CBIC issues Circular on Recovery and Write off of Arrears of Revenue [Read Circular]
The Central Board of Indirect Taxes and Customs (CBIC) has issued the master circular on recovery and write-off of arrears of revenue. The Board has issued Instructions/Circulars relating to recovery of arrears under Central Excise,
IGST, Cess, Customs leviable on Goods Exported for Repairs abroad and Cut, polished precious and semi-precious Stones Exported for Treatment abroad: CBIC [Read Notification]
The Central Board of Indirect Tax and Customs (CBIC) notified that IGST, Cess, Custom leviable on Goods exported for repairs abroad and Cut, polished precious and semi-precious stones exported for treatment abroad. The Board seeks
CBIC further extends Deadline for Submission of Cargo Declarations by Authorized Sea Carriers to June 30, 2024 [Read Order]
The Central Board of Indirect Taxes and Customs (CBIC) has issued a notification, in extension of the submission date of cargo declarations for authorized sea carriers. The notification amends the Sea Cargo Manifest and Transhipment
CBIC enables Fast Track Clearances of COVID-19 vaccines at all Major Airports
The Central Board of Indirect Taxes and Customs (CBIC) proactively put in place a COVID Response Plan (CRP) for speedy clearances of COVID-19 vaccines at all major airports. Recognizing that efficient and expeditious release of
CBIC appoints panel of Senior and Junior Standing Counsels of CBIC to Handle Litigation of Indirect Taxes before Delhi High Court [Read Order]
The Central Board of Indirect Taxes and Customs (CBIC) appoints a panel of Senior or Junior Standing Counsels of CBIC to handle litigation of Indirect Taxes before Delhi High Court. The engagement of these Senior
CBIC reduces Compliance Burden for Registration of Authorised Couriers under Customs [Read Circular]
The Central Board of Indirect Taxes and Customs(CBIC) has notified a reduction in compliance burden regarding registration of Authorised Couriers. As part of reducing the compliance burden on stakeholders, the Central Board of Indirect Taxes
CBIC exempts Registered Taxpayers having Aggregate Turnover upto Rs.2 cr from filing GST Annual Return for FY 2020-21 [Read Notification]
The Central Board of Indirect Taxes and Customs (CBIC) has notified to exempt Registered Taxpayers having Aggregate turnover upto Rs.2 crore from filing annual return for Financial Year 2020-21 from filing annual return. “In exercise
CBIC issues Instructions on Issuance of Show Cause Notices in Time-bound manner [Read Circular]
The Central Board of Indirect Taxes and Customs (CBIC) issued the instructions on  issuance of Show Cause Notices (SCNs) in a time bound manner. A detailed analysis to pursue trends in cases of GST evasion
CBIC notifies addition of Democratic Republic of Congo to list of Countries in Notification 96/2008 regarding Duty free tariff preference for LDCs (Least Developed Countries) [Read Notification]
In a significant development, the Central Board of Indirect Taxes and Customs (CBIC) has issued a notification to amend Customs Notification No. 96/2008 dated 13.8.2008, announcing the inclusion of the Democratic Republic of Congo in
CBIC to launch an Outreach Programme to inform benefits of GST to Trade at large: Says CBIC Chairman
The 6th Goods and Services Tax (GST) Day was celebrated on July 1st 2023 with the vision GST@6 with Union Minister for Finance & Corporate Affairs, Smt. Nirmala Sitharaman presided over as the Chief Guest
1% Cash Payment under Rule 86B of GST liability to affect only 0.5% Taxpayers, says CBIC
The Central Board of Indirect Taxes and Customs (CBIC) while clearing the misconceptions, in a series of tweets, has said the rule will be applicable to only 0.5% of the total taxpayers base of 1.2
CBIC issues Instruction on Import of Sajji Khar / Papad Khar [Read Notification]
The Customs, Excise, and Service Tax Appellate Tribunal (CBIC) has issued the instructions on the import of Sajji Khar/ Papad Khar. The CBIC said that the import of Sajji Khar/ Papad Khar does not require
CBIC extends Due Date for filing GST PMT-06 [Read Notification]
The Central Board of Indirect Taxes and Customs (CBIC) has extended the due date for filing of GST PMT-06 till 27th May 2022. The notification issued on Tuesday stated that“CBIC vide Notification No. 06/2022- Central Tax
CBIC issues Guidelines for Sale of Seized or Confiscated Gold [Read Circular]
The Central Board of Indirect Taxes and Customs (CBIC) issued Guidelines for the sale of seized or confiscated gold. The Board directed to refer to Para 11.2 of Chapter 11 of Disposal Manual 2019 read
CBIC waives off Late Fees for one day to Taxpayers facing Technical Glitches while filing GST Returns
The Central Board of Indirect Taxes and Customs (CBIC) directed the Goods and Service Tax Networks to waive off  Late Fees and interest for one day due to technical glitches in the updation of Electronic