CBIC withdraws Circular No. 29/2020-Customs on transshipment of export cargo from Bangladesh to third countries via Indian land customs routes.
CBIC updates tariff values for edible oils, brass scrap, gold, silver, and areca nuts with no changes in existing rates. Effective from April 9, 2025.
NPCI updates NACH mandate cancellation, enabling any sponsor bank to process. Banks/corporates responsible for data accuracy and confirmation. Effective 4/4/25.
India’s Commerce Department instructs SEZ Development Commissioners to submit detailed monthly performance reports by the 9th of each month.
CBIC reports strong March 2025 GST revenue, timely officer transfers, and launch of ‘Aakalan’ performance dashboard.
Indian government sets new validity periods for receiving and utilizing foreign contributions under FCRA, impacting existing and future approvals.
IBBI Suspends IP for failure to preserve and protect assets of corporate debtors, non-determination of avoidance transactions, diversion of funds, improper adjudication of claims and overcharging of fees
CBIC clarifies customs duty on IFPDs vs. monitors, removing IGCR condition and providing technical guidance for classification.
Indian government revises central excise duty on petrol to Rs. 13/litre and diesel to Rs. 10/litre, effective April 8, 2025.
CBIC assigns post-GST legacy excise and service tax appeals to designated officers for adjudication. Details available in attached official Annexure.
