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Tax, GST & International Trade Blog

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February 12, 2025
GST, Instructions/ Guidelines

𝗣𝗿𝗼𝗰𝗲𝗱𝘂𝗿𝗲 𝗳𝗼𝗿 𝗗𝗲𝗽𝗮𝗿𝘁𝗺𝗲𝗻𝘁 𝗔𝗽𝗽𝗲𝗮𝗹𝘀 𝗼𝗻 𝗜𝗻𝘁𝗲𝗿𝗲𝘀𝘁/𝗣𝗲𝗻𝗮𝗹𝘁𝘆 𝘂𝗻𝗱𝗲𝗿 𝗦𝗲𝗰𝘁𝗶𝗼𝗻 𝟭𝟮𝟴𝗔 𝗼𝗳 𝗖𝗚𝗦𝗧 𝗔𝗰𝘁.

Section 128A of CGST Act, 2017, along with Rule 164 of CGST Rules, 2017, allows a waiver of interest and/or penalty for tax demands...
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February 12, 2025
DGFT, Public Notice

𝗔𝗺𝗲𝗻𝗱𝗺𝗲𝗻𝘁 𝗶𝗻 𝟰.𝟱𝟵 𝗼𝗳 𝗛𝗮𝗻𝗱𝗯𝗼𝗼𝗸 𝗼𝗳 𝗣𝗿𝗼𝗰𝗲𝗱𝘂𝗿𝗲𝘀 & 𝗦𝗜𝗢𝗡 𝗠-𝟭 𝘁𝗼 𝗠-𝟴 𝗳𝗼𝗿 𝗝𝗲𝘄𝗲𝗹𝗹𝗲𝗿𝘆 𝗘𝘅𝗽𝗼𝗿𝘁.

Amendment in 4.59 of Handbook of Procedures, 2023 and modification in Standard Input Output Norms (SION) M- 1 to M-8 for jewellery export. The...
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February 12, 2025
DGFT, Public Notice

𝗜𝗧𝗖 (𝗛𝗦) 𝗖𝗵𝗮𝗽𝘁𝗲𝗿 𝟴𝟳 𝗨𝗽𝗱𝗮𝘁𝗲: 𝗠𝗼𝗱𝗶𝗳𝗶𝗲𝗱 𝗜𝗺𝗽𝗼𝗿𝘁 𝗥𝘂𝗹𝗲𝘀 𝗳𝗼𝗿 𝗩𝗶𝗻𝘁𝗮𝗴𝗲 𝗩𝗲𝗵𝗶𝗰𝗹𝗲𝘀.

The Central Government has revised Policy Condition No. 1(III) under Chapter 87 of the ITC (HS), 2022, Schedule-I (Import Policy). This amendment is made...
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February 12, 2025
DGFT, Public Notice

𝗔𝗺𝗲𝗻𝗱𝗺𝗲𝗻𝘁 𝗶𝗻 𝗦𝗜𝗢𝗡 𝗘-𝟭𝟯𝟲 𝗳𝗼𝗿 𝗪𝗵𝗲𝗮𝘁 𝗙𝗹𝗼𝘂𝗿 𝗘𝘅𝗽𝗼𝗿𝘁𝘀.

The Director General of Foreign Trade has amended SION E-136 to allow the export of Wheat Flour (Atta) with Millets under specific conditions. The...
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February 11, 2025
Customs

𝗖𝘂𝘀𝘁𝗼𝗺𝘀 𝗖𝗵𝗮𝗻𝗴𝗲𝘀 𝗯𝘆 𝗕𝘂𝗱𝗴𝗲𝘁 𝟮𝟬𝟮𝟱 / 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 𝗕𝗶𝗹𝗹 𝟮𝟬𝟮𝟱.

