Daily Updates

Limitation for refund of wrongly paid CGST/SGST begins from IGST payment date, not original payment date – Patna High Court{ Sai Steel V/s State of Bihar (2025) 33 Centax 178 (Pat.)} Facts Period: FY 2017–18. Assessee wrongly treated certain inter-State supplies as intra-State supplies. Accordingly, it paid CGST + SGST instead of IGST. Later, during …

Judicial Corner: Limitation for refund of wrongly paid CGST/SGST begins from IGST payment date, not original payment date – Patna High Court (03.09.2025) Read More »

DGFT New SION A-3695 notified for Acetyl Salicylic Acid 75 mg Tablets with input norm of 76.50 mg Acetyl Salicylic Acid per tablet. (Public Notice No. 21/2025-26 dated 3.9.25)

Income Tax The investment deadline under Section 10(23FE) is extended to March 31, 2030. Accordingly, amendment made in Rule 2DCA to revise norms for computing minimum investment and exempt income. (Notification 141/2025 dated 1.9.25)

Writ against penalty for fraudulent ITC under second GSTIN denied for assessee’s negligence directed to pursue appeal remedy {Laxmi Collection V/s Addt. Comm, CGST, Delhi West – (2025) 33 Centax 192 (Del.)}   Facts On migration to GST, assessee was allotted two GSTINs. Commissioner imposed penalty for fraudulent ITC under the second GSTIN. Assessee argued …

Judicial Corner: Writ against penalty for fraudulent ITC under second GSTIN denied for assessee’s negligence directed to pursue appeal remedy (02.09.2025) Read More »

Refund rejection on limitation unsustainable where exclusion under Notification 13/2022 applies – Bombay High Court {Kavita Incorporation V/s Additional Commissioner CGST and CX – (2025) 33 Centax 221 (Bom}     Facts Assessee filed a refund claim (u/s 54 of CGST Act) within limitation. The refund application was rejected repeatedly (seven times) due to deficiencies. …

Judicial Corner: Refund rejection on limitation unsustainable where exclusion under Notification 13/2022 applies – Bombay High Court (01.09.2025) Read More »

DGFT The export obligation period for Advance Authorisation imports under Quality Control Orders has been extended from 6 months to 18 months, providing more time for companies to complete their export requirements. (Notification No. 28/2025-26 – DGFT, dated: 28.08.2025)  

Custom Customs duty exemption on imported raw cotton has been extended until 31st December 2025, instead of 30th September 2025, providing importers an additional three months of duty-free benefit. (Notification No. 36/2025-Customs, dated: 28.08.2025)

No demand to be raised on landowner if developer paid GST for whole property under joint development agreement { Shyamaraju & Co. (India) Pvt. Ltd. V/s DCCT (Audit) Bangalore – (2025) 33 Centax 223 (kar.)}   Facts: The petitioner, a landowner, entered into a Joint Development Agreement (JDA) with a developer for construction of residential …

Judicial Corner: No demand to be raised on landowner if developer paid GST for whole property under joint development agreement (29.08.2025) Read More »

Custom Exporters of gold and silver jewellery will now get higher refunds under the Drawback Rules, 2017. The drawback on gold jewellery without stones has increased from ₹335.50 to ₹466.76, while for gold jewellery with stones and silver jewellery/articles, it has risen from ₹4468.10 to ₹5234.00. (Notification No.  51/2025- Customs (Non-Tariff), Dated: 25.08.2025)

Period of limitation for passing order begins from day next to last day of extended period for filing annual return – Madras High Court {Vairam Agencies Vodafone V/s State Tax Officer, Pudukkottai – (2025) 33 Centax 165 (Mad.)}   Facts Proprietor of petitioner’s concern died on 02.09.2017. Despite death, inward supplies from Vodafone continued up …

Judicial Corner:Period of limitation for passing order begins from day next to last day of extended period for filing annual return – Madras High Court(25.08.2025) Read More »

Non-generation of Part B of E-way Bill is valid ground for detention of goods during export – Madhya Pradesh High Court { Manish Packaging Pvt. Ltd. V/s State of Madhya Pradesh – (2025) 33 Centax 109 (M.P.)}   Facts: Petitioner exported PVC film to Nepal. Consignment was accompanied with Part A of E-way bill and …

Judicial Corner: Non-generation of Part B of E-way Bill is valid ground for detention of goods during export – Madhya Pradesh High Court(21.08.2025) Read More »

Customs: A temporary exemption on the import of cotton has been issued, effective from 19th August 2025 to 30th September 2025. All forms of cotton under heading 5201 have been exempted from customs duty and Agriculture Infrastructure and Development Cess (AIDC). This short-term relief supports the textile sector and meets supply needs, with the exemption …

Customs:A temporary exemption on the import of cotton has been issued, effective from 19th August 2025 to 30th September 2025. All forms of cotton under heading 5201 have been exempted from customs duty and Agriculture Infrastructure and Development Cess (AIDC). This short-term relief supports the textile sector and meets supply needs, with the exemption expiring at the end of September 2025.(21.08.2025) Read More »

Customs:  The anti-dumping duty on imports of Fluoroelastomers (FKM) from China has been extended until 26th February 2026. This duty, first imposed on 27th November 2020 to counter low-priced dumping, has been continued after a review initiated in June 2025. It shall remain in force unless amended, revoked, or withdrawn earlier. (Notification No. 29/2025-Customs (ADD), …

Customs:The anti-dumping duty on imports of Fluoroelastomers (FKM) from China has been extended until 26th February 2026. This duty, first imposed on 27th November 2020 to counter low-priced dumping, has been continued after a review initiated in June 2025. It shall remain in force unless amended, revoked, or withdrawn earlier.(21.08.2025) Read More »

Custom The anti-dumping duty on imports of Toluene Di-isocyanate (TDI) from the European Union and Saudi Arabia has been extended. The duty, first imposed in April 2021, will remain in force until 1st March 2026 while the review is ongoing. The extension is aimed at protecting Indian industry from unfairly cheap imports. (Notification No. 28/2025- …

Customs:The anti-dumping duty on imports of Toluene Di-isocyanate (TDI) from the European Union and Saudi Arabia has been extended. The duty, first imposed in April 2021, will remain in force until 1st March 2026 while the review is ongoing. The extension is aimed at protecting Indian industry from unfairly cheap imports.(21.08.2025) Read More »

DGFT The Foreign Trade Policy, 2023 has been amended regarding the Diamond Imprest Authorization (DIA). for relaxation in ITR requirement (Para 4.61) Exporters are now allowed to submit a Chartered Accountant’s certificate if their latest Income Tax Return is not filed, subject to providing proof of ITR by 31st December of the application year. Additionally, …

DGFT:The Foreign Trade Policy, 2023 has been amended regarding the Diamond Imprest Authorization (DIA). for relaxation in ITR requirement (Para 4.61) Exporters are now allowed to submit a Chartered Accountant’s certificate if their latest Income Tax Return is not filed, subject to providing proof of ITR by 31st December of the application year. Additionally, change in duty exemptions (Para 4.63) while imports under DIA remain exempt from Basic Customs Duty and other specified duties, the exemption from Integrated Tax (IGST) and Compensation Cess has been withdrawn, increasing import costs.(21.08.2025) Read More »

Income Tax The Income-tax (22nd Amendment) Rules, 2025, effective 18th August 2025, revise limits under section 17(2). The salary threshold for “specified employee” per non-monetary perquisites rises from ₹50,000 to ₹4,00,000 (Rule 3C), and the gross total income limit for overseas medical exemption increases from ₹2,00,000 to ₹8,00,000 (Rule 3D), providing relief to lower and …

Income Tax: The Income-tax (22nd Amendment) Rules, 2025, effective 18th August 2025, revise limits under section 17(2). The salary threshold for “specified employee” per non-monetary perquisites rises from ₹50,000 to ₹4,00,000 (Rule 3C), and the gross total income limit for overseas medical exemption increases from ₹2,00,000 to ₹8,00,000 (Rule 3D), providing relief to lower and middle-income employees.(21.08.2025) Read More »

Ex-parte order set aside due to lack of opportunity for hearing to assessee by AO Madras High Court { CSM Animal Husbandry and Agri Tech V/s DC, GST Appeals (2025) 33 Centax 77 (Mad.)}   Facts A Show Cause Notice was issued to the assessee only through the GST portal. The assessee claimed they were …

Judicial Corner:Ex-parte order set aside due to lack of opportunity for hearing to assessee by AO Madras High Court (19.08.2025) Read More »

Time limit of 60 days for processing refund application is mandatory and non-compliance vitiates order – Calcutta High Court {Suraj Mangar V/s Assistant Commissioner of WB State Tax (2025) 33 Centax 70 (Cal.)}     Facts: Applicant filed refund claim for the period Feb 2021 to Aug 2021. Refund was rejected by Proper Officer. Applicant …

Judicial Corner:Time limit of 60 days for processing refund application is mandatory and non-compliance vitiates order – Calcutta High Court(18.08.2025) Read More »

Income Tax: The Income-tax (Twenty-First Amendment) Rules, 2025, effective September 1, 2025, amend Form No. 7 in Appendix-II of the Income-tax Rules, 1962. The phrase “assessment year a sum” is revised to “assessment year or the block period, as the case may be, a sum,” broadening applicability to both assessment years and block periods. (Notification …

Income Tax: The Income-tax (Twenty-First Amendment) Rules, 2025, effective September 1, 2025, amend Form No. 7 in Appendix-II of the Income-tax Rules, 1962. The phrase “assessment year a sum” is revised to “assessment year or the block period, as the case may be, a sum,” broadening applicability to both assessment years and block periods.(18.08.2025) Read More »

Income Tax The Taxation Laws (Amendment) Bill, 2025 proposes three major reforms. First, it provides tax exemptions for pensioners, allowing 60% of the NPS corpus and lump-sum payments under the Unified Pension Scheme to be tax-free, promoting retirement security. Second, it extends international tax exemptions by including Saudi Arabia’s Public Investment Fund and subsidiaries as …

Income Tax: The Taxation Laws (Amendment) Bill, 2025 proposes three major reforms. First, it provides tax exemptions for pensioners, allowing 60% of the NPS corpus and lump-sum payments under the Unified Pension Scheme to be tax-free, promoting retirement security.(18.08.2025) Read More »