Tag: Central Board of Indirect Taxes and Customs
Centre & states to draft rules for existing arrest cases under GST
New Delhi: The Centre will work with states to frame a standard operating procedure (SOP) for existing arrest cases and will conduct a quarterly review…
GST reforms 2026: Govt plans faceless, centralised CGST system for 2 lakh multi-jurisdiction taxpayers
The government plans to move the central GST (CGST) administration towards a faceless, centralised model, creating a unified window for businesses that currently deal with…
Single-window GST registration for multistate businesses set for pilot this week
New Delhi: The central government will pilot a single-window goods and services tax registration system for multistate businesses this week, allowing companies to apply for…
Bonded warehouses may face 24-hour discrepancy reporting, five-year digital records under proposed customs overhaul
New Delhi: The government is considering tighter compliance norms for bonded warehouses that would require operators to maintain a digital trail of the movement, transfer…
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…
GST growth comparisons can’t be ‘apples and oranges’ says CBIC; hits back at ‘misleading’ claims
The Central Board of Indirect Taxes and Customs (CBIC) on Wednesday said attempts to compare GST revenue figures using different tax bases are “thoroughly misleading…
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…
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…
GST registration for big businesses: Centre, states work on uniform documents for faster approvals
New Delhi, The Centre and state tax officers are working on guidelines to bring uniformity in documents that are to be submitted for faster processing…
CBIC readies rules to facilitate filing of multi-state GST appeals
New Delhi: The Central Board of Indirect Taxes and Customs is preparing a framework for streamlining the process for departmental appeals in cases involving more…