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Archive: 01 August 2025

Posts in 01 August 2025

No rejection in Transaction value by invoking rule 10A of Valuation Rules without revealing evidence of undervaluation

August 1, 2025 852 Views 0 comment Print

An investigation was initiated by the Directorate of Revenue Intelligence, New Delhi on the import of silk-fabrics from China by other importers and the premises of M/s. Purnima Enterprises at Chennai and M/s. Om Fabrics at Bangalore were searched.

Gross and Net GST revenue collections for the month of July, 2025

August 1, 2025 1032 Views 0 comment Print

Gross GST revenue for July 2025 reached ₹1,95,735 crore, a 7.5% increase from last year, with total net revenue at ₹1,68,588 crore.

India Allocates 5,841 MT Sugar for EU Export Under TRQ

August 1, 2025 474 Views 0 comment Print

DGFT allocated 5,841 MT of sugar for export to the EU under a Tariff Rate Quota for 2025-2026 period, with APEDA as implementing agency.

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