Custom Duty : The circular permits unloading of returned export cargo and cancellation of Shipping Bills under special conditions. Export incent...
Goods and Services Tax : Analysis of GSTR-1 vs GSTR-3B mismatch, Section 128A interest/penalty waiver, and the controversial CBIC circular. Legal challenge...
Custom Duty : CBIC introduces Ekal Anubandh for single electronic bonds, reducing costs and delays for importers/exporters. Learn about its feat...
Goods and Services Tax : Learn about Reverse Charge Mechanism (RCM) under GST, its applicable goods/services, suppliers, recipients, and GST rates. Stay up...
Goods and Services Tax : CBIC issues guidance on GST treatment of vouchers, addressing distribution models, unredeemed vouchers, and associated services to...
Custom Duty : The reform removes value restrictions on courier exports, enabling higher-value shipments. It aims to boost e-commerce exports and...
Custom Duty : Exporters using the postal route can now claim Duty Drawback, RoDTEP, and RoSCTL benefits. The move creates parity with other expo...
DGFT : Union Commerce Minister Piyush Goyal has launched a guidebook mapping 12,167 HSN Codes to 31 ministries, aiming to improve policy,...
Custom Duty : The government provides details on current vacancies in the CBDT and CBIC, citing ongoing recruitment efforts and challenges like ...
Goods and Services Tax : CBIC alerts taxpayers to fake GST summons. Verify communications using the CBIC-DIN tool online. Report suspicious activity to DGG...
CA, CS, CMA : The Central Administrative Tribunal, Cuttack, imposed a ₹20,000 cost on the CBIC Chairman for non-compliance with its earlier di...
Goods and Services Tax : Delhi High Court held that demand on account of ITC availed from supplier whose GST registration has been cancelled retrospectivel...
Custom Duty : Delhi High Court directed Customs Officials to ensure that old jewellery of even Indian travellers, personal jewellery which is be...
Goods and Services Tax : Delhi High Court rules that CBIC is not required to clarify GST on Battery Energy Storage Systems (BESS), directing taxpayers to r...
Custom Duty : Delhi High Court calls for a review of Baggage Rules to address outdated limits on gold jewellery and prevent harassment of genuin...
Custom Duty : The government has retained existing tariff values for key imports like gold, silver, and edible oils. The update ensures valuatio...
Goods and Services Tax : Raigad CGST Commissionerate issued SOPs for taxpayer grievance redressal, introducing open house meetings, local seminars, and esc...
Custom Duty : CBIC circular simplifies bank account registration for exporters. Same incentive bank account and IFSC code are now auto-approved ...
Custom Duty : CBIC newsletter covers GST Bachat Utsav, grievance redressal rank, BRICS recognition, cargo scanner launch, and GST evasion enforc...
Custom Duty : CBIC launches a training program for civil servants, integrates digital test reports for customs, and mandates an annual training ...
Oceanic Consultants Pvt Ltd Vs Commissioner or Central Excise And Service Tax (CESTAT Chandigarh) CESTAT Chandigarh held that Indian Company engaged in promoting and marketing services provided by Australian Company is eligible for the benefit of the export of services. Facts- The appellants, M/s Oceanic Consultants Private Limited, have been engaged by M/s Oceanic Consultants […]
CBIC’s latest update covers Union Budget review, major Tramadol seizures, and uncovering of a fake ITC racket, highlighting key tax administration efforts.
Discover the CBIC July 2024 newsletter highlights including NTRS 2024 findings, RoDTEP benefits for SEZs, and a crackdown on gold smuggling.
Get a detailed summary of the latest GST notifications and circulars issued on 10 July 2024, including changes in GSTR 1, ISD mechanisms, and more.
Explore Customs Notification No. 48/2024 by CBIC, detailing the appointment of adjudicating authorities for M/s Avlock International India’s show cause notices.
Read the Madras High Court’s judgment setting aside an unreasoned GST demand order against Ford India, citing GSTR 9 and GSTR 2A mismatches. Full text included.
CBIC revises monetary limits for adjudicating show cause notices in Central Excise for commodities under Chapter 24 of Schedule IV. Read the full details here.
Discover the GST place of supply for custodial services provided by Indian banks to Foreign Portfolio Investors (FPIs), clarified by CBIC Circular No 220/14/2024-GST.
Explore CBIC’s latest newsletter marking 7 years of GST, commendations to officers, global customs agreements, anti-drug initiatives, and a smuggling case bust. Read more.
Discover how CBIC’s new Exchange Rate Automation Module (ERAM) simplifies trade with 22 currency exchange rates online. Learn more about its impact and implementation.
