CBIC Circular No. 26/2024 clarifies the applicability of concessional duty under IGCR Rules, 2022, for MOOWR units and manufacturing processes for specific cases.
CBIC allows manual filing of IGCR statements until Jan 2025. Electronic filing of IGCR-3 to begin in February 2025 with an Excel utility.
CBIC mandates additional qualifiers for coking and non-coking coal imports from 15.12.2024 to improve assessments and reduce clearance delays.
Kerala SGST’s new circular streamlines adjudication of interconnected show cause notices with a single authority for consistent decision-making.
CBDT Circular No. 17/2024 outlines guidelines for condoning delays in filing Forms 10-IC and 10-ID for AYs 2020-21 to 2022-23 under Section 119(2)(b).
CBDT Circular No. 16/2024 outlines procedures for condoning delays in filing Forms 9A, 10, 10B, and 10BB for AY 2018-19 onwards under Section 119(2)(b).
IFSCA exempts specific entities from the AML/CTF Guidelines 2022, with compliance requirements for business risk assessments and transactions in IFSC.
IFSCA circular updates the procedure for Section 51A of UAPA with a change in the Central Nodal Officer’s details for all regulated entities in GIFT-IFSC.
SEBI revises default rating policies for Credit Rating Agencies, clarifying treatment of technical defaults and modifying guidelines for debt payment failures.
Customs clarification on the classification of Clear Float Glass with a tin layer, under CTH 7005, effective 14th Nov 2024.
