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Archive: June, 2025

Posts in June, 2025

RBI Issues New Gold & Silver Loan Directions

June 6, 2025 4623 Views 0 comment Print

RBI introduces unified directions for lending against gold and silver collateral, effective April 1, 2026, standardizing norms for banks and NBFCs, and enhancing borrower protection.

Anti-Dumping Duty on Vitamin-A Palmitate Imports from China, EU & Switzerland

June 6, 2025 867 Views 0 comment Print

India’s Ministry of Finance imposes anti-dumping duty on Vitamin-A Palmitate imports from China, EU, and Switzerland for five years, effective June 6, 2025, to counter dumping and protect domestic industry.

India Imposes Anti-Dumping Duty on Insoluble Sulphur

June 6, 2025 1320 Views 0 comment Print

India’s Ministry of Finance imposes anti-dumping duty on Insoluble Sulphur imports from China PR and Japan to address dumping and protect domestic industry.

Bail in money laundering case granted due to long period of incarceration and non-commencement of trial

June 6, 2025 618 Views 0 comment Print

Punjab and Haryana High Court held that bail petition is the money laundering matter allowed due to long period of incarceration running for more than 01 year and trial having not been commenced before the trial Court.

ICAI Expands Southern India Presence in Telangana

June 6, 2025 906 Views 0 comment Print

ICAI establishes new branches in Khammam and Nizamabad, Telangana, effective May 27, 2025. Hosapete is detached from the Ballari branch jurisdiction.

Reply not filed as GST SCN uploaded on Additional Notices Tab: Matter remanded

June 6, 2025 573 Views 0 comment Print

Delhi High Court held that non-filing of reply as GST SCN uploaded on ‘Additional Notices Tab’ justifiable. Accordingly, matter remanded back to Adjudicating Authority and time granted for filing reply.

Export of Services on Principal-to-Principal Basis Not Intermediary under IGST: Karnataka HC

June 6, 2025 999 Views 0 comment Print

Waters India Pvt. Ltd., based in Bengaluru, had entered into technical and marketing support agreements with its Austrian counterpart, under which it carried out product promotion, market surveys, and technical support in India.

ITAT Allows Appeal Citing No Change in Facts from Previous Years

June 6, 2025 1551 Views 0 comment Print

On verification of various documents, CIT(E) noted that in the trust deed it has been categorically mentioned that the trust is a private trust and is set up to impart religious education to a particular caste who accept the principle of Varnashrama Dharma.

ICSI Southern Region Convocation 2025 Details

June 6, 2025 1215 Views 0 comment Print

ICSI’s Southern Region Convocation on July 3, 2025, for new members and awardees. Register online by June 15. Details on venue, time, dress code, and ID requirements.

MCA Overhauls E-Filing Landscape with Revised Forms Effective July 14, 2025

June 6, 2025 3663 Views 0 comment Print

Updated forms include those for auditor appointment and resignation (ADT-1, ADT-2, ADT-3, and ADT-4), cost audit reports (CRA-2, CRA-4), general applications (GNL-1), and annual returns (MGT-7/7A).

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