The government has eased rules allowing the import of goods from Dhaka in sealed rail containers. The Central Board of Indirect Taxes and Customs (CBIC) has laid down the rules for imports in containe...

On Sunday, GST Network, which provides the technology backbone for Goods and Services Tax, had issued an advisory saying that in a few cases, certain records are not reflected in the GSTR-2B statement...

The CBIC has prepared guidelines to block tax credit by GST field officers, saying that such blocking should be on the basis of “material evidence” and not just out of  “suspici...

The government on Tuesday scrapped basic customs duty as well as slashed agri cess on crude varieties of palm, soyabean and sunflower oil till March 2022.  This is expected to help cool pri...

The government on Saturday allowed imported containers to remain at Indian ports for up to nine months to help solve the container shortage issue faced by exporters, according to an official circular....

The government has made Aadhaar authentication of taxpayers mandatory for claiming GST refund. The move is part of the government’s anti-evasion measures. The Central Board of Indirect Taxes an...

The Tatas have been dragged into a snowballing controversy over an unchecked flood of Nepal tea imports into the country. The Rs 7,287-crore Tata Consumer Products Ltd (TCPL, formerly Tata Tea) has b...

GST taxpayers with a turnover of over Rs 5 crore can now self-certify their annual return, instead of a mandatory audit certification by chartered accountants, the Central Board of Indirect Taxes and ...

The Central Board of Indirect Taxes and Customs (CBIC) on Saturday allowed businesses to import and export goods without furnishing bonds to the customs authorities until June-end, a move aimed at ens...

The government has already exempted customs duty on import of a host of Covid-related relief materials, including Remdesivir injection and its APIs, Inflammatory diagnostic (markers) kits, medical-gra...