CBIC

Finance Ministry issues draft SoP for e-commerce jewellery exports through courier route 

Finance Minister Nirmala Sitharaman had in the 2022-23 Budget announced the implementation of a simplified regulatory framework to facilitate the export of jewellery through e-commerce.

published on : 12th June 2022

DRI, Customs to work together to keep India safe from drugs: Finance Minister Nirmala Sitharaman

Sitharaman said that the 'Drug Destruction Day' event will highlight CBIC officers' commitment to people to act against drug smugglers, both through the court of law and destruction of material.

published on : 8th June 2022

Govt mulls extending April GST payment deadline; asks Infosys to fix glitch on portal

"Infosys has been directed by Govt for early resolution. Technical team is working to provide GSTR-2B & correct auto-populated GSTR-3B at the earliest," the CBIC tweeted.

published on : 17th May 2022

After MoEFCC nod, APIIC set to invite tenders for Krishnapatnam Node

The total water requirement during the construction phase is estimated at 500 KLD, which will be sourced from the local municipality/ panchayat.

published on : 17th May 2022

India-UAE trade pact comes into force

Under this domestic exporters in various sectors like textiles, agriculture, dry fruits, gems and jewellery will get duty-free access to the UAE market.

published on : 1st May 2022

Better coordination among enforcement agencies leading to major seizures: CBIC member

The World Economic Forum estimates that illicit trade resulted in an annual drain of USD 2.2 trillion, about 3 per cent of the world GDP in 2020.

published on : 11th February 2022

Govt relaxes deadline for re-export of containers used for oxygen transport 

The customs department has given time till September 30 for the re-export of high-quality containers which have been imported for efficient transportation of liquid medical oxygen.

published on : 23rd January 2022

CBIC extends GST annual return filing deadline for FY 2020-21 till February 28

GSTR 9 is an annual return to be filed yearly by taxpayers and it consists of details regarding the outward and inward supplies made or received under different tax heads.

published on : 30th December 2021

Senior IRS officer Vivek Johri takes charge as chairman of CBIC

The 1985-batch IRS (CIT) officer has succeeded M Ajit Kumar, who completed his tenure on November 30.

published on : 1st December 2021

Centre scraps basic customs duty; cuts agriculture cess on crude palm, soyabean and sunflower oil

The basic customs duty on refined varieties of sunflower, soyabean, palmolein and palm oil has been slashed to 17.5 per cent each from 32.5 per cent at present.

published on : 13th October 2021

CBIC cuts basic customs duty on crude, refined soya oil and sunflower oil till September 30

The reduced duties are intended to boost domestic supply and ease rising prices of vegetable oil in the domestic market.

published on : 20th August 2021

Coal scam: Supreme Court permits IRS officer of ED to join parent cadre in CBIC

The Supreme Court in 2014 had quashed 214 coal blocks allocated by the Centre between 1993 and 2010 after taking note of PILs and had ordered trial by a special CBI Judge.

published on : 11th August 2021

Businesses can now self-certify GST annual returns, instead of mandatory audit by CA 

Taxpayers with aggregate turnover of a financial year exceeding Rs 5 crore would furnish a self-certified reconciliation statement along with the annual return, instead of a CA certified statement.

published on : 1st August 2021