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Govt exempt specified goods from whole of levy of Social Welfare Surcharge

February 1, 2025 462 Views 0 comment Print

Govt revises customs duties under Notification 07/2025, affecting goods like vehicles, jewelry, medical equipment, and electronics. Effective February 2, 2025.

Budget 2025: Govt notifies effective rates of AIDC to certain goods

February 1, 2025 963 Views 0 comment Print

Govt revises AIDC rates on goods via Notification 06/2025-Customs. Changes include rates for marble slabs, PVC films, footwear, and others.

Budget 2025: Govt notifies BCD related changes

February 1, 2025 726 Views 0 comment Print

Detailed summary of Notification No. 05/2025-Customs outlining amendments to BCD rates on various goods, including fish products, medicines, and industrial materials.

Budget 2025: Customs Duty Exemptions on Rationalized Tariff Goods

February 1, 2025 2337 Views 0 comment Print

Notification 04/2025-Customs exempts import duty on specified goods as part of tariff rationalization, effective February 2, 2025. Read details on exempted items here.

Budget 2025: Export Duty Reduced on Crust Leather

February 1, 2025 516 Views 0 comment Print

Govt amends Notification No. 27/2011-Customs, effective 2nd Feb 2025, to reduce export duty on crust leather. Check details on updated duty rates and categories.

SEBI Draft Circular on UPI Transfers: Public Consultation

February 1, 2025 384 Views 0 comment Print

SEBI seeks public comments on its draft circular for secure UPI transfers in the securities market. Submit suggestions by Feb 21, 2025.

SEBI Extends Suspension on Commodity Derivatives Till March 31, 2025

January 31, 2025 123 Views 0 comment Print

SEBI extends suspension of trading in key commodity derivatives, including wheat and crude palm oil, until March 31, 2025, to regulate market volatility.

Inclusion of sharpeners & erasers with pencil kits is mixed supply: GST AAAR Gujarat

January 31, 2025 132 Views 0 comment Print

Gujarat AAAR confirms 12% GST on DOMS stationery kits, ruling them as mixed supplies. Appeal against earlier Advance Ruling rejected.

Gujarat AAAR Rejects Tax Exemption Appeal of Data Processing Forms

January 31, 2025 351 Views 0 comment Print

Gujarat AAAR denies tax exemption for Data Processing Forms P Ltd., ruling that services to GPSC and GPSSB do not qualify under GST notification 12/2017-CT (R).

Orissa HC directs Revocation of Registration cancellation on payment of GST dues

January 30, 2025 96 Views 0 comment Print

Orissa High Court allows revocation of GST registration for Harish Mahanta, subject to tax compliance. The tax portal will be reopened for return filing.

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