Customs
CAVR Review Order No. 0l/2025-Customs dt 25.09.2025
CBIC issued CAVR Review Order No. 1/2025-Customs dated 25.09.2025 for extension of validity of CAVR Order No. 01/2023-Customs under the Customs (Assistance in Value Declaration of Identified Imported Goods) Rules, 2023 in respect of Linear Alkyl Benzene
Notification No. 40/2025-Customs dated 26.09.2025
CBIC issued Notification No. 40/2025-Customs dated 26.09.2025 seeking to amend Notification No.50/2017-Customs, dated 30.06.2017
Trump Declares 100% Tariff On Pharma Imports From October 1, India May Be Hit
US President Donald Trump on Thursday announced tariffs of up to 100 per cent on imports of branded and patented pharmaceutical drugs, starting October 1, 2025.
In a major development, China has slashed the 30 percent import duty on Indian pharmaceutical products to zero.
GST
Interaction/Awareness program on next-Gen GST reforms at Indore CGST Commissionerate
OFFICE OF THE DEPUTY COMMISSIONER, DIVISION II, C.G.S.T COMMISSIONERATE, INDORE, CGO COMPLEX, SECOND FLOOR, INDORE wrote to All taxpayers inviting them to attend Interaction/Awareness program with Hon’ble Minister of State (Finance), Govt. of India on next-Gen GST reforms.
Cement firms were strategically trying to pocket GST benefit meant for consumers: Yes Securities
Cement companies were strategically attempting to pocket the GST benefit intended for consumers, noted Yes Securities in its latest industry update.
Gujarat’s restaurants caught cooking the books in 7-city GST scam
The Gujarat State Tax Department (SGST) has uncovered tax evasion in the food and restaurant sector, where several establishments across seven cities used multiple QR codes to divert payments to undisclosed bank accounts, suppressed sales by not issuing invoices, and deliberately underreported their actual turnover.
Up to 30% tax savings from GST 2.0 for households across India: FICCI
Indian households are set to benefit from tax savings of up to 27 to 30 per cent under the new GST 2.0 regime, according to a report released by the Federation of Indian Chambers of Commerce and Industry’s Committee Against Smuggling and Counterfeiting Activities Destroying the Economy (FICCI CASCADE) along with the Thought Arbitrage Research Institute (TARI).
Next-Gen GST: Export Refunds at the Crossroads
By B. Venkateswaran, IRS (Retd.), Assistant Commissioner Central GST
Income tax
Due date of filing of audit report has been extended
Due date extension
I-T raids on two poultry groups in over 20 places in TN
The Income Tax department commenced searches at properties belonging to two leading poultry firms in the western region of Tamil Nadu on Tuesday.
2 Income Tax officials sent to four years in jail for accepting bribe of ₹15 lakh
Jodhpur, A special CBI court on Friday sentenced two Income Tax officials to four years in prison for accepting a bribe of ₹15 lakh, while acquitting a jeweller accused of acting as a middleman.
Income Tax Act, 2025 – by ICAI
The Institute of Chartered Accountants of India issued Income Tax Act, 2025 including Tabular mapping of Sections vis-a-vis Income tax Act, 1961.
20.36 lakh new workers enrolled under ESI Scheme in July; 48% under 25 years
The Employees’ State Insurance Corporation (ESIC) added 20.36 lakh new employees to its rolls in July 2025, according to provisional payroll data released by the Ministry of Labour and Employment on Friday.
Book: GST – A Simple Approach – Your Easy GST Guide
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