From 2025, GST returns cannot be filed after three years from the due date. Taxpayers are advised to reconcile records and file pending returns soon.
CBIC amends Customs Notification No. 63/1994, adding the Ultapani-Sarpang route via Saralpara for trade with Bhutan, effective October 29, 2024.
IFSCA clarifies investment restrictions for retail schemes in IFSCs, easing limits on unlisted securities and fund-of-funds disclosures.
RBI announces new governance and operational directions for Central Counterparties to enhance compliance and management standards.
The DGFT updates RoDTEP Schedule with new tariff lines and modifications effective October 1, 2024, aligning with Customs Tariff Act changes.
DGFT amends SION E-125 for Shea Stearine export, detailing new import quantities effective October 28, 2024.
TNGST Act Notification No. 3/2024 sets turnover limits for Deputy State Tax Officers, effective November 1, 2024, for assessment and adjudication.
New list of high-value, used medical equipment for import, excluding critical care devices, released with import conditions. Check updated 2024 guidelines by CBIC.
Amendment in Central Excise Notification 11/2017: New tax rates for Blended Aviation Turbine Fuel under the RCS-UDAN scheme. Effective from October 29, 2024.
CBIC initiates a program to enhance behavioral skills and sensitivity among 35,000 officers nationwide, alongside efforts in anti-evasion and customs advancements.