Technical error in shipping address on auto-populated e-way bill cannot justify seizure or penalty – Supreme Court { Additional Commissioner Gr.-2 V/s Zhuzoor Infratech Pvt. Ltd. (2025) 34 Centax 228 (S.C.)} Facts: Assessee ordered 16mm TMT Bars with invoice billed to assessee and delivery at New Delhi. E-way bill was auto-populated by GST portal, …
Detention of goods for transporting beyond validity of e-way bill without recording finding of intention to evade tax is unjustified – Allahabad High Court {Panasonic India Pvt. Ltd. V/s Additional Commissioner (2025) 33 Centax 365 (All.)} Facts: Goods in transit were detained because the e-way bill had expired. Before the seizure/detention order was passed, the …
Customs Tariff values revised for crude palm oil, palmolein, soybean oil, brass scrap, gold, silver, and areca nuts. New values take effect from 16th September 2025 for customs duty purposes. (Notification No. 56/2025-CUSTOMS (N.T.) dated 15.09.25)
Income Tax Extension of the due date for filing of return of Income for Assessment year 2025-26 from the existing September 15, 2025, to September 16, 2025 (Press Release dated 15.09.25)
Customs: Aerospace Grade Hydrogen Peroxide for non-commercial R&D is exempt from Hydrogen Peroxide Quality Control Order, 2022. (Instruction No. 29/2025-Customs dated 12.09.25)
Customs: New Customs (Provisional Assessment) Regulations, 2025 notified. Finalisation within 2 years, documents to be submitted in 14 months, unified electronic bond allowed. (Circular No 22/2025 -Customs dated 12.09.25)
Customs New rules replace earlier regulations on provisional customs assessment. They fix timelines for document submission, enquiry, and finalisation within two years, allow voluntary payments/refunds, ensure bond closure, and impose penalties for non-compliance. (Notification No. 55/2025-Customs (N.T.) dated 12.09.25)
GST A circular clarified that in cases of secondary or post-sale discounts, recipients are not required to reverse ITC when such discounts are passed through financial or commercial credit notes by suppliers. (Circular No. 251/08/2025-GST dated 12.09.25)
HC: Appeal could not be treated as barred by limitation if filed within a month of order copy receipt {Liberty Oil Mills Ltd. vs. Joint Commissioner (Appeals Thane) GST & Central Excise, Mumbai [2025] 178 taxmann.com 163 (Bombay)} Facts Order passed on 30.03.2023. Assessee claimed order was neither uploaded on portal nor communicated. Only after …
State authority cannot blindly rely on Central verification report to deny ITC; fresh order directed – Calcutta High Court {R.P. Techsoft International Pvt. Ltd. V/s Dy. Comm. of Revenue (2025) 33 Centax 237 (Cal.)} Facts: Petitioner’s ITC was denied by the State Tax Authority. The denial was based solely on the verification report of the …
DGFT Corrections in unutilized and un-transferred DFIAs are now allowed through ANF-4G with Head Office approval. Permitted changes include unit of measurement, HS code, and value of import items. (Public Notice No. 22/2025 dated 09.09.25)
Income Tax The Income-tax Act, 1961 ends on 01.04.2026. Correction statements for FY 2018-19 (Q4) to FY 2023-24 (Q1–Q3) must be filed by 31.03.2026, after which they become time-barred. (Advisory dated 09.09.25)
GST: Revised GST rates notified, effective 22-09-2025, for the heavy industries sector. Major changes include reduced GST on two-wheelers and small cars to 18%, large cars at 40% (no cess), tractors (<1800cc) at 5%, and buses/trucks at 18%. (Press Release 09.09.25)
GST: From 22-09-2025, staple foods will be tax-free, processed foods taxed at 5%. This decision simplifies slabs, corrects inverted duties, and resolves classification issues in the food sector. (Press Release 09.09.25)
GST Taxpayers must file all pending GST returns before 30th September 2025. From 1st October 2025, returns older than three years from due date will be permanently barred from filing on GST portal. (Advisory dated 09.09.25)
DGFT Export policy for animal by-products under Chapter 23 amended; now requires APEDA sourcing, veterinary inspection, and certification. ITC(HS) codes 23091000, 23099010, 23099020 updated to align with EU regulations for pet food exports. (Notification No. 29/2025-26 dated 08.09.25)
Customs The revised tariff values have been notified for crude palm oil, RBD palm oil, crude and refined palmolein, crude soybean oil, brass scrap, gold, silver, and areca nuts which will be effective from 09 September 2025. Most commodity tariff values remain unchanged. (Notification No. 53/2025-CUSTOMS (N.T.) dated 08.09.25)
ITC denial for non-compliance with foreign inward remittance certificate format set aside matter remanded {Benayah Solutions v/s Asst. Comm of Commercial Taxes (2025) 33 Centax 277 (Kar.)} Facts: Period 2018–19, ITC was denied to the assessee. Reason – Foreign inward remittance certificate (FIRC) not submitted in the prescribed format. Later, assessee submitted certificate in correct …
DGFT Minimum Import Price of INR 67,220/MT on Virgin Multilayer Paper Board (HS 4805/4810) is not applicable to EOUs, SEZ units (non-DTA sales), and imports under Advance Authorization or DFIA schemes till 31.03.2026. (Policy Circular No. 04/2025-26 dated 04.09.25)
Amount recovered from assessee’s credit ledger to be recredited as supplier later paid IGST dues – Calcutta High Court {Rabin Sarkar V/s Deputy Commissioner of Revenue, State Tax (2025) 33 Centax 310 (Cal.)} Facts The assessee claimed refund of Rs. 1,67,974 recovered from his cash ledger. Recovery was made on the ground that the assessee’s …
