Madras High Court held that use of visual identifiers on packaging like fonts, symbols, colours, etc. establishes brandname for GST purpose. However, since there was no suppression of fact invocation of extended period denied.
ITAT Delhi held that companies owning and operating channels cannot be compared with distribution company for the purpose of transfer pricing. Accordingly, directs TPO to exclude such comparables for benchmarking distribution segment and determination of ALP.
CBIC has amended Notification No. 9/2025-Union Territory Tax (Rate) to revise tariff entries under UTGST schedules from May 1, 2026.
CBIC has amended Notification No. 9/2025-Integrated Tax (Rate) to revise tariff entries under IGST schedules in line with Finance Act, 2026.
CBIC has amended Notification No. 9/2025-Central Tax (Rate) to revise tariff entries in GST schedules in line with Finance Act, 2026, from May 1.
CBIC has amended a Customs (CVD) notification to revise tariff item codes in line with Finance Act, 2026 changes, effective May 1, 2026.
CBIC has amended multiple Customs (ADD) notifications to revise tariff item codes in line with changes introduced under the Finance Act, 2026, from May 1.
The scheme allows households to deposit gold and earn interest without selling it. The key takeaway is that both interest and capital gains are fully tax-exempt.
Notification No. 21/2026-Central Excise revises the RIC rate on exports of high-speed diesel oil outside India to Nil, effective May 1, 2026.
Notification No. 20/2026-Central Excise revises the SAED rate on exports of ATF outside India to Rs. 33 per litre, effective May 1, 2026.
