News

The Reserve Bank of India’s Monetary Policy Committee (MPC), chaired by Governor Sanjay Malhotra, met from June 4-6, 2025, ...
1. (1) These rules may be called the Companies (Accounts) Second Amendment Rules, 2025. (2) They shall come into force with ...
let’s view summary of tables to be reported in GSTR-1. 1. Taxable No. 4 outward supplies made to registered persons ...
The statutory time frame provided to a taxpayer for filing an appeal before GSTAT is Three (3) months from the date of ...
The Delhi Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) held that customs officers cannot alter the FOB value of export goods, as it reflects the transaction value mutually ...
The Institute of Chartered Accountants of India (ICAI), through its Committee for Aggregation of CA Firms (CACAF), has released an Exposure Draft detailing proposed Guidelines for Overseas Network.
Reference is invited to the CBIC Instruction No. 22/2024-Customs dated 16.10.2024 and FSSAI Office Order dated 19.05.2025 issued from File No: TIC/1/2024-IMPORTS-FSSAI (copy attached) on the above ...
2. Paragraph 5.2 of the said circular, inter-alia, specified that VCFs with schemes whose liquidation period has expired and are not wound up and who migrate to AIF Regulations shall be granted an ...
CESTAT Delhi held that rent-a-cab operator [service provider] is not liable to pay service tax in terms of Notification No. 30/2012. Notably, service tax is already discharged by service recipient ...
Initially introduced via RBI’s notification dated 7 November 2017 for foreign investment reporting defaults, this mechanism was later extended to cover External Commercial Borrowings (ECBs) from 16 ...
Stallion Solutions, a partnership firm engaged in IT and networking solutions, sought an advance ruling on the classification ...
As announced in the Monetary Policy Statement dated June 06, 2025, it has been decided by the Monetary Policy Committee (MPC) to reduce the policy repo rate under the Liquidity Adjustment Facility ...