GMDC Q4 profit falls 14%; FY26 earnings lifted by ₹522 cr GST-linked ITC gains
The Gujarat Mineral Development Corporation (GMDC), one of India’s largest lignite miners, reported a 14% year-on-year decline in consolidated net
GSTAT is now operational with nationwide benches and an appeal system to ease GST litigation burden
In a major step towards streamlining India’s indirect tax dispute resolution architecture, the Goods and Services Tax Appellate Tribunal (GSTAT)
CBDT Revises Monetary Limits for Jurisdiction of Wards & Circles in JAO Charges: Corporate Returns Threshold Raised to Rs. 70 Lakhs, Non-Corporate (Non-Salary) to Rs. 40 Lakhs and Non-Corporate (Salary) to Rs. 30 Lakhs; Revised Limits Effective Immediately
The Office of the Principal Chief Commissioner of Income Tax (CCA), Central Revenue Building, I.P. Estate, New Delhi, vide Office
India’s Total Exports (Merchandise & Services) Estimated at US$ 80.80 Billion in April 2026, Registering a Robust Growth of 13.59% over April 2025; Merchandise Exports Up 13.78%; Trade Deficit Narrows to US$ 7.81 Billion
The Ministry of Commerce and Industry, Government of India, vide Press Release dated May 15, 2026 (Release ID: 2261383 by
CBIC Extends Validity of Section 143AA Customs Circulars up to 30.06.2026: Continued Trade Facilitation amid Maritime Disruptions Caused by Closure of the Strait of Hormuz
The Central Board of Indirect Taxes and Customs (CBIC), Department of Revenue, Ministry of Finance, vide Circular No. 25/2026-Customs dated
CBDT grants Approval to M/s Shree Hari Arogyam Foundation, Gandhinagar (Gujarat) for ‘Scientific Research’ under Clause (iia) of Section 35(1) of the IT Act read with Rule 5F of the IT Rules, for Five AYs from 2026-27 to 2030-31
The Principal Chief Commissioner of Income Tax (Exemptions), New Delhi, on behalf of the Central Board of Direct Taxes (CBDT),
CBIC Operationalises System-Based Identification of Hazardous Cargo at the Bill of Entry Stage: Mandatory Item-Level Declaration with Auto-Flagging in ICES and RMS Facilitation; Annexure-A Lists 68 Specified Hazardous Goods; To Be Rolled Out Across All Customs Formations by 01.07.2026
The Central Board of Indirect Taxes and Customs (CBIC), Department of Revenue, Ministry of Finance, vide Circular No. 24/2026-Customs dated
DGFT Clarifies Eligibility under RELIEF Component-II of Export Promotion Mission: Benefit Extended to Exporters Obtaining New ECGC Whole Turnover Policy On or After 16.03.2026
The Directorate General of Foreign Trade (DGFT), Department of Commerce, Ministry of Commerce and Industry, vide Policy Circular No. 01/2026-27
CBIC Reconstitutes Authority for Advance Ruling for Union Territory of Chandigarh under Section 15 of the UTGST Act, 2017: Members for Sl. No. 2 Substituted
The Central Government, on the recommendations of the Goods and Services Tax Council and in exercise of the powers conferred
DGFT Tightens Gold Import Framework: Five New SION Notes Inserted under M-1 to M-8 of Gems & Jewellery Group; AA Capped at 100 Kg with Mandatory Inspection and Periodic Reporting
The Directorate General of Foreign Trade (DGFT), Department of Commerce, Ministry of Commerce and Industry, vide Public Notice No. 11/2026-27
