Category: Custom, Excise and Service Tax
CBIC has notified the Revised All Industry Duty Drawback Rates Schedule for 2018-19 applicable w.e.f. 19 Dec. 2018, vide Notification No. 95/2018 Customs (NT) dt. 6 Dec. 2018, in …
CBIC has notified that Govt. has imposed basic custom duty of 200% on all imports from Pakistan by inserting a new tariff item '9806 00 00' in chapter 98 …
CBIC has notified that two currencies, i.e. Korean Won (WON) and Turkish Lira (TRY), have been added in the Revised List of Currencies for Exchange Rate, used for valuation of …
CBIC has clarified that where exporters have opted/ preferred to take drawback at higher rate in place of IGST refund for the period 1 July 2017 to 30 Sept. 2017, …
CBIC has authorised the 'Cost Accountants' to certify the 'IGST Refund Claims' of Exporters whose records were not transmitted from GSTN to Customs due to mismatch in GSTR 1 and …
CBIC/ Central Govt. has notified exemption from 'Basic Custom Duty (BCD) and Integrated Goods and Services Tax (IGST)' for 'Kerala Flood Relief Imports' (Materials/ Consignments despatched/ imported from abroad), …
To reduce litigation, facilitate ease of doing business and to remove long pending grievances of taxpayers in the matters of direct/ indirect taxes, the Govt. has decided to raise …
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)", …
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 …
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 …
