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 move is aimed at bringing more accountability and transparency in the search and seizure process and maintaining a robust database. The Central Board of … Read more
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 portal for e-filing and will test the new module on a trial basis starting from February 28 to March 3. “A module for e-filing of … Read more
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, on being satisfied that it is necessary in the public interest so to do, hereby exempts the goods of the description specified when imported into … Read more
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 the fourth anniversary of the historic tax reform Goods and Services Tax. More than 66 crore GST returns have been filed so far and lower … Read more
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 imposed on such imports in June 2015. The Directorate General of Trade Remedies (DGTR) had in October recommended extending the duty of $520- 1100 per … Read more
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 Tuesday. The Board said that the decision has been taken after the Directorate General of Trade Remedies (DGTR) initiated a review and sought for extension … Read more
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 the MoU signed between CBDT and the erstwhile Central Board of Excise and Customs (CBEC) in the year 2015. “Significant developments have taken place since … Read more