CBEC to Go Liberal in Enforcing Penal provisions for Initial Six Months of GST Implementation, says CBEC Chairman
“We look forward to assisting and facilitating industry in the adoption of GST in all possible ways. CBEC will help industry in the transition to GST and our enforcement machinery will be liberal in enforcement
CBEC enumerates Customs Initiatives for Reduction in Transaction Cost
The Central Board of Excise and Customs (CBEC) have issued an advisory on initiatives taken by the Customs department for the reduction in transaction cost. Firstly, the department has given a relaxation to the Cargo service
72% feels perceptible change in policies of the CBEC: Survey
The Central Board of Excise & Customs (CBEC) had requested FICCI to conduct a tax payers’ experience survey with the objective of garnering a feedback on impact that reforms undertaken during the last two years
Breaking: Due Date for filing TRAN-2 Extended [Read Order]
The Central Government has today extended the due date for filing of TRAN-2. Earlier, the Government had amended the CGST Rules to prescribe that the due date for filing of TRAN-2 is 31st March 2018.
40 Officers of CBEC selected for Grant of Presidential Award of Appreciation Certificate for Specially distinguished Record of Service
Every year, the Officers of the Board of Customs & Central Excise, Department of Revenue are considered for grant of Presidential Award of Appreciation Certificate for ‘exceptionally meritorious service rendered at the risk of life’
CBEC clarifies GST in respect of Certain Services like Bus Body Building, Tyre Retreading [Read Circular]
The Central Board of Excise and Customs (CBEC) has today clarified the applicability of Goods and Services Tax (GST) in respect of certain services such as bus body building, retreading of tyres, Priority Sector Lending
Exporters having Remittance of 1 to 10 Cr of Export Turnover can avail the Facility of LUT under GST: CBEC [Read Circular]
The Central Board of Excise and Customs (CBEC) on Friday issued clarifications on issues related to furnishing of Bond/Letter of Undertaking for Exports. The circular stated that the Notification dated 7.07.2017 prescribing conditions to be
CBEC to known as CBIC from Tomorrow
With the implementation of the Finance Act, 2018 from tomorrow, i.e., 1st April 2018, the Central Board of Excise and Customs (CBEC) to be renamed as Central Board of Indirect Taxes and Customs (CBIC). The
CBEC appoints 111 Senior/Junior Standing Counsels
Central Board of Excise and Customs (CBEC) has vide order dated 18.06.2016 read with note dated 22.06.2016, annulled the appointment of 111 Senior/Junior Standing Counsels from the panel of counsels notified for representing CBEC and
Customs Clearance to go Paperless from Dec 1st: CBEC
These instructions will become operational from 1st December, 2016; Will help the Importers and Exporters to move towards electronic messaging and paper–free environment.  The “Ease of Doing Business” will be further enhanced for the Importers
Govt Notifies Postponement of Reverse Charge Mechanism till June [Read Notification]
The Central Board of Excise and Customs (CBEC) has notified that the implementation of reverse charge mechanism (RCM) has been deferred until 30th June 2018. As per the new notification, there will not be the
GST: Govt Extends Due Date for Filing GSTR-1 [Read Notifications]
The Central Board of Excise and Customs (CBEC) today extended the time limit for filing of GSTR-1 for both entities who have turnover up to 1.5 crores and more than 1.5 crores. As per the
CBEC Prescribes Due Dates for filing GSTR-3B for April to June [Read Notification]
The Central Board of Excise and Customs (CBEC) today notified the due dates for filing GSTR3B for the period April 2018 to June 2018. As per a notification issued by the Board today, return for
CBEC Circular on Valuation in case of Sale of Goods Partly to Related and Independent Parties Not Violative of Central Excise Laws: Supreme Court [Read Order]
The Supreme Court, on Monday upheld the validity of the circular issued by the Central Board of Excise and Customs (CBEC), now CBIC, and held that the circular dated 1.7.2002 regarding valuation of when goods
CBEC asks Exporters to Register their Bank Accounts with Customs for IGST Refunds
The Central Board of Excise and Customs (CBEC) asked the exporters to register their Bank Accounts with Customs for Integrated Goods and Services Tax (IGST) refunds before filing shipping bills. "Attention Exporters: Registration of your