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Finance Ministry Updates Customs Tariff Values for Palm Oil, Soya Bean Oil, Gold and Silver, and Areca Nuts [Read Notification]

The Central Board of Indirect Taxes and Customs ( CBIC ) under the Ministry of Finance issued Notification No. 17/2025-Customs (N.T.), dated March...

Postal Imports Regulations, 2025: New Rules for Clearing International Parcels Via Post [Read...

Supreme Court & High Courts Weekly Round-up [March 22nd to March 28th,2025]

Govt Exempts Import Duty on Chana (chickpeas) from April 1, 2025 [Read Notification]

CBIC deadline - Sensitive cargo - Sea Cargo Manifest rules - TAXSCAN

CBIC Extends Deadline for Sensitive Cargo Declarations under Sea Cargo Regulations to May 31, 2025...

ITAT Remits matter back to AO as Assessee was denied Sufficient Time to Respond [Read Order]

The ITAT Raipur bench of the Income Tax Appellate Tribunal ( ITAT ) remitted the income tax matter to the file of the assessing officer (AO) as the assessee was not given sufficient time to reply. ...

CESTAT: Work Rolls are Capital Goods & Eligible for Full SHIS Scrip Utilization for Import [Read Order]

The Kolkata Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) held that work rolls imported by the assessee qualify as capital goods and are eligible for full utilisation of...

New 30-Day E-Invoice Rule from April 1, 2025: What Businesses Need to Know

The Goods and Services Tax Network (GSTN) has announced that, starting April 1, 2025, all businesses with an Annual Aggregate Turnover (AATO) of Rs. 10 crore and above must report their e-invoices...

30-day e-invoice rule - GSTN e-invoicing - E-Invoice Rule 1 April 2025 - Taxscan

₹26.35 Lakh Addition on Cash Deposits during Demonetization: ITAT Orders Deletion [Read Order]

The Delhi Bench of Income Tax Appellate Tribunal (ITAT) deleted the ₹26.35 lakh addition made on cash deposits during the demonetization period noting that the Revenue Department had accepted the...

Reassessment Initiated on Incorrect Jurisdiction and Mechanical Approval: ITAT quashes Proceedings [Read Order]

The Delhi Bench of Income Tax Appellate Tribunal(ITAT) quashed the reassessment proceedings initiated under Section 147, citing incorrect jurisdiction and mechanical approval under Section 151 of...

Gurugram Court Grants Bail in Rs. 7.13 Crore GST ITC Fraud Case as Alleged Individual Gains Fall Below Rs. 5 Crore Threshold [Read Order]

In a recent ruling, a Gurugram court granted bail to two accused in a Rs. 7.13 crore GST Input Tax Credit (ITC) fraud case, primarily on the ground that their alleged individual gains fell below the...

DGFT Amends ANF-4J: New Declarations Introduced for Diamond Imprest Authorisation [Read Notification]

The Ministry of Commerce & Industry, through the Directorate General of Foreign Trade (DGFT), has issued Public Notice No. 53/2024-2025 dated March 25, 2025, announcing amendments to ANF-4J, the...

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