Dixon Tech, Syrma SGS, Amber shares surge up to 6%. What does customs duty relief mean?Shares of Dixon Technologies, Syrma SGS Technologies and Amber Enterprises rallied after the Centre expanded customs duty exemptions on ele...
09 Jul, 2026, 10.54 AM IST
AI profiling of traffickers at airports, screening of students in varsities part of India's maiden drug control visionIndia will deploy AI passenger profiling and drug screening in educational institutions. This national roadmap aims to combat drug traffick...
07 Jul, 2026, 09.40 PM IST
India's export ambitions need more than infrastructure, says BCBAAs India pursues its economic ambitions, the customs and logistics ecosystem will play a pivotal role in enhancing trade competitiveness an...
25 Jun, 2026, 11.14 AM IST
Make GST registration easier using technology, risk-based parameters: FM Sitharaman to CBICFinance Minister Nirmala Sitharaman directed CBIC to simplify GST registration using technology and risk-based parameters, emphasizing tran...
20 Jun, 2025, 08.55 PM IST
CBIC starts electronic disbursal of duty drawback to exporter's bank accounts via PFMSCBIC introduces electronic disbursement of duty drawback amounts to exporters' bank accounts via PFMS platform, enhancing transparency, eff...
05 Jun, 2024, 10.26 PM IST
CBIC issues circular to encourage women participation in tradeThe CBIC issued two circulars on International Women's Day to promote women participation in trade and gender-specific infrastructure facil...
09 Mar, 2024, 08.12 PM IST
Karnataka Bank authorised to collect direct, indirect taxesThe RBI gave this authorisation on the recommendation from the Controller General of Accounts (CGA), Ministry of Finance, the filing said.
12 Apr, 2023, 03.54 PM IST
CBIC: Issue show cause within 2 yrs and 9 months of erroneous refundIn a clarification issued to its field formations, the CBIC said if the refund demand or show-cause notice is sent beyond the stipulated pe...
29 Dec, 2022, 12.07 AM IST
CBIC introduces facility of restoration of cancelled GST registrationThe move will provide relief to many taxpayers whose registrations were cancelled suo moto and the time period of application for revocatio...
25 Mar, 2022, 08.33 AM IST
Customs commissionerates not to issue reports interpreting law: CBICIn an instruction to all Principal Chief Commissioners of Customs, the Central Board of Indirect Taxes and Customs (CBIC) said in order to ...
22 Aug, 2021, 03.18 PM IST
Customs to clear life-saving drug, oxygen equipment imports on highest priorityConsidering the scourge of COVID-19 and the surge of cases in the country, it is imperative that the import of critical raw materials, life...
24 Apr, 2021, 12.33 PM IST
CBDT and CBIC sign MoU for exchange of information on automatic and regular basis"Significant developments have taken place since the signing of earlier MoU in 2015 including introduction of GST, incorporation of GSTN an...
21 Jul, 2020, 02.26 PM IST
GST Analytics wing to identify risky suppliers to exportersLast year, the CBIC had detected several cases of firms availing credit fraudulently through refund of Integrated Goods and Services Tax on...
21 May, 2020, 04.03 PM IST
CBIC orders customs refunds & drawbacksThe directive to field offices follows the finance ministry’s Wednesday order of immediately releasing Rs 18,000 crore in pending income ta...
10 Apr, 2020, 12.32 AM IST
All communications to taxpayers to bear document identification number: CBICEarlier in November, the DIN system was made mandatory only for search authorisation, summons, arrest memo, inspection notices and letters ...
29 Dec, 2019, 03.54 PM IST
Revenue dept withdraws circular on suspension of safeguard duty on solar cellsIn July, India had imposed safeguard duty on solar cells imports from China and Malaysia for two years to protect domestic players from ste...
16 Sep, 2018, 12.12 PM IST
NAA's directive on audit of e-comm cos stuck over jurisdiction issueDG Audit can only audit those e-com companies which are registered with the Centre. Those who are registered with states, the state tax off...
12 Aug, 2018, 12.58 PM IST