The position of direct tax collections till June. 2017 has been reviewed by the Board and it is noted that on several parameters, the growth in revenue is not satisfactory. The gross collections have increased by only 8.4% and it is only due to lower refunds that the net collections are showing a growth rate of about 15%. You will appreciate that once refunds in cases not selected in CASS start getting issued. the growth rate in respect of net collections may also come down.
Due to extensive changes in the systems during the roll out of GST, and ensuring that there is no delay in clearance of such goods due to system issues following decisions have been taken :
The CBDT has devised three Award scheme for the IT employees to be awarded on three different occasions in a year,which are:- a) Presidential Medal for Meritorious Service on the occasion of Republic Day b) Finance Minister’s Award on Income Tax Day i.e. 24th July c) Chairmans Certificate of Appreciation on the occasion of Independence Day
Attention of all officers posted in the CFSs for clearance of the export cargo is invited to the Board Circular Nos. 34/95, dated 06.04.1995; 1/2011-Customs, dated 04.01.2011; along with the S.O. No. 41/2007, dated 10.10.2007; 42 /2011, dated 13.05.2011; and Standing Order No.17/2009, dated 21.04.2009; as amended vide Standing Orders No. 10/2010, dated 11.02.2011; 06/2011, dated 19.01.2011; and 12/2014, dated 17.12.2014 in respect of procedure for drawing of samples and testing. Recently, many instances have been noticed, wherein above instructions were not followed.
Order No. 113 of 2017 The following postings / transfers in the grade of Commissioner of Income Tax are, hereby, ordered with immediate effect and until further orders:-
With the roll out of GST from 1st July, 2017, a new era in Indirect Tax Administration has been ushered in. The next important step is to handhold the taxpayers and other stakeholders into this new regime. In this regard, the role of the field formations of CBEC is crucial in facilitating taxpayers.
The Undersigned is directed to state that a GST Facilitation Cell has been constituted under Dr. Mohan Chutani, Economic Adviser, Ministry of Corporate’ Affairs (MCA). The GST Facilitation Cell will aim to ensure smooth and successful roll out of GST and will be in touch with all stakeholders as well as professional institutes and industry associations.
Attention of all officers and concerned staff is invited to the Board’s Circular No. 12/2017- Customs dated 31.03.2017 and Public Notice No. 66/2017 dated 26.05.2017 of JNCH, regarding legislative changes relating to the Customs Act, 1962 proposed in the Finance Bill, 2017 issued vide Board Circular No. 12/2017 –Customs dated 31.03.2017.
This is the beginning of a long journey, a journey which is for nation building and prosperity for all. I am happy to inform that the first Bill of Entry and Shipping Bill has been filed under the new tax regime at Chennai.
As you are aware, IGST and GST Compensation Cess would be leviable on all imports from 1st July, 2017. Necessary changes in the law, rules and regulations in this regard have been carried out by the Board.
