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CBIC notifies BCD Exemption on Vessels and other Floating Structures for Breaking up [Read Notification]

Navasree A.M

Central Board of Indirect Taxes and Customs issued Notification No. 13/2023- Customs dated February 23, 2023. The current notification is the...

CBIC amends Form A: Warehouse Licensee to maintain details of Ex-bond Bill of Entry/ Shipping Bill...

Involuntary Reversal of GST ITC during Search by forced Generation of Form DRC-03: Gujarat HC...

Unreasonable delays - Antecedent Verifications - CBIC - Taxscan

Unreasonable delays in Antecedent Verifications: CBIC issues circular to complete verification...

Composition Taxpayers cannot Issue Taxable Invoice or Collect GST from Customers and Claim ITC: CBIC...

Threatens passenger bringing iPhone: 3 Customs Officials suspended at Mumbai Airport

The customs officials of Mumbai Airport threatened the international passenger bringing an iPhone. The 3 customs officials were suspended. Another instance of digital extortion occurred recently...

49th GST Council Meeting Clarifies GST Levy on Services provided by Courts

The Union Finance Minister Nirmala Sitaraman chaired the 49th meeting of the GST Council today, at Vigyan Bhawan, New Delhi. The Key Highlights from the Council Meeting, include a clarification on...

CBIC Reassigns Appeals Pending at Thiruvananthapuram Zone to Central Excise Officer

The Central Board of Indirect Taxes and Customs (CBIC) has recently released Order No. 01/2023 on February 09, 2023. This new order replaces the previous Order No. 04/2021, which was issued on...

CBIC - Central - Excise - Officer - TAXSCAN

ITC on CSR is still a no-go: Clarificatory Circular by CBIC anticipated

The Finance Bill 2023 proposed an amendment to section 17 of the Central Goods and Services Tax (CGST) Act, which would disallow input tax credit ( ITC ) for goods or services used in Corporate...

CBIC issues BIS compliance Instructions for Importing Toys and parts of Toys [Read Instruction]

The Central Board of Indirect Taxes and Customs issued an Instruction No.06/2023 dated February 14, 2023 to strengthen the compliance with the prescribed Bureau of Indian Standards (BIS)...

CBIC - BIS - BIS compliance - BIS compliance Instructions - Instructions - Importing Toys - Toys - Import - Importing Toys and parts of Toys - parts of Toys - taxscan

CBIC releases Instructions regarding Import Restrictions on High Risk Food Products [Read Instruction]

The Central Board of Indirect Taxes and Customs ( CBIC ) has recently, drawing reference to Board's Instruction No. 31/2022 dated 14.11.2022 relating to the restriction on the entry of Food Items...

Better Cargo Evacuation: CBIC amends Circular allowing Transhipment of Bangladesh Export Cargo through Delhi Air Cargo [Read Circular]

In order to permit transhipment of Bangladesh export goods to other countries via Delhi Air Cargo, the Central Board of Indirect Taxes & Customs ( CBIC ) issued Circular No. 03/2023-Customs on...

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