Team Bizsol

Statutory canteen meal recoveries from workers not taxable as supply as activity mandated under Factories Act: AAR { Plantlipids (P.) Ltd., In re [2026] 189 taxmann.com 540 (AAR – KERALA} Facts Plantlipids Pvt. Ltd., a manufacturer with more than 590 workers, was statutorily required under Section 46 of the Factories Act, 1948 to maintain a …

Judicial Corner: Statutory canteen meal recoveries from workers not taxable as supply as activity mandated under Factories Act: AAR { Plantlipids (P.) Ltd., In re [2026] 189 taxmann.com 540 (AAR – KERALA}(21.08.2026) Read More »

Excise:  The Government has reduced Road and Infrastructure Cess (RIC) on diesel exports from ₹1.5 per litre to Nil, effective 15 August 2026. This means no RIC will be charged on high-speed diesel exported outside India from the effective date. (Notification No. 45/2026-Central Excise | Dated: 14 .08.2026)

Excise:  The Government has revised Special Additional Excise Duty (SAED) on ATF exports to ₹19.5 per litre from 15 August 2026. Earlier, the rate was ₹22 per litre. The revised rate will apply to Aviation Turbine Fuel (ATF) exported outside India from 15 August 2026. (Notification No. 44/2026-Central Excise | Dated: 14 .08.2026)

EXCISE The Government has removed Special Additional Excise Duty (SAED) on petrol exports from 15 August 2026. The SAED rate on petrol, which was earlier ₹3.5 per litre, is now Nil. The change applies only to petrol exports; diesel rates remain unchanged. (Notification No. 43/2026-Central Excise| Dated: 14 .08.2026)

DGFT: DGFT has changed the import rules for Clear Float Glass (4–12 mm) under HS Codes 70051090 and 70052990 from “Free” to “Restricted.” However, imports will remain “Free” where the CIF value is ₹234,000 or above per MT. This restriction will not apply to EOUs, SEZ units and Advance Authorisation holders, subject to certain conditions. …

DGFT: DGFT has changed the import rules for Clear Float Glass (4–12 mm) under HS Codes 70051090 and 70052990 from “Free” to “Restricted.” However, imports will remain “Free” where the CIF value is ₹234,000 or above per MT. This restriction will not apply to EOUs, SEZ units and Advance Authorisation holders, subject to certain conditions (19.08.2026) Read More »

Customs: CBIC has revised the Customs Tariff Values for items like palm oil, soybean oil, brass scrap, gold, silver and areca nuts through Notification No. 70/2026-Customs (N.T.). The revised values are effective from 15 August 2026. (Notification No. 70/2026-Customs (N.T.) | Dated: 14.08.2026)

Customs: Customs has introduced “Ekal Anubandh”, allowing importers and exporters to use one electronic bond and e-Bank Guarantee for multiple transactions across India. From 24 August 2026, manual Bonds and BGs will generally not be accepted. (Public Notice No. 116/2026-Customs | Date:12.08.2026)

Customs: From 12 August 2026, supplementary IGM/EGM filing has been permanently discontinued. Any changes in cargo or manifest details must now be made through mandatory Sea Cargo Manifest and Transshipment Regulation(SCMTR) amendment messages. Shipping lines, agents, customs brokers and other stakeholders must ensure SCMTR compliance. (Public Notices No : 118/2026-Customs | Dated: 11.08.2026)

DGFT: DGFT has invited comments on a Draft SOP for reporting export remittances received through NBFC Factors. The proposed process aims to simplify IRM reporting and eBRC generation. Stakeholders can submit their comments to DGFT within 30 days. (Trade Notice No. 20/2026-27-DGFT | Dated: 12.08.2026)

DGFT: DGFT has advised Indian businesses to be careful while dealing with two Bhutanese companies, Legoy Powersports and Druk A-Z Store. Businesses should check the companies properly before transactions and report any payment problems or disputes to DGFT. (Trade Notice No. 19/2026-27 | Dated: 11.08.2026)

DGFT DGFT has reviewed the wheat export quota. Exporters must submit a CA-certified utilization statement, Shipping Bill details, and any request for additional/surrender quantity by 31 August 2026. Unused quota may be reallocated if required documents are not submitted. (Trade Notice No. 18/2026-27-DGFT | Dated: 10.08.2026)

Refund order under Section 142(3) and the first appellate order passed by applying Section 11B of the Central Excise Act — appeal maintainable before CESTAT and not GSTAT Revenue’s appeal before GSTAT held not maintainable{ Asish Kumar Pati v. Kairav Chemofarbe Industries Ltd. [2026] 189 taxmann.com 220 (GSTAT – Thane)} Facts: The dispute concerned a …

Judicial Corner: Refund order under Section 142(3) and the first appellate order passed by applying Section 11B of the Central Excise Act — appeal maintainable before CESTAT and not GSTAT Revenue’s appeal before GSTAT held not maintainable{ Asish Kumar Pati v. Kairav Chemofarbe Industries Ltd. [2026] 189 taxmann.com 220 (GSTAT – Thane)} (14.08.2026) Read More »

Custom CBIC has revised the tariff values for specified imported goods, effective 11 August 2026. The tariff values for specified goods remain unchanged, including crude palm oil, RBD palm oil, crude palmolein, RBD palmolein, crude soybean oil and brass scrap. Gold remains at US$1,395 per 10 grams, silver at US$2,076 per kg, and areca nuts …

Custom : CBIC has revised the tariff values for specified imported goods, effective 11 August 2026. The tariff values for specified goods remain unchanged, including crude palm oil, RBD palm oil, crude palmolein, RBD palmolein, crude soybean oil and brass scrap.(14.08.2026) Read More »

Waiver application under sec. 128A valid for multi-State GST demand if same officer issued combined order: HC { Indian Bank vs. Assistant Commissioner CGST and Central Excise [2026] 189 taxmann.com 347 (Madras)} Facts: Indian Bank had GST demands relating to multiple States, and a common/combined adjudication order had been passed by the same officer. The …

Judicial Corner: Waiver application under sec. 128A valid for multi-State GST demand if same officer issued combined order: HC { Indian Bank vs. Assistant Commissioner CGST and Central Excise [2026] 189 taxmann.com 347 (Madras)} ( 13.08.2026) Read More »

GST Parallel Proceedings: Section 6(2)(b) Applies Only to the Same Subject Matter {M/s Ramada Engineering Industry v. Additional Commissioner (Adjudication) & Anr. SLP (C) No. 21470/2026}  Facts The taxpayer, Ramada Engineering Industry, faced two GST proceedings. Section 73 proceedings were initiated for FY 2019–20 for incorrect declaration of tax liability and excess ITC. Subsequently, Section …

Judicial Corner:GST Parallel Proceedings: Section 6(2)(b) Applies Only to the Same Subject Matter {M/s Ramada Engineering Industry v. Additional Commissioner (Adjudication) & Anr. SLP (C) No. 21470/2026} (11.08.2026) Read More »

Custom CBIC has introduced a new Standard Operating Procedure (SOP) for personal imports through Foreign Post Offices (FPOs). Customs will use a digital and risk-based system for checking and clearing these goods. If documents are not submitted within 30 days, Customs may complete the assessment based on available information. Commercial imports will continue under the …

Customs : CBIC has introduced a new Standard Operating Procedure (SOP) for personal imports through Foreign Post Offices (FPOs). Customs will use a digital and risk-based system for checking and clearing these goods. If documents are not submitted within 30 days, Customs may complete the assessment based on available information. (10.08.2026) Read More »

Custom: The Government has extended the anti-dumping duty on Phthalic Anhydride imported from China and South Korea for another 5 years. This is to protect Indian companies from cheap imports and support local manufacturers. (Notification No. 20/2026-Customs (ADD) | Dated: 05.08.2026)

DGFT: DGFT has issued the operating rules for the new Inventory-based E-Commerce Export Framework. Registered exporters must apply through ANF-9A, keep proper digital records, follow export rules, share export benefits with sellers, and maintain records for five years. (Public Notice No. 25/2026-27-DGFT | Dated: 05.082026)