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Archive: February, 2025

Posts in February, 2025

Duty-Free Shops shall be deemed to be beyond Customs Frontiers of India: Bombay HC

February 7, 2025 276 Views 0 comment Print

Bombay High Court rejects A1 Cuisines’ plea for GST exemption on duty-free sales at Nagpur Airport, ruling that domestic airport sales are taxable under GST laws.

Patna HC on GST Appeal Limitation: 120 Days vs. 4 Months

February 7, 2025 597 Views 0 comment Print

Patna High Court sets aside GST appellate order against Brand Protection Services Pvt Ltd, directing reconsideration due to misinterpretation of appeal timelines.

Income-Tax Rule 2F Amended for Infrastructure Debt Funds

February 7, 2025 606 Views 0 comment Print

CBDT amends Income-Tax Rules, 1962, updating regulations for Infrastructure Debt Funds, including investment criteria, bond issuance, and borrowing rules.

Rajkot Notified for Import & Export Operations by CBIC

February 7, 2025 360 Views 0 comment Print

CBIC amends Customs Notification No. 61/94, adding Rajkot for unloading imported goods and loading export goods under the Customs Act, 1962.

SEBI Proposes Automated Trading Window Closure Extension

February 7, 2025 369 Views 0 comment Print

SEBI seeks public comments on extending automated trading window closure to immediate relatives of designated persons, aiming to improve compliance and prevent violations.

SEBI Seeks Comments on Regulation 17(a) Review for AIFs

February 7, 2025 321 Views 0 comment Print

SEBI invites public comments on proposed amendments to Regulation 17(a) of AIF Regulations, 2012, addressing investment in listed and unlisted debt securities.

DGFT Amends SION E-136 for Wheat Flour with Millets Export

February 7, 2025 243 Views 0 comment Print

DGFT updates SION E-136, allowing export of wheat flour with millets. Conditions include minimum ingredient percentages and domestic sourcing requirements.

RBI Lowers Bank Rate to 6.50%, Adjusts Penal Interest Rates

February 7, 2025 228 Views 0 comment Print

RBI cuts Bank Rate to 6.50%, affecting penal interest on reserve shortfalls. New rates apply immediately as per the latest monetary policy update.

RBI Lowers Repo Rate to 6.25%, Adjusts Liquidity Facility

February 7, 2025 237 Views 0 comment Print

RBI cuts repo rate to 6.25%, impacting the Standing Liquidity Facility for Primary Dealers. New rate applies immediately as per the latest policy update.

RBI Allows SEBI-Registered Brokers on NDS-OM Platform

February 7, 2025 255 Views 0 comment Print

RBI grants SEBI-registered non-bank brokers access to NDS-OM for government securities trading. Revised access criteria apply immediately.

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