Latest update 28.06.2025

gst latest update

A. Amendment

Notification No.21/2025-Customs (ADD) dated 26.06.2025

Advertisements

CBIC issued Notification no. 21/2025-Customs (ADD) dated 26.06.2025 Seeking to impose ADD on Plastic Processing Machinery, originating in or exported from China PR and Taiwan

Notification No. 04/2025- Customs (CVD) dated 26.06.2025

CBIC issued Notification no. 04/2025 – Customs (CVD) dated 26.06.2025 Seeking to impose CVD on imports of ‘Effect pearlescentpigments or mica pearlescent pigments, excluding effect pigments for automotive applications’ originating in or exported from China PR.

Notification No. 05/2025- Customs (CVD) dated 27.06.2025

CBIC issued Notification no. 05/2025 – Customs (CVD) dated 27.06.2025 Seeking to impose CVD on Digital Offset Printing Plates, originating in or exported from China PR and Taiwan

Book: GST Refund A Practical Guide

DGFT Notif. 21/2025-26 dt 27.06.2025

DGFT issued Notification No. 21/2025-26 dated 27.06.2025 regarding Port restriction on import of certain goods from Bangladesh to India under ITC (HS), 2022 Schedule 1 (Import Policy)

DGFT-Public Notice No. 13/2025-26 dated 25.06.2025

DGFT issued Public Notice No. 13/2025-26 dated 25.06.2025 regarding Amendment under Appendix 2T (List of Export Promotion Councils/Commodity Boards/Export Development Authorities) of Appendices and ANFs of FTP 2023

B. Tax in media

New India Assurance gets GST demand notice of ₹2,298 crore

New India Assurance Company Ltd on Thursday said tax authorities have issued a show cause notice with a demand of ₹2,298 crore Goods and Services Tax (GST) for five financial years.

List of banks for tax payments as on 27.06.25

The list of banks available for e-Pay Tax service at e-Filing portal is provided in the Latest Updates

Under I-T Lens: 1.6 Lakh Tax Returns Set For Scrutiny; M&A Discrepancies Among Red Flags — Profit Exclusive

In a major compliance drive, the Income Tax Department has selected around 1.65 lakh cases for scrutiny for assessment year 2025, ahead of the June 30 deadline — the last date to issue notices for ITRs filed in FY 2024–25.

Oman income tax: 5% levy on high earners from 2028; 99% population to remain unaffected

Oman announced the introduction of personal income tax, targeting high-income individuals, as part of a broader fiscal reform initiative under its Vision 2040 strategy.

Book: Analysis of GST Returns interlinking of returns for compliance enhancement

Oman DTAA: Withholding tax rates lowered

India and Oman have amended their double taxation avoidance agreement (DTAA), expanding the definition of permanent establishment to cover digital and service-based operations.


See Webinar | Videos Watch here | Follow us at Twitter | Support us contribute | Subscribe Newsletter | Buy Books/


Book: Demystifying GST for the Real Estate Sector

Share this content:

Leave a Reply

Your email address will not be published. Required fields are marked *