Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
What is New Section  
Home What's New Latest Notifications Latest Circulars Latest Case Laws
 

Notifications + Circulars (Topic wise)

  • I.Tax
  • CGST
  • IGST
  • CESS
  • UTGST
  • SGST
  • Custom
  • FTP
  • SEZ
  • FEMA
  • C.Law
  • SEBI
  • IBC
  • Income Tax [IT] Notifications:

  • 124/2024 Dated: 29-11-2024 - IT Income Tax - IT Notification
    Income-tax (Tenth Amendment) Rules, 2024 - Safe Harbour Rules for income referred to in clause (i) of sub-section (1) of section 9 chargeable to tax under the head “Profits and gains of business or profession
  • 123/2024 Dated: 28-11-2024 - IT Income Tax - IT Notification
    Central Government, specifies provisions of section 194N of IT Act 1961 after consultation with the Reserve Bank of India
  • 122/2024 Dated: 27-11-2024 - IT Income Tax - IT Notification
    Transactions not regarded as transfer. - Central Government notifies transfer of capital asset from NLC India Limited u/s 47(viiaf) of IT Act 1961
  • 121/2024 Dated: 25-11-2024 - IT Income Tax - IT Notification
    Central Government approves SKAN Research Trust, Bengaluru under the category of ‘Research Association’ for ‘Scientific Research’ for the purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961
  • 120/2024 Dated: 19-11-2024 - IT Income Tax - IT Notification
    Exemption from specified income U/s 10(46) of IT Act 1961 – ‘National Aviation Security Fee Trust’
  • 119/2024 Dated: 19-11-2024 - IT Income Tax - IT Notification
    Exemption from specified income U/s 10(46) of IT Act 1961 – ‘District Legal Service Authority’
  • 06/2024 Dated: 19-11-2024 - IT Income Tax - IT Notification
    Specifying Forms prescribed in Appendix-II of the Income Tax Rules 1962, to be furnished electronically under sub-rule (1) and sub-rule (2) of Rule 131 of the Income-tax Rules, 1962.
  • 118/2024 Dated: 12-11-2024 - IT
    Exemption from specified income U/s 10(46) of IT Act 1961 – “Petroleum and Natural Gas Regulatory Board”
  • 05/2024 Dated: 30-10-2024 - IT
    Specifying Forms prescribed in Appendix-II of the Income Tax Rules 1962, to be furnished electronically under sub-rule (1) and sub-rule (2) of Rule 131 of the Income-tax Rules, 1962
  • Income Tax - Circulars

  • 18/2024 Dated: 30-11-2024 Income Tax - Circular Circular
    Extension of due date for furnishing return of income in the case of an assessee who is required to furnish a report referred to in section 92E regarding International Transactions for the AY 2024-25
  • 17/2024 Dated: 18-11-2024 Income Tax - Circular Circular
    Condonation of delay under section 119(2)(b) of the Income-tax Act, 1961 in filing of Form No. 10-IC or Form No. 10-ID for Assessment Years 2020-21, 2021-22 and 2022-23
  • 16/2024 Dated: 18-11-2024 Income Tax - Circular Circular
    Condonation of delay under section 119(2)(b) of the Income-tax Act, 1961 in filing of Form No. 9A/10/10B/10BB for Assessment Year 2018-19 and subsequent assessment years
  • 15/2024 Dated: 4-11-2024
    Order under section 119(1) of the Income-tax Act, 1961 fixing monetary limits of the income-tax authorities in respect of reduction or waiver of interest paid or payable under section 220(2) of the Income-tax Act
  • 14/2024 Dated: 30-10-2024
    Condonation of delay under clause (b) of sub-section (2) of section 119 of the Income-tax Act, 1961 for returns of income claiming deduction u/s 80P of the Act for Assessment Year 2023-24
  • Central Goods and Services Tax [CGST] Rate Notifications:

  • G.S.R. 652(E) Dated: 22-10-2024 - CGST Rate
    Corrigendum - Notification No. 09/2024-Central Tax (Rate), dated the 8th October, 2024 - RCM on Renting of immovable property
  • 09/2024 Dated: 8-10-2024 - CGST Rate
    Services on which tax will be payable under reverse charge mechanism (RCM) under CGST Act - Residential Property - Seeks to amend Notification No. 13/2017-Central Tax (Rate), dated the 28th June, 2017
  • 08/2024 Dated: 8-10-2024 - CGST Rate
    Exempted supply of services - Seeks to amend Notification No. 12/2017-Central Tax (Rate), dated the 28th June, 2017
  • 07/2024 Dated: 8-10-2024 - CGST Rate
    Rates for supply of services under CGST Act - Serial no. 8 amended - Seeks to amend Notification No. 11/2017-Central Tax (Rate), dated the 28th June, 2017, dated the 28th June, 2017
  • 06/2024 Dated: 8-10-2024 - CGST Rate
    Reverse charge on certain specified supplies of goods u/s 9(3) of CGST Act - Metal Scrap -Seeks to amend Notification No. 4/2017- Central Tax (Rate), dated 28th June, 2017
  • 05/2024 Dated: 8-10-2024 - CGST Rate
    CGST Rate Schedule u/s 9(1) - Seeks to amend Notification No. 1/2017-Central Tax (Rate), dated the 28th June, 2017
  • 04/2024 Dated: 12-7-2024 - CGST Rate
    Seeks to amend Notification No. 12/2017-Central Tax (Rate), dated the 28th June, 2017 - Exempted supply of services
  • 03/2024 Dated: 12-7-2024 - CGST Rate
    Seeks to amend Notification No. 2/2017-Central Tax (Rate), dated the 28th June, 2017 - Exemption on intra-State supplies of goods
  • 02/2024 Dated: 12-7-2024 - CGST Rate
    Seeks to amend Notification No. 1/2017-Central Tax (Rate), dated the 28th June, 2017 - rates of CGST @ 2.5%, 6%, 9%, 14%, 1.5% and 0.125% on Supply of Goods
  • Central Goods and Services Tax [CGST] Notifications:

  • S.O. 5128(E) Dated: 29-11-2024 - CGST GST - CGST Notification
    Corrigendum - Notification No. S.O.5063 (E) which was issued to Amend Notification number S.O.3048(E) regarding Constitution of Principal and States benches of GSTAT.
  • 29/2024 Dated: 27-11-2024 - CGST GST - CGST Notification
    Extension of due date for filing of return in FORM GSTR-3B for the month of October, 2024 for the persons registered in the state of Manipur
  • 28/2024 Dated: 27-11-2024 - CGST GST - CGST Notification
    Appointment of Adjudicating Authorities u/n CGST Act and IGST Act.
  • S.O. 5063(E) Dated: 26-11-2024 - CGST GST - CGST Notification
    Constitution of Principal and States benches of GSTAT. - Amendment in Notification number S.O.3048(E), dated the 31st July, 2024
  • 27/2024 Dated: 25-11-2024 - CGST GST - CGST Notification
    Jurisdiction of Central Tax Officers - CGST officers - Amendment in Notification No. 02/2017-Central Tax, dated the 19th June, 2017
  • 26/2024 Dated: 18-11-2024 - CGST GST - CGST Notification
    Extension of due date for filing of return in FORM GSTR-3B for the month of October, 2024 for the persons registered in the state of Maharashtra and Jharkhand
  • 25/2024 Dated: 9-10-2024 - CGST
    Specifies supply of metal scrap between registered person for TDS compliance
  • 24/2024 Dated: 9-10-2024 - CGST
    Seek Amendment in Notification No. 5/2017- Central Tax, dated the 19th June, 2017 - Exemption from GST registration if entire supply is under RCM not applicable for A person engaged in the supply of metal scrap.
  • 23/2024 Dated: 8-10-2024 - CGST
    Seeks to provide waiver of late fee for late filing of NIL FORM GSTR-7 (GST TDS Return) - Supersede notification No.22/2021-Central Tax dated the 1 June, 2021
  • Integrated Goods and Services Tax [IGST] Rate Notifications:

