Centre lowers import duty on select food items from US
The Finance Ministry has lowered the basic customs duty on select items such as apples, almonds, lentils and chikpeas imported […]
export import, News
Important News, Income Tax
Income Tax Department Releases Advance Tax Calculator for FY 2023-24
The Income Tax Department has released the Advance Tax Calculator for the Financial Year 2023-24, as amended upto the Finance
GST Recent News
3 Shemaroo officials held for ₹70 crore GST fraud, get bail
Three officials of Shemaroo Entertainment – CEO Hiran Gada, joint managing director Atul Maru and chief financial officer Amit Haria
GST Recent News
Delhi High Court: Issuing fake GST invoices, e-way bills economic offences
The Delhi High Court has observed the seriousness of issuing fake invoices and e-way bills for GST evasion, categorising it
DGFT, News
Joint Director General Of Foreign Trade, 2 Others Arrested In Bribery Case
The Central Bureau of Investigation (CBI) has arrested Joint Director General of Foreign Trade N Ramesh posted at Visakhapatnam in
GST Law, Important Pronouncements
GST Audit cannot be conducted after closure of business
The Hon’ble Madras High Court in Tvl. Raja Stores v. The Assistant Commissioner (ST), West Veli Street Circle [W.P.(MD). No.
GST Law, Important Pronouncements
GST Audit cannot be conducted after closure of business
The Hon’ble Madras High Court in Tvl. Raja Stores v. The Assistant Commissioner (ST), West Veli Street Circle [W.P.(MD). No.
GST Law, Important Pronouncements
Supreme Court Stays Karnataka High Court Verdict Quashing GST Department’s ₹21,000 Crore Claim Against Gameskraft; Order Copy Available for Download
The Hon’ble Supreme Court, in the case of Directorate General of Goods and Services Tax Intelligence and Ors v. Gameskraft
ICAI, Important News
ICAI released updated FAQs on Unique Document Identification Number (UDIN)
The Institute of Chartered Accountants of India (“ICAI”) released the updated Frequently Asked Questions (“FAQs”) on the Unique Document Identification
Important News, Income Tax
Income Tax Department Releases Updated Offline Utility for Forms 3CA-3CD and 3CB-3CD
The Income Tax Department released an updated common offline utility on September 6, 2023, for Forms 3CA-3CD and 3CB-3CD. Form