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Central Board Of Indirect Taxes

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CBI books ED officer for extorting Shimla institutes; recovers Rs 1 cr

The Central Bureau of Investigation has registered one more FIR in connection with an alleged bribery scandal involving the Enforcement Directorate's assistant director posted in Shimla, who had......

What Puja Is Nirmalaji Performing?

Finance Minister Nirmala Sitharaman chaired the 48th meeting of the Goods and Services Tax Council in New Delhi on Saturday. The FM then flew to Chennai on Sunday to inaugurate Nandavanam, the......

Tax raids in UP on 'Samajwadi' perfume maker

The Income Tax department on Friday raided multiple premises linked to perfume traders and some others in Uttar Pradesh as part of a tax evasion investigation, official sources said. IMAGE: SP......

'Biggest haul ever': Rs 150 cr in cash seized in tax raids on UP firm

Vivek Johri, the Chairman of Central Board of Indirect Taxes and Customs (CBIC) on Friday said that the cash recovery of approximately Rs 150 crore from searches in Kanpur at several locations......

Sameer Wankhede's Mumbai NCB stint ends; sent back to DRI

The tenure of controversial Narcotics Control Bureau Mumbai zonal director Sameer Wankhede with the federal anti-narcotics agency has ended and his services have been put at the disposal of his......

CBIC clarifies rules, says no GST to apply on pre-paid gift vouchers, cards

In a recent clarification, the Central Board of Indirect Taxes and Customs (CBIC) provided insights into the goods and services tax (GST) treatment of transactions involving vouchers.......

Why gold import computation went wrong

The government's initiative to migrate SEZ data from NSDL software to ICEGATE system for streamlined reporting of import data caused double counting of gold imports, resulting in inflated figures......

20,000 GST Notices Issued For Rs 800 Bn Taxes

About 1.2 trillion tax evasion cases have been detected and as many as 59,000 entities identified for verification in order to ascertain whether they are fake. Illustration: Dominic......

Customs duty cut on silver likely to give Centre breather for now

The steep cut in Customs duty on silver in the FY25 Budget to 6 per cent from 15 per cent may provide the government temporary relief by checking the spurt in silver imports from the United Arab......

Infosys under probe for alleged GST evasion of Rs 32,403 cr

India's second largest IT services company Infosys has been slapped with a 'pre-show cause' notice for alleged GST evasion to the tune of about Rs 32,403 crore. Photograph: Vivek Prakash/Reuters......

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