CBIC

CBIC asks DGFT to tighten process after star exporter pays Rs 1,650 tax seeks Rs 3.90 crore refund

CBIC asks DGFT to tighten process after star exporter pays Rs 1,650 tax seeks Rs 3.90 crore refund

"Since an exporter enjoying 'star' status is allowed many facilities, including reduced customs inspections, it makes for a strong case f...Read More

CBIC withdraws GST circular on ITeS

CBIC withdraws GST circular on ITeS

The government has withdrawn circular in view of numerous representations received expressing apprehensions on its implications.

GST non-filers face cancellation of registration

GST non-filers face cancellation of registration

Amid lower-than-expected GST collection in the past few months of the current fiscal, the Central Board of Indirect Taxes and Customs (CB...Read More

22 senior tax officers facing corruption charges given orders to retire

22 senior tax officers facing corruption charges given orders to retire

It has compulsorily retired these officers of the rank of superintendent/AO under Fundamental Rule 56 (J).

No tax invoice required for goods taken out of India for exhibitions: CBIC

No tax invoice required for goods taken out of India for exhibitions: CBIC

New Delhi: No tax invoice is required for goods taken out of India on consignment basis for exhibitions or other export promotion events ...Read More

‘Pay 12% GST for houses completed before 31 March’

‘Pay 12% GST for houses completed before 31 March’

New Delhi: Home buyers will have to pay 12 pc GST on balance amount due to the builder if the housing project has been granted completion...Read More

New GST return form rollout deferred

New GST return form rollout deferred

New Delhi: The pilot project envisaged for rolling out simplified monthly GST return forms from April 1 has been deferred and the new for...Read More

Composition dealers may be barred from charging GST from buyers

Composition dealers may be barred from charging GST from buyers

New Delhi: In a consumer-friendly measure, the revenue department is planning to make it mandatory for composition dealers and service pr...Read More

GST mop-up drops to Rs 94,726 crore in December

GST mop-up drops to Rs 94,726 crore in December

New Delhi: GST collection dropped to Rs 94,726 crore in December 2018, lower than Rs 97,637 crore collected in the previous month. Com...Read More

Government raises monetary limits for tax litigation

Government raises monetary limits for tax litigation

New Delhi: In a bid to minimise litigation pertaining to tax matters, the government on Wednesday decided it will not file any appeals in...Read More

CBIC launches GST ‘Verify App’ to protect interest of consumers

CBIC launches GST ‘Verify App’ to protect interest of consumers

New Delhi: The Central Board of Indirect Taxes and Customs (CBIC) has developed a mobile app ‘GST Verify’ to protect interest of consumers.

Rs 2,000 crore GST evasion unearthed in 2 months

Rs 2,000 crore GST evasion unearthed in 2 months

New Delhi: The GST investigation wing has detected tax evasion of over Rs 2,000 crore in two months, and data analysis reveals that only ...Read More

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