News

The Centre has raised petrol export tax to Rs 2.5 per litre and cut diesel export duty to Rs 8.5 per litre, while keeping ATF duty unchanged.

Centre Hikes Windfall Tax on Petrol Exports to Rs 2.5 per Litre, Cuts Diesel Export Duty to Rs 8.5

Judgement

The Supreme Court held that tax classification must be determined by the Form of Goods at the Time of Sale and not their Subsequent Use.

Supreme Court Holds GRD Powder and GRD Mix Not Taxable as Non-Alcoholic Beverages

India has withdrawn the special tax benefit for banks importing gold, silver and platinum, making them liable to pay 3% IGST to ensure tax parity across different import routes.

India Withdraws Tax Benefits for Banks on Gold, Silver and Platinum Imports

Notifications

Delhi Government Notifies VAT Exemption/Refund Facility for Jamaica High Commission

CBIC Extends Deadline for Sea Cargo Manifest Regulations to 31 August 2026

The Centre has re-appointed Ravi Agrawal as CBDT Chairman on a six-month contract from July 1 to December 31, 2026.

Government Re-Appoints Ravi Agrawal as CBDT Chairman for Six Months

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