Relief against customs duty payment issues for international travellers; new advisory for stuck paymentsCustoms payment through ICEGATE: Since April 2023 the Customs duty payment have to be made through the ICEGATE portal if its being made onl...
Government extends export benefits under RoDTEP till September 2025The government extends the RoDTEP scheme benefits for exports from DTA units until September 30, 2025, and for AA/EOU/SEZ units until Decem...
Sept goods exports dip 2.6%, growth seen in H2India's merchandise exports declined by 2.6% in September, reaching $34.5 billion. However, a 15% decrease in imports helped narrow the tra...
Senco becomes first qualified jeweller from East India to import gold on India International Bullion ExchangeIndia's first International Bullion Exchange (IIBX) was launched in the GIFT city (Gujarat International Finance Tec-City) in July 2022 to ...
Commerce Ministry addressing issues of exports through ecommerce"We trying to address issues on seamless e-commerce for export promotion. We are in touch of the Department of Revenue, RBI, Icegate, and t...
CBIC may soon introduce automated system of publishing daily exchange rates for 22 currenciesCurrently, Central Board of Indirect Taxes and Customs (CBIC) manually notifies exchange rates of 22 currencies every fortnight -- 1st and ...
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.
Shipment from abroad stuck at ports after new payment system glitchesIn a two series tweet, CBIC said "CBIC has noted difficulties being faced by members of the trade in making duty payments over the customs ...
'Delay in collection of data from some SEZs, ports reason for difference in preliminary and final exports growth numbers for Sep'According to the preliminary data, released on October 3, the merchandise exports contracted by 3.5 per cent in September to USD 32.62 bill...
Seamless transfer of logistics data by November: DPIIT secretary Anurag JainThe policy seeks to reduce the cost of logistics in India to be comparable to global benchmarks by 2030; improve India's ranking in the Log...
Faceless scheme: Importers can complain online for delay in clearance of Bill of EntryThe Central Board of Indirect Taxes and Customs (CBIC) has issued an advisory for Anonymised Escalation Mechanism under faceless assessment...
Customers can pay customs duty through ICEGATE portal: Karur Vysya Bank"Customers can now directly pay their customs duty by selecting KVB in ICEGATE. This facility opens doors for the bank for further acquisit...
ICICI Bank now facilitates online payment of customs dutyICICI Bank facilitates online payment of customs duty, to benefit both retail and corporate customers. Corporate customers can pay customs ...
CBIC notifies ICEGATE as common portal for registration, bills of entryIn a notification issued on Monday, the Board has specified the portal as the one for facilitating registration, filing of bills of entry, ...
Government to invite bids to develop, manage mega portal on logisticsThe Department of Commerce will get on board a managed service provider or a third party to develop, operationalise and maintain the portal...
Categorise SEZs as infrastructure, suggests policy panelBaba Kalyani-headed panel feels such a move will help realty developers seek alternative financing options.
CBIC sets up Help Desks’ for expeditious IGST refunds for MSME exportersThe Help desks would assist in resolution of IGST refund claims for MSME exporters as part of on-going ‘Refund Fortnight.