Daily Updates

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 »

DGFT: The Import Policy of items covered under CTH 2843 is revised from “Free” to “Restricted” with immediate effect. [Notification No. 18/2025-26 dated 19.06.2025]

DGFT: Import policy of Palladium and Rhodium under ITC(HS) codes 71102100, 71102900 and 71103100 is amended to stipulate that import of Palladium and Rhodium alloy containing gold of more than 1% by weight is “Restricted”. [Notification No. 18/2025-26 dated 17.06.2025]

DGFT: Export of Pharma Grade Sugar upto a total of 25,000 MTs per financial year shall be permitted to Bonafide Pharma Exporters against a restricted Export Authorisation. [Notification No. 17/2025-26 dated 17.06.2025]

Customs: The CBIC has extended the use of ICETABs (Inspection and Clearance Electronic Tablets) to export examination and clearance processes, effective from 19th June 2025, following its successful implementation in import examinations. ICETABs will allow examining officers to digitally access the Shipping Bill, examination orders, RMS instructions, and supporting documents, eliminating the need for paper-based …

Customs:The CBIC has extended the use of ICETABs (Inspection and Clearance Electronic Tablets) to export examination and clearance processes, effective from 19th June 2025, following its successful implementation in import examinations.(20.06.2025) Read More »

Customs: The Government of India has imposed definitive anti-dumping duty on imports of Pretilachlor in any form and its intermediate PEDA (2,6-diethyl-n-(2-propoxy ethyl) aniline) originating in or exported from China PR. This action follows the final findings of the DGTR, which concluded that these goods were being dumped in India at prices below normal value, …

Customs:The Government of India has imposed definitive anti-dumping duty on imports of Pretilachlor in any form and its intermediate PEDA (2,6-diethyl-n-(2-propoxy ethyl) aniline) originating in or exported from China PR. This action follows the final findings of the DGTR, which concluded that these goods were being dumped in India at prices below normal value, causing material injury to the domestic industry.(20.06.2025) Read More »

Customs: The Government of India, via Notification No. 16/2025-Customs (ADD) dated 19th June 2025, has imposed definitive anti-dumping duty on imports of Acetonitrile falling under subheading 2926 90, originating in or exported from China PR, Russia, and Taiwan. The duty follows the final findings of the DGTR, which concluded that these imports were made at …

Customs:The Government of India, via Notification No. 16/2025-Customs (ADD) dated 19th June 2025, has imposed definitive anti-dumping duty on imports of Acetonitrile falling under subheading 2926 90, originating in or exported from China PR, Russia, and Taiwan.(20.06.2025) Read More »

Customs  The Government of India has imposed a definitive anti-dumping duty on imports of Aluminium Foil up to 80 microns originating in or exported from China PR, following final findings by the Directorate General of Trade Remedies (DGTR). The investigation concluded that the goods were being dumped in India at unfair prices, causing material injury …

Customs: The Government of India has imposed a definitive anti-dumping duty on imports of Aluminium Foil up to 80 microns originating in or exported from China PR, following final findings by the Directorate General of Trade Remedies (DGTR). The investigation concluded that the goods were being dumped in India at unfair prices, causing material injury to the domestic industry. (20.06.2025) Read More »

No deduction is allowed for any amount that shares the character of a tax, rate, or levy when computing income under the head ‘Profits and Gains of Business or Profession’. Accordingly, amounts such as education cess and higher secondary education cess are not eligible for deduction, as they form part of the overall tax liability …

Judicial Corner: No deduction is allowed for any amount that shares the character of a tax, rate, or levy when computing income under the head ‘Profits and Gains of Business or Profession’. Accordingly, amounts such as education cess and higher secondary education cess are not eligible for deduction, as they form part of the overall tax liability (20.06.2025) Read More »

Judicial Corner : The Gujarat High Court held that the omission of Rule 96(10) of the CGST Rules applies prospectively and also covers all pending proceedings and cases. Therefore, exporters can claim IGST refunds on exports, and any show cause notices or orders issued under the old Rule 96(10) stand quashed. The challenge to the …

Judicial Corner : The Gujarat High Court held that the omission of Rule 96(10) of the CGST Rules applies prospectively and also covers all pending proceedings and cases. Therefore, exporters can claim IGST refunds on exports, and any show cause notices or orders issued under the old Rule 96(10) stand quashed. The challenge to the rule’s validity is no longer relevant {Messrs Addwrap Packaging (P.) Ltd. vs. Union of India [[2025] 175 taxmann.com 592 (Gujarat)]} (18.06.2025) Read More »

Judicial Corner: The court ruled that the statutory mandate of obtaining a completion certificate cannot be waived by a mere letter from the Panchayat. The promoter is obligated to obtain the completion certificate or occupancy certificate from the relevant competent authority as per the RERA Act { P. Anandasundaresan v. Akshaya Pvt. Ltd.[ (2025) ibclaw.in …

Judicial Corner:The court ruled that the statutory mandate of obtaining a completion certificate cannot be waived by a mere letter from the Panchayat. The promoter is obligated to obtain the completion certificate or occupancy certificate from the relevant competent authority as per the RERA Act  (16.06.2025) Read More »