Sun, Jul 07, 2019
Union Budget gives more powers to customs officers. The Budget proposal has authorised customs officers to detain a person for verification in the interest of revenue or for preventing smuggling has serious scope for misuse, according to a IANS report.
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Sun, May 20, 2018
The revenue department has made unique identity number Aadhaar and PAN mandatory for persons seeking a customs broker licence, according to a notification
Sun, Apr 01, 2018
Through Finance Bill, 2018, the government amended the Central Boards of Revenue (CBR) Act, 1963, as well as the Central Goods and Services Tax Act, 2017, replacing CBEC with CBIC. The re-organisation of field formations of the CBEC for implementation of GST, and its renaming to CBIC was approved by Finance Minister Arun Jaitley in March last year.
Sat, Jul 02, 2016
The statement said the liability for payment of central excise duty will be with effect from March 1, 2016.
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