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CUSTOMS VALUATION PROCEDURES
India's export ambitions need more than infrastructure, says BCBAAs India pursues its economic ambitions, the customs and logistics ecosystem will play a pivotal role in enhancing trade competitiveness an...
Anthropic approaches $1T valuation; Google ads face heatAnthropic neared a trillion-dollar valuation following fresh funding. This and more in today's ETtech Top 5.
From $22 billion to zero: Success, not failure, brought Byju downByju's, once a $22 billion edtech giant, has collapsed. Founder Byju Raveendran faces jail for contempt. The company's downfall stems from ...
When the acquisition looks great but the footnote doesn't: How Indian managements turn deals into balance-sheet fictionAcquisitions are among corporate finance’s most celebrated events. But the harder story usually emerges later, when the accounting begins t...
World Trade Organization must 'reform or die': Talks facilitatorThe World Trade Organization faces an existential crisis. Reform is crucial for its survival. Ministers will meet in Cameroon next month to...
CBIC to form panel addressing grievances of gems and jewellery industryThe Central Board of Indirect Taxes and Customs (CBIC) is initiating the formation of a panel to address the concerns raised by the gems an...
Augmont Gold enters 'sell old Gold' businessIt is the first corporate mover in the direction, and aims to provide a fully transparent and digital process for the customers, acknowledg...
GST officers to take steps to check export valuation, devise SOP for verification of risky taxpayersMeasures to check export valuation, including capping of value for calculating export benefits and incentives, were also discussed and prop...
Stricter origin norms compliance: Commerce department to examine FTAsIn view of rising trade deficit, India has been trying to curb imports through tighter origin norms in FTAs.
Government working to make customs clearance for NRIs carrying gold hassle-freeCBEC is readying a new set of guidelines that will make it easier at customs ports to bring in jewellery only for personal use under the ba...
India eases customs rules for local arms of multinationalsIndia has simplified rules governing pricing of imports by related parties including Indian arms of import-dependent multinationals.
Finance Ministry to clean-up trade transfer pricing norms to make doing business easyThe finance ministry is not just looking at changing the rules but also the process itself, which is riddled with delays and cumbersome pap...
- Q&A- Banking & Finance
BCSBI state that the bank is bound to supply authenticated copies of all the loan documents executed by you at the bank's own cost.
- India, Belgium and SA team up for AEO: SD Mazumdar, Chairman, CBEC
Under the pilot, traders with secure tag can move their goods speedily through customs in countries with similar facility.
We may consider auditing NAVsTo bring enhanced transparency, we have to examine the adoption of NAV auditing that many regulators have adopted internationally, says IRD...
- CBEC invites comments on draft circulars on service tax
In a bid to guide taxpayers and make tax payments easier, the Central Board of Customs and Excise today came out with two consolidated draf...
- Service tax codes made easy: No need to go around in circulars
The TR Rustagi committee report on procedural simplifications in service tax has pitched for withdrawal of all circulars on procedural aspe...
- FM to outsource jobs to speed up tax dues recovery
In a bid to hasten the recovery of taxes dues, the Finance Ministry has decided to outsource some of the jobs like valuation and auction of...
- New DEPB norm irks garment exporters
Exporters are in a dilemma as they face another jolt from the Union finance ministry. The department of revenue has issued a circular stati...
- CII wants simpler excise, customs procedures
The Confederation of Indian Industry on Wednesday asked the government to make necessary changes in the Finance Bill and tax laws to make p...