Statutory updates

55th GST Council Meeting

Corrigendum to Notification 83/2024-Customs (N.T.)

The Central Board of Indirect Taxes and Customs corrects a clerical error in Notification No. 83/2024-Customs (N.T.) dated 21 November 2024.

Jost-Werke International Beteiligungsverwaltung GmbH Combination

Jost Werke International Beteiligungsverwaltung GmbH proposes to acquire one hundred percent shareholding of Hyva III B.V. through the green channel route.

Rescheduling of Launch Date for Preferential eCoO 2.0 System

The Directorate General of Foreign Trade reschedules the launch date for the revamped Preferential Certificate of Origin system to 17th January 2025.

UltraTech Cement Acquisition of India Cements Approval

The Competition Commission of India approves the proposed combination involving the acquisition of equity shares in The India Cements Limited by UltraTech Cement Limited under…

PFRDA (Framework for Prevention and Reporting of Fraud Under NPS Architecture) Guidelines, 2023

Exemption from Income-Tax Deduction for Credit Guarantee Fund Trust

The Central Government exempts any payment received by the Credit Guarantee Fund Trust for Micro and Small Enterprises from income-tax deduction under Chapter XVII of the…

Fixation of SION A-3683 for Propionic Anhydride

The Director General of Foreign Trade notifies one new Standard Input Output Norm for the export product Propionic Anhydride under the Chemical and Allied Product group.

Ramon Investments Pte. Ltd. Combination Approval

The Competition Commission of India approves the acquisition of up to twenty-four point five percent shareholding in Speed JVco S.à.r.l. by Ramon Investments Pte.

Zashvin Pty. Ltd. Combination Notice

Zashvin Pty. Ltd. files a combination notice for the acquisition of an additional shareholding of approximately 33.33 percent in Jellinbah Group Pty.

Prohibited Manufacturing Processes in Warehouses for Solar Goods

The Central Government prohibits specific manufacturing processes and operations for goods imported for solar power generation projects in a warehouse.

circular no. 19/024 guidance note 2/2024 on provisions of the direct tax vivad se vishwas scheme 2024

Proposed Acquisition of Shares in Rebel Foods by Royce Asia Holdings II

Royce Asia Holdings II Pte. Ltd. proposes to acquire equity shares and compulsorily convertible preference shares of Rebel Foods Private Limited by way of a secondary purchase.

31/2024-Central Tax : Seeks to appoint common adjudicating authority for Show cause notices issued by officers of DGGI

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

The Central Board of Indirect Taxes and Customs amends Notification No. 36/2001-Customs (N.T.) to replace Table-1, Table-2, and Table-3 with new tariff values for specific goods.

Corrigendum on Jewellery Export Public Notice

The Directorate General of Foreign Trade corrects a typographical error in Public Notice Number 30/2024-2025.

Directions to IBUs for operations of the Foreign Currency Accounts (FCA) of Indian resident individuals opened under the Liberalised Remittance Scheme (LRS)

EPCG Scheme Applicability of Amendment to Para 5.10(c) of HBP 2015-20

The Directorate General of Foreign Trade states that the amendment to paragraph 5.10(c) of the Hand Book of Procedures 2015-20 is prospective.