CAclubindia News
CBIC Introduces Rs 1000 Fee for Electronic Applications Under New Customs Regulations 2025
01 November 2025 at 06:41CBIC issues Notification No. 69/2025-Customs (N.T.) introducing a Rs 1,000 fee for electronic applications under the Customs (Voluntary Revision of Entries Post Clearance) Regulations, 2025
CBIC Clarifies No Revision of Entry for Reversal of Benefits Under Certain Customs and Foreign Trade Schemes
01 November 2025 at 06:41CBIC issues Notification No. 71/2025-Customs (N.T.) clarifying that no revision of entry will be made for cases where benefits under customs or foreign trade schemes are to be reversed, if a separate reversal procedure already exists.
Navi Mumbai Income Tax Officer Duped of Rs 44 Lakh in Matrimonial Scam
01 November 2025 at 06:41Navi Mumbai Income Tax Inspector loses Rs 44 lakh in a Shaadi.com matrimonial scam; Nerul Police register FIR against four accused.
Former Customs Officer Held in Rs 27 Crore Hydroponic Marijuana Smuggling Case
01 November 2025 at 06:41Delhi Police busted an international drug cartel, arresting a sacked customs officer with Rs 27 crore worth of hydroponic marijuana in Janakpuri.
Assistant CT & GST Officer Held in Odisha for Demanding Rs 12,000 Bribe to Waive Tax Penalty
31 October 2025 at 06:39Odisha Vigilance caught Umakanta Mahakur, Assistant CT & GST Officer of Titlagarh, red-handed while accepting a Rs 12,000 bribe from a businessman to waive tax fines. Searches and further investigations are underway.
GSTN Introduces 'Import of Goods' Feature in IMS to Enhance Compliance Ease
31 October 2025 at 06:39GSTN adds a new 'Import of Goods' feature to the Invoice Management System (IMS) from October 2025, allowing taxpayers to take action on Bills of Entry for imports and enhancing ITC accuracy.
GSTN Enables UPI and Card Payments for GST Across 27 States and UTs
31 October 2025 at 06:39Taxpayers can now pay GST using UPI and Debit/Credit cards across 27 States and UTs. GSTN's new digital payment feature simplifies tax payments and promotes ease of compliance.
Allahabad HC Orders Income Tax Dept to Pay Compensation After Seized Jewellery Stolen from Bank Locker
31 October 2025 at 06:39The Allahabad High Court has ordered the Income Tax Department to compensate a taxpayer after jewellery worth over Rs 90 lakh, seized during a tax raid, was stolen from a bank locker where it was stored for safekeeping.
Finance Ministry Flags Downside Risks to Growth Amid Global Slowdown
31 October 2025 at 06:39The Finance Ministry's September 2025 Economic Review warns that global uncertainties may dampen external demand, even as GST cuts, structural reforms, and strong domestic demand continue to support India’s growth momentum.
Finance Ministry Invites Industry Suggestions on Tax Rate Changes and Compliance Ease for Union Budget 2026-27
31 October 2025 at 06:39The Finance Ministry has invited industry suggestions on tax rate changes, duty structure revisions, and compliance simplification for Union Budget 2026-27. Proposals must be submitted by November 10, 2025.
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