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CENTRAL PRODUCT CLASSIFICATION
Chennai Petroleum Corporation gets Navratna status, becomes 28th such CPSEChennai Petroleum Corporation Ltd (CPCL) has achieved Navratna status, a significant upgrade granting it greater financial and operational ...- ET Prime Special Series: Multibagger or IBC - Part 63: This engine parts maker is now chasing aerospace, defenceSome auto ancillary stories are best understood by products. This one is best understood by buckets. The first bucket is still old auto, an...
- Investing abroad? These 7 costly mistakes could trigger an income tax noticeWealthy Indians are investing more abroad. However, they must understand the rules to avoid trouble. Mistakes like misusing investment rout...
- In 1853, a chef sliced potatoes paper-thin after a complaint which led to the creation of potato chipsThe intriguing legend of George Crum discovering potato chips at Moon Lake Lodge in Saratoga Springs, New York, enchants food lovers everyw...
- Macro, the Mightiest: Why India’s biggest macro variable still falls from the skyThe 2026 monsoon comes with a clear warning: Rainfall is forecast at 92% of the long-period average, with higher-than-usual probability of ...
- 'World's most advanced fighter jet, most-expensive drone': US lost 42 aircraft worth $29 billion in Iran war in less than 2 monthsUnited States and Israel initiated Operation Epic Fury against Iran on February 28, 2026. The conflict involved extensive air, missile, and...
- ET Prime Special Series: Multibagger or IBC - Part 57: Forging firm that supplies Tata, M&M, JCB. Nobody talks about it enoughFor over four decades, one company has been making crankshafts quietly and precisely, supplying customers from Tata Motors to Liebherr to M...
- AI can't steal your job! A China twist can avert AI jobs apocalypseA Hangzhou court has set a precedent, ruling that companies cannot use AI automation as a blanket justification for firing workers. The dec...
- Drug regulator oversight sought for nutraceuticals; NGO flags quality, pricing concernsA Gujarat NGO is pushing the government to regulate nutraceuticals like medicines. They cite concerns about product quality and unregulated...
- Singapore bans Wild Rice’s Homepar for depicting drug abuse, undermining CNBSingapore’s IMDA has banned the theatre production Homepar by Wild Rice, citing depictions of drug abuse and an undercover CNB officer shie...
- In preparation for GST rate rationalisation, product categories' fine-tuning beginsThe Central Board of Indirect Taxes and Customs began revising product classifications under GST to simplify the system and reduce tax disp...
- Plan afoot to reclassify items for GST clarity in FMCG sectorThe Central Board of Indirect Taxes and Customs (CBIC) is planning to prepare a list of products that end up in litigation due to classific...
- Government makes it mandatory to mention 8-digit HSN Code in tax invoice for 49 chemical based productsWhile notifying the HSN Code for these products, the Central Board of Indirect Taxes and Customs (CBIC) said, "A registered person shall me...
- CAG pulls up DGFT on export sops, suggests automated foolproof system for trade promotion schemesCAG suggested DGFT to insist on CA certificate on exact classification of service with Central Product Classification (CPC) code and the mo...
- Government using scientific method in GST to remove ambiguities: Hasmukh AdhiaAdhia was responding to a query mailed by ET last week. Following which ET had on March 25 written a story on GST debate on categorisation ...
- Mangalore Refinery under lens for alleged excise duty evasionThe case relates to alleged wrong classification of mixed xylene - a clear colourless aromatic hydrocarbon liquid having sweet odour - prod...
- RIL's Hazira plant under lens for alleged excise duty evasionThe Directorate General of Central Excise Intelligence (DGCEI) here has started a probe in the case and sought certain clarification from R...
- Common tariff code for goods next fiscalStates planning to unveil a common tariff code for classification of goods may now be able to operationalise it only in the next fiscal.
- RBI relaxes lending norms for infrastructure projectsTo encourage banks to earmark more funds to infrastructure sector projects at competitive rates, the Reserve Bank of India on Thursday rela...
- India adheres to harmonised system of nomenclatureIndia, being a WTO member, now adheres to the world body’s harmonised system of nomenclature (HSN) for classification of goods for purposes...
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