CA, CS, CMA : Summary of key tax and regulatory updates for the week ending 30th March 2025, covering income tax, GST, customs, SEBI, RBI, DGFT,...
CA, CS, CMA : Summary of tax and regulatory updates: income tax bonds, GST rulings, SEBI amendments, customs tariffs, and DGFT trade policy chan...
Custom Duty : The Union Budget 2025 introduces changes in Customs duties, excise, and tax rates, focusing on tariff rationalization, support for...
CA, CS, CMA : Explore tax & GST updates for Nov 25–Dec 1, 2024, including safe harbour for diamonds, GST e-invoicing, HC rulings, Section 194N...
CA, CS, CMA : Stay updated with key notifications and circulars on Income Tax, GST, Central Excise, Customs, DGFT, and SEBI issued between 29th ...
Income Tax : MEMORANDUM EXPLAINING THE PROVISIONS IN THE FINANCE BILL, 2025 FINANCE BILL, 2025 PROVISIONS RELATING TO DIRECT TAXES Introduction...
Custom Duty : Article contains Explanatory Memorandum to Notification Nos. 02 to 12-Customs, dated the 1st February, 2023 and Explanatory Memora...
Custom Duty : Articles explains Explanatory Memorandum To Notification Nos. 02 To 15-Customs Dated 1st February, 2022, Notification Nos. 07/2022...
Excise Duty : Finance Minister has introduced the Finance Bill, 2022 in Lok Sabha today, that is 1st February, 2022. Changes in Customs, Central...
Custom Duty : Govt has issued following notifications related to Excise and Custom duty to give effect to Provisions of Union Budget 2021- ̵...
Excise Duty : CESTAT Hyderabad held that rule 7 of Cenvat Credit Rules, 2004 is just a procedure and procedural lapse cannot be ground to deny t...
Excise Duty : CBIC sets up interim boards for settlement across Delhi, Kolkata, Mumbai, and Chennai, appointing principal chief commissioners an...
Excise Duty : CBIC assigns post-GST legacy excise and service tax appeals to designated officers for adjudication. Details available in attached...
Excise Duty : CBIC assigns Central Excise Officers to handle appeals filed on or after July 1, 2017, related to pre-GST Central Excise and Servi...
Excise Duty : Four Interim Boards for Settlement under Central Excise Act established in Delhi, Kolkata, Mumbai, and Chennai by CBIC notificatio...
Excise Duty : Indian government revises central excise duty on petrol to Rs. 13/litre and diesel to Rs. 10/litre, effective April 8, 2025....
CBIC appoints officers mentioned in Column (2) of Table below as Central Excise officers for jurisdiction mentioned in Column (3) of said Table
Seeks to further amend No. 04/2022-Central Excise, dated the 30th June, 2022 , to reduce the Special Additional Excise Duty on Diesel to Rs. 9 per litre vide Notification No. 39/2022-Central Excise Dated: 16th November, 2022 GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) New Delhi, Notification No. 39/2022-Central Excise Dated: 16th November, 2022 G.S.R. ….(E). […]
Seeks to amend No. 18/2022-Central Excise, dated the 19th July, 2022 to increase the Special Additional Excise Duty (SAED) on production of Petroleum Crude to Rs. 10,200 per tonne vide Notification No. 38/2022-Central Excise Dated: 16th November, 2022 GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) New Delhi, Notification No. 38/2022-Central Excise Dated: 16th […]
CBIC amends Notification No. 04/2022-Central Excise, dated 30th June, 2022, to increase Special Additional Excise Duty on Diesel to Rs. 11.50 per litre vide Notification No. 37/2022-Central Excise | Dated: 1st November, 2022. GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 37/2022-Central Excise | Dated: 1st November, 2022 G.S.R. ….(E). […]
CBIC reduces Special Additional Excise Duty on production of Petroleum Crude to Rs. 9,500 per tonne and increases Special Additional Excise Duty export of Aviation Turbine Fuel to Rs. 5 per litre vide Notification No. 36/2022-Central Excise | Dated: 1st November, 2022. GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. […]
Mechanism for implementation of additional basic excise duty @Rs. 2 per litre levied on sale of unblended motor spirit (commonly known as petrol) – Circular No. 1085/06/2022-CX
It may be seen that Form GST DRC -03 is prescribed for payment of tax, interest, penalty under sub-sections (5) and (8) of both sections 73 and 74, and section 129 (I) of the CGST Act, 2017 or any other payment due in accordance with the provisions of the CGST Act, 2017 as specified in rule 142 (2) and 142 (3) of the CGST Rules, 2017
Seeks to further amend Notification No. 04/2022-Central Excise, dated the 30th June, 2022, to increase the Special Additional Excise Duty on Diesel to Rs. 10.50 per litre vide Notification No. 35/2022-Central Excise | Dated: the 15th October, 2022. MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 35/2022-Central Excise | Dated: the 15th October, […]
Seeks to amend Notification No. 18/2022-Central Excise, dated the 19th July, 2022 to increase Special Additional Excise Duty (SAED) on production of Petroleum Crude to Rs. 11,000 per tonne and on export of Aviation Turbine Fuel to Rs. 3.50 per litre vide Notification No. 34/2022-Central Excise | Dated: the 15th October, 2022. MINISTRY OF FINANCE […]
In cases where assessee has filed ST-3 return on or before 30.6.2019 and has paid the tax dues in full before filing application, declarant is eligible to avail benefit of SVLDR scheme for waiver of interest.
