Finance Ministry Continues ADD on 'Digital Offset Printing Plates' Imports from China, Japan, Korea, and Others [Read Notification]
The Ministry of Finance issued Notification No. 28/2024-Customs (ADD) dated December 26, 2024, announcing the continuation of an anti-dumping duty...
![Finance Ministry Announces No Deduction of Income Tax on Payments Received by Credit Guarantee Fund Trust for MSMEs [Read Notification]](https://www.taxscan.in/wp-content/uploads/2024/12/Finance-Minister-Deduction-of-Income-Tax-Credit-Guarantee-Fund-Trust-Taxscan.jpg "Finance Ministry Announces No Deduction of Income Tax on Payments Received by Credit Guarantee Fund Trust for MSMEs [Read Notification]")
Finance Ministry adds New Tariff item under 'MINERAL PRODUCTS' in Central Excise Act [Read Notification]
The Ministry of Finance, specifically the Department of Revenue has issued Notification No. 26/2024-Central Excise, dated October 24, 2024. This notification has been released under the authority...
India Imposes $217/MT Anti-Dumping Duty on Isopropyl Alcohol Imports from China and Multiple Nations [Read Notification]
With an aim to safeguard the domestic industry, India has imposed an anti-dumping duty of $217 per metric ton on imports of isopropyl alcohol (tariff item 2905 12 20) from China and several other...
CBIC Imposes $234/MT Anti-Dumping Duty on Unframed Glass Mirrors to Safeguard Domestic Industry; Framed Glass Mirrors Excluded [Read Notification]
The Central Board of Indirect Taxes and Customs ( CBIC ) has imposed an anti-dumping duty ( ADD ) of $234 per metric ton on imports of "Unframed Glass Mirrors," classified under tariff item 7009 91...
Aircraft Operators Required to Transfer Passenger Data 24 Hours Prior to Departure and at Wheels-Off Time: CBIC Amends PNR Regulations [Read Notification]
The aircraft operators are required to transfer the passenger data 24 hours prior to the departure and the wheels off time, as per the new amendment notified by the Central Board of Indirect Taxes (...
CBDT exempts Payments from RBI from Income Tax TCS Requirement under Section 206C [Read Notification]
On October 16, 2024, the Central Board of Direct Taxes (CBDT), through a notification issued under the Ministry of Finance, clarified that any payments received from the Reserve Bank of India (RBI)...
CBDT notifies New Form 12BAA for Employees to Report Income beyond Salaries and House Property Losses [Read Notification]
The Central Board of Direct Taxes ( CBDT ), vide Notification G.S.R. 639(E) dated 15th October 2024 has introduced new Income Tax Form 12BAA for the employees to report the income other than salaries...
