Cbic News - Latest Updates & Headlines
FM Sitharaman tells CBIC to simplify GST registration further, crackdown on tax evasion
New Delhi, June 20: Finance Minister Nirmala Sitharaman on Friday asked the Central Board of Indirect Taxes and Customs (CBIC) to take further measures to simplify GST registration, ensure speedy closure of investigations for Customs & CGST cases, and prevent tax evasion and wrongful Input Tax Credits (ITC) claims.
Centre kicks off 'GST Pakhwada' to mark 8 years of tax reforms
New Delhi, June 16: The Central Board of Indirect Taxes and Customs (CBIC) kicked off a nationwide ‘GST Pakhwada’ on Monday which will continue till June 30, as part of the upcoming GST Day celebrations on July 1.
SAIL gets accreditation for Authorised Economic Operator
New Delhi, June 10: Public sector giant Steel Authority of India Limited (SAIL) announced on Tuesday that it has received the accreditation for the Authorised Economic Operator (AEO), Tier II from the Directorate of International Customs.
Providing service to taxpayers is duty of tax officials: FM Sitharaman
New Delhi, May 31: Union Finance Minister Nirmala Sitharaman on Saturday highlighted that it was the duty of tax department officials to serve taxpayers and they should undertake this task with “transparency and integrity.”
CBIC celebrates 'Sundays on Cycle' - a fitness and GST awareness initiative in run-up to completion of 8 years of GST
New Delhi, May 18: In the run-up to completion of eight years of GST, the Central Board of Indirect Taxes and Customs (CBIC), in coordination with the FIT INDIA Movement, organised a nationwide cyclothon titled "Sundays on Cycle" under the aegis of FIT INDIA movement launched by the Prime Minister, Narendra Modi.
8 years of GST: CBIC celebrates 'Sundays on Cycle'
New Delhi, May 18: In the run-up to the completion of eight years of GST, the Central Board of Indirect Taxes and Customs (CBIC), in coordination with the ‘Fit India Movement’, on Sunday organised a nationwide cyclothon titled “Sundays on Cycle”.
India, Bhutan reaffirm commitment to boost customs cooperation, trade
New Delhi, April 28: India and Bhutan have reaffirmed their shared commitment to strengthening customs cooperation, enhancing trade facilitation and ensuring secure and efficient border management, it was announced on Monday.
CBIC issues 6,677 appointment letters during Rozgar Mela
New Delhi, April 26: The Central Board of Indirect Taxes and Customs (CBIC) issued 6,677 appointment letters on Saturday during the 15th edition of the Rozgar Mela, reinforcing its commitment to strengthening the government workforce and supporting the vision of a developed India.
Centre unveils several measures to ease air cargo trade, transhipment movement
New Delhi, April 25: Aimed at easing compliances and facilitating trade at air cargo complexes, the Central Board of Indirect Taxes and Customs (CBIC) has introduced several trade facilitative measures in air cargo in particular and transhipment movement in general, the Ministry of Finance said on Friday.
GST officers asked to reduce compliance burden while processing registrations
New Delhi, April 18: Central Board of Indirect Taxes and Customs (CBIC) has issued instructions to the officers to reduce compliance burden while processing GST registration applications, after it received grievances that people were facing difficulties during the GST registration process, mainly on account of queries raised by officers on the grounds of seeking additional documents, an official statement issued by the Ministry of Finance said on Friday.
CBIC issues revised instructions for processing GST registration applications
New Delhi, April 18: The Central Board of Indirect Taxes (CBIC) has issued revised instructions to the officers for processing GST registration applications, that will reduce compliance burden on taxpayers and facilitate rule-based transparency, it was announced on Friday.
GST on apartment maintenance not new, rule exists since 2019: Tax officials
New Delhi, April 14: Amid rising concerns and confusion among apartment residents, tax officials have clarified that the Goods and Services Tax (GST) on apartment maintenance charges is not a new rule.
E-processing of import, export via personal carriage by air passengers from May 1: Centre
New Delhi, April 1: The government on Tuesday said that electronic processing of import and export through personal carriage by air passengers at select airports will begin from May 1.
India clamps anti-dumping duty to check flood of cheap Chinese goods
New Delhi, March 23: India has imposed anti-dumping duty on four Chinese products, including aluminium foil, to safeguard domestic industry as these goods were being exported by the neighbouring country at below-normal prices.
FM Nirmala Sitharaman lauds CBIC for duty rationalisation exercise
Mumbai, February 17: Finance Minister Nirmala Sitharaman lauded the Central Board of Indirect Taxes and Customs (CBIC) for its duty rationalization activity.