- Key Changes in Indirect Taxes: The DA Tax Alert for January 2025 highlights significant updates in indirect taxes, including GST exemptions on leasehold land, the classification of supplies from SEZ to DTA as imports, and important rulings regarding ITC and GST registration.
- Customs Updates: The alert also covers customs-related changes, such as the allowance for amendments to shipping bills for re-exported goods, the right of Export Oriented Units (EOUs) to access customs benefits, and interpretations of exemption criteria based on intent.
- Additional Resources: For further insights, the alert includes links to updates and articles from December 2024, covering GST Council recommendations, customs news, and automated GST refund procedures, along with an invitation for inquiries and assistance regarding indirect taxes.
Source Darda Advisors LLP