the existing countervailing...

Latest articles

Missing Original Document Doesn’t Automatically Defeat Forgery Case: Supreme Court

The Supreme Court has held that the absence of an original document alleged to...

Contract Clause Bars Pre-Reference Interest on Delayed Payments: Supreme Court Sets Aside Part of Arbitration Award

A contractual clause that separately bars interest on delayed payments prevents an arbitral tribunal...

Customs Can’t Use Residual Penalty Provision After Confiscation Grounds Fail: Bombay High Court

The Bombay High Court has dismissed two appeals filed by the Commissioner of Customs...

Supreme Court Questions PILs in Tender Disputes, Allows Contractor to Complete PMGSY Road Project

The Supreme Court has observed that disputes involving the comparative evaluation of competing bidders...