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CBIC Revises Customs Arrest Reporting Formats

May 13, 2025 1632 Views 0 comment Print

CBIC Instruction 10/2025 updates customs arrest and incident report formats, requiring mandatory inclusion of DIGIT ID details.

CBIC Reports GST Grievance Mechanism and ITC Fraud Detection

May 13, 2025 1029 Views 0 comment Print

CBIC newsletter covers customs cooperation MoU with Iran, new GST registration grievance mechanism, and detection of a Rs 64.25 crore ITC fraud.

Dispute Arbitrable Even After Signing Discharge Voucher & Accepting Amount: SC

May 12, 2025 1005 Views 0 comment Print

Supreme Court rules on arbitrability of disputes after signing discharge vouchers. Clarifies that challenges based on coercion allow arbitration, overturning Bombay High Court decision.

Key Points to Claim Refunds in Your Income Tax Return

May 12, 2025 6882 Views 2 comments Print

Income Tax Department warns against wrongful refund claims in ITRs. Explains consequences like penalties, scrutiny, prosecution, and the option to file an Updated Return to correct errors.

ADD on China PR Titanium Dioxide Imports – CBIC Circular

May 11, 2025 1776 Views 0 comment Print

CBIC Circular 16/2025 details Anti-Dumping Duty on Titanium Dioxide from China PR, excluding specific end uses. Introduces electronic declaration for excluded imports.

Countervailing Duty on Vietnam Glass Imports

May 10, 2025 2097 Views 0 comment Print

India imposes countervailing duty on textured toughened glass imports from Vietnam after determining subsidization caused material injury to the domestic industry.

IFSCA Proposes New TechFin Ancillary Regulations

May 9, 2025 1554 Views 0 comment Print

IFSCA seeks feedback on draft regulations for TechFins and Ancillary Services in IFSCs, aiming to unify frameworks and enhance compliance.

How to Succeed on Capital Market

May 9, 2025 783 Views 0 comment Print

In this article, we’ll break down what capital markets are, how they operate, why they matter to the economy, how you can start investing, and some common mistakes to avoid along the way.

Credit Guarantee Scheme for Startups (CGSS) Notified

May 8, 2025 1740 Views 0 comment Print

India notifies Credit Guarantee Scheme for Startups (CGSS) to provide collateral-free debt guarantees to eligible startups via Member Institutions. Details eligibility, fees, and claim process.

Zero-Balance Savings Accounts vs Regular Savings Accounts: Which Is Right for You?

May 8, 2025 2307 Views 0 comment Print

Compare zero-balance and regular savings accounts based on features like minimum balance, interest, transaction limits, and suitability for your banking needs.

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