Tag: Central Board of Indirect Taxes and Customs
Tough to mop up taxman’s outstanding demand
The outstanding tax demand of the income-tax department has grown more than fourfold to ₹42 lakh crore as on October 1 this year, from ₹10…
India actively engaged with 30 nations for mutual recognition agreements: CBIC Chairman
Central Board of Indirect Taxes and Customs chairman Sanjay Kumar Agarwal on Thursday said India is actively pursuing negotiation for signing of mutual recognition agreements…
CBIC extends due date for Oct GSTR-3B filing in Maharashtra, Jharkhand by a day till Nov 21
Central Board of Indirect Taxes and Customs (CBIC) on Monday extended by a day till November 21 the last date for GST taxpayers in Maharashtra…
India imposes anti-dumping duty on 5 Chinese products for 5 years
India has imposed anti-dumping duty on five Chinese goods, including glass mirror and cellophane transparent film, for five years to guard domestic players from cheap…
Fake registration drive: GST officers detect 10,700 bogus firms, over Rs 10k cr evasion
New Delhi: Tax officers have detected around 10,700 fake registrations under the GST, involving evasion of Rs 10,179 crore in the ongoing all-India drive against…
e-commerce exports: Incentives extended to exports through courier medium
The government has extended incentives for exports through the courier medium, a move aimed at promoting shipments through e-commerce. This was informed in the meeting…
Infosys vs USD 4 Billion GST: CBIC sensitises officials about June circular as tax experts bat for clarity
The Central Board of Indirect taxes and Customs has asked field officials to take into account its June 26 circular when considering matters about related…
gst: GST Council likely to vet CBIC’s plan for additional validations in return filing to check evasion
The GST Council is likely to consider CBIC’s proposal in its meeting scheduled to take place next month. According to Central Board of Indirect Taxes…
Customs to introduce additional disclosures for export-import of medicinal products from July 1
The Customs Department will introduce additional disclosures for the export and import of medicinal products from July 1 to fast-track clearances of shipments. These additional…
E-invoices must for firms with ₹5 cr+ annual turnover
The Central Board of Indirect Taxes and Customs (CBIC) has enabled e-invoice for taxpayers with an aggregate annual turnover (AATO) between ₹5 crore and ₹10…