Notifications

New FEMA amendment facilitates cross-border trade through INR lending to neighbouring nations.

FEMA (Borrowing and Lending) Regulations Amended: AD Banks Can Lend INR to Bhutan, Nepal, Sri Lanka

The Department of Revenue issued a corrigendum to earlier notification amending the description of goods to “aircrafts, etc.

Ministry of Finance Amends Customs Notification: Removal of 'Missiles' from Description

RBI updates FEMA regulations allowing Indian exporters to open and operate foreign currency accounts in IFSCs.

RBI Amends FEMA Regulations: Exporters Can Hold Foreign Currency Accounts in IFSCs

Circulars

The court said that it is incorrect to use "M/s" before the names of companies as is meant only for firms, not for companies.

Using Prefix "M/s" Before Company's Name is Incorrect: Bombay HC

CBIC updates important tables in customs notification ensuring compliance with current requirements, effective from October 10.

Ministry of Finance Issues CBIC Notification Amending Customs Rules Under Section 14(2)

Judgement

GSTAT closes anti-profiteering case against Puma; holds IBC prevails over CGST Act and extinguishes pending profiteering claims not part of approved plan

GSTAT: Anti-Profiteering Proceedings Extinguished Against Puma Realtors After Insolvency Resolution; SCN Set Aside

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