The Central Board of Indirect Taxes and Customs (CBIC) under the Ministry of Finance marked 2024 with impactful reforms, enhancing the Goods and Services Tax (GST) system in its seventh…
CBIC Enables Voluntary Payment Electronically on ICEGATE e-Payment Platform: A Step Towards Digital Customs Processing
The Central Board of Indirect Taxes and Customs (CBIC) issued Circular No. 27/2024-Customs on December 23, 2024, introducing voluntary payment through the ICEGATE e-Payment Platform. This initiative aligns with the…
CBIC Notification: Appointment of Common Adjudicating Authority for DGGI Cases
Issued by: Central Board of Indirect Taxes and Customs (CBIC)Notification Number: 31/2024-Central TaxDate: December 13, 2024 Key Highlights 1. Purpose of the Notification The Central Board of Indirect Taxes and…
Empowerment of Additional/Joint Commissioners for DGGI Notices: Key Highlights
Notification OverviewNotification No. 27/2024-Central Tax, issued by the CBIC on November 25, 2024, amends Notification No. 02/2017-Central Tax. It empowers Additional and Joint Commissioners to adjudicate notices issued by officers…
CBIC Clarifies Applicability of Concessional Duty under IGCR Rules, 2022
By: AdminDate: November 22, 2024Category: CBIC | Notification and Circular > CustomsReading Time: 4 Minutes The Central Board of Indirect Taxes and Customs (CBIC) has issued Circular No. 26/2024-Customs on…
CBIC Instructions: Registration of Foreign Food Manufacturing Facilities
Date: November 16, 2024Category: Customs | