CBIC mandates timebound digital records of arrests
The indirect taxes body has made it compulsory for its officials to make digital records of arrests, showcause notices, seizures, filings for prosecution and case closures in a timebound manner.The…
E-filing of CESTAT appeals begins on trial basis
Taxpayers can start e-filling of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) appeals and applications from today. The Central Board of Indirect Taxes and Customs (CBIC) has prepared its…
India exempts Covid-19 vaccine from import duty
The Central Board of Indirect Taxes and Customs (CBIC) has fully exempted imports of Covid 19 vaccines from basic customs duty, from October 1 till December 31. "The Central Government,…
FinMin to issue appreciation certificate to 54, 439 GST payers
The finance ministry on Wednesday said it will issue certificates of appreciation to over 54,000 GST payers for timely filing of returns and cash payment of the tax, to mark…
India revokes anti dumping duty on nylon tyre cord fabric
India Thursday revoked anti-dumping duty on nylon tyre cord fabric imported from China, the Central Board of Indirect Taxes and Customs (CBIC) said in a notification. The duty was first…
India extends anti-dumping duty on methylene chloride imports from China till Jan 31
India has extended anti-dumping duty on imports of methylene chloride from China till January 31, 2021, the Central Board of Indirect Taxes and Customs (CBIC) said in a notification issued…
CBDT and CBIC sign MoU for exchange of information on automatic and regular basis
The Central Board of Direct Taxes (CBDT) and the Central Board of Indirect Taxes and Customs (CBIC) signed a Memorandum of Understanding (MoU) for exchange of information This MoU supersedes…