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CENTRAL EXCISE CBEC
CBEC to be renamed CBIC by AprilThe official said since the CBR Act provides for constitution of separate boards of revenue for direct taxes and excise and customs, the na...- GST switchover: Renaming CBEC as CBIC may take a whileWith excise duty alongside nearly a dozen other central and state levies being taken over by the Goods and Services Tax (GST), the ambit of...
- GST: Mahender Singh, RK Mahajan appointed as new members of CBECThe Appointments Committee of the Cabinet has approved the appointment of two IRS officers as members of CBEC. The board will play a major ...
- CBEC asks tax officers to speed up GST migrationIn early January, the CBEC had asked field officers to migrate all existing central excise/service tax assessees to GST portal by January 3...
- Arun Jaitley reassures excise officers of addressing concernsArun Jaitley is learnt to have said that he will discuss the issue with Central Board of Direct Taxes (CBDT) and the Revenue Secretary.
- Excise, service taxpayers to migrate to GST portal by January 31"All existing central excise/service tax assesses are requested to migrate as early as possible, latest by 31st January, 2017," a CBEC stat...
- PAN a must for excise, service taxpayers for GST registrationGST will subsume excise and service tax, and CBEC has initiated the process of migrating taxpayers through issuance of a provisional regist...
- Government revises excise duty evasion limit to warrant arrestArrest and prosecution of a person henceforth can be resorted only if the offence relating to evasion of central excise duty or misuse of C...
- CCEA clears Rs 2,256 cr project for CBEC's GST integrationThe implementation strategy for the project will be to ensure readiness of CBEC's IT framework by April, 1, 2017, when GST is to be introdu...
- Visit outlets only on tax evasion information: CBEC to officialsThe CBEC said this while clarifying on scope of levy of excise duty on branded readymade garments having a retail sale price of Rs 1,000 or...
- CBEC to withdraw 15-year old cases of Rs 5 lakh excise evasionIn a bid to cut litigation, the government has decided to withdraw central excise cases older than 15 years involving duty less than Rs 5 l...
- No officer to hold sensitive posts beyond 3 years: Central Board of Customs and ExciseNo officer should remain posted on sensitive posts for more than three years to ensure probity among the government servants, the Central B...
- Central Board of Excise and Customs in full strength with appointment of five new membersCentral Board of Excise and Customs, the apex body for indirect tax policy making, is in its full strength now as the government has appoin...
- CBEC promotes over 2,100 excise, customs superintendentsIt is for the first time that such a large number of superintendents have been promoted as ACs (Group A) at CBEC.
- Automatic cancellation of registration for excise, service tax on cardsRegistration of a manufacturer will be cancelled automatically if excise duty returns are not filed for six months, as per the latest gover...
- Excise duty on jewellery not to impact small artisans: CBECIn the Budget 2012 proposal, the scope of the levy has been altered to include both branded and unbranded jewellery within its scope.
- CBEC extends last date of filing service tax returns to January 6This is being done in view of the fact that assessees are facing problems in electronic filing of returns.
- After-sales service on goods may no longer come freeThe freebies such as extended warranty and free maintenance and service thrown in with cars and consumer durables will now be included in t...
- Fears of service tax on banks for insuring deposits easedThe proposal of imposing service tax on banks for insuring their deposits with an RBI subsidiary has been turned down.
- Govt approves Rs 600 cr computerisation programme for CBECThe government has approved an almost Rs 600-crore computerisation programme for Central Board of Customs and Excise (CBEC) to improve its ...
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