FSSAI seeks feedback on draft amendments to food safety regulations addressing contaminants, toxins, and residues. Comments accepted for 60 days.
The CCI General Regulations, 2024, outline procedures for filing, translations, and expert involvement in competition law cases under the Competition Act, 2002.
Taxpayers have until Oct 31, 2024, to report ITC reversal opening balances in the new Electronic Credit Reversal and Re-claimed Statement before it locks. Amendments allowed till Nov 30.
SEBI issues Notification No. 205, amending non-convertible securities regulations, effective from September 17, 2024.
The Ministry of Finance reduces the excise duty to nil per tonne for an item under Notification No. 25/2024, effective 18th September 2024.
DGFT revises Interest Equalisation Scheme, capping subvention amounts for IEC holders until 30th Sept 2024. MSME and exporters to comply with new limits.
CBDT raises monetary limits for tax appeals: Rs. 60 lakh for ITAT, Rs. 2 crore for High Court, and Rs. 5 crore for Supreme Court, to reduce litigation.
CBIC weekly update covers GST Council decisions, extended export benefits, DGGI conference highlights, and IRS officer’s triathlon achievement.
New CBIC circular implements automation for EOUs under Customs Rules, effective September 25, 2024, addressing registration and clearance issues.
The new GST Invoice Management System (IMS) simplifies invoice handling for taxpayers. Accept, reject, or defer invoices and manage GSTR-2B.
