CBIC gets two new board members
NEW DELHI : The Appointments Committee of the Cabinet (ACC) has appointed two Members to the Central Board of Indirect Taxes and Customs (CBIC). The appointment of one member will be effective
Supreme Court restores DRI’s power, revives ₹23,000 crore notices against major firms
NEW DELHI : The Supreme Court on Thursday revived Directorate of Revenue Intelligence’s (DRI) tax notices seeking as much as ₹20,000-23,000 crore, pending against leading companies including Vedanta Ltd,
CBIC mandates 1-Year deadline for customs fraud inquiries
NEW DELHI : In a significant move aimed at enhancing the ease of doing business, the Central Board of Indirect Taxes and Customs (CBIC) has issued a directive
Chairman, CBIC launches a nationwide rollout of Behavioral Sensitization program in CBIC during Ka
NEW DELHI : During Karmayogi Saptaah/National Learning Week, the Chairman , CBIC Shri Sanjay Kumar Aggarwal launched a nationwide rollout of Behavioral Sensitization program in CBIC. This initiative
India imposes Anti-Dumping Duty on 5 Chinese products for 5 years
NEW DELHI : India has imposed Anti-Dumping Duty on five Chinese goods, including glass mirror and cellophane transparent film, for five years to guard domestic players from cheap
Piyush Goyal chairs inter-ministerial meeting to address rising freight cost, shipping delays, short
NEW DELHI : An inter-ministerial meeting was held here on Thursday under the chairmanship of Union Minister of Commerce & Industry, Shri Piyush Goyal to address rising freight
CBIC approves Customs House at Surat Diamond Bourse
SURAT : Surat Diamond Bourse(SDB) stated, all necessary formalities were finalized on Tuesday. The customs house, which occupies an area of 40,000 square feet, is now ready for
India says it plans to simplify GST rate regime in coming months
NEW DELHI : India is working on simplifying the country’s sales tax regime by introducing three slabs instead of the existing four rates, a top tax official said.
DP World receives the Authorized Economic Operator-Logistics Operator (AEO-LO) program accreditation
MUMBAI : DP World, a leading provider of worldwide, smart, end-to-end supply chain solutions, has received the prestigious AEO-LO (Authorised Economic Operator for Logistic & Terminal Operators) certification.
CBIC Chairman focuses on Gold import duty under FTAs cut in Union Budget 2024
NEW DELHI : A surge in imports under free trade agreement, lower current account deficit and a spate in smuggling prompted the Union Budget to slash duty on gold from
