CBIC weekly update covers GST Council decisions, extended export benefits, DGGI conference highlights, and IRS officer’s triathlon achievement.
BRICS AEO MRA signed at Moscow, boosting customs cooperation. CBIC’s X-MAS aids in Rs 430 cr recovery; Thane CGST exposes Rs 75 cr ITC fraud; CGST officers save 200 lives.
New CBDT instruction outlines updated procedures for internal audit objections, emphasizing accountability, compliance, and efficiency in tax assessments.
Clarifications on implicating Customs Brokers as co-noticee in interpretative disputes. Emphasizes abetment and compliance with CBLR, 2018. Issued 03-09-2024.
The 4th Land Customs Conference discussed cross-border trade, gender inclusivity, and drug seizure success. DRI seized Rs. 12 crore worth of methamphetamine tablets.
Udaipur CGST office inaugurated; ICETAB 2.0 launched for better service. DRI uncovers Rs. 33.03 crore duty evasion case; GST enforcement and updates from CBIC.”
Finance Act 2023 updates the process for filing applications under Section 10(46A) of the Income-tax Act. Standardized procedures are now in place.
CBIC launches an All-India drive to combat fake GST registrations and bogus invoices from August 16 to October 15, 2024, ensuring compliance and revenue protection.
Instruction No. 03/2024-GST outlines procedures for CGST audits, emphasizing uniformity and reducing litigation through adherence to established guidelines.
Insight Instruction No. 79 details procedures for managing high-risk PAN cases in the Insight portal, guiding tax officers through the verification and assessment processes.
