Daily Updates

ITC rejection solely based on supplier’s cancelled registration quashed; matter remanded for proper review – Himachal Pradesh High Court {Himalaya Communication Pvt. Ltd. V/s Union of India – (2025) 31 Centax 329 (H.P.)}   Facts of the Case The assessee claimed input tax credit under the CGST Act, 2017, which was rejected by the authorities …

Judicial Corner: ITC rejection solely based on supplier’s cancelled registration quashed; matter remanded for proper review – Himachal Pradesh High Court (01.07.2025) Read More »

DGFT The Government has restricted imports of select jute and flax products (HS Codes 530130, 530310, etc.) originating from Bangladesh. These goods cannot be imported via any land port on the India-Bangladesh border and are allowed only through Nhava Sheva Seaport. The restriction does not apply to Bangladesh goods transiting to Nepal or Bhutan via …

DGFT: The Government has restricted imports of select jute and flax products (HS Codes 530130, 530310, etc.) originating from Bangladesh. These goods cannot be imported via any land port on the India-Bangladesh border and are allowed only through Nhava Sheva Seaport. The restriction does not apply to Bangladesh goods transiting to Nepal or Bhutan via India, but re-export from Nepal/Bhutan to India is prohibited.(30.06.2025) Read More »

The Central Government has imposed a definitive countervailing duty (CVD) on imports of effect pearlescent pigments or mica pearlescent pigments (excluding those used in automotive applications), originating in or exported from China PR. The goods fall under Customs Tariff Items 3206 11 10, 3206 11 90, 3206 19 00, and 3206 49 90, and the …

Custom : The Central Government has imposed a definitive countervailing duty (CVD) on imports of effect pearlescent pigments or mica pearlescent pigments (excluding those used in automotive applications), originating in or exported from China PR. (27.06.2025) Read More »

Customs The Central Government has imposed anti-dumping duty on imports of Plastic Processing Machines (PPM), also known as injection moulding machines, originating in or exported from China PR and Taiwan. The duty is applicable to machines falling under Customs Tariff Items 8477 10 00 and 8477 90 00, and is levied at varying rates (0% …

Custom : The Central Government has imposed anti-dumping duty on imports of Plastic Processing Machines (PPM), also known as injection moulding machines, originating in or exported from China PR and Taiwan. (27.06.2025) Read More »

The court upheld the statutory requirement of depositing a portion of the demanded amount as a pre-condition for hearing appeals under RERA { Ashok Gandhi v. State of U.P. and Ors.[ (2025) ibclaw.in 476 HC]}   Facts Under Section 43(5) of RERA, a statutory pre-deposit (a portion of the disputed sum) is required before an appeal …

Judicial Corner: The court upheld the statutory requirement of depositing a portion of the demanded amount as a pre-condition for hearing appeals under RERA (26.06.2025) Read More »

Income Tax: The Government of India has notified protocol amending the DTAA between the Republic of India and the Sultanate of Oman for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. [Notification No. 69/2025 dated 25.06.2025]

Income Tax  The Board has relaxed the time limit for processing ITR filed under section 119(2)(b). Due to technical issues, many such returns could not be processed within the statutory time, causing refund delays. The Board has now allowed those returns filed on or before 31.03.2024 to be processed by 31.03.2026. However, this relaxation does …

Income Tax:The Board has relaxed the time limit for processing ITR filed under section 119(2)(b). Due to technical issues, many such returns could not be processed within the statutory time, causing refund delays. The Board has now allowed those returns filed on or before 31.03.2024 to be processed by 31.03.2026 (26.06.2025) Read More »

DGFT  The Director General of Foreign Trade (DGFT) has issued a corrigendum to Notification No. 18/2025-26 dated 17.06.2025, amending the import policy conditions for specific items under Chapter 71 of the ITC (HS) 2022. For ITC(HS) codes 71104100 (unwrought/powder form) and 71104900 (others), the existing restriction on import of Iridium alloy containing more than 1% …

DGFT:The Director General of Foreign Trade (DGFT) has issued a corrigendum to Notification No. 18/2025-26 dated 17.06.2025, amending the import policy conditions for specific items under Chapter 71 of the ITC (HS) 2022.(26.06.2025) Read More »

Customs: The Government has imposed anti-dumping duties on imports of Potassium Tertiary Butoxide (KTB) from China PR and USA and Sodium Tertiary Butoxide (STB) from China PR. Duties range from USD NIL to USD 1,710 per MT, depending on the exporter and origin. The duty is imposed for five years and is payable in Indian …

Customs: The Government has imposed anti-dumping duties on imports of Potassium Tertiary Butoxide (KTB) from China PR and USA and Sodium Tertiary Butoxide (STB) from China PR. Duties range from USD NIL to USD 1,710 per MT, depending on the exporter and origin. The duty is imposed for five years and is payable in Indian currency on specified tariff items: 29051490, 29051920, 29051990, and 29054900.(26.06.2025) Read More »

Customs The Government of India, vide Notification No. 19/2025–Customs (ADD) dated 24th June 2025, has amended the anti-dumping duty on Decor Paper imported from China PR. The revised duty structure specifies exporter-wise rates ranging from USD 110/MT to USD 542/MT, replacing the earlier rates notified under Notification No. 77/2021–Customs (ADD). The product covered is uncoated …

Customs:The Government of India, vide Notification No. 19/2025–Customs (ADD) dated 24th June 2025, has amended the anti-dumping duty on Decor Paper imported from China PR.(26.06.2025) Read More »

GST The CBIC, vide Circular No. 250/07/2025-GST dated 24th June 2025, has clarified the procedure for review, revision, and appeal in respect of Orders-in-Original (O-I-Os) passed by Common Adjudicating Authorities (CAA), i.e., Joint/Additional Commissioners appointed for adjudicating SCNs issued by DGGI. It has been clarified that the Principal Commissioner or Commissioner of Central Tax under …

