CBIC directed strict adherence to court rulings on duty drawback for unlocked mobile exports. The Supreme Court upheld the High Court decision and dismissed review petitions.
The notification removes Policy Condition No. 2(iii) from Chapter 95 of ITC (HS). This change alters the applicable import policy framework with immediate effect.
The case involved failure to attend hearings and file an affidavit as directed. The Committee imposed a penalty and warning, emphasizing strict compliance with tribunal orders.
The amendments permit specified trusts to convert into LLPs with continuity of assets and liabilities. The key takeaway is simplified restructuring without disrupting operations.
The authority introduced a digital system to track and manage food recalls. It enables regulators, businesses, and consumers to access real-time recall information.
The board directed offices to function on Mahavir Jayanti. The move ensures completion of financial year-end work without disruption.
FSSAI has issued detailed guidelines dividing responsibilities between buyer and seller apps in the ONDC model. The order ensures accountability, food safety, and regulatory compliance in decentralized e-commerce transactions.
The government amended monetary limits for ED officers handling FEMA cases. It allows broader jurisdiction to improve efficiency in adjudication of foreign exchange violations.
The notification grants scientific research approval enabling donors to claim tax deductions under Section 35. It mandates strict compliance with reporting and certification requirements.
The Bengaluru CGST zone cautioned taxpayers about individuals posing as GST officers. Taxpayers were advised to verify officer identity, authorization, and DIN before allowing inspections.