Tag: CBIC
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 notifies that residential premises rented to registered persons will be exempt from GST liability beginning January 1, 2023, provided the dwelling unit is rented to a registered person …
CBIC has clarified the issues relating to the treatment of reduction in statutory dues/ GST demands in cases where the proceedings under the Insolvency and Bankruptcy Code, 2016 (IBC) …
CBIC has prescribed the procedure for filing GST refund application in the case of unregistered persons (URDs), vide Circular 188/20/2022 dt. 27/12/2022. CBIC received representations requesting the provision of …
CBIC has clarified certain issues pertaining to ‘No Claim Bonus (NCB)’ allowed by the Insurance Companies and exemption from ‘e-invoicing’ with reference to an ‘Entity’ under GST, vide GST Circular …
The CBIC has notified the CGST (5th Amendment) Rules 2022 to make further amendments in the CGST Rules 2017 in line with the recommendations of the GST Council, vide …
The Central Board of Indirect Taxes and Customs (CBIC) has issued a clarification stating that there are no plans to reduce the Turnover Limit for GST e-Invoicing requirements from …
The Central Government has notified exemptions from customs duty in respect of the following imports under the India-Australia Economic Co-operation and Trade Agreement (Ind-Aus ECTA), in exercise of the …
CBIC notifies the Customs Tariff Rules 2022 for the determination of Origin of Goods of ExIM trade under the India–Australia Economic and Trade Agreement (Ind-Aus ECTA), which will become …
