A. Amendment
DGFT-Public Notice No. 40/2024-25 dated 15.01.2025
DGFT issued Public Notice No. 40/2024-25 dated 15.01.2025 regarding Standard Operating Procedure / Guidelines for Voluntary Disclosure of Non Compliance /Violations related to Export of SCOMET items and SCOMET Regulations.
DGFT-Public Notice No. 41/2024-25 dated 15.01.2025
DGFT issued Public Notice No. 41/2024-25 dated 15.01.2025 regarding Addition of new Laboratory in Para 4.73 of the Handbook of Procedures, 2023.
DGFT Notif. 50/2024-25 dt 13.01.2025
DGFT issued Notification No. 50/2024-25 dated 13.01.2025 on Notification of Schedule II (Export Policy) of ITC(HS) 2022, in sync with Finance Act 2024 dated 16.08.2024.
B. Notes
Lawgics – Judgment No. 187
Orders issued under Section 73 of the CGST/SGST Acts must carry the digital or manual signature of the officer passing the order in order to treat the order to be a valid order for the purposes of the CGST/SGST Acts.
The Department can proceed under Section 35(6) or 73 or 74 of the UPGST Act instead of Section 130 of the UPGST Act, for excess stock of material on the basis of eye estimation during inspection.
C. Tax in Media
Now a Goods and Service Tax (GST) proper officer can’t arbitrarily arrest a GST registered person due to a recent amendment in GST arrest instructions. Moreover, now GST proper officers have to explain to the taxpayers about the ‘grounds of arrest’ and also obtain a written acknowledgement from them about their understanding of the explanation.
Delhi High Court grants GST relief to Electricity Regulatory Commissions
The Delhi High Court has delivered a significant judgment granting goods and services tax (GST) relief to the Central Electricity Regulatory Commission (CERC) and the Delhi Electricity Regulatory Commission (DERC).
Strong case for GST reduction on two-wheelers up to 125 cc to 18 pc, says Hero MotoCorp CEO
There is a strong case for GST reduction on two-wheelers up to 125 cc as these cater to non-sin goods but mobility option for masses in the country, Hero MotoCorp CEO Niranjan Gupta said on Wednesday.
Budget 2025: Is merging old and new income tax regimes a good idea?
As the Union Budget 2025 approaches, the country’s vast middle class population is eagerly awaiting announcements related to income tax.
Webinar; TDS Rate & related Income tax
- Changes w.e.f. 01.04.2025
- TDS Rates & Types of returns
- Nature of TDS notices
- How to reply to them
- Vodafone judgment
- Amazing Notes on TDS Rate Chart
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