  • G.S.R. 654 (E) Dated: 22-10-2024 - IGST Rate
    Corrigendum - Notification No. 09/2024- Integrated Tax (Rate), dated the 8th October, 2024 - RCM on Renting of immovable property
  • 09/2024 Dated: 8-10-2024 - IGST Rate
    Services on which tax will be payable under reverse charge mechanism (RCM) under IGST Act - Residential Property - Seeks to amend in Notification No. 10/2017-Integrated Tax (Rate), dated the 28th June, 2017
  • 08/2024 Dated: 8-10-2024 - IGST Rate
    Exempted supply of services - Seeks to amend Notification No. 9/2017-Integrated Tax (Rate), dated the 28th June, 2017
  • 07/2024 Dated: 8-10-2024 - IGST Rate
    Rates for supply of services under IGST Act - Serial no. 8 amended - Seeks to amend Notification No. 8/2017-Integrated Tax (Rate), dated the 28th June, 2017
  • 06/2024 Dated: 8-10-2024 - IGST Rate
    Reverse charge on certain specified supplies of goods u/s 5(3) of IGST Act - Seeks to amend Notification No. 4/2017- Integrated Tax (Rate) dated 28th June, 2017
  • 05/2024 Dated: 8-10-2024 - IGST Rate
    IGST Rate Schedule u/s 5(1) - Seeks to amend Notification No. 1/2017-Integrated Tax (Rate), dated the 28th June, 2017
  • 04/2024 Dated: 12-7-2024 - IGST Rate
    Seeks to amend Notification No. 9/2017-Integrated Tax (Rate), dated the 28th June, 2017 - Exemptions on supply of services.
  • 03/2024 Dated: 12-7-2024 - IGST Rate
    Seeks to amend Notification No. 2/2017-Integrated Tax (Rate), dated the 28th June, 2017 - Exemption from IGST on inter-State supplies of goods.
  • 02/2024 Dated: 12-7-2024 - IGST Rate
    Seeks to amend Notification No. 1/2017-Integrated Tax (Rate), dated the 28th June, 2017 - Rates of IGST @ 5%, 12%, 18%, 28%, 3% and 0.25% on supply of goods
  • Integrated Goods and Services Tax [IGST] Notifications:

  • 01/2024 Dated: 10-7-2024 - IGST
    Seeks to Amend in the Notification No. 02/2018-Integrated Tax, dated the 20th September, 2018. - Rate of tax collection at source (TCS) to be collected by every electronic commerce operator for inter-State taxable supplies. - Appliable for other suppliers where consideration with respect to such supplies is to be collected by the said operator.
  • Compensation CESS [GST Cess] Rate Notifications:

  • 01/2024 Dated: 12-7-2024 - GST CESS Rate
    Central Government exempts supply of goods falling under the heading 2202 by a Unit Run Canteen (URC) to authorised customers, from the whole of the Goods and Services Tax Compensation Cess leviable thereon under section 8 of the Goods and Services Tax (Compensation to States) Act, 2017
  • Union Territory Goods and Services Tax [UTGST] Notifications:

  • 02/2024 Dated: 7-10-2024 - UTGST
    Union Territory Goods and Services Tax (Ladakh) Rules, 2024.
  • 01/2024 Dated: 10-7-2024 - UTGST
    Seeks to Amend in the Notification No. 12/2018-Union Territory Tax, dated the 28th September, 2018. - Rate of tax collection at source (TCS)
  • 01/2024 Dated: 28-3-2024 - UTGST
    Seeks to amend Notification No. 04/2019 – Union Territory Tax, dated the 16th May, 2019 - to modify the composition of the Appellate Authority for Advance Ruling in the Union Territory of Dadra and Nagar Haveli and Daman and Diu
  • Customs [Cus] Notifications:

