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
CBIC asks jurisdictional commissionerates to issue show cause notices in DRI custom duty investigationsThe instructions have been made specific to cases pertaining to issues of duty payments under Customs Act.
18 Mar, 2021, 11.25 AM IST
Gilt trip: High taxation on gold is meant to curb imports, but all it does is boost smugglingWhile the yellow metal is smuggled into the country fairly regularly, the use of diplomatic baggage set off alarm bells in various agencies...
05 Sep, 2020, 11.11 PM IST
NIA gets 7-days custody of prime accused Sarith P S in Kerala gold smuggling caseConsidering the application filed by the investigation agency, the NIA special court granted custody of Sarith P S, a former employee of UA...
17 Jul, 2020, 10.55 PM IST
Customs to roll out faceless assessment across IndiaCBIC has proposed to restructure existing commissionerates into National Assessment Commissionerates (NACs) and Jurisdictional Port Commiss...
20 Feb, 2020, 04.53 PM IST
IB, Customs officers arrested for trying to loot smuggled goldThe accused IB officer and two retired Customs officers tried to loot around five kg gold from the employee while he was getting off the Ka...
09 Sep, 2016, 11.05 PM IST
New norms for manual scrutiny of service tax returns from AugustCentral Board of Excise and Customs will start detailed manual scrutiny of service tax returns of assessees based on risk parameters.
20 Jul, 2015, 03.35 PM IST
New norms for manual scrutiny of service tax returns from AugustAs per a CBEC circular, the detailed return scrutiny would be conducted in respect of such assessees whose total tax paid for 2014-15 is be...
17 Jul, 2015, 05.25 PM IST
CBEC sets up 40 audit commissionerates to check tax evasionCBEC has set up 40 audit commissionerates across the country tasked to audit accounts of companies and survey their other operations to det...
28 Jan, 2015, 03.37 PM IST
Finance Ministry restructures indirect taxes formationsIn the context of self assessment, the department is also laying emphasis on non-intrusive controls by creating 45 audit commissionerates.
15 Oct, 2014, 09.24 PM IST
UB Engineering MD held for service tax evasionIn a statement issued on Wednesday, A T Nimbalkar, superintendent of central excise and service tax, said Sardana has been sent to Yerawada...
20 Mar, 2014, 11.35 AM IST
Finance Ministry may form new anti-evasion, intel unit for service taxFinance Ministry may set-up a new anti-evasion and intelligence unit to check leakage of any indirect tax.
29 Sep, 2013, 02.21 PM IST
- GST Rollout: Re-engineering processes to be a challenge
The introduction of GST across the country is widely expected to decrease compliance burden for businesses.
03 Aug, 2010, 01.23 AM IST
- Fears of service tax on banks for insuring deposits eased
The proposal of imposing service tax on banks for insuring their deposits with an RBI subsidiary has been turned down.
22 Mar, 2009, 03.38 PM IST
- Service tax collections to grow 20%
Allied construction activities and stock markets, service tax collections from Mumbai commissionerate are expected to clock over 20% growth...
04 Mar, 2009, 12.47 AM IST
- M'lore Central Excise collects Rs 3913 cr tax
The Mangalore Central Excise Commissionerate has collected Rs 3913 crore tax during the last fiscal, a top official said.
30 Jul, 2007, 06.10 PM IST
- From Oct, remit excise via PSBs
The multi-banking scheme for the central excise commissionerates, enabling tax payers to remit the customs and excise duties through any pu...
24 May, 2003, 04.13 AM IST