Customs, excise mop-up likely to see Rs 1-trillion shortfall in FY23
The Centre is staring at a combined shortfall of up to ₹1 trillion in excise and Customs revenues in the […]
GST Recent News
News
Glitches in MCA portal: CAs, CS seek extension in annual filing deadline
In a multi-city protest on Monday, a large number of company secretaries (CS) and chartered accountants (CAs) came together to seek extension
GST Recent News
Man held for fraudulently claiming refund of more than Rs 27 cr from fake input tax credit
A 26-year-old man has been arrested by the Maharashtra Goods and Services Tax (GST) department for fraudulently claiming a refund
News, Notification And Circular, Notification and Circular
Govt reduces windfall tax on crude oil; hikes export levy on diesel, ATF
The Centre has reduced the windfall tax on crude oil to ₹9,500 a tonne from ₹11,000 earlier. This change is
GST Recent News
Telangana artisans sent postcards to PM Modi in a peaceful protest against GST on handloom products
Thousands of handloom weavers across the state of Telangana sent postcards to Prime Minister Narendra Modi in a peaceful protest against the
Important News
Due to non-filing of GSTR-1, the GST Common Portal restricts GSTR-3B
The GST Common Portal is NOT ALLOWING TO OPEN GSTR-3B of October, if GSTR-1 for the same tax period i.e.
Notification and Circular, Notification And Circular
CBDT issued draft Common Income Tax Returns and invites comments
The CBDT vide F No 370133/16/2022-TPL dated November 01, 2022, has issued the draft common income tax returns request for
Notification And Circular, Notification and Circular
CBIC exempts several varieties of rice from export duty
The CBIC issued Notification No. 55/2022-Customs on October 31, 2022, prescribing a nil rate of export duty on rice in
Notification And Circular, Notification and Circular
CBIC prescribed a mechanism for implementing an additional excise duty on the sale of unbranded petrol
The CBIC vide Circular No. 1085/06/2022-CX dated October 31, 2022, prescribes a mechanism for implementing an additional basic excise duty
Notification And Circular, Notification and Circular
CBDT condones delay in filing of Form No.10A till November 25, 2022
The CBDT has issued Circular No. 22/2022 dated November 01, 2022 regarding the condonation of delay under section 119(2)(b) of