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Govt appoints B.N. Sharma as Chairman of National Anti-Profiteering Authority under GST

Taxscan Team

In an immediate follow up action of last week's Cabinet approval for creation of the posts of Chairman and Technical Members of the National...

CBEC appoints FICCI as National Guaranteeing Association for the Operation of TIR System in India

CBEC Relaxes Norms for KYC Verification: Invites Comments from Officers & Stakeholders [Read...

CBEC amends Condition to Provisional Mega Power Projects and Permit Proportionate release of FDR or...

CBEC Clarifies Issues on Applicability of GST on Goods Transferred / Sold while being Deposited in a...

No GST on Terracotta Idols: CBEC [Read Circular]

While clarifying issues relating to classification and GST rate on Terracotta idols, the Central Board of Excise and Customs (CBEC) clarified that no tax is payable on such items. Earlier, as per...

E-Sealing is Optional for Exporters till 15th December if the readers are in place at the Customs Station of Export: CBEC [Read Circular]

The Central Board of Excise and Customs (CBEC), on Saturday clarified that the exporters who have started using e-seals can continue the same whereas the other exporters who intend to voluntarily...

Milling of Paddy into Rice on Job Work basis is liable to GST at rate of 5%: CBEC [Read Circular]

In a Circular issued, the Central Board of Excise and Customs (CBEC) has clarified that, milling of paddy into rice on job work basis, is liable to GST at the rate of 5%, on the processing charges...

Central Govt appeals Industry Leaders to pass benefit of GST Rate Reduction to Consumers

The GST Council in its 23rd Meeting held on 10th November, 2017 at Guwahati, has recommended the reduction of the GST rate from 28% to 18% on goods falling under 178 headings, leaving now only 50...

Restriction on Refund of Unutilised ITC on Fabric Items not applicable to Zero Rated Supplies, CBEC clarifies [Read Circular]

The Central Board of Excise and Customs (CBEC) has issued clarification on Refund of unutilized input tax credit of GST paid on inputs in respect of exporters of fabrics. In a Circular issued by CBEC...

Govt Amends IGST Rules by Incorporating Provisions for Apportionment of Tax with respect to Advertisement Services [Read Notification]

The Central Board of Excise and Customs (CBEC) last day notified amended Integrated Goods and Services Tax (IGST) Rules prescribing apportionment of IGST with respect to advertisement services. The...

CBEC releases Updated Schedule of CGST Rates on Goods

The Central Board of Excise and Customs has released updated scheduled of Central Goods and Services Tax (CGST) rates on Goods as on 15/11/2017 for ease of reference. The CGST rates on certain goods...

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