Demand of tax after voluntary ITC reversal, amounts to double taxation; no interest where sufficient balance exists in E-Credit Ledger
The Hon’ble Orissa High Court in the case of Manoja Kumar Nayak & Anr. v. Commissioner, GST & Central Excise […]
Income-Tax (Amendment) Ordinance, 2026: Interest and Capital Gains on Government Securities Fully Exempted for Foreign Institutional Investors and Bank for International Settlements
The President of India, Smt. Droupadi Murmu, has promulgated The Income-tax (Amendment) Ordinance, 2026 (Ordinance No. 2 of 2026) on
Mandatory Personal Hearing under Section 75(4) Cannot Be Waived if taxpayer wrongly selected ‘No’ for personal hearing in SCN Reply
The Hon’ble Gujarat High Court in the case of Komal Jayeshbhai Hemavat v. State Tax Officer (4) & Anr. [R/Special
SC GST ruling on online gaming may cast wider tax net over casinos, horse racing
The recent Supreme Court (SC) judgment on online gaming and betting is expected to have wider implications across gambling, horse
2 Delhi Bcom graduates held by UP STF in multi-state GST fraud network; accused of facilitating crores in tax evasion
Uttar Pradesh Special Task Force (STF) has arrested two Delhi-based B-Com graduates allegedly involved in creating a network of bogus
CBIC Streamlines Mechanism for Customs Field Formations to Seek FTP Clarifications from DGFT: Direct References to DGFT Prohibited; Structured Escalation Protocol Mandated
The Central Board of Indirect Taxes & Customs (CBIC), Ministry of Finance, has issued Instruction No. 07/2026-Customs dated June 02,
Delhi Notifies GST Rule Amendments: Temporary Identification Number for Non-Registerable Persons, Revised Form GST REG-12, and Streamlined Challan Generation under Delhi GST Rules
The Government of National Capital Territory of Delhi has issued Notification No. 07/2025-State Tax dated 21st May, 2026, amending the
DGFT Broadens QCO/BIS Exemption for SEZ Units and Developers: FTP 2023 Amended to Cover All Permissible Imports for Authorised SEZ Operations
The Directorate General of Foreign Trade (DGFT), Ministry of Commerce & Industry, Government of India, has issued Notification No. 20/2026-27
DGFT Tightens Import Controls on Silver: Non-Bank Agencies Now Required to Hold DGFT Import Authorisation for Silver Imports under Chapter 71
The Directorate General of Foreign Trade (DGFT), Ministry of Commerce & Industry, Government of India, has issued Notification No. 19/2026-27
Government Reconstitutes Board of Trade: 40 Non-official Members from Industry, Trade, and Professional Bodies Nominated to Boost India’s Export Strategy
The Ministry of Commerce and Industry, Government of India, has issued Notification No. 18/2026-27 (S.O. (E)) dated 2nd June, 2026,
