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CBIC Chairman’s Weekly Newsletter: Innovations in Indirect Tax Administration

August 7, 2023 915 Views 0 comment Print

Read weekly newsletter from CBIC Chairman, Sanjay Kumar Agarwal, focusing on innovations, anti-smuggling efforts, and fostering integrity in indirect tax administration.

Income Tax Department Young Professional Scheme

August 2, 2023 11424 Views 0 comment Print

Learn about the Young Professional Scheme introduced by the Income Tax Department to enhance departmental representation in ITAT for tax litigations. Find details and deployment regions.

Weekly newsletter from Chairman, CBIC dated 31/07/2023

July 31, 2023 1350 Views 0 comment Print

It is with a deep sense of satisfaction and fulfilment that I demit office today after putting in 38 long years in this glorious Service. I have been particularly fortunate to have had the opportunity to serve the nation and you as Chairman of the Board in the final leg comprising almost two years.

Weekly newsletter from Chairman, CBIC dated 28/07/2023

July 28, 2023 822 Views 0 comment Print

Decision-makers therefore cannot simply wish away the uncertainty of outcomes from the choices they make. They have to develop strategies that specifically address the challenges. This would involve multiple interacting variables; thinking that would cover a full spectrum of different experiences and scales and predict the future with varying levels of certainty.

CBIC Standardizes AD Code Registration Process for Exports

July 28, 2023 18732 Views 0 comment Print

CBIC issued instructions to standardize documentary and information requirements for AD Code registration/modification in relation to exports

CBDT Clarification on Rule 114F(5) of Income Tax Rules

July 26, 2023 3114 Views 0 comment Print

Get the latest clarification from CBDT on Rule 114F(5) of the Income Tax Rules, 1962. Know the status of Treaty Qualified Retirement Fund and more.

Suspension of Licence of Customs Broker – CBIC directs adherence to guidelines

July 18, 2023 2820 Views 0 comment Print

The Central Board of Indirect Taxes and Customs in India has received concerns about the suspension of Customs Broker licenses, even when it may not be warranted. This practice can have disruptive consequences, particularly for small enterprises. Regulation 16 of the CBLR, 2018 provides the Commissioner of Customs with the power to suspend licenses in […]

Weekly newsletter from Chairman, CBIC dated 14/07/2023

July 14, 2023 459 Views 0 comment Print

The weekly newsletter from the Chairman of the Central Board of Indirect Taxes & Customs (CBIC) dated 14/07/2023 highlights India’s exceptional trade facilitation ranking and showcases a traditional art form from the Tirupathi region. The newsletter also mentions significant achievements in customs operations and emphasizes the importance of supporting communities affected by extreme weather events. […]

Release of Imported Consignments for Producers of 106 EEEs Items: Customs Instruction

July 14, 2023 2583 Views 1 comment Print

Read the latest instruction from the Ministry of Finance and Central Pollution Control Board regarding the release of imported consignments for producers of 106 EEEs items under the E-Waste (Management) Rules, 2022.

Ministry Dispenses with SOFTEX and Invoice Submission by SEZ Units

July 14, 2023 3249 Views 0 comment Print

Read Instruction No. 113 issued by the Government of India’s Ministry of Commerce & Industry, Department of Commerce, SEZ Division. The instruction aims to streamline the compliance process for SEZ units by eliminating the need for physical copies of SOFTEX forms and invoices, promoting ease of doing business.

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