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Union Budget 2025-26: Customs Reforms & GST Surge

February 4, 2025 654 Views 0 comment Print

The Union Budget 2025-26 introduces customs reforms to boost trade and domestic manufacturing. January GST collections hit ₹1.95 lakh crore, reflecting strong growth.

Export of De-Oiled Rice Bran Prohibited Till 30th September 2025

February 4, 2025 243 Views 0 comment Print

The Indian government prohibits the export of de-oiled rice bran until September 30, 2025, under the revised export policy. Learn about the updated regulations.

Corrigendum to Customs Notification No. 50/2024 Issued

February 3, 2025 342 Views 0 comment Print

The Ministry of Finance corrects a customs notification, revising tariff item “20042110” to “22042110” in Notification No. 50/2024, dated December 30, 2024.

MoCA Updates on GST Exemption for Foreign Airlines Services

February 1, 2025 708 Views 0 comment Print

MoCA shares details on the GST exemption for foreign airlines services based on 2024 recommendations, with updates on designated airlines and conditions.

Gross and Net GST revenue collections for the month of Jan, 2025

February 1, 2025 1350 Views 0 comment Print

GST revenue growth in India for January 2025 shows steady increase in gross and net collections. Detailed breakdown of collections, refunds, and state-wise data.

CBIC Extends Date for Additional Duty on Unblended Diesel

February 1, 2025 426 Views 0 comment Print

Govt extends provisions under Excise Notification 11/2017 from 2025 to 2026. Changes take effect on February 2, 2025.

Customs Notification 07/2025: Quarterly Reporting Rules

February 1, 2025 618 Views 0 comment Print

CBIC amends Customs IGCR Rules, 2022 to extend reporting timelines from monthly to quarterly and revise submission deadlines.

Customs Notification 13/2025: Amendment to Import Rules

February 1, 2025 465 Views 0 comment Print

Govt amends Customs Notification 153/94, updating classifications under chapters 86, 88, and 89. Changes effective from February 2, 2025.

Customs Notification 12/2025: Ammunition Import Amendment

February 1, 2025 279 Views 0 comment Print

Govt modifies Customs Notification 19/2019, updating classifications for ammunition imports. Changes effective from February 2, 2025.

Budget 2025 Amends Duty Exemption for Lithium Battery

February 1, 2025 588 Views 0 comment Print

Budget 2025 amends notification to exempt more capital goods from basic customs duty for lithium-ion battery manufacturing for mobiles and EVs.

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