Tag: cbic
CBIC launches vigilance probe against Chennai customs officials
New Delhi: The Central Board of Indirect Taxes and Customs (CBIC) has launched a vigilance investigation into allegations of irregularities made by Chennai-based importer M/s…
CBIC allows 90% provisional refund for IDS claims
New Delhi: The Central Board of Indirect taxes and Customs (CBIC) has instructed its field formations to sanction 90% of the refund amount claimed on…
CBIC working on monetary limit for GST demand notices: Official
The Central Board of Indirect Taxes and Customs (CBIC) is working on a mechanism to set a monetary limit for issuing GST demand notices to…
CBIC asks staff to track prices before, after GST cut
New Delhi: The Central Board of Indirect Taxes and Customs (CBIC) has asked its field officials across the country to collect information from dealers and…
Centre revamps GST annual returns, clarifies jurisdiction of GSTAT principal bench
The centre has introduced significant changes to the Goods and Services Tax (GST) regime, by revamping the annual GST returns and provided clarity on the…
GST not applicable on post-sale discounts given by manufacturers to dealers
Post-sale discounts given by manufacturers to dealers intended solely for competitive pricing and promoting sales will not be subject to GST, the Central Board of…
GST collections may dip initially, but festive demand will offset: CBIC chief
The Central Board of Indirect Taxes and Customs (CBIC) indicated on Thursday that Goods and Services Tax (GST) collections could see a temporary dip in…
GST: From payment for not serving notice period to cheque dishonour, CBIC clears the air
With the completion of 5-years since the introduction of GST, the certainty of tax positions and ease of compliances for taxpayers have emerged as key…
document identification number: State GST notices must ensure Document Identification Number
New Delhi: The Supreme Court on Wednesday directed the Goods and Services Tax (GST) Council to issue advisories to all the states to ensure mention…
gst council: From canteen to medical insurance, GST Council provides much-awaited relief on employee perks
In the last meeting, the GST Council promised to issue clarifications relating to various Input Tax Credit (ITC) issues under GST. Keeping its promise, the…