Field offices should be one-stop solution for GST payers: CBECIndia ushered in Goods and Services Tax on July 1 which unifies 17 different taxes. It transforms India's USD 2 trillion economy and 1.3 bi...
Revision of rates left to GST Council's discretion: CBEC ChiefVarious industries and businesses, including traders, FMCG and automobiles had been petitioning the central govt for revising rates, the CB...
CBEC chief Vanaja Sarna wants officers to realign mindset for GST roleSarna has asked them to take "urgent steps" to increase awareness of GST among the trade and industry within the short window available bef...
CBEC asks tax officers to speed up GST migrationIn early January, the CBEC had asked field officers to migrate all existing central excise/service tax assessees to GST portal by January 3...
Indirect tax assessments not to be reopened if turnover risesEver since the demonetisation announcement on November 8, in order to curb generation of black money the government has been taking steps t...
India lags behind in leveraging IPRs: CBEC ChiefNajib Shah also stressed on cooperation among key stakeholders for better enforcement of IPRs.
PM Narendra Modi to hold interactive session with taxmen at Revenue 'Gyan Sangam'They said similar ideas will also be put forth to Finance Minister Arun Jaitley who will be holding a session with them during the two-day ...
Modi to inaugurate Revenue 'Gyan Sangam' on June 16 in DelhiThe official said work is on to invite few other speakers who would interact with the officers during the two-day conference, Jayant Sinha ...
Jewellery sector contributes to black money: CBEC chiefCBEC today said the sector contributes to generation of black money and needs to be brought under the tax ambit.
Arun Jaitley to inaugurate 2-day tax conference on August 24Top indirect tax officials will meet for 2 days from Monday to discuss issues related to taxpayers services, ease of doing business, GST an...
Central Board of Excise and Customs in full strength with appointment of five new membersCentral Board of Excise and Customs, the apex body for indirect tax policy making, is in its full strength now as the government has appoin...
Government okays 18,000 additional posts in indirect tax wingOver 18,000 additional posts have been sanctioned in CBEC, government wing tasked with collection of service tax, excise & customs duty, as...
Revenue department to chalk out plan to recover Rs 200 cr from Kingfisher AirlinesAsked whether prosecuting KFA was an option, a top official said: "Prosecution also might happen...But everything takes time."
- Finance Ministry asks Customs to monitor conditions for cotton export
Finance Ministry today asked customs officials to "strictly monitor" the conditions imposed by the Commerce Ministry on cotton exports.
- FinMin asks CBEC to file reports on monthly basis only
It has also instructed that henceforth only zonal chief comms would file reports as against the earlier practice where field formations use...
- We have tried to ensure industry is not taken by surprise when GST comes in: CBEC chief
"We will have a public debate on the negative list in services and then take decision on it"
- CBEC Chief defends move to include more services in tax net
Defending Finance Minister Pranab Mukherjee's move to widen the service tax net, a top government official today said it was aimed at garne...