Latest update 29.10.2024

A. Amendment

Corrigendum dt 25.10.2024 to Circular no. 237/31/2024-GST dated 15.10.2024

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Central Board of Indirect Taxes and Customs (CBIC) issued Corrigendum on 25.10.2024 to Circular no. 237/31/2024-GST dated 15.10.2024

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DGFT-Public Notice No. 28/2024-25 dated 28.10.2024

Directorate General of Foreign Trade (DGFT) issued Public Notice No. 28/2024-25 dated 28.10.2024 for Modification of SION F-125 for export of Shea Stearine.

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DGFT Notif. 39/2024-25 dt 28.10.2024

DGFT issued Notification No. 39/2024-25 dated 28.10.2024 on Alignment of RoDTEP Schedule consequent to change in the First Schedule of Customs Tariff Act w.e.f 01.10.2024.

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B. Article by CA Bimal Jain

Two different authorities cannot pass the two orders for confirming demand and dropping demand

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GST applicable on Car facility extended to employees when the amount of car lease incurred by the company is recovered from employees

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Orders signed by same officer in dual capacity not maintainable

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Date of online acknowledgement of appeal filed be considered as the date of filing appeal

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C. Tax in Media

Rs 8,000 cr GST scam shocker: 246 fake companies, 13 states and a mastermind

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Govt should prioritise review of Income Tax Act, get it passed as money bill: SBI Research

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ITR filing deadline extended to November 15, 2024 for these taxpayers

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Relief for middle class: Govt may hike VPF tax-free interest limit soon

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