Latest update 21.08.2025

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Amendment

GST

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Notification no. 12/2025 – Central Tax dated 20.08.2025

CBIC issued Notification no. 12/2025 – CT dated 20.08.2025 to extend the due date for furnishing FORM GSTR-3B for July,2025 upto 27.08.2025, for the taxpayers registered in Mumbai (City), Mumbai (sub-urban), Thane, Raigad and Palghar districts of Maharashtra

Customs

Notification No. 35/2025-Customs dated 18.08.2025

CBIC issued Notification No. 35/2025-Customs dated 18.08.2025 Seeking to prescribe BCD and AIDC on Raw Cotton for a specified period.

Notification No.27/2025-Customs (ADD) dated 06.08.2025

CBIC issued Notification no. 27/2025-Customs (ADD) dated 06.08.2025 Seeking to extend ADD on ‘Woven Fabric (having more than 50% Flax content) commonly known as “Flax Fabric”’, originating in or exported from China PR and Hong Kong

Notification No.28/2025-Customs (ADD) dated 19.08.2025

CBIC issued Notification no. 28/2025-Customs (ADD) dated 19.08.2025 to extend imposition of anti dumping duty on imports of “Toluene Di-lsocyanate (TDI)” originating in or exported from European Union and Saudi Arabia

Notification No.29/2025-Customs (ADD) dated 19.08.2025

CBIC issued Notification no. 29/2025-Customs (ADD) dated 19.08.2025 to extend imposition of anti dumping duty on imports of “Fluoroelastomers (FKM)” originating in or exported from China PR

Income tax

Notification no. 134/2025 dated 19.08.2025- Income tax

CBDT issued notification no. 134/2025 dated 19.08.2025 to provide exemption u/s 10(46) of the Income tax Act, 1961 to ‘Tamil Nadu Electricity Regulatory Commission’, a body constituted by the Government of Tamil Nadu, in respect of the following specified income arising to that Commission, namely:-

Media

GST

Telangana HC pulls up state tax officers for repeated errors, terms it ‘official misconduct’

“If I were the commissioner of the state tax department, I would not have been able to sleep properly,” said Chief Justice Aparesh Kumar Singh, pointing to what he described as the lackadaisical approach of the officers.

DATE EXTENSION FOR FILING GSTR-3B

Due date for filing FORM GSTR-3B for the month of July 2025 is extended till 27th August 2025

Govt likely to revive anti-profiteering rules under GST 2.0 overhaul

The government is considering re-invoking anti-profiteering provisions for a limited period to ensure that businesses pass on indirect tax benefits to consumers, following the proposed overhaul of the goods and service tax (GST) regime, according to a senior official.

GST Council must revive anti-profiteering norms to pass rate cut

Along with taking a call on GST rate cuts, anti-profiteering provisions will have to be brought in simultaneously…

GoM yet to decide post-compensation cess alternative, says Punjab minister

The Group of Ministers on goods and services tax compensation cess held their first ever meeting Wednesday and after deliberations, could not arrive at at any meaningful alternative to compensation cess once its levy ends.

Small gaming companies to shut shop after sin tax as gamers move offshore

The online gaming industry expects small business houses to shut down their operations as gamers move to greener pastures in countries such as the UK and Sweden without any legal recourse in case of any dispute.

Centre Proposes Zero GST On Health, Life Insurance For Individuals

The Centre has proposed exempting life and health insurance premium from GST, Bihar Deputy Chief Minister and convenor of insurance GoM Samrat Choudhary said on Wednesday.


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