Daily Updates

Judicial Corner: On filing second appeal with 10% pre-deposit, bank attachment after first appeal rejection must be lifted (21.01.2026)

On filing second appeal with 10% pre-deposit, bank attachment after first appeal rejection must be lifted { S. S. Civil Construction (P.) Ltd. v. Assistant Commissioner of Revenue, State Tax [2026] 182 taxmann.com 359 (Calcutta HC) Facts: Assessee’s first appeal under GST was rejected by the appellate authority. Thereafter, the department attached the assessee’s bank …

Judicial Corner: On filing second appeal with 10% pre-deposit, bank attachment after first appeal rejection must be lifted (21.01.2026) Read More »

Judicial Corner: Assignment of leasehold rights in plot is not supply of service as same not in course or furtherance of business (20.01.2026)

Assignment of leasehold rights in plot is not supply of service as same not in course or furtherance of business { Aerocom Cushions (P.) Ltd. vs. Assistant Commissioner (Anti-Evasion), CGST & CX, Nagpur-1 [2026] 182 taxmann.com 432 (Bombay)} Facts Aerocom Cushions Pvt. Ltd. was allotted a plot on a long-term lease (95 years) for industrial …

Judicial Corner: Assignment of leasehold rights in plot is not supply of service as same not in course or furtherance of business (20.01.2026) Read More »

DGFT: Amendments clarify eligibility, applicability date, exclusions, MSME continuity, bank discretion, reimbursement process, ceilings, and compliance for interest subvention on pre- and post-shipment export credit under EPM Niryat Protsahan. (19.012026)

DGFT: Amendments clarify eligibility, applicability date, exclusions, MSME continuity, bank discretion, reimbursement process, ceilings, and compliance for interest subvention on pre- and post-shipment export credit under EPM Niryat Protsahan. (Trade Notice No. 22/2025-26 dated 16.01.26)

DGFT: Modalities prescribe online applications, eligibility conditions, documentation, minimum quantity, non-transferable authorisations, allocation by a Special Committee, monthly review, and post-export reporting for wheat flour exports under HS Code 1101. (19.01.2026)

DGFT Modalities prescribe online applications, eligibility conditions, documentation, minimum quantity, non-transferable authorisations, allocation by a Special Committee, monthly review, and post-export reporting for wheat flour exports under HS Code 1101. (Public Notice No. 44 /2025-26 dated 16.01.26)

DGFT:Export of wheat flour and related products under HS Code 1101 remains prohibited; however, export of 5 LMT is additionally permitted against DGFT export authorisation, subject to prescribed conditions. (19.01.2026)

DGFT Export of wheat flour and related products under HS Code 1101 remains prohibited; however, export of 5 LMT is additionally permitted against DGFT export authorisation, subject to prescribed conditions. (Notification No. 55/2025-26 dated 16.01.26)

Judicial Corner:Appellate authority’s cryptic, unreasoned affirmation of refund rejection passed without independent analysis or application of mind was held unsustainable in law (16.01.2026)

Judicial Corner:   Appellate authority’s cryptic, unreasoned affirmation of refund rejection passed without independent analysis or application of mind was held unsustainable in law { Virtusa Consulting Services (P.) Ltd. v. Union of India [2025] 181 taxmann.com 265 (Karnataka High Court)     Facts The petitioner, Virtusa Consulting Services (P.) Ltd., had filed a refund …

Judicial Corner:Appellate authority’s cryptic, unreasoned affirmation of refund rejection passed without independent analysis or application of mind was held unsustainable in law (16.01.2026) Read More »

DGFT Amendments refine interest subvention eligibility, rates, exclusions, MSME continuity, sanction-date applicability, bank discretion, reimbursement mechanism, and compliance requirements under EPM Niryat Protsahan for export credit. (16.01.2026)

DGFT Amendments refine interest subvention eligibility, rates, exclusions, MSME continuity, sanction-date applicability, bank discretion, reimbursement mechanism, and compliance requirements under EPM Niryat Protsahan for export credit. (Trade Notice No. 22/2025-26 dated 16.01.26)

Customs: The circular extends electronic export benefits (Drawback, RoDTEP, RoSCTL) to postal exports by integrating DNK with ICES, amending Circular 25/2022-Customs, and prescribing revised procedures and links.(16.01.2026)

Customs: The circular extends electronic export benefits (Drawback, RoDTEP, RoSCTL) to postal exports by integrating DNK with ICES, amending Circular 25/2022-Customs, and prescribing revised procedures and links. (Circular No. 01/2026-Customs dated 15.01.26)

