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Central Board of Indirect Taxes and Customs (CBIC) News
Central Board of Indirect Taxes and Customs (CBIC)
Income Tax alert! Small and medium textiles exporters urge Modi government to introduce this system
Mon, Aug 17, 2020
Amending the e-assessment scheme launched last year, the Central Board of Direct Taxes (CBDT) has notified changes to include change in nomenclature of scheme from ''E-assessment scheme'' to ''Faceless Assessment Scheme''.
Attention taxpayers! Fraudsters trying to cheat in name of GST refunds; check out warning
Wed, May 06, 2020
Goods and Services Tax Network (GSTN) has warned people to beware of fraudulent websites and not reveal any personal information and bank details on such websites. Identifying one such website - https://onlinefilingindia.in, it has said that the said website is trying to bait taxpayers to reveal personal and bank details
Central Board of Indirect Taxes clears Rs 10,700 cr GST, customs duty refund in 16 days
Sun, Apr 26, 2020
The Central Board of Indirect Taxes (CBIC) has cleared over Rs 10,700 crore worth refunds in GST and customs duty between April 8-23.
GST refunds alert! Modi government takes this big decision - Important points of CBIC circular
Thu, Apr 23, 2020
In view of the ongoing Covid 19 pandemic, the Central Board of Indirect Taxes and Customs (CBIC) releasing a circular has informed about an important decision.
Businesses can use IGST credit to settle centre, state tax dues: CBIC
Fri, Apr 26, 2019
The Central Board of Indirect Taxes and Customs (CBIC) in March had allowed utilisation of input tax credit (ITC) of IGST towards the payment of Central GST and State GST.
CBIC to focus on behavioural patterns of taxpayers to improve GST compliance
Sun, Oct 28, 2018
Soon, GST officers will study the behavioural pattern of certain taxpayers to nudge them to comply with tax laws, in a departure from the current practice of focussing only on deterrent action to check evasion.
Availing latest migration window, 1,800 businesses migrate to GST regime
Tue, Sep 04, 2018
“About 1,800 businesses have migrated to GST regime availing the latest migration window. The number could go up as the state tax officers are still compiling data,” an official told PTI.
Mechanism soon for speedy clearance to export consignments
Sun, Sep 02, 2018
"Now with the objective of reducing the objective of physical interface between customs/regulatory agencies and the trade and to increase the speed of clearance in exports, it is proposed to introduce a facility to upload digitally signed supporting documents on a pilot basis at Air Cargo Complex, New Delhi and Chennai Customs House," it said.
States to reach out to traders, industry to list out GST grievances
Thu, Jul 26, 2018
The Central Board of Indirect Taxes and Customs (CBIC) had earlier this week written to the GST Council secretariat asking them to write to states and UTs asking them to contact MSME taxpayers and their trade and industry associations in their respective states and UTs, collect their grievances/issues related to GST along with suggestions thereof for mitigating the issues.
CBEC to be renamed as Central Board of Indirect Taxes and Customs ahead of GST
Sat, Mar 25, 2017
Reorganisation of the field formations of CBEC for the implementation of GST has been approved by Finance Minister Arun Jaitley.