Tag: CBIC guidelines
Posted in Economy
GST registration gets easier as CBIC drops Udyam proof, sets seven-day limit for approvals
New Delhi: Businesses applying for goods and services tax registration will no longer have to produce Udyam certificates verifying their MSME status or explain why…
Posted in Economy
GST officers must prove intent to evade tax before invoking fraud provision: CBIC
GST field officers cannot invoke provisions relating to fraud, wilful misstatement or suppression of facts merely because a taxpayer has not paid tax, the Central…
Posted in Economy
FY26 budget: CBIC sets 2-year period for customs assessments
All provisional assessments under customs will have to be completed within two years as per guidelines notified by the Central Board of Indirect tax and…