ICEGATE Creates Dummy Port Code “IRHMZ” for Return of Export Cargo Due to Closure of Strait of Hormuz
The Indian Customs Electronic Gateway (ICEGATE) has issued an Advisory dated 27th April 2026 regarding the handling of export cargo […]
No demand of Taxes under Reverse Charge if Tax Already Discharged by Service Provider under forward charge
The CESTAT, Hyderabad in the case of M/s Arunachala Logistics (P) Ltd. v. Commissioner of Central Tax, Hyderabad [Service Tax
Man pays Rs 11.83 lakh credit card bill, faces tax addition on entire amount as I-T dept flags it as income — ITAT steps in
Frequent or high-value credit card usage can bring you under the tax department’s radar through Statement of Financial Transactions (SFT)
New income tax rules: How to apply for lower or nil TDS/TCS via Form 128
The Income-tax Department has introduced Form No. 128, replacing the earlier Form 13, as part of the transition to the
Industry Seeks GST Cut on Premium Hotel Stays tariff above ₹7,500 from 18% to 9% to Boost Inbound Tourism
The government should reduce GST on premium hotel rooms to 9 per cent from the current 18 per cent, to
ITR filing not required: Income Tax Act 2025 allows these taxpayers to use Form 125 — check eligibility
Filing an Income Tax Return (ITR) every year can be a tedious task especially for elderly taxpayers who depend mainly on pension
India – New Zealand Free Trade Agreement Signed; Eliminates duty on 100% of Indian Exports
Key Takeaways India- New Zealand FTA eliminates duty on 100% of Indian Exports USD 20 billion investment commitment, strengthening long-term economic
Alkem Labs Slapped with Rs 333 Crore Tax Demand, Plans Appeal
Alkem Laboratories Limited has received an order from the Income Tax Department pertaining to the assessment year 2023–24, involving a
Clarification Issued on Duty Drawback for Re-export of SEZ-Supplied Goods to DTA under Section 74 of Customs Act
The Central Board of Indirect Taxes and Customs, under the Ministry of Finance, has issued Instruction No. 06/2026-Customs dated April
Bombay HC asks Centre to detail steps for GST tribunal
The Bombay high court has directed the Union finance secretary to file an affidavit, detailing steps taken to allot specific
