Judicial Corner Retrospective cancellation to be set aside as inspection lacked witnesses and verification of records [Empire Steel Holdings V/s Union of India – (2025) 30 Centax 241 (M.P.) by Madhya Pradesh High Court]
Judicial Corner: The High Court held that a writ petition challenging a show cause notice under Section 74 of the CGST Act, 2017, is not maintainable at the preliminary stage. The SCN issued to the assessee contained detailed reasons and was part of the statutory adjudication process. The Court emphasized that judicial intervention is unwarranted …
Income Tax The Central Board of Direct Taxes (CBDT) has notified ‘Secretary to the Government of Maharashtra, Women and Child Development’ as specified authority u/s 138 for the purposes of sharing of information for identifying eligible beneficiaries under the Mukhyamantri Mazi Ladki Bahin Yojana. [Notification No. 54/2025 dated 03.06.2025]
Judicial Corner: Separate SCNs must be issued for each year and consolidated SCN under Sec. 74(10) was invalid {Tharayil Medicals V/s Dy. Comm., Audit Division-IV – {(2025) 29 Centax 395 (Ker.). Kerala High Court}]
Judicial Corner HC : Matter remanded as single order was passed for multiple years including those eligible under Amnesty Scheme
Customs The CBIC has issued a instruction which provides for removal of port restrictions and CLRI testing requirements for the export of Finished Leather, Wet Blue Leather, El Tanned Leather, and Crust Leather, with immediate effect. Accordingly, the following conditions stand revoked: (i) Port-specific export restrictions. (ii) Mandatory testing and certification by CLRI. The earlier …
MCA The Ministry of Corporate Affairs (MCA) has announced the launch of the final set of 38 company forms, including 13 annual filing forms and 6 audit/cost audit forms, scheduled to go live on the MCA21 V3 portal from 14th July 2025 at 12:00 AM. This transition is part of MCA’s ongoing efforts to enhance …
Judicial Corner Pre-deposit waived as ITC was wrongly claimed under IGST instead of CGST and SGST without causing revenue loss
Judicial Corner Allahabad High Court Held that the mere presence of excess stock during search proceedings does not warrant confiscation under Section 130 of the CGST Act. Where excess stock is found, the proper course is to initiate proceedings under Sections 73/74 for tax determination. Since the Act provides a specific mechanism for such situations, …
Judicial Corner: ITAT condoned delay in filing appeal as order passed by CIT(E) was served on email ID which wasn’t checked regularly {Shriram Paropkari Trust vs. Commissioner of Income-tax Exemption [2025] 174 taxmann.com 787 (Jaipur – Trib)}
Matter remanded for re-adjudication as SCN was issued post cancellation of registration when assessee lacked portal access [{Grilled Roti vs. Commissioner of Delhi Goods and Services Tax [2025] 174 taxmann.com 834 (Delhi)}]
DGFT: The Director General of Foreign Trade (DGFT) has authorized the Ayush Export Promotion Council (AYUSHEXCIL) to issue Certificates of Origin (Non-Preferential) under Appendix 2E of the Foreign Trade Policy (FTP) 2023, with immediate effect. Accordingly, AYUSHEXCIL has been added at Serial No. 19 (Delhi) of Appendix 2E in the list of authorized agencies. This …
Judicial Corner Writ withdrawal to be allowed with liberty to assessee to file appeal before GST Appellate Tribunal
Judicial Corner Restoration of Suspended GST Registration Allowed: Assessee Directed to Comply with Tax Formalities Within 7 Days.
Income Tax The Central Board of Direct Taxes (CBDT) has extended the due date for filing of return of Income for Assessment year 2025-26 from the existing July 31, 2025, to September 15, 2025.
DGFT: The Central Government has removed export restrictions previously imposed on Finished Leather, Wet Blue Leather, Crust Leather, and El Tanned Leather. With this notification, Public Notice No. 23(RE-2013)/2009-14 dated 13th August 2013, along with its subsequent amendments, stands rescinded. Consequently, the following conditions are revoked with immediate effect: (i) Port restrictions on the export …
DGFT: The Central Government has amended the Import Policy Conditions for Cabinet Hinges classified under Chapter 83 of the ITC (HS), 2022 Schedule I (Import Policy). While imports under HS Codes 83021010, 83021090, 83024200, and 83024900 continue to be under the ‘Free’ category, a revised condition has been introduced stating that Cabinet Hinges with a …
DGFT: The Central Government has amended the Import Policy Condition for Roller Chains and parts thereof under Chapter 73 of the ITC (HS), 2022 Schedule I (Import Policy). The amendment stipulates that while imports under HS Codes 73151100, 73151900, and 73159000 remain under the ‘Free’ import category, a new condition is introduced whereby imports of …
DGFT: The Central Government has amended Para 4.41(5) of the Foreign Trade Policy (FTP) 2023 to update the name of the designated gem certification agency. The existing entry “International Gemmological Institute (India) Pvt. Ltd., Bandra Kurla Complex, Mumbai” has been revised to “International Gemmological Institute (India) Limited, Bandra Kurla Complex, Mumbai” with immediate effect. This …
DGFT: The Central Government has announced the restoration of RoDTEP (Remission of Duties and Taxes on Exported Products) benefits for Advance Authorisation (AA) holders, Special Economic Zones (SEZs), and Export-Oriented Units (EOUs), effective from 01 June 2025. This move reinstates RoDTEP support for these categories of exporters, which had been excluded earlier. The applicable rates …
