Monthly Tax Bulletin: November 2025

Key highlights:

• The CBDT extends due dates for the filing of Form 10B/10BB for charitable institutions.
• NITI Aayog releases a discussion paper on permanent establishment and profit attribution in the digital economy.
• The RBI simplifies the process for the closure of shipping bills and bills of entry to ease the compliance burden on exporters and importers.
• Tribunal rulings clarify the treatment of management fees, comparability adjustments, and benchmarking of captive service providers under transfer pricing.
• The SC upholds input tax credit benefit despite the seller’s default in VAT payment.
• The CBIC launches system-driven refund module under GST to enhance transparency and automation.
• The CBIC operationalises post-clearance voluntary amendment framework enabling self-correction of genuine import/export errors.

Monthly Tax Bulletin - November 2025

November 2025 edition of the Grant Thornton Bharat Monthly Tax Bulletin captures key developments under the direct taxes, transfer pricing, indirect taxes, and FEMA, for October 2025.

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