The Court set aside confiscation and penalty because the authority failed to consider the importer’s claim of duty exemption under Special Advance Authorization. The key takeaway is that orders ...

Multiple notifications and circulars issued during the week implemented Budget 2026 measures across direct and indirect taxes. The updates impact compliance, exemptions, refunds, automation, and ...

DGFT revamps eBRC framework with GST details made mandatory from January 13, 2026: Shardul Nautiyal, Mumbai Wednesday, January 14, 2026, 08:00 Hrs [IST] In a significant move to s ...

The government has imposed a minimum import price on three key penicillin ingredients for one year, aiming to support domestic manufacturers and secure India's antibiotic supply chain.

The government has allowed limited exports of wheat flour and related products, permitting shipments of up to 5 lakh tonnes, marking a partial easing of the ban imposed in 2022. The Directorate ...