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Instructions

Weekly newsletter from Chairman, CBIC dated 16/08/2022

August 16, 2022 726 Views 0 comment Print

With a view to enhancing facilitation of trade across the India-Bangladesh border, a number of stakeholder meetings have been held between Indian Customs and our counterparts in Bangladesh.

Requirement of Health Certificate accompanied with import of food consignments

August 12, 2022 1557 Views 0 comment Print

FSSAI stated that with effect from 1st November 2022, imported food consignments of following food categories as specified in FSS(Food Product Standards & Food Additives) shall be accompanied by a Health Certificate issued by Competent Authority of the exporting country in the prescribed format as attached as Annexure-I with the said Order.

Guidelines on SOP for Work from Home under SEZ Rules

August 12, 2022 3210 Views 0 comment Print

Guidelines providing standard operating procedure for Work from Home (WFH) permission for implementation of Rule 43A of the Special Economic Zones (Third amendment) Rules, 2022 – Reg

Amendment in Export Policy of Items under HS Code 1101 (wheat)

August 11, 2022 855 Views 0 comment Print

During the period from 8th August 2022 till 14th August, 2022 certain consignments of wheat flour, as specified therein, will be allowed to be exported.

Weekly newsletter from Chairman, CBIC dated 08/08/2022

August 8, 2022 519 Views 0 comment Print

DRI detected a case of evasion of Customs duty by resorting to wilful mis-declaration in description of certain items imported for use in manufacture of mobile phones.

Instructions for AO after Adverse observations of Allahabad HC

August 7, 2022 12294 Views 2 comments Print

Income Tax Department Issues Instructions for Assessing Officers after Adverse Observations of Hon. Allahabad High Court in in Civil Misc. Writ Petition (Tax) No. 723 of 2022 in the case of S.R. Cold Storage Vs. Union of India and others. OFFICE OF THE PRINCIPAL CHIEF COMMISSIONER OF INCOME-TAX UP (WEST) & UTTARAKHAND REGION AAYAKAR BHAWAN, […]

SOP for Faceless Income Tax Assessment under Section 144B

August 3, 2022 53991 Views 0 comment Print

Standard Operating Procedure (SOP) for Assessment Unit (AU), Verification Unit (VU), Technical Unit (TU) and Review Unit (RU) under the Faceless Assessment provisions of Section 144B of the Income-tax Act. National Faceless Assessment Centre, Delhi NaFAC/Delhi/CIT-1/2022-23/112/92 Dated: 03/08/2022 To, The Pr. Chief Commissioner of Income-tax (CCA), (All regions) Madam/Sir, Sub: Standard Operating Procedure (SOP) for […]

Weekly newsletter from Chairman, CBIC dated 01/08/2022

August 1, 2022 528 Views 0 comment Print

Last month saw GST revenue collections of Rs. 1,48,995 Crore. This is 28% higher than the corresponding period last year. The growth in GST revenue upto the month of July, 2022 has shown remarkable buoyancy and is about 35% higher as compared to the same period last year.

Impact of GST on unsold stock of pre-packaged commodities

August 1, 2022 894 Views 0 comment Print

The difference between the retail sale price originally printed on the package and the revised price shall not, in any case, be higher than the extent of increase in the tax, if any, or in the case of imposition of fresh tax, such fresh tax, on account of implementation of GST Act and Rules.

Virtual personal hearing can be held at the request of assessee: CBIC

July 28, 2022 5178 Views 0 comment Print

CBIC has amended its guidelines regarding the conduct of personal hearing. As per the new instruction, personal hearings can be conducted virtually at the request of the assessee.

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