CBIC has launched a new Warehouse Module on the Indian Customs Electronic Gateway

This module introduces a streamlined, digital framework for various warehouse-related activities, aiming to reduce paperwork, enhance transparency, and promote efficiency. Key features include online filing for warehouse licenses, submission of transfer requests, and uploading of monthly returns. This article provides an overview of the newly introduced processes.

Timeline for examination of input tax credit against reduction of price

CBIC has appointed the 1st day of April, 2025 as the last date to submit request for examination as to whether input tax credits availed by any registered person or the reduction in the tax rate have actually resulted in a commensurate reduction in the price of the goods or services or both supplied by that registered person.

CBDT has issued an extension of time lines for filing of various reports of audit for the Assessment Year 2024-25

CBDT has issued an extension of time lines for filing of various reports of audit for the Assessment Year 2024-25 by a company; or a person (other than a company) whose accounts are required to be audited under this Act or under any other law for the time being in force a working partner of a firm whose accounts are required to be audited under this Act or under any other law for the time being in force.

India Calls for Global Cooperation to Combat Antimicrobial Resistance

Addressing the gathering, the minister stressed on the critical threat AMR poses to global public health, undermining decades of progress in modern medicine. She called for the integration of AMR containment strategies into various health programs, including pandemic preparedness, health system strengthening, and universal health coverage.