Latest update 14.07.2025

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GSTAT-Office Order no.114/2025 dt 30.06.25 | Dress Code during GSTAT Proceedings

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GST Appellate Tribunal, Principal Bench, New Delhi issued Officer Order dated 30.06.2025 prescribing the dress code to be followed during the proceedings in GSTAT

Draft for Feedback – Directions related to Closure of Shipping Bills in EDPMS

Reserve Bank of India introduced the EDPMS to monitor the realisation of funds against exports in February, 2014.

US tariffs: Trump announces 30% duties for EU and Mexico; cites fentanyl crisis and trade deficits as the reason

US President Donald Trump announced on Saturday that starting 01.08.2025, goods imported from both Mexico and the European Union will be subject to a 30% tariff.

Uno Minda Faces ₹52.97 Lakh Penalty, Fine in Customs Order

Uno Minda Limited has received an order from the Office of the Commissioner of Customs, Chennai-II, Import, concerning the misclassification of HSN (Harmonized System of Nomenclature) on imported goods.

Tata Power hit with Rs 2.4 lakh penalty by UP Govt over tax document discrepancies

Tata Power has received a penalty of Rs 2,40,000 from Uttar Pradesh’s Deputy Commissioner of State Tax. The penalty comes regarding a matter of transportation of goods by the company, with some discrepancies in the accompanying documents. 

Tax refunds surge 474% since 2013, outpacing growth in tax collection and ITR filings: Sources

Income tax refunds issued by the government have jumped by a staggering 474 percent over the last decade, from Rs 83,008 crore in FY14 to Rs 4,76,743 crore in FY25, sources told Moneycontrol citing official data from the Principal Chief Controller of Accounts (PrCCA) and the Central Board of Direct Taxes (CBDT).


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