Customs: Customs seeks to give effect to the first tranche of tariff concessions under India – New Zealand Free Trade Agreement. [Notification No. 32/2026-Customs dated 16.10.2026]
DGFT: The procedure for allocation of Tariff Rate Quotas (TRQ) under the IndiaNew Zealand Free Trade Agreement (lnd-NZ FTA) is notified. [Public Notice No. 33/2026-27 dated 17-10-2026]
DGFT: The deadline for raw sugar importers to return unused import quotas has been extended to November 15, 2026, subject to a 0.5% fee. [Public Notice No. 34/2026-27 dated 19-10-2026]
DGFT: The deadline for raw sugar importers to return unused import quotas has been extended to November 15, 2026, subject to a 0.5% fee. [Public Notice No. 34/2026-27 dated 19-10-2026]
DGFT: The timeline for duty-free import of 10 lakh MT of raw sugar under the TRQ is extended from 31.10.2026 to 31.12.2026. [Notification No. 45/2026-27 dated 19-10-2026]
DGFT: Stakeholders should exercise heightened caution and conduct due diligence before trading with M/s Julfikar Fashions Limited, Mirpur, Bangladesh, due to an unresolved trade dispute and lack of cooperation from the firm [Trade Notice No. 31/2026-27 dated 21-10-2026]
Income Tax: The CBDT has inserted Rule 281A in the Income-tax Rules, 2026, prescribing Form No. 173A for Foreign Institutional Investors and the Bank for International Settlements to claim exemptions on interest and capital gains from Government securities under Schedule IV (Table: Sl. Nos. 13D and 13E) of the Income-tax Act, 2025 [Notification No. 137/2026 …
Income Tax: The CBDT has notified nil TDS under section 393 of the Income-tax Act, 2025 on interest paid by the New Development Bank (NDB) to holders of its Maharajah INR Bonds who are residents or Foreign Institutional Investors under section 210(6). NDB must furnish the prescribed information under Schedule VII to the Act. The …
GST: Taxpayers with a ₹5 crore+ turnover can now test generating official e-invoice numbers (IRNs) for self-invoices on reverse-charge purchases from unregistered suppliers and foreign services. The scope, applicability and effective date of implementation is yet to be notified by the government. [GSTN Advisory dated 16-10-2026]
Departmental Appeal Held Non-Maintainable for Failure to Meet the Prescribed Monetary Threshold under Section 120 of the CGST Act{ Sandeep Tiwari vs. Ankita Gupta [2026] 191 taxmann.com 236 (GSTAT – GHAZIABAD)} Facts The Department filed an appeal before the Goods and Services Tax Appellate Tribunal (GSTAT), Ghaziabad, challenging an order passed by the First Appellate …
Income Tax: The CBDT has notified the Protocol amending the India-Mauritius Double Taxation Avoidance Agreement (DTAA), signed on March 07, 2024, under section 159(1) of the Income-tax Act, 2025. The Protocol inserts a new Article 27B on Entitlement to Benefits, which denies treaty benefits where obtaining them was one of the principal purposes of an …
Customs: CBIC has added Mandalgarh, Bhilwara, Rajasthan as a new Customs station for unloading imported goods and loading export goods. [Notification No. 83/2026- Customs (N.T.) dated 14.10.2026]
Legal Chamber : Classification Turns on the Form of the Goods at the Time of Sale: Supreme Court on “Beverage” vs Powder
Legal Chamber : Blocked Credit under Section 17(5): No Evidence, No ITC.
Legal Chamber : GSTAT Bengaluru: A Pending Title Dispute Alone Cannot Block Adding a Godown to GST Registration.
GST: The GSTN has released FAQs in relation to recommendations of the 57th GST Council Meeting. [GSTN Update dated 13.10.2026]
GST: Annual Returns in the form of GSTR-9/9C for FY 2025-26 have been enabled on the GST portal from 8th October 2026. [GSTN Update dated 13.10.2026]
Customs: The Customs Tariff (Determination of Origin of Goods under the Free Trade Agreement between India and New Zealand) Rules, 2026 have been notified. [Notification No. 82/2026 -Customs (N.T.) dated 12.10.2026]
DGFT: The Minimum Import Price (MIP) condition on the import of Glufosinate and its salts falling under HS Codes 38089193, 38089199, 38089361, 38089391, 38089399, 38089912, 38089991 and 38089999 of Chapter 38 of Schedule I (Import Policy) of ITC (HS) 2022, imposed vide Notification No. 10/2026-27 dated 13.04.2026 stands extended till 12.04.2027. [Notification No. 43/2026-27 dated …
DGFT: The export policy of Prepared Culture Media under ITC(HS) Code 38210000 has been amended to enable issuance of Shipment Clearance Certificate and Health Certificate, wherever required or mandated by the importing country. [Notification No. 44/2026-27 dated 12.10.2026]
