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GST AND CUSTOMS ACT
ET Prime Special Series: Multibagger or IBC - Part 60: This auto ancillary built its empire on one family. Can it survive the EV test?It began life making bicycle parts in Gujarat, the changed its name and business. That created scale, stability, and growth. A single custo...- Want to exchange old gold for new jewellery? Beware of these taxesIndians exchanging old gold for new should be aware of potential taxes on sales and purchases. The Income Tax Department monitors high-valu...
- Why Kuehne+Nagel is betting big on India’s supply chain ambitionsThe global logistics major says it will double its warehousing capacity in India by 2030, as it sees the country emerging as one of the wor...
- Deloitte India could lead professional services space soon: Romal ShettyDeloitte India’s leadership believes that the future of professional services will extend beyond traditional offerings to solutions, platfo...
- West Bengal tax body rejects Flipkart’s GST exemption model for delivery chargesFlipkart's bid to exempt delivery charges from GST by classifying itself as a Goods Transport Agency has been rejected by the West Bengal A...
- Bullion industry proposes plan to turn India's idle gold into working capitalIndia's gold imports are rising, prompting industry bodies to suggest ways to curb them. Proposals include recycling household gold and lim...
- Income tax refund rules change from April 2026: Check these 2 important updates for Tax Year 2026-27Two significant changes to income tax refund rules are effective from April 1, 2026, impacting Tax Year 2026-27. The Finance Act 2026 clari...
- Insurance dark patterns: How customers pay higher premiums and buy unnecessary add-ons online, explain Deloitte India’s Aakash Sharma & Suchintan ChatterjeeDeloitte India’s Aakash Sharma & Suchintan Chatterjee talk to Yasmin Hussain on insurance dark patterns.
- Foreign betting sites pull a prank on taxmanOffshore gaming firms found a way to use the site name cgstahmedabadzone.gov.in to create additional, fake pages, complete with sub-links t...
- Corporate Affairs ministry proposes easing company incorporation rulesIn an effort to boost entrepreneurship, the corporate affairs ministry is poised to revamp the company incorporation process. By consolidat...
- Gold buying through unique buy-now-pay-later solution: Keyur Shah, CEO, Muthoot Exim, on how he is making gold buying affordableMuthoot Exim's Swarnavarsham scheme offers a buy-now-pay-later solution for low and middle-income gold buyers. Customers pay a 15% down pay...
- Indirect tax mop-up tops FY26 target, but pan masala cess misses the markIndia's indirect tax collections for fiscal year 2025-26 have surpassed the government's target. Customs, excise, and GST revenues showed s...
- Supreme Court rules CrPC protections apply to accused under GST and Customs ActThe Supreme Court ruled that protections granted to accused persons under the CrPC also apply to those charged under the GST and Customs Ac...
- Not necessary to make arrest in all GST cases, says SCThe Supreme Court emphasized on Wednesday that arrests in Goods and Services Tax (GST) cases should be based on credible evidence and tangi...
- Businesses can revoke cancelled GST registration by June 30Businesses whose GST registrations were cancelled for non-filing of returns before December 31 can apply for revocation by June 30 by payin...
- View: GST reforms in Budget 2022 are an indication of tighter laws to comeOn the GST front, the FM announced that the GST revenues have been buoyant despite the pandemic and saw a record collection of Rs 1,38,394 ...
- GST evasion: CBIC asks field offices to exercise maximum caution, prudence in property attachmentIn the guidelines the CBIC listed out types of cases where provisional attachment can be considered to be resorted to subject to specific f...
- Centre, state tax officers can take intelligence based enforcement actions for all purposes: CBICThe communication was issued in response to reference on whether intelligence based enforcement actions initiated by Central Tax officers a...
- GST to be levied on goods stored in customs warehouse only on final clearance: CBIC"The supply of goods before their clearance from the warehouse would not be subject to the levy of integrated tax," the CBIC said in a circ...
- Arun Jaitley introduces bill to amend customs, excise acts in Lok SabhaThe amendment seeks to include 'warehouse' in the definition of customs area to ensure that an importer is not asked to pay IGST at the tim...
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