CBIC announces the immediate removal of port restrictions and mandatory CLRI testing for finished, wet blue, El tanned, and crust leather exports from India.
CBIC unveils FY2025 action plan, launches feedback system, and uncovers Rs. 20 crore import fraud involving undervalued luxury furniture.
IFSCA circular updates ITC(HS) codes for gold and silver imports via India International Bullion Exchange, aligning with recent DGFT and Finance Act changes.
IBBI rejects appeal by valuer Vipan Kumar against 3-month suspension over non-compliance in valuation report for Base Corporation’s insolvency case.
IBBI cancelled Mr. Shreegopal Govindram Mundhra’s valuer registration for suppressing pending criminal charges during his application. This action highlights integrity requirements.
Delhi’s new GST rules, effective June 2, 2025, amend valuation for corporate guarantees, streamline intimation processes, and update various forms.
Review India’s gross and net GST revenue for May 2025. Data highlights collections from domestic transactions and imports, with comparisons to the previous year and state-wise growth figures.
CBIC’s Notification 40/2025 amends the Sea Cargo Manifest and Transshipment Regulations, 2018, extending a compliance date to September 30, 2025.
India extends Free import policy for yellow peas (ITC HS Code 07131010) until March 31, 2026, removing MIP and port restrictions. Online registration required.
The Ministry of Corporate Affairs (MCA) has amended the Companies (Registration Offices and Fees) Rules, 2014, introducing a revised Form GNL-1 effective July 14, 2025, for RoC applications.
