Tax Information Blogs By Preface

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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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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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February 1, 2025

Customs, Non Tariff, Notification

𝗙𝗶𝘅𝗮𝘁𝗶𝗼𝗻 𝗼𝗳 𝗧𝗮𝗿𝗶𝗳𝗳 𝗩𝗮𝗹𝘂𝗲: 𝗘𝗱𝗶𝗯𝗹𝗲 𝗢𝗶𝗹𝘀, 𝗕𝗿𝗮𝘀𝘀 𝗦𝗰𝗿𝗮𝗽, 𝗔𝗿𝗲𝗰𝗮 𝗡𝘂𝘁, 𝗚𝗼𝗹𝗱 & 𝗦𝗶𝗹𝘃𝗲𝗿.

The Central Board of Indirect Taxes & Customs (CBIC) has amended Notification No. 36/2001-Customs (N.T.) under Section 14(2) of the Customs Act, 1962. This...

WhatsApp Image 2025 06 19 at 11.06.52 AM

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January 26, 2025

Uncategorized

Let’s Celebrate the freedom and democracy that define our nation- Preface Venture

“Happy 76th Republic Day of India! Warm wishes from Preface Venture as we celebrate the spirit of unity and pride!”

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January 17, 2025

Customs, Non Tariff, Notification

𝗙𝗶𝘅𝗮𝘁𝗶𝗼𝗻 𝗼𝗳 𝗧𝗮𝗿𝗶𝗳𝗳 𝗩𝗮𝗹𝘂𝗲 𝗼𝗳 𝗘𝗱𝗶𝗯𝗹𝗲 𝗢𝗶𝗹𝘀, 𝗕𝗿𝗮𝘀𝘀 𝗦𝗰𝗿𝗮𝗽, 𝗔𝗿𝗲𝗰𝗮 𝗡𝘂𝘁, 𝗚𝗼𝗹𝗱 𝗮𝗻𝗱 𝗦𝗶𝗹𝘃𝗲𝗿

The Central Board of Indirect Taxes & Customs (CBIC), under the powers granted by Section 14(2) of the Customs Act, 1962, has amended Notification...

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𝗔𝗺𝗲𝗻𝗱𝗺𝗲𝗻𝘁 𝗶𝗻 𝗦𝗜𝗢𝗡 𝗘-𝟭𝟯𝟲 𝗳𝗼𝗿 𝗪𝗵𝗲𝗮𝘁 𝗙𝗹𝗼𝘂𝗿 𝗘𝘅𝗽𝗼𝗿𝘁𝘀.

𝗖𝘂𝘀𝘁𝗼𝗺𝘀 𝗖𝗵𝗮𝗻𝗴𝗲𝘀 𝗯𝘆 𝗕𝘂𝗱𝗴𝗲𝘁 𝟮𝟬𝟮𝟱 / 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 𝗕𝗶𝗹𝗹 𝟮𝟬𝟮𝟱.

𝗔𝗺𝗲𝗻𝗱𝗺𝗲𝗻𝘁 𝗶𝗻 𝗘𝘅𝗽𝗼𝗿𝘁 𝗣𝗼𝗹𝗶𝗰𝘆 𝗼𝗳 𝗗𝗲-𝗢𝗶𝗹𝗲𝗱 𝗥𝗶𝗰𝗲 𝗕𝗿𝗮𝗻.

𝗘-𝗪𝗮𝘆 𝗕𝗶𝗹𝗹 𝗔𝗱𝘃𝗶𝘀𝗼𝗿𝘆 𝗳𝗼𝗿 𝗚𝗼𝗼𝗱𝘀 𝗨𝗻𝗱𝗲𝗿 𝗖𝗵𝗮𝗽𝘁𝗲𝗿 𝟳𝟭.

𝗚𝗦𝗧 𝗖𝗵𝗮𝗻𝗴𝗲𝘀 𝗯𝘆 𝗕𝘂𝗱𝗴𝗲𝘁 𝟮𝟬𝟮𝟱 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 𝗕𝗶𝗹𝗹 𝟮𝟬𝟮𝟱.

𝗙𝗶𝘅𝗮𝘁𝗶𝗼𝗻 𝗼𝗳 𝗧𝗮𝗿𝗶𝗳𝗳 𝗩𝗮𝗹𝘂𝗲: 𝗘𝗱𝗶𝗯𝗹𝗲 𝗢𝗶𝗹𝘀, 𝗕𝗿𝗮𝘀𝘀 𝗦𝗰𝗿𝗮𝗽, 𝗔𝗿𝗲𝗰𝗮 𝗡𝘂𝘁, 𝗚𝗼𝗹𝗱 & 𝗦𝗶𝗹𝘃𝗲𝗿.

Let’s Celebrate the freedom and democracy that define our nation- Preface Venture

𝗙𝗶𝘅𝗮𝘁𝗶𝗼𝗻 𝗼𝗳 𝗧𝗮𝗿𝗶𝗳𝗳 𝗩𝗮𝗹𝘂𝗲 𝗼𝗳 𝗘𝗱𝗶𝗯𝗹𝗲 𝗢𝗶𝗹𝘀, 𝗕𝗿𝗮𝘀𝘀 𝗦𝗰𝗿𝗮𝗽, 𝗔𝗿𝗲𝗰𝗮 𝗡𝘂𝘁, 𝗚𝗼𝗹𝗱 𝗮𝗻𝗱 𝗦𝗶𝗹𝘃𝗲𝗿

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