Notification

CBDT Bars Income Tax Deduction on Expenditure Incurred to Settle Proceedings Related to Contraventions Under These Acts

The Central Board of Direct Taxes (CBDT) has barred income tax deduction on expenditure incurred to settle proceedings related to contraventions or defaults under...

India Revises Tariff Values For These Imported Goods Effective April 24, 2025

The Central Board of Indirect Taxes and Customs (CBIC) announced revised tariff values for various imported goods namely gold, silver and areca nuts.  The notification,...

Why Govt. Issues Rs. 100 Coin? [READ NOTIFICATION]

The Ministry of Finance has issued the Commemorative Coin of denomination of Rs. 100 on the occasion of Birth Centenary of Bhagawan Sri Sathya...

1% TCS On These Luxury Goods Purchases Over Rs. 10 Lakh Effective April 22, 2025

The Central Board of Direct Taxes (CBDT) has notified 1% Tax Collected At Source (TCS) on luxury goods purchases over Rs. 10 lakh effective...

VACANCY For CESTAT Technical Member

The Ministry of Finance has notified the vacancy for the posts of Member (Technical) in Customs, Excise and Service Tax Appellate Tribunal (CESTAT). Applications are...

CBIC Notifies Dholera As Customs Port

The Central Board of Indirect Taxes and Customs (CBIC) has notified Dholera as a customs port for the unloading of imported goods and the...

‘Certificate of Origin’ Substituted ‘Proof of Origin’ in CAROTAR, 2020: CBIC Issues Amended Guidelines

The Central Board of Indirect Taxes and Customs (CBIC) with the objective of streamlining trade facilitation, has amended the Customs (Administration of Rules of...

Govt. Imposes Provisional Safeguard Duty on Steel Flat Products Amid Surge in Imports

The Finance Ministry has imposed a 12% provisional safeguard duty on the import of certain categories of non-alloy and alloy steel flat products.  The measure...

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