India and Kenya are exploring trade settlements in their own currencies. Discussions also covered digital payment systems like UPI. A joint...

Chartered accountants and tax professionals are demanding an extension for the GSTR-3B filing deadline, citing persistent issues with the G...

The CBIC has directed central GST officers to establish a grievance redressal mechanism for GST registration applications, requiring monthl...

CBIC warns taxpayers about fraudulent GST summons issued by impostors. Taxpayers should verify documents' authenticity through the CBIC web...

The CBIC directed customs officials to meticulously assess cases before attaching bank accounts for customs violations. Attaching accounts ...

CBIC introduces electronic disbursement of duty drawback amounts to exporters' bank accounts via PFMS platform, enhancing transparency, eff...

GSTR-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...

The 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...

The RBI gave this authorisation on the recommendation from the Controller General of Accounts (CGA), Ministry of Finance, the filing said.

"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...

The launch of the application marks a fundamental change in internal office procedures that are so far based on manual handling of files an...

"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...

In February, the Central Board of Indirect Taxes and Customs (CBIC) had said 24x7 Customs clearance facility will be available at all sea p...

Earlier in November, the DIN system was made mandatory only for search authorisation, summons, arrest memo, inspection notices and letters ...

In order to check GST evasion, the Central Board of Indirect Taxes and Customs (CBIC) had last month identified 5,106 "risky exporters" who...

Tax experts said the move to verify the refund claims would delay the process of refund issuances to exporters.

DG Audit can only audit those e-com companies which are registered with the Centre. Those who are registered with states, the state tax off...