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Central Board Of Indirect Taxes

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HC orders Customs to ensure old jewellery of flyers are...

The Delhi high court has directed Customs officials to ensure that old and personal jewellery of travellers, including ornaments being worn by them during travel, are not unnecessarily detained at......

India ends transshipment pact with Bangladesh after Yunus remark

India has withdrawn the transshipment facility it extended to Bangladesh for exports to the Middle East, Europe and various other countries through its ports and airports amid increasing strain in......

Modi raises anti-India activities in NZ with visiting PM

India and New Zealand on Monday inked a pact to institutionalise their defence ties and vowed to boost cooperation in the Indo-Pacific even as Prime Minister Narendra Modi flagged concerns to his......

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......

USTR Report Intensifies Trade Tensions With India

The US Trade Representative noted that India's average applied tariff rate stood at 17% per cent, the highest of any major world economy. Kindly note the image has been posted only for......

Central GST offices to remain open from March 29-31

Central GST (CGST) field offices will remain open on March 29-31, the Central Board of Indirect Taxes and Customs (CBIC) said on Friday. Illustration: Dominic Xavier/Rediff.com The CBIC directive......

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......

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