CBEC renamed as CBIC w.e.f. 29 March 2018
As per Section 160 of the Finance Act, 2018, the "Central Board of Excise and Customs (CBEC)" has been renamed as "Central Board of Indirect Taxes and Customs (CBIC)", …
Category: Custom, Excise and Service Tax
ICAI’s Highlights of Direct/ Indirect Tax Amendment Proposals in Budget 2018
The ICAI has released a set of "Highlights of Amendments in Direct/ Indirect Taxes and International Taxation, proposed by the Union Budget 2018-19/ Finance Bill, 2018", presented on 1 …
Highlights of Key Direct/ Indirect Tax Proposals of Budget 2018-19/ Finance Bill 2018
Highlights of the Key Direct/ Indirect Tax proposals made in the India’s Union Budget (2018-19)/ Finance Bill, 2018 presented in Parliament by the FM Sh. Arun Jaitley on 1 …
30% Import duty Imposed on Chana (Chickpeas) and Masoor (Lentils): CBEC
CBEC has notified/ imposed 30% Import duty on Chana (Chickpeas) and Masoor (Lentils) to protect interest of domestic farmers, applicable with immediate effect.
Procedure for Budgetary Support to Units of J&K, UK, HP and NE States under GST Regime
CBEC prescribes procedure for manual disbursal of Budgetary Support under Govt. Scheme to units located in Jammu & Kashmir, Uttarakhand, Himachal Pradesh & North Eastern States including Sikkim, which were …
CBEC Clarifies Transition Issues on Payment of Service Tax after 30 June 2017
CBEC has clarified certain Transitional Issues arising with respect to payment of service tax after 30 June 2017, like availing (and reflecting in ST-3/ TRAN-1) the input credit of …
Revised Duty Drawback Rates Schedule for 2017-18 notified by CBEC (All Industry)
The CBEC has notified the Revised Duty Drawback Rates Schedule for 2017-18 applicable w.e.f. 1 Oct. 2017, in respect of specified exports and subject to compliance with the procedural …
Customs and Central Excise Duties Drawback Rules, 2017 notified by CBEC
The CBEC has notified the Customs and Central Excise Duties Drawback Rules, 2017, applicable w.e.f. 1 Oct. 2017.
ACES’s Excel Utility for e-filing of ST-3/ ST-3C (Service Tax Return) for Apr. 2017 to Jun. 2017
In view of GST regime applicable w.e.f. 1 July, 2017, CBEC has notified that final service tax return in Form ST-3/ ST-3C is to be submitted by 15 Aug. …
Service Tax Return (ST-3/ ST-3C) for Apr 2017~Jun 2017 Submission Due Date 15 Aug: CBEC
CBEC has notified that Form ST-3/ ST-3C Return for the period 1 Apr. 2017 to 30 Jun. 2017, shall be submitted by 15 Aug. 2017 and the same can …