A. Amendment
Circular No. 27/2024- Customs dated 23.12.2024
CBIC issued Circular no. 27/2024-Customs dated 23.12.2024 to enable Voluntary Payment electronically on ICEGATE e-payment Platform.
DGFT-Public Notice No. 35/2024-25 dated 24.12.2024
DGFT issued Public Notice No. 35/2024-25 dated 24.12.2024 on Import of Menthol under Advance Authorisation/ DFIA.
DGFT Notif. 42/2024-25 dt 05.12.2024
DGFT issued Notification No. 42/2024-25 dated 05.12.2024 regarding Export of Broken Rice to Senegal and Gambia through National Cooperative Exports Limited (NCEL).
Book: GST Law and Commentary with Analysis and Procedures (Set of 4 Volumes)
DGFT Notif. 43/2024-25 dt 24.12.2024
DGFT issued Notification No. 43/2024-25 dated 24.12.2024 regarding Extension in Import Period for Yellow Peas under ITC(HS) Code 07131010 of Chapter 07 of ITC(HS) 2022, Schedule -I (Import Policy).
B. Tax in Media
GST on turbine fuel will cause fiscal crisis in states, says Cheema
Punjab finance minister Harpal Singh Cheema on Monday opposed the agenda of bringing air turbine fuel (ATF) under the ambit of Goods and Services Tax (GST) saying that it would pave the way for removing petroleum products from the Value Added Tax (VAT).
India’s $32-billion pre-owned cars market is expected to witness a slowdown after the Goods and Services Tax (GST) Council decided to increase the tax rate on used cars from 12 percent earlier to 18 percent now, according to several industry stakeholders.
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