Closure of ICDs, CFSs to be concluded in 4 months: CBIC to customs officers
NEW DELHI : The CBIC streamlined the closure procedure of Inland Container Depots (ICDs) and container freight stations (CFSs), mandating customs officers to allow closure of these facilities within four months. ICDs and CFS
Express cargo clearance system launched in Jaipur
JAIPUR : The new facility of Express Cargo Clearance System (ECCS) was launched in Jaipur on Monday by chairman of Central Board of Indirect Taxes and Customs (CBIC). ECCS is a new facility being
CBIC launches portal to provide info on customs procedures, regulatory compliance
NEW DELHI : The CBIC launched a portal to provide information on customs procedures and regulatory compliance. The Indian Customs Compliance Information Portal (CIP) at www.cip.icegate.gov.in/CIP will provide free access to information on all Customs
CBIC introduces auto-renewal for tier 1 AEO license holders
NEW DELHI : The Central Board of Indirect Taxes and Customs (CBIC) has carried out away with renewal of Authorised Economic Operator (AEO) certification after each three years for Tier 1 or T1 stage entities, it stated in
CBIC reduces compliance burden by abolishing renewals of licenses/registrations
NEW DELHI: The Central Board of Indirect Taxes and Customs (CBIC) has w.e.f. 23.07.2021 abolished the requirement of periodic renewals of Licence/Registration issued to Customs Brokers and Authorised Carriers. This would greatly help reduce
CBIC streamlines faceless assessment for faster customs clearance
NEW DELHI : The CBIC has streamlined certain processes in Customs under which a officer would have to communicate his ‘first decision’ on the import document filed by an importer within three working hours.
CBIC asks officials to handhold businesses in tax refund claims
NEW DELHI : The Central Board of Indirect Taxes and Customs (CBIC) has asked field officers to handhold businesses and merchants in their tax refund claims to help clear dues by the end of
Concessional import duty rules simplified: CBIC
NEW DELHI : Businesses have been given more flexibility in using machines and materials imported at concessional duty for export production, said an official statement from the Central Board of Indirect Taxes and Customs
