DGFT grants Ayush Export Promotion Council (AYUSHEXCIL) immediate authorization to issue Certificate of Origin (Non-Preferential) under FTP 2023, adding them to Appendix 2E.
The IBBI has amended CIRP Regulations 2025, facilitating part-wise resolution, harmonizing payment timelines, including interim finance providers, and mandating all plan presentations to CoC
CBIC notification assigns 700 customs appeal cases to Commissioner of Customs (Appeals), Mumbai Zone-I. Details on adjudication and effective date.
Gujarat High Court clarifies ITC reversal rules: Fresh demands invalid if already reversed, even late. Focus on interest/penalties, not double payment.
The ITAT Pune ruled that additional income declared during a survey at Patel Shoes Co., consisting of excess stock, cash, and furniture expenditure, is business income, not unexplained income under Sections 69/69C, overriding an initial misclassification.
Gujarat High Court suspends 160% Compensation Cess on export-bound tobacco, urging GST Council to review exemption aligning with existing GST export norms.
Understand the GST Invoice Management System (IMS) for efficient invoice reconciliation, GSTR-2B generation, and accurate ITC claims in GSTR-3B.
The Karnataka High Court has overturned an Income Tax Department order, allowing a trust to condone a 151-day delay in filing IT returns and Form 10 due to a tax consultant’s oversight, citing a “justice-oriented approach.”
Sovereign Gold Bonds (SGBs) are government-backed securities issued by the Reserve Bank of India (RBI). These bonds allow you to invest in gold without actually buying physical gold.
Delhi High Court rules on DMRC’s GST refund, clarifying the “relevant date” for limitation based on a conciliation agreement, setting aside rejection orders.
