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CBIC ACCOUNTABILITY
8th Pay Commission salary calculator: Can top central government employees get up to Rs 93 lakh in arrears?8th Pay Commission news: Central government employees await the 8th Pay Commission's recommendations, with meetings underway. Arrears for t...- Import tariff values for gold, silver raisedIndia's customs board has increased import tariff values for gold and silver. This move aims to manage import costs due to global commodity...
- DRI, Customs officers to intensify vigil on gold smuggling post import duty hikeRevenue intelligence and customs officials are preparing to tighten surveillance across airports, seaports and land borders after India rai...
- India, Kenya discuss possibility of trade settlement in local currenciesIndia and Kenya are exploring trade settlements in their own currencies. Discussions also covered digital payment systems like UPI. A joint...
- Extend GSTR-3B return filing deadline: Demand by advocates and CAs as the portal is not working properlyChartered accountants and tax professionals are demanding an extension for the GSTR-3B filing deadline, citing persistent issues with the G...
- Set up mechanism for grievance redressal in registration applications: CBIC to central GST officersThe CBIC has directed central GST officers to establish a grievance redressal mechanism for GST registration applications, requiring monthl...
- Got a GST violation notice? Check the notice as it can be fraudulent notice as wellCBIC warns taxpayers about fraudulent GST summons issued by impostors. Taxpayers should verify documents' authenticity through the CBIC web...
- Don't attach bank accounts in customs violation cases in mechanical manner: CBIC to field officesThe CBIC directed customs officials to meticulously assess cases before attaching bank accounts for customs violations. Attaching accounts ...
- 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...
- GSTR-1 deadline has been extended today as recommended by GSTN due to difficulties in filingGSTR-1 deadline: The last date to file GSTR-1 for March 2024 tax period was April 11, 2024, however GSTN has recommended to the Central Boa...
- Increased monthly GST collections mainly on account of higher compliance: CBIC chiefThe Goods and Services Tax (GST) collection was Rs 1.87 lakh crore in April and in the first four months of the current fiscal, the collect...
- 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.
- Papad, irrespective of shape, is exempt from GST, says Central Board of Indirect Taxes & Customs"Papad, by whatever name known, is exempt from GST vide Entry No. 96 of GST notification No.2/2017-CT(R). This entry does not distinguish b...
- CBIC launches e-Office to automate internal file handlingThe launch of the application marks a fundamental change in internal office procedures that are so far based on manual handling of files an...
- Salaries paid to company directors not to attract GST: CBIC"The part of director's remuneration that are declared as 'salaries' in the books of a company and subjected to TDS under Section 192 of th...
- 24x7 Customs clearance at all sea ports, airports till JuneIn February, the Central Board of Indirect Taxes and Customs (CBIC) had said 24x7 Customs clearance facility will be available at all sea p...
- 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 ...
- FinMin to relax 100% physical examination requirement for 'risky exporters'In order to check GST evasion, the Central Board of Indirect Taxes and Customs (CBIC) had last month identified 5,106 "risky exporters" who...
- Bogus IGST refund claims: Government to verify exporters' claims before sanctioningTax experts said the move to verify the refund claims would delay the process of refund issuances to exporters.
- 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...
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