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 use. “The CBIC notified SDB under
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. “Too many rates in goods and
DP World receives the Authorized Economic Operator-Logistics Operator (AEO-LO) program accreditation administered by the CBIC
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. The certification, under the aegis of
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 15 percent to 6 percent, according
CBIC releases National Time Release Study (NTRS) 2024
NEW DELHI : Shri Sanjay Kumar Agarwal, Chairman, Central Board of Indirect Taxes and Customs (CBIC), along with other Members of the Board, released the National Time Release Study (NTRS) 2024 report. NTRS 2024
DFC likely exempt from 18% GST, boosting Indian Railways revenue model
NEW DELHI : India’s Dedicated Freight Corridor, a special-purpose vehicle of the Indian Railways, is likely to be exempted from the purview of an 18 per cent GST, thereby eliminating the need to work
Budget 2024-25 may relax compliance with Customs rules
NEW DELHI : The Centre might propose a raft of changes in the Customs rules to weed out duty anomalies, retain certain exemptions, and improve compliance in the upcoming Union Budget 2024-25. According to
Chennai Port hosted Bangladesh delegation exploring East Coast Ports for promoting EXIM trade
CHENNAI : Chennai Port hosted Bangladesh delegation exploring East Coast ports for promoting EXIM trade. Sri Sunil Paliwal IAS,Chairman, Sri S Viswanathan IAS,Dy Chairman, ChPA & Smt Irene Cynthia IAS, MD Kamarajar Port, Sri