Business Compliance – prefaceventure.com

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May 28, 2025

DGFT, Notification

DGFT Amends Para 4.41(5) of FTP 2023 – Key Policy Update.

The Central Government, exercising its powers under Sections 3 and 5 of the Foreign Trade (Development and Regulation) Act, 1992, has issued an important...

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May 6, 2025

GSTN, News and Updates

HSN Code Reporting in Table 12 & Document List in Table 13 of GSTR-1/1A

In an effort to enhance the quality of data and streamline GST compliance, the Government has been gradually implementing stricter reporting requirements for taxpayers...

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April 16, 2025

DGFT, Notification

Amendment in Import Policy Condition No.07(i) – Chapter 27 of ITC (HS), 2022

In accordance with the powers conferred by Section 3 and Section 9 of the Foreign Trade (Development and Regulation) Act, 1992, and pursuant to...

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March 4, 2025

GSTN, News and Updates

𝗕𝗶𝗼𝗺𝗲𝘁𝗿𝗶𝗰 𝗔𝘂𝘁𝗵𝗲𝗻𝘁𝗶𝗰𝗮𝘁𝗶𝗼𝗻 𝗳𝗼𝗿 𝗗𝗶𝗿𝗲𝗰𝘁𝗼𝗿𝘀 – 𝗡𝗲𝘄 𝗚𝗦𝗧𝗡 𝗥𝘂𝗹𝗲.

GST registration applicants opting for Aadhaar authentication undergo verification via OTP or Biometric Authentication at a designated GST Suvidha Kendra (GSK). To streamline the...

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February 17, 2025

Circulars, GST

𝗚𝗦𝗧 𝗖𝗼𝘂𝗻𝗰𝗶𝗹’𝘀 𝟱𝟱𝘁𝗵 𝗠𝗲𝗲𝘁𝗶𝗻𝗴: 𝗖𝗕𝗜𝗖 𝗖𝗹𝗮𝗿𝗶𝗳𝗶𝗲𝘀 𝗚𝗦𝗧 𝗼𝗻 𝗣𝗼𝗽𝗰𝗼𝗿𝗻, 𝗥𝗮𝗶𝘀𝗶𝗻𝘀, 𝗣𝗲𝗽𝗽𝗲𝗿, 𝗔𝗔𝗖 𝗕𝗹𝗼𝗰𝗸𝘀 & 𝗦𝗨𝗩𝘀

The GST Council, in its 55th meeting on 21st December 2024, provided crucial clarifications on the classification and tax rates of various goods to...

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DGFT Amends Para 4.41(5) of FTP 2023 – Key Policy Update.

HSN Code Reporting in Table 12 & Document List in Table 13 of GSTR-1/1A

Amendment in Import Policy Condition No.07(i) – Chapter 27 of ITC (HS), 2022

𝗕𝗶𝗼𝗺𝗲𝘁𝗿𝗶𝗰 𝗔𝘂𝘁𝗵𝗲𝗻𝘁𝗶𝗰𝗮𝘁𝗶𝗼𝗻 𝗳𝗼𝗿 𝗗𝗶𝗿𝗲𝗰𝘁𝗼𝗿𝘀 – 𝗡𝗲𝘄 𝗚𝗦𝗧𝗡 𝗥𝘂𝗹𝗲.

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GST Clarification on Secondary & Post-Sale Discounts Issued.

Exemption from QCO on Import of Aerospace Grade Hydrogen Peroxide.