GST: Taxpayers can now file appeals in Form GST APL-01 against NIL/Zero demand orders where a tax liability dispute exists, even if the disputed amount was paid before the order. (Update, dated 07.09.26)
DGFT An Open API facility for Certificate of Origin has been introduced on Trade Connect, enabling ERP/software integration for electronic CoO applications and reducing manual data entry. (Trade Notice No. 25/2026-27 dated 07.09.26)
Waiver of Interest under Sections 234A, 234B & 234C Denied Where Assessee Did Not Act Pursuant to Existing HC Order { K.R. Ushasree vs. Chief Commissioner of Income-tax 2026] 189 taxmann.com 667 (Kerala)} Facts: The assessee’s had claimed deductions under Section 80HHC in their income-tax returns. Subsequently, due to a change in law by the …
Customs The National Assessment Centre (NAC) Portal has been launched as a common platform for accessing assessment decisions, rulings, advisories and audit observations, promoting uniformity and transparency. (Circular No.41/2026-Customs dated 03.09.26)
Central Excise: The excise duty rate has been revised to ₹1 per litre, effective from publication date. (Notification No. 48/2026-Central Excise dated 01.09.26)
Central Excise: The excise duty rate has been revised to ₹19 per litre, effective from publication date. (Notification No. 47/2026-Central Excise dated 01.09.26)
Central Excise: The excise duty rate has been revised to ₹1.5 per litre, effective from publication date. (Notification No. 46/2026-Central Excise dated 01.09.26)
DGFT: The timeline for one-time conversion of eligible Advance Authorisations under SION E-52 to TRQ for import of Raw Sugar has been extended. Applications can be submitted up to 7 September 2026. (Public Notice No. 29 /2026-27 dated 03.09.26)
Customs: Before granting Out-of-Charge in case of PGA facilitated Bills of Entry, Customs officers must verify prescribed documents for imports of cosmetics, drugs, medical devices and related raw materials/components. (Circular No.40/2026-Customs dated 03.09.26)
Customs The EMI Scheme application process has been simplified by reducing documentation and information requirements. Eligible importers can apply under the revised process from 15 September 2026. (Circular No.39/2026-Customs dated 03.09.26)
Refund cannot be withheld without specific order under Section 54(11) Commissioner must issue SCN and pass a reasoned order { KPIL-JWIL Joint Venture v. State of Bihar, [2026] 189 taxmann.com 1002 (Patna)} Facts The petitioner, a works contractor, claimed a refund of the excess balance lying in its electronic cash ledger for FY 2022–23. The …
Company and SEBI: The MCA has extended the Companies Compliance Facilitation Scheme, 2026 (CCFS-2026) until 15 September 2026. All other terms and conditions remain unchanged. (General Circular No. 04/2026 dated 01.09.26)
DGFT: Fresh applications are invited for the remaining 2,02,550 MT of raw sugar TRQ, with daily processing and pro-rata allocation if applications exceed the available quota. (Public Notice No. 28/2026-27 dated 01.09.26)
Customs: The deadline for compliance under the Sea Cargo Manifest and Transshipment Regulations, 2018 amended and extends, by replacing the existing date with 31 October 2026. (Notification No.73/2026-Customs (N.T.) dated 01.09.26)
Customs: A common Customs officer at JNCH, Nhava Sheva, has been appointed to adjudicate the specified SCN issued to M/s Akwel Automotive Pune India Pvt Ltd. (Notification No.74/2026-Customs (N.T.) dated 01.09.26)
Composite GST Assessment for Multiple Tax Periods Held Invalid {Vishwa Vinayaka Build Tech vs. State of Andhra Pradesh [2026] 189 taxmann.com 921 (Andhra Pradesh)} Facts: Assessee, a GST-registered trader dealing in granite blocks, was issued a single composite assessment order covering three different tax periods 2020-21, April 2021–March 2022 and April 2022–March 2023. The order …
Customs: The Customs tariff have been revised with effect from 1 September 2026 for crude and refined palm oil, palmolein, crude soybean oil, brass scrap and gold. There is no change in the tariff applicable to silver and areca nuts. (Notification No. 72/2026-CUSTOMS (N.T.) Dated: 31 .08.2026)
DGFT: Automated issuance of Free Sale and Commerce Certificates has been introduced, enabling faster, paperless processing, while applications requiring verification may continue under manual processing. (Trade Notice No. 24/2026-2027 Dated: 31.08.2026)
Head-wise ITC Mismatch Does Not Amount to Excess ITC Where Total Credit Remains Within Eligible Limit { Lucknow Test House v. Shashi Bhushan Singh [2026] 189 taxmann.com 977 (GSTAT – Lucknow)} Facts: The assessee had availed ITC, but there was a head-wise mismatch in the allocation of ITC under IGST, CGST and SGST. The department …
CUSTOMS CBIC has clarified that when raw sugar imported under Advance Authorisation(AA) is converted to Tariff Rate Quota (TRQ), the importer has to pay IGST through the Customs system. Interest will be waived, and the importer can claim eligible ITC as per GST rules. (Circular No. 37/2026-Custom | Dated: 27 .08.2026)
