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Month: May 2025

Press Release

CBIC celebrates ‘Sundays on Cycle’ – A fitness and GST awareness initiative in run up to completion of 8 years of GST

byAdmin18/05/202518/05/2025

In the run-up to completion of eight years of GST, the Central Board of Indirect Taxes and Customs (CBIC), in coordination with the FIT INDIA Movement, organised a nationwide cyclothon titled “Sundays on Cycle” under the aegis of FIT INDIA movement launched by the Prime Minister, Shri Narendra Modi.

Day 3 — The Bill of Entry: Foundation of Customs Assessment
Customs Article

Day 3 — The Bill of Entry: Foundation of Customs Assessment

byCA Navjot Singh18/05/202518/05/2025

Day-3 of 30-Day Series on the Customs Act 1962 and FTP 2023 by CA Navjot Singh.

Latest update 18.05.2025
Latest update

Latest update 18.05.2025

byAdmin18/05/202518/05/2025

Recap of Latest updates posted on 18.05.2025

Export Import

DGFT Notif. 7/2025-26 dt 17.05.2025

byAdmin18/05/202518/05/2025

DGFT issued Notification No. 7/2025-26 dated 17.05.2025 regarding Port restriction on import of certain goods from Bangladesh to India – Insertion of a new Para 19 under ‘General Notes Regarding Import Policy’ under ITC (HS), 2022 Schedule 1 (Import Policy).

GST in Media

Inter-state fake billing nexus busted: 2 held in ₹13.41 crore GST evasion case

byAdmin18/05/202518/05/2025

The directorate general of GST Intelligence (DGGI), Ludhiana, has uncovered a GST evasion racket involving three business entities in Mandi Gobindgarh—Aar Dee Enterprises, Aashi Steel Industries and Abhi Alloys.

Income Tax in Media

How Much Cash Can You Deposit In Savings Account Without Attracting Income Tax Notice?

byAdmin18/05/202518/05/2025

How much money can I safely deposit in my savings account before the taxman comes knocking?

Press Release

CGST Delhi South Commissionerate awarded BIS IS 15700:2018 Certification for Excellence in Public Service Delivery

byAdmin18/05/202518/05/2025

CGST Delhi South Commissionerate has been awarded the Bureau of Indian Standards (BIS) IS 15700:2018 certification, recognising its commitment to excellence in public service delivery.

GST in Media

Cooperative societies liable to pay GST if turnover exceeds Rs 20 lakh, says report

byAdmin18/05/202518/05/2025

In an attempt to bring the cooperative societies run by political parties and other organisations under the GST net, a report by the Central GST, Central Excise and Customs deputy commissioner has revealed that any cooperative society with an aggregate turnover of more than Rs 20 lakh in a particular financial year shall be liable for registration under GST.

Lawgics

Lawgics – Judgment No. 199

byNidhi Aggarwal18/05/202518/05/2025

Synopsis: Rejection of appeal on ground that appeal was not filed electronically under Rule 108 of CGST Rules, 2017 is invalid in case of non availability of order–in–original on GST portal and Appeal being filed manually.

GST Article

Appellate Authority had no power to condone delayafter expiry of one month beyond prescribed period of limitation

byCA Bimal Jain18/05/202518/05/2025

The Hon’ble Rajasthan High Court in Consultancy Services (P.) Ltd. dismissed a writ petition in limine where an appeal was filed against the assessment orders which were admittedly beyond period of limitation prescribed under the Central Goods and Service Tax Act, 2017 (“the CGST Act”).

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