Tag: cbic

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Posted in Economy

AI, tech to scan cargo without disrupting trade: CBIC Chairman

New Delhi: India plans to significantly expand the use of artificial intelligence, advanced image analytics and non-intrusive scanning technologies to detect illicit trade, Central Board…

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Posted in Economy

CBIC cuts paperwork in deferred customs duty scheme to boost MSME participation and ease cash flow

New Delhi: The central board of indirect taxes and customs (CBIC) is cutting paperwork and starting outreach programmes to get more manufacturers, particularly MSMEs, to…

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Subhash Chandra Garg cherry-picking figures from two different bases: CBIC

NEW DELHI: The Centre has rejected former finance secretary Subhash Chandra Garg‘s claim that GST growth numbers have been overstated by leaving compensation cess out…

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Posted in Economy

CBIC releases import clearance checklist for cosmetics, drugs, and medical devices

The Central Board of Indirect Taxes and Customs (CBIC) has released a standardized checklist for Customs officers to review prior to approving import consignments of…

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Posted in Economy

Customs portal aims to curb divergent assessment practices

New Delhi: The Central Board of Indirect Taxes and Customs (CBIC) has launched a common digital repository of customs assessment decisions, rulings and advisories, giving…

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Posted in Economy

CBIC eases documentation norms under Eligible Manufacturer Importer scheme

New Delhi: The Central Board of Indirect Taxes and Customs (CBIC) has “substantially reduced” the data and documentation requirements for businesses that opt for the…

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CBIC Weighs Centralised GST Registration
Posted in Economy

CBIC weighs centralised GST registration under one PAN

New Delhi: The Central Board of Indirect Taxes and Customs (CBIC) has set up a high-level working group to examine a proposal for centralised administration…

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India-UK CETA duty benefits to require CBIC digital authentication
Posted in Economy

India-UK CETA duty benefits to require CBIC digital authentication

New Delhi: India will allow preferential duty benefits under the India-UK Comprehensive Economic and Trade Agreement (CETA) only after customs digitally authenticates a UK exporter’s…

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Posted in Economy

India extends anti-dumping duty on seamless tubes, pipes till Jan 2027

New Delhi: India has extended the anti-dumping duty imposed on certain Chinese tubes and pipes till January 27, 2027 to guard domestic makers from cheap…

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Posted in Economy

Government sets up 17-member committee for larger reforms in SEZ policy

New Delhi: The government has set up a 17-member committee to suggest larger reforms in the policy for special economic zones (SEZs), an official said….

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