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Archive: 24 April 2025

Posts in 24 April 2025

No Fees for Transshipment Applications at Customs Stations: CBIC

April 24, 2025 222 Views 0 comment Print

New regulations effective April 24, 2025, eliminate all fees for transshipment applications of imported goods at all customs stations.

Google Settles Android TV Antitrust Case with CCI, Pays ₹20.24 Crore

April 24, 2025 3558 Views 0 comment Print

CCI investigates Google’s alleged anti-competitive agreements (TADA, ACC) with smart TV OEMs in India. Settlement reached, but concerns remain.

GST notice Service through Portal Sufficient but Not Effective: Madras HC

April 24, 2025 6870 Views 0 comment Print

Madras High Court rules uploading GST notices to the common portal is sufficient but often ineffective service. Court urges tax officers to use alternate methods.

RBI Amends FEMA Compounding Rules – Cap on Penalty

April 24, 2025 1356 Views 0 comment Print

RBI introduces a cap of ₹2,00,000 on the maximum compounding amount for certain FEMA contraventions. Details for banks and constituents.

RBI extends deadline to implement BIS standards for note sorting machines

April 24, 2025 279 Views 0 comment Print

RBI extends the deadline for banks to implement BIS standards for note sorting machines to November 1, 2025, due to implementation challenges

ICAI CA Final Revision Classes – Sep 2025 Exams

April 24, 2025 246 Views 0 comment Print

ICAI announces free Live Virtual Revisionary Classes for CA Final students appearing in Sep 2025 exams. Schedule, features, and access details provided.

DGFT Notifies SION for Export of ‘Doxycycline 100 mg Dispersible Tablets

April 24, 2025 204 Views 0 comment Print

DGFT Public Notice 03/2025-26 introduces SION A-3685 for Doxycycline 100mg Dispersible Tablets. Details import quantity allowed for export production.

Personal Guarantor under Insolvency and Bankruptcy Code, 2016

April 24, 2025 681 Views 0 comment Print

Liability pertaining to personal guarantors under IBC, 2016 has evolved significantly with legal framework extending its reach to bring personal guarantors at a similar pedestal as the corporate debtors.

Refund on Zero-Rated Supplies Cannot Be Denied for Non-Inclusion of Services in Registration

April 24, 2025 360 Views 0 comment Print

Andhra HC allows GST refund for zero-rated services despite service exclusion in registration; clarifies scope of CGST/IGST provisions.

Section 143(1) Intimation Invalid if Based on Return Declared Invalid by CPC: ITAT Bangalore

April 24, 2025 840 Views 0 comment Print

ITAT Bangalore rules against disallowance under Section 143(1) citing invalidity of updated return filed under Section 139(8A) by co-op society.

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