CBIC new guidelines News and Updates from The Economic Times

Searched for

CBIC NEW GUIDELINES

Govt mandates manual verification of imported drugs and medical devices due to SWIFT 2.0 system gap
Slice’s big valuation cut; Betting networks under lens
GST registration for big businesses: Centre, states work on uniform documents for faster approvals

- India-UK FTA from July 15: What changes for autos, whisky, exports and consumers
  The India-UK Comprehensive Economic and Trade Agreement takes effect on July 15, 2026. This pact grants nearly 99% duty-free access for Ind...
  14 Jul, 2026, 01.39 PM IST
- Centre mulls insurance support for exporters dealing with ongoing West Asia crisis: Piyush Goyal
  The Indian government is exploring new insurance schemes to aid exporters impacted by the West Asia crisis. An inter-ministerial group is a...
  11 Mar, 2026, 12.35 AM IST
- CBIC introduces deferred customs duty payment facility for manufacturers-importers
  The Central Board of Indirect Taxes and Customs is launching a new facility for manufacturer importers. Approved companies can now defer cu...
  02 Mar, 2026, 12.33 AM IST
- India allows eligible manufacturers to defer customs duty payments from April 1; aims to boost liquidity and exports
  The Central Board of Indirect Taxes and Customs has launched a new scheme for manufacturers. Eligible importers can now defer customs duty ...
  01 Mar, 2026, 11.24 AM IST
- SSC MTS admit card 2025: Check likely date, steps to download and more
  Staff Selection Commission will release the SSC MTS Admit Card 2025 in the last week of October. Candidates can download their admit cards ...
  17 Oct, 2025, 09.28 AM IST
- Big relief for GST taxpayers: Protection against arbitrary arrest and coercion by GST officers; CBIC changes arrest and bail guidelines under GST
  GST Arrest: Now a GST registered person can't be arbitrarily arrested and also coerced into admitting GST tax demand liability. This is bec...
  20 Jan, 2025, 10.36 AM IST
- CCPA to bring regulatory framework for diamond industry to protect consumers interest
  At present, section 12 of the Legal Metrology Act, 2009, provides the unit of mass for diamonds, pearls, and precious stones as the carat, ...
  20 Nov, 2024, 12.36 PM IST
- Fake registration drive: GST officers detect 10,700 bogus firms, over Rs 10k cr evasion
  Tax officers have detected around 10,700 fake GST registrations involving Rs 10,179 crore in evasion. Aadhaar authentication for GST regist...
  24 Sep, 2024, 02.20 PM IST
- CBIC issues fresh norm for recovery of GST dues
  The CBIC issues a new guideline for taxpayers to address outstanding dues until the GSTAT is functional. Payments can be made via electroni...
  12 Jul, 2024, 11.43 PM IST
- Curb on unfair GST demand recovery proceedings: GST official needs prior approval from higher authority to act within 3 months of demand
  GST demand order: If you have received a GST demand order, you can either it pay it or file an appeal against it. However if GST officials ...
  14 Jun, 2024, 03.29 PM IST
- New RBI rules on penal charges on loans: Will there be any upper limit/cap for imposing penal charges?
  the RBI stated that the transition to the new punitive charges regime should occur on or after April 1, 2024, but no later than June 30, 20...
  16 Jan, 2024, 04.44 PM IST
- Supriya Life, Blue Cross Labs, four others get GST summons
  In the last 15 days, more than 60 summons have been issued to companies across sectors including pharma, IT and chemical, multiple industry...
  13 Jan, 2023, 08.18 AM IST
- New policy for setting up ICD, CFS to help in balanced development of ports sector: Icra
  The Central Board of Indirect Taxes and Customs (CBIC) had recently issued the revised policy and guidelines for setting up of inland conta...
  17 Nov, 2020, 05.47 PM IST
- CBIC makes virtual hearing mandatory for GST appeal cases for expeditious disposal
  The CBIC said the feedback received from trade and field formations on this indicated that the initiative has helped in speeding up passing...
  23 Aug, 2020, 04.59 PM IST
- GST audit guidelines need to be reviewed to include video conferencing: Experts
  As per the current goods and services tax (GST) audit guidelines, taxpayers have been broadly categorised into three groups based on their ...
  03 May, 2020, 05.30 PM IST
- CBIC asks field offices to conduct virtual hearings in customs, excise, service tax appeals
  In its instructions to the field offices, the CBIC said in any proceedings before appellate or adjudicating authority, the party, either as...
  28 Apr, 2020, 01.08 PM IST
- Two traders arrested for Rs 50 crore IGST refund fraud
  An official explained that non-existent suppliers issued invoices for passing of the ITC utilised for payment of IGST on exported goods and...
  15 Jul, 2019, 09.34 AM IST
Load More