Amendment to Customs (Administration of Rules of Origin under Trade Agreements) Rules, 2020
The key change involves replacing the term “certificate” with “proof” across various clauses and sub-rules to ensure consistency in the documentation
Clarification on Circular 01/2025 w.r.t Principal Purpose Test under India’s DTAAs
The Central Board of Direct Taxes (CBDT) has issued a clarification regarding Circular 01/2025, which was originally released on January 21, 2025
GST Compliance Requirements for the Financial Year 2025-2026 in Kerala
The GST Department has issued detailed guidelines for taxpayers regarding compliance requirements for the financial year 2025-2026.
Filing Issues in SPL 01/SPL 02 under Waiver Scheme
Taxpayers have reported several issues while filing waiver applications (SPL 01 and SPL 02) under the GST waiver scheme
Online filing for Reports filed under Reg. 10(7) of SAST Regulations 2011
An acquirer is required to submit a report along with supporting documents and non-refundable fee to SEBI in respect of any acquisition of or increase in voting rights
FAQs released by BSE & NSE on Applicability on Industry Standards – RPT Disclosures
BSE and NSE have released FAQs on Applicability of the Industry Standards on “Minimum information to be provided for Review of the Audit Committee and Shareholders for Approval of Related Party Transaction (RPT)”
Applicability date of Industry Standards for Minimum Information for AC & Shareholders in RPT Approval extended
SEBI had received feedback from various stakeholders requesting extension of timeline for applicability of the Industry Standards
Amendments in thresholds for classifying any Enterprise as Micro, Small & Medium
MSME Notification No. S.O. 1364(E) dated 21st March, 2025 amends the threshold limits for classifying enterprises under the MSME Development Act, 2006 as Micro, Small & Medium Enterprise.
Biometric-Based Aadhaar Authentication for GST Registration in Uttar Pradesh
The GSTN has introduced a new functionality for biometric-based Aadhaar authentication and document verification for GST registration applicants in Uttar Pradesh.
Extension of Customs Duty Exemption Period Under Notification No. 64/2023
Central Government has extended the customs duty exemption on Yellow Peas up to 31st May 2025.