GST:The CBIC, vide Circular No. 250/07/2025-GST dated 24th June 2025, has clarified the procedure for review, revision, and appeal in respect of Orders-in-Original (O-I-Os) passed by Common Adjudicating Authorities (CAA), i.e., Joint/Additional Commissioners appointed for adjudicating SCNs issued by DGGI.(26.05.2025) Read More »

Customs  The Central Government has imposed anti-dumping duties under Section 9A of the Customs Tariff Act, 1975, read with the Anti-Dumping Rules, 1995 on import of Linear Alkyl Benzene (LAB), classified under tariff item 3817 00 11, from Iran and Qatar. The duty is imposed at varying rates ranging from USD 14 to USD 62 …

Customs: The Central Government has imposed anti-dumping duties under Section 9A of the Customs Tariff Act, 1975, read with the Anti-Dumping Rules, 1995 on import of Linear Alkyl Benzene (LAB), classified under tariff item 3817 00 11, from Iran and Qatar. The duty is imposed at varying rates ranging from USD 14 to USD 62 per metric tonne depending on the country of origin, country of export, and the producer involved. This duty will be applicable for a period of five years from the date of publication of the notification in the Official Gazette.(24.06.2025) Read More »

DGFT The Export Obligation Period against the import of the products that are subjected to mandatory QCOs by the Ministry of Textiles, under Advance Authorisation shall be as per Para 4.40 of Handbook of Procedures. [Notification No. 20/2025-26 dated 23.06.2025]

HC quashed penalty notice as it didn’t specify whether penalty was imposed for concealment or furnishing of inaccurate info {Principal Commissioner of Income-tax vs. Quippo Telecom Infrastructure (P.) Ltd. [2025] 175 taxmann.com 503 (Delhi)} Facts of the Case Assessee, Quippo Telecom Infrastructure (P.) Ltd., filed its income tax return for AY 2010–11. Assessing Officer disallowed …

Judicial Corner:HC quashed penalty notice as it didn’t specify whether penalty was imposed for concealment or furnishing of inaccurate info {Principal Commissioner of Income-tax vs. Quippo Telecom Infrastructure (P.) Ltd. [2025] 175 taxmann.com 503 (Delhi)} (24.06.2025) Read More »

Assessee permitted to file consolidated appeal for multiple years after common SCN and order issued – Delhi High Court Delhi Foils V/s Additional Commissioner – (2025) 31 Centax 253 (Del.) – Decided on 28-05-2025 Issue: Whether an assessee can file a single consolidated appeal under Section 107 of the CGST Act, 2017, when a common …

Judicial Corner:Assessee permitted to file consolidated appeal for multiple years after common SCN and order issued – Delhi High Court Delhi Foils V/s Additional Commissioner – (2025) 31 Centax 253 (Del.) – Decided on 28-05-2025 (23.06.2025) Read More »

Restoration of registration allowed if assessee agrees to file returns and clear dues within seven days: HC {Naseer Ahmad Sheikh vs. Union Territory of J & K [2025] 174 taxmann.com 511 (Jammu & Kashmir and Ladakh)}   Facts of the Case: The petitioner’s GST registration was cancelled due to non-filing of returns and non-payment of …

Judicial Corner:Restoration of registration allowed if assessee agrees to file returns and clear dues within seven days (21.06.2025) Read More »

GST: GSTN, in collaboration with NIC, is launching the new E-Way Bill 2.0 portal (https://ewaybill2.gst.gov.in) from 1st July 2025 to enhance system resilience and operational continuity. This portal introduces real-time synchronisation with the existing E-Way Bill 1.0 portal, enabling seamless cross-portal functionalities such as E-Way Bill generation, extension, transporter updates, and consolidated E-Way Bill retrieval, …

GST:GSTN, in collaboration with NIC, is launching the new E-Way Bill 2.0 portal (https://ewaybill2.gst.gov.in) from 1st July 2025 to enhance system resilience and operational continuity. This portal introduces real-time synchronisation with the existing E-Way Bill 1.0 portal, enabling seamless cross-portal functionalities such as E-Way Bill generation, extension, transporter updates, and consolidated E-Way Bill retrieval, regardless of which portal the original bill was created on.(20.06.2025) Read More »

GST: The GSTN has issued an advisory on handling of Inadvertently Rejected Records on IMS. The FAQs are available on GST portal. [GSTN Advisory dated 19.06.2025]

GST: As per the Finance Act, 2023 (effective from 01-Oct-2023), taxpayers will not be allowed to file GST returns after 3 years from their due date for GSTR-1, 3B, 4, 5, 6, 7, 8, 9/9C, etc. This restriction will be implemented on the GST portal starting July 2025. From 1st August 2025, filing will be …

GST:As per the Finance Act, 2023 (effective from 01-Oct-2023), taxpayers will not be allowed to file GST returns after 3 years from their due date for GSTR-1, 3B, 4, 5, 6, 7, 8, 9/9C, etc. This restriction will be implemented on the GST portal starting July 2025.(20.06.2025) Read More »

DGFT: The Directorate General of Foreign Trade (DGFT) has invited applications for the export of Pharma Grade Sugar under the Restricted Category, as permitted by Notification No. 17 dated 17th June 2025. A total one-time export quota of 25,000 MT is available for the current sugar season up to 30th September 2025. Exporters must submit …

DGFT:The Directorate General of Foreign Trade (DGFT) has invited applications for the export of Pharma Grade Sugar under the Restricted Category, as permitted by Notification No. 17 dated 17th June 2025. A total one-time export quota of 25,000 MT is available for the current sugar season up to 30th September 2025.(20.06.2025) Read More »