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Kavi Priya
Content writer at Taxscan with a passion for clear, engaging legal content. I simplify tax and law topics while sharpening my research and communication skills.
![RBI Amends FEMA Regulations to Permit Temporary Export of Offshore Support Vessels with Re-import Requirement [Read Notification] RBI Amends FEMA Regulations to Permit Temporary Export of Offshore Support Vessels with Re-import Requirement [Read Notification]](https://images.taxscan.in/h-upload/2025/07/05/500x300_2059490-reserve-bank-of-india-foreign-exchange-management-act-temporary-export-taxscan.webp)
RBI Amends FEMA Regulations to Permit Temporary Export of Offshore Support Vessels with Re-import Requirement [Read Notification]
The Reserve Bank of India (RBI) issued Notification No. FEMA 23(R)/(6)/2025-RB dated June 24, 2025, amending the Foreign Exchange Management (Export...
Reopening Based on Information in Audited Statements Invalid: Madras HC Finds No Failure by Company to Disclose Material Facts
In a recent ruling, the Madras High Court held that reopening the assessment of Sterling Tree Magnum India Ltd was invalid as the reassessment was based solely on information already available in...
No Double GST Action on Same Issue: Karnataka HC Quashes State Notice to Toyota Kirloskar Amid Central Proceedings [Read Order]
In a recent ruling, the Karnataka High Court quashed a State GST ( Goods and Services Tax ) notice issued to Toyota Kirloskar Auto Parts Pvt. Ltd., holding that the State authorities could not...
CBIC Mandates EPR Registration for Plastic Importers Following Expanded Plastic Definition [Read Notification]
The Central Board of Indirect Taxes and Customs (CBIC) issued Instruction No. 21/2025-Customs dated July 2, 2025, making it mandatory for all importers of plastic raw materials to register on the...