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.
CBIC’s latest updates include a Customs cooperation deal with New Zealand, a new Hindi magazine, and significant seizures of smuggled cigarettes and narcotics.
CBIC issues guidelines for a second All-India drive to detect and eliminate fake GST registrations, safeguarding government revenue and ensuring GST compliance.
Discover CBICs latest updates: Petrapole Check Post insights, India-Bhutan trade workshops, and major enforcement actions against smuggling and drug trafficking.
CBIC’s latest update covers Union Budget review, major Tramadol seizures, and uncovering of a fake ITC racket, highlighting key tax administration efforts.
On July 23, 2024, the Finance Minister introduced the Finance (No.2) Bill, 2024 in the Lok Sabha, marking a significant legislative milestone in the realm of taxation and customs regulations in India. This introduction follows the directive issued under D.O. F. No. 334/04/2024-TRU from New Delhi on the same date. The Bill proposes a comprehensive […]
Review CBICs Instruction No. 19/2024 on provisional bank account attachment under Section 110(5) of the Customs Act. Key compliance and procedural details.