Tag: CBIC
CBIC issues instruction to clarify the implementation of origin procedures under the India-Australia Economic Cooperation and Trade Agreement, including the recognition of electronic certificates of origin and defacement procedures.
Learn about the changes to the new RSP based GST compensation cess rates on pan masala and tobacco products, effective April 1, 2023.
The CBIC has lowered the tax rates for pencil sharpeners and pre-packaged and labelled Rab from 18% to 12% and 5%, respectively, effective March 1, 2023.
CBIC has amended its notifications to apply GST dispensation under RCM to courts and tribunals in India for commercial services like renting premises to telecommunication companies and renting chambers …
The Central Board of Indirect Taxes and Customs (CBIC) has announced a reduction in the Goods and Services Tax (GST) rate for “Rab” sold without packaging and labelling from …
CBIC has exempted government bodies, including the National Testing Agency, from GST for conducting entrance examinations for educational institutions, effective March 1, 2023.
CBIC has issued various clarifications regarding GST rates and the classification of certain goods, including the following key issues, in GST Circular 189/01/2023: 1. No GST will be levied …
The CBIC has clarified the issues concerning the applicability of GST to certain services, such as Air Force Mess accommodations and MeitY incentives to acquiring banks for RuPay Debit …
CBIC has notified the “Customs (Assistance in Value Declaration of Identified Imported Goods) Rules, 2023 (CAVR 2023)” to address the threat of undervalued imports. These Rules prescribes the manner …
CBIC issues Central Tax Notification 1/2023, amending Central Tax Notification 14/2017 on the jurisdiction/powers of GST officials. CBIC has made these changes to assign the jurisdiction and power of …