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April 21, 2025 Uncategorized 0

CBIC Notification Alters Valuation Rules Under Section 14(2)

Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Indirect Taxes and CustomsNotification No. 23/2025-CUSTOMS (N.T.) New Delhi, 8th April, 2025 18 Cha

April 21, 2025 Uncategorized 0

CBIC Notifies CGST (Second Amendment) Rules, 2025 Under Section 164

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS NOTIFICATION No. 11/2025–Central Tax <

April 21, 2025 Uncategorized 0

Clarifications on Availing Benefit Under Section 128A of CGST Act

Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Indirect Taxes and CustomsGST Policy WingNorth Block, Ne

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Customs Issues Instruction to Close Attari Integrated Check Post for All Movements Amid Security Alert April 29, 2025
Govt of India has ordered the closure of the Integrated Check Post (ICP) at Attari on the India-Pakistan border in Punjab, with immediate effect, following a terrorist attack on tourists at Pahalgam on April 22, 2025....
Ministry of Finance Revises Authorized Banks for Customs Duty Collection April 29, 2025
The Ministry of Finance (Department of Revenue) has issued Notification No. 24/2025-Customs, introducing key amendments to the long-standing Notification No. 50/2017-Customs, originally dated June 30, 2017. ...
CBDT Sets Aggressive Rs 2.4 Lakh Crore Target to Unearth Black Money in FY 2025-26 April 29, 2025
In a bold move to curb black money and strengthen the formal economy, the CBDT has unveiled an aggressive action plan for the fiscal year 2025-26....
Commercial Taxes Inspector Arrested for Rs 20 Lakh Bribe in Paan Masala Smuggling April 28, 2025
In a major crackdown on corruption, the Lokayukta police arrested a commercial taxes department inspector, Nijanandamurthy M.R., for allegedly accepting a ₹20 lakh bribe to facilitate the illegal transportation of paan masala consignments into Bengal...
RBI Revises FEMA Compounding Rules: Penalty Capped at Rs 2 Lakh April 28, 2025
RBI has introduced a key amendment to its compounding framework under the Foreign Exchange Management Act (FEMA), 1999. As per A.P. (DIR Series) Circular No. 04/2025-26...
Faceless IT Scheme Sabotage: CBI Arrests Senior IRS Officer, Private Individual April 26, 2025
CBI arrests two accused including an IRS Officer and a private person on allegations of involvement in sabotaging the Faceless Scheme of Income Tax Assessment...
Direct Tax Collections Rise 13.57% in FY 2024-25 April 26, 2025
Direct tax collections for the financial year 2024-25 have recorded a significant upswing, with net collections reaching Rs 22.26 lakh crore as of March 31, 2025, according to provisional data released by CBDT...
CBIC Assigns Customs Authorities to Adjudicate High-Profile Show Cause Notices Involving Top Companies April 26, 2025
CBIC has issued Notification No. 29/2025-Customs (N.T.) dated 24th April 2025, delegating adjudication powers to various commissioners within the Mumbai Customs Zones I to III....
Finance Ministry Includes I4C Under PMLA to Fight Money Laundering Linked to Cybercrime April 26, 2025
Ministry of Finance has notified the inclusion of the Indian Cyber Crime Coordination Centre (I4C) under the list of agencies authorized to receive information under the PMLA 2002....
College Girl Gets GST Notice Over Rs 35 Crore Deposited in Her Account April 26, 2025
In a shocking revelation, a massive GST scam involving a Mumbai college girl has come to light after she received a notice from the GST department over Rs 35 crore in bogus transactions. ...

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Category: Uncategorized

CBIC Notification Alters Valuation Rules Under Section 14(2)

CBIC Notifies CGST (Second Amendment) Rules, 2025 Under Section 164

Clarifications on Availing Benefit Under Section 128A of CGST Act

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