Webinar: Recent updates in GST & Income tax – June25
Webinar is arranged on 4th June 2025 to discuss about the recent change in GST and income tax
Month: May 2025
Book: GST Smart Guide
GST Smart Guide book by Ramesh Chandra Jena 4th Edition 2025 is available
DAY 12 │ THE COMPLETE GUIDE TO CUSTOMS ADVANCE RULINGS
Day 12 article out of 30 articles in 30 days. This one is on Customs Advance Ruling
Monthly review of accounts of Government of India for April 2025 (FY2025-26)
The monthly account of the Government of India for the month of April 2025 has been consolidated and reports published.
DGFT-Public Notice No. 08/2025-26 dated 30.05.2025
DGFT issued Public Notice No. 08/2025-26 dated 30.05.2025 regarding Enlistment under Appendix 2E of FTP, 2023 –Agency Authorized to issue Certificate of Origin (Non – Preferential).
Excel Utilities of ITR-1 and ITR-4 for AY 2025-26 is available in the portal
The Income tax portal made excel utilities of ITR-1 and ITR-4 for AY 2025-26 available on 30.05.2025.
Fresh demand for reversal of the same ITC is not valid merely because it was reversed beyond the prescribed time
The Hon’ble Gujarat High Court in Ajay Industries & Anr. held that once ITC is reversed prior to issuance of a SCN, the authorities cannot raise a fresh demand on the same amount without verifying GSTN data.
HSN wise summary of outward supplies
GSTN has enabled facility to report HSN separately for B2B supplies and for B2C supplies. HSN is allowed to be selected from the dropdown only. Manual entry of HSN will not be available.