Customs: The notification amends Notification No. 61/94-Customs to notify Bhogapuram, Andhra Pradesh, as a customs area for unloading imported goods and loading export goods, by inserting a new entry in the prescribed table. (16.01.2026)

Customs: The notification amends Notification No. 61/94-Customs to notify Bhogapuram, Andhra Pradesh, as a customs area for unloading imported goods and loading export goods, by inserting a new entry in the prescribed table. (Notification No. 02/2026-Customs (N.T.) dated 15.01.26)

Customs:The notification amends export procedures to extend Section 51B benefits to postal exports by permitting electronic entries under Section 84, aligning post exports with shipping bills and bills of export.(16.01.2026)

Customs: The notification amends export procedures to extend Section 51B benefits to postal exports by permitting electronic entries under Section 84, aligning post exports with shipping bills and bills of export. (Notification No. 04/2026-Customs (N.T.) dated 15.01.26)  

Customs:The notification amends procedures to extend Section 51B benefits to exports by post, allowing electronic entry under Section 84, aligning postal exports with shipping bills and bills of export.(16.01.2026)

Customs: The notification amends procedures to extend Section 51B benefits to exports by post, allowing electronic entry under Section 84, aligning postal exports with shipping bills and bills of export. (Notification No. 05/2026-Customs (N.T.) dated 15.01.26)

Judicial Corner: HC: Summons are for gathering information, not ‘initiation of proceedings Dismisses writ as premature (15.01.2026)

HC: Summons are for gathering information, not ‘initiation of proceedings Dismisses writ as premature {Md. Aniqul Islam v. Directorate General of Goods and Services Tax Intelligence (DGGI){ W.P.(CRL) 1710/2024 & W.P.(CRL) 1861/2024}   Facts The Petitioners were engaged in trading/manufacturing of bidi under the brand “UDDAN”. Searches were conducted by DGGI at their premises and …

Judicial Corner: HC: Summons are for gathering information, not ‘initiation of proceedings Dismisses writ as premature (15.01.2026) Read More »

Judicial Corner:and Services Tax enactments by Finance No. 2 Act 2024 and Circular No. 237/31/2024-GST clarified entitlement, making Input Tax Credit available, matter remanded for fresh consideration as per law (14.01.2025)

Input Tax Credit was denied solely due to delayed return filing for 2018-2019, retrospective insertion to Goods and Services Tax enactments by Finance No. 2 Act 2024 and Circular No. 237/31/2024-GST clarified entitlement, making Input Tax Credit available, matter remanded for fresh consideration as per law {Kabriyal Rajan vs. Supertintendent, CGST & Central Excise [2026] …

Judicial Corner:and Services Tax enactments by Finance No. 2 Act 2024 and Circular No. 237/31/2024-GST clarified entitlement, making Input Tax Credit available, matter remanded for fresh consideration as per law (14.01.2025) Read More »

Judicial Corner: Goods in question were loaded in two trucks as the machine could not be accommodated in one truck, and in the invoice as well as in the e-way bill, multi-vehicle transport was specifically mentioned; therefore, no intention to evade tax could be attributed to the assessee. (13.01.2026)

Goods in question were loaded in two trucks as the machine could not be accommodated in one truck, and in the invoice as well as in the e-way bill, multi-vehicle transport was specifically mentioned; therefore, no intention to evade tax could be attributed to the assessee. {Falcon Autotech (P.) Ltd. vs. Additional Commissioner [2026] 182 …

Judicial Corner: Goods in question were loaded in two trucks as the machine could not be accommodated in one truck, and in the invoice as well as in the e-way bill, multi-vehicle transport was specifically mentioned; therefore, no intention to evade tax could be attributed to the assessee. (13.01.2026) Read More »

DGFT: India & Arab Countries Chamber of Commerce, Industry & Agriculture (IACCIA), New Delhi, has been authorised under Appendix 2E of FTP 2023 to issue Non-Preferential Certificates of Origin with immediate effect. (12.01.2026)

DGFT: India & Arab Countries Chamber of Commerce, Industry & Agriculture (IACCIA), New Delhi, has been authorised under Appendix 2E of FTP 2023 to issue Non-Preferential Certificates of Origin with immediate effect. (Public Notice No. 43/2025-26 dated 09.01.26

Bizsolindia Services Pvt. Ltd. has been honored with the "Maharashtra State Best Employer Brand Award 2026" at a prestigious ceremony held at Taj Lands End, Mumbai.

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