Boarding Officer to Improve Boarding Function Transparency by Boarding Jackets Fitted with Body Worn Camera (BWC): CBIC [Read Circular]
A recent circular from the Central Board of Indirect Tax and Customs ( CBIC ) has issued guidelines relating to the boarding of vessels by Customs Officers which has decided to improve the transparency of
License under Customs House Agents Licensing Regulations to be invalid, if Licensee is inactive for 1 year: CBIC [Read Notification]
The Central Board of Indirect Taxes and Customs (CBIC) notified that the license under Customs House Agents Licensing Regulations to be invalid, if the licensee is inactive for 1 year. The Board has notified the
Risky Exporter Alert : All you need to know!
When alert of risky exporter is invoked on the Import Export Code, all the refunds of IGST, Drawback and other benefits gets stopped and all the export consignment are subject to verification. This stoppage of
CBIC notifies GST Council’s ITC Conditions for Same-Line Businesses; Restricts it to 2.5% when Supplier Charges a Higher Tax Rate [Read Notification]
The Central Board of Indirect Taxes and Customs (CBIC), vide notification no. 12/2023 has notified the Input Tax Credit conditions for the same line of businesses according to the recommendations of the Goods and Services
GSTN release Module wise new functionalities deployed on GST Portal for Taxpayers
The Goods and Service Tax Network (GSTN) notified the Module wise new functionalities deployed on the GST Portal for taxpayers from December 2020 till July 2021. “Various new functionalities are implemented on the GST Portal,
CBIC reallocates New GSTIN to Taxpayers of Union Territory of Ladakh
The Central Board of Indirect Taxes and Customs ( CBIC ) has reallocated the New Goods and Services Tax Identification Number ( GSTIN ) to Taxpayers of Union Territory of Ladakh. In a Statement issued
CBIC to Implement Paperless Customs Compliance for Exports, Hints Chairman Vivek Johri
The Chairman of the Central Board of Indirect Taxes and Customs (CBIC) Mr. Vivek Johri hinted that the Board is working on a new system where web-based registration of goods exports would be allowed, to
CBIC Notifies Amended Rules for GST Practitioners Exam [Read Notification]
The Central Board of Indirect Taxes and Customs ( CBIC ) has notified the amended rules for the Goods and Services Tax ( GST ) Practitioner’s Exam. The Notification issued by the Board on Tuesday
CBIC adds Bhopal Airport for Customs Baggage Handling Services [Read Notification]
The Central Board of Indirect Taxes and Customs ( CBIC ) has introduced significant amendments through Notification No. 19/2024-Customs ( N.T. ), issued on March 8, 2024. The amendment has revised Notification No. 61/94-Cus. (
GST applicable on Deferred Payments for Construction of Roads: CBIC [Read Circular]
The Central Board of Indirect Taxes and Customs ( CBIC ) has today issued a circular clarifying that GST is applicable on annuities (deferred payments) paid for the construction of road where a certain portion
CBIC allows Taxpayer to pay SGST using IGST credit before adjusting CGST Liability [Read Notification]
In a bid to aid businesses with better cash flow management, the Central Board of Indirect Taxes and Customs ( CBIC ) has reversed its earlier notification and granted relief to the businesses in terms
CBIC Announces Reduction in Basic Customs Duty for Duck Meat Imports, Effective Immediately [Read Notification]
The Central Board of Indirect Taxes and Customs ( CBIC ) has issued Notification No. 13/2024-Customs dated March 06, 2024, amending the previous Notification No. 50/2017-Customs dated June 30, 2017. This amendment aims to lower
Intra-State Suppliers of Goods / Services shall issue Tax Invoice under Composition Scheme [Read Notification]
The Central Board of Indirect Taxes and Customs (CBIC) has issued an order clarifying that the intra-State suppliers of goods and services to whom the composition scheme is extended shall issue a tax invoice under
CBIC issues Instructions on Import of Wireless Equipment by Telecom Service Providers on basis of self-declaration [Read Circular]
The Central Board of Indirect Taxes and Customs (CBIC) has issued the instructions on import of wireless equipment by Telecom Service Providers on the basis of self-declaration from November 15, 2021. The CBIC has allowed
CBIC issues Instructions on Implementation of E-Waste (Management) Rules, 2022 [Read Circular]
The Central Board of Indirect Taxes and Customs ( CBIC ) has issued instructions regarding the implementation of E-Waste (Management) Rules, 2022 in supersession of E-Waste (Management) Rules, 2016. The Ministry of Environment, Forest and