Monthly Tax Bulletin: October 2025

Key highlights:

• The CBIC issues a series of notifications to give effect to the 56th GST Council recommendations and Finance Act, 2025.   
• Export duty is not leviable on supplies from a DTA to a SEZ - Supreme Court.
• India and the EFTA TEPA comes into effect from 1 October 2025; the CBIC notifies Origin rules and related exemptions under Customs.
• The CBDT extends the due date of the tax audit report till 31 October 2025 for assessment year (AY) 2025-26.
• The General Anti-Avoidance Rule (GAAR) provisions are not applicable to stock market transactions – Telangana High Court.
• The SC upholds the High Court’s view that the TPO must verify prescribed conditions before adjusting the arm’s length price on intra-group services.

Monthly Tax Bulletin - October 2025

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

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