The Ministry of Finance has issued multiple Customs Notifications revising export and import duties on various goods, effective February 2, 2025. Notification No. 03/2025-Customs...
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February 11, 2025
GST, GSTN

𝗕𝗶𝗼𝗺𝗲𝘁𝗿𝗶𝗰 𝗔𝗮𝗱𝗵𝗮𝗮𝗿 𝗔𝘂𝘁𝗵𝗲𝗻𝘁𝗶𝗰𝗮𝘁𝗶𝗼𝗻 & 𝗗𝗼𝗰𝘂𝗺𝗲𝗻𝘁 𝗩𝗲𝗿𝗶𝗳𝗶𝗰𝗮𝘁𝗶𝗼𝗻 𝗳𝗼𝗿 𝗚𝗦𝗧 𝗥𝗲𝗴𝗶𝘀𝘁𝗿𝗮𝘁𝗶𝗼𝗻 – 𝗠𝗮𝗵𝗮𝗿𝗮𝘀𝗵𝘁𝗿𝗮 & 𝗟𝗮𝗸𝘀𝗵𝗮𝗱𝘄𝗲𝗲𝗽.

Biometric-Based Aadhaar Authentication: Applicants may be selected for biometric verification and document authentication based on risk parameters under Rule 8 of CGST Rules, 2017....
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February 7, 2025
DGFT, Public Notice

𝗔𝗺𝗲𝗻𝗱𝗺𝗲𝗻𝘁𝘀 𝗶𝗻 𝗦𝘁𝗮𝗻𝗱𝗮𝗿𝗱 𝗜𝗻𝗽𝘂𝘁 𝗢𝘂𝘁𝗽𝘂𝘁 𝗡𝗼𝗿𝗺𝘀 (𝗦𝗜𝗢𝗡) 𝗔-𝟮𝟮𝟮 𝗳𝗼𝗿 𝗲𝘅𝗽𝗼𝗿𝘁 𝗼𝗳 𝗘𝗿𝘆𝘁𝗵𝗿𝗼𝗺𝘆𝗰𝗶𝗻 𝗦𝘁𝗲𝗮𝗿𝗮𝘁𝗲 𝗧𝗮𝗯𝗹𝗲𝘁.

The Director General of Foreign Trade has amended the Standard Input Output Norms (SION) A-222 for the export of Erythromycin Stearate Tablets (250 mg)....
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by preface
February 7, 2025
DGFT, GST, Notification

𝗔𝗺𝗲𝗻𝗱𝗺𝗲𝗻𝘁 𝗶𝗻 𝗘𝘅𝗽𝗼𝗿𝘁 𝗣𝗼𝗹𝗶𝗰𝘆 𝗼𝗳 𝗗𝗲-𝗢𝗶𝗹𝗲𝗱 𝗥𝗶𝗰𝗲 𝗕𝗿𝗮𝗻.

The Central Government has amended the Export Policy conditions under Chapter 23 of the ITC(HS) 2022 through Notification No. 23/2024-25. The revised policy now...
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February 7, 2025
GST

𝗘-𝗪𝗮𝘆 𝗕𝗶𝗹𝗹 𝗔𝗱𝘃𝗶𝘀𝗼𝗿𝘆 𝗳𝗼𝗿 𝗚𝗼𝗼𝗱𝘀 𝗨𝗻𝗱𝗲𝗿 𝗖𝗵𝗮𝗽𝘁𝗲𝗿 𝟳𝟭.

Goods under Chapter 71 (Natural or cultured pearls, precious stones, precious metals, and jewellery, excluding HSN 7117 – Imitation Jewellery) are exempt from the...
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February 6, 2025
GST, GSTN

𝗚𝗦𝗧 𝗖𝗵𝗮𝗻𝗴𝗲𝘀 𝗯𝘆 𝗕𝘂𝗱𝗴𝗲𝘁 𝟮𝟬𝟮𝟱 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 𝗕𝗶𝗹𝗹 𝟮𝟬𝟮𝟱.

Amendments to Section 2(61) & Section 20 of CGST. Provision Details What is Changing? Section 2(61) is amended to explicitly allow the Input Service...
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  • January 5, 2026

Advisory on Opt-In Declaration Filing for Specified Premises under GST, 2025.

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  • December 31, 2025

Advisory & FAQ on Electronic Credit Reversal and Re-claimed Statement & RCM Liability/ITC Statement.

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