  • 47/2024 Dated: 13-11-2024 - Cus
    Effective rates of customs duty and IGST for goods imported into India - Amendment in Notification No. No. 50/2017-Customs, dated the 30th June, 2017
  • 46/2024 Dated: 22-10-2024 - Cus
    Seeks to amend Export Duty on Certain Varieties of rice.
  • 45/2024 Dated: 30-9-2024 - Cus
    Seeks to amend the various Customs notifications in order to align the HS Codes of the said notifications with the Finance Act, 2024, w.e.f. 01.10.2024
  • 44/2024 Dated: 27-9-2024 - Cus
    Seeks to amend Export Duty on Certain Varieties of rice
  • 43/0204 Dated: 13-9-2024 - Cus
    Seeks to to extend the specified condition of exemption to imports of Yellow Peas (HS 0713 10 10) to bill of lading issued on or before 31.12.2024. to impose export duty of 20% on exports of Onions (HS 0703 10); to change rates of BCD and AIDC on crude and refined edible oils.
  • 42/2024 Dated: 6-9-2024 - Cus
    Seeks to rescind Notification No. 26/2011-Customs, dated 01.03.2011 - This notification was exempting the work of art imported for exhibition in a public museum or national institution
  • 41/2024 Dated: 31-7-2024 - Cus
    Seeks to amend notification No. 50/2017- Customs, dated 30.06.2017, in order to prescribe conditional BCD rate of 10% on Laboratory Chemicals [excluding undenatured ethyl alcohol of any alcoholic strength], falling under HS 9802 00 00, for specified use.
  • G.S.R. 459 (E) Dated: 29-7-2024 - Cus
    Corrigendum – Notification No. 39/2024, dated the 23rd July, 2024 - Exemption to re-import of goods exported under duty drawback, rebate of duty or under bond
  • 40/2024 Dated: 29-7-2024 - Cus
    Seeks to amend Notification No. 22/2022-Customs, dated 30.04.2022 (UAE CEPA) - Seeks to give effect to the first tranche of India UAE CEPA
  • Customs - Anti Dumping Duty [ADD] Notifications:

  • 25/2024 Dated: 22-11-2024 - ADD Customs - ADD Notification
    Anti-dumping duty on imports of Polyethylene Terephthalate (PET) resin originating in or exported from China PR - Amendment in Notification No. 18/2021-Customs (ADD), dated the 27th March, 2021
  • 24/2024 Dated: 11-11-2024 - ADD
    Seeks to impose ADD on Epichlorohydrin imported from China PR, Korea RP and Thailand for 5 years, pursuant to final findings of DGTR.
  • 23/2024 Dated: 4-11-2024 - ADD
    Seeks to impose ADD on Welded-Stainless Steel Pipes and Tubes from Thailand and Vietnam
  • 22/2024 Dated: 22-10-2024 - ADD
    Seeks to impose ADD on Isopropyl Alcohol imported from China PR for 5 years, pursuant to final findings of DGTR.
  • 21/2024 Dated: 22-10-2024 - ADD
    Seeks to impose ADD on Sulphur Black imported from China PR for 5 years pursuant to final findings of DGTR.
  • 20/2024 Dated: 22-10-2024 - ADD
    Seeks to impose ADD on Cellophane Transparent Film imported from China PR for 5 years pursuant to final findings of DGTR.
  • 19/2024 Dated: 22-10-2024 - ADD
    Seeks to impose ADD on Thermoplastic Polyurethane (TPU) imported from China PR for 5 years pursuant to final findings of DGTR.
  • 18/2024 Dated: 21-10-2024 - ADD
    Seeks to impose anti-dumping duty on imports of "Unframed glass mirror" falling under tariff item 7009 91 00 originating in or exported from China PR for a period of 5 years
  • 17/2024 Dated: 27-9-2024 - ADD
    Seeks to impose definitive anti dumping duty on the imports of “Isobutylene-Isoprene Rubber (‘IIR’)” originating in, or exported from People’s Republic of China, Russia, Saudi Arabia, Singapore and United States of America and imported into India for a period of five years
  • Customs Orders

  • Instruction No. 29/2024 Dated: 14-11-2024
    Requirement of Registration of Foreign Food Manufacturing Facilities as per Food Safety and Standards (Import) First Amendment Regulations, 2021, dated 03.11.2021
  • CAVR Review Order No. 02/2024 Dated: 13-11-2024
    Order for extension of validity of CAVR Order No. 02/2023-Customs under the Customs (Assistance in Value Declaration of Identified Imported Goods) Rules, 2023 in respect of Stainless Steel of J3 grade classified under HS Codes 72191200, 72191300, 72191400, 72192390, 72193290, 72193390, 72193490, 72193590, 72199012, 72199013, 72199090, 72202029, 72202090, 72209022, 72209029 & 72209090
  • Instruction No. 28 /2024 Dated: 12-11-2024
    General ways of identification of the Low Voltage Switchgear and Controlgear under EEQCO as per phased implementation plan
  • F. No. 390/Misc/3/2019-JC Dated: 5-11-2024
    Guidelines for conduct of personal hearings under CGST Act, 2017, IGST Act, 2017, Customs Act, 1962, Central Excise Act, 1944 and Chapter V of Finance Act, 1994
  • Instruction No. 27/2024 Dated: 1-11-2024
    Guidelines for Customs field formations in maintaining ease of doing business while engaging in investigation into tax evasion cases in import or export
  • FTP Public Notices

  • 33/2024-25 Dated: 14-11-2024
    Fixation of one new Standard Input Output Norms (SIONs) at SION A-3682 under 'Chemical and Allied Product' (Product Code ‘A’)
  • 32/2024-25 Dated: 13-11-2024
    Amendment in Para 4.71 of Handbook of Procedures, 2023 - Additional Port of export as 'Amritsar Airport' added
  • 31/2024-25 Dated: 5-11-2024
    Enabling provisions for import of inputs that are subjected to mandatory Quality Control Orders (QCOs) by Advance Authorisation holders, EOU and SEZ
  • 30/2024-25 Dated: 1-11-2024
    Amendment in 4.59 of Handbook of Procedures, 2023 and modification in Standard Input Output Norms (SION) M-1 to M-8 for export of jewellery
  • 29/2024-25 Dated: 1-11-2024
    Further abeyance of Public Notice No. 05/2024 dated 27.05.2024 until 31.12.2024.
  • Special Economic Zone [SEZ] Notifications:

  • S.O. 4992(E) Dated: 19-11-2024 - SEZ SEZ - SEZ Notification
    To setup a a Multi Sector Special Economic Zone(SEZ) by Bihar Industrial Area Development Authority at Nawanagar, District Buxar in the State of Bihar
  • S.O. 4821(E) Dated: 5-11-2024 - SEZ
    Central Government de-notifies an area of 25.428 hectares, thereby making the resultant area as 361.378 hectares at Duppituru, Moturupalem, Maruturu and Gurujaplem Villages, Visakhapatnam District in the State of Andhra Pradesh
  • S.O. 4820(E) Dated: 5-11-2024 - SEZ
    Central Government notifies the 50.586 hectares area comprising the survey numbers and the area to set up a Multi-Sector SEZ at Kumarbagh, District West Champaran in the State of Bihar and constitutes an Approval Committee
  • S.O. 4015(E) Dated: 18-9-2024 - SEZ
    Central Government de-notifies an area of 1.22 hectares, thereby making resultant area as 1.715 hectares at KPM Nagar, Rathinam Software Park, Kurichi Village, Eachanari, Coimbatore District in the State of Tamil Nadu
  • S.O. 4014(E) Dated: 18-9-2024 - SEZ
    Amendment in Notification No. S.O. 1161(E) dated 15.03.2022
  • S.O. 3919(E). Dated: 12-9-2024 - SEZ
    Central Government rescinds the Notification No. S.O. 1324 (E) dated 31.03.2016 - De-notification of area - SEZ for Bio-technology sector at Genome Valley, Village Lalgdai Malakped, Mandal Shameerpet, District Ranga Reddy, in the State of Telangana
  • S.O. 3918(E) Dated: 12-9-2024 - SEZ
    Central Government rescinds the Notification Number S.O. 3025 (E) dated 11.09.2017 - De-notification of area - SEZ for Information Technology and Information Technology Enabled Services at Plot No.2, MIDC, Phase1, Hinjawadi, Mulshi, Taluka, Pune, in the State of Maharashtra
  • S.O. 3907(E) Dated: 12-9-2024 - SEZ
    Central Government de-notifies an area of 44.7305 hectares, thereby making resultant area as 77.2095 hectares at Seekinankuppam, (Paramankeni and Vellur Villages), Cheyyur Taluk, Kancheepuram District in the State of Tamil Nadu
  • S.O. 3906(E) Dated: 12-9-2024 - SEZ
    Central Government de-notifies an area of 4.37 hectares, thereby making resultant area as 1.40 hectares at Puppalguda Village, Rajendra Nagar Mandal, Ranga Reddy District, in the State of Telangana;
  • FEMA Circulars

  • 19 Dated: 11-11-2024
    Operational framework for reclassification of Foreign Portfolio Investment to Foreign Direct Investment (FDI)
  • 18 Dated: 4-10-2024
    Due diligence in relation to non-resident guarantees availed by persons resident in India
  • 17 Dated: 1-10-2024
    Compounding of Contraventions under FEMA, 1999
  • 16 Dated: 6-9-2024
    Liberalised Remittance Scheme (LRS) for Resident Individuals-Discontinuation of Reporting of monthly return
  • 15 Dated: 10-7-2024
    Remittances to International Financial Services Centres (IFSCs) under the Liberalised Remittance Scheme (LRS)
  • Companies Law Circulars

  • NF- 25013/2/2023-O/o Secy-NFRA Dated: 3-10-2024
    Responsibilities of Principal Auditor and Other Auditors in Group Audits
  • 09/2024 Dated: 19-9-2024
    Clarification on holding of Annual General Meeting (AGM) and EGM through Video Conference (VC) or Other Audio Visual Means (OAVM) and passing of Ordinary and Special resolutions by the companies under the Companies Act, 2013 read with Rues made thereunder -Extension of timeline
  • 07/2024 Dated: 17-7-2024
    Merger of Forms IEPF-3 With IEPF-4 and IEPF-7 with IEPF-1 along with change in payment process thereof in MCA Version 3
  • 06/2024 Dated: 16-7-2024
    Filings under section 124 and section 125 of the Companies Act 2013 read with IEPFA (Accounting, Audit, Transfer and Refund) Rules 2016 in view of transition from MCA 21 version 2 to version 3
  • 05/2024 Dated: 6-7-2024
    Extension of time for Filing of PAS-7
  • 04/2024 Dated: 4-7-2024
    Filing of Forms [BEN-2, MGT-6] due to migration from V2 Version to V3 Version in MCA 21 Portal from 4th July, 2024 to 14th July, 2024
  • IBC Circulars

  • IBBI/LIQ/78/2024 Dated: 29-10-2024
    Centralized Electronic Listing and Auction Platform for the Sale of Assets under Liquidation Process
  • IBBI/LIQ/77/2024 Dated: 9-10-2024
    Extension of time for filing Forms to monitor voluntary liquidation processes under the Insolvency and Bankruptcy Code, 2016, and the regulations made thereunder.
  • IBBI/LIQ/76/2024 Dated: 9-10-2024
    Extension of time for filing Forms to monitor liquidation processes under the Insolvency and Bankruptcy Code, 2016, and the regulations made thereunder
  • IBBI/RV/75/2024 Dated: 12-8-2024
    Generation of Valuation Report Identification Number for valuation conducted by Register Valuer under Insolvency and Bankruptcy Code, 2016.
  • IBBI/LIQ/74/2024 Dated: 28-6-2024
    Filing Forms to monitor Voluntary liquidation processes under the Insolvency and Bankruptcy Code, 2016, and the regulations made thereunder.
 
 

Quick Updates:Latest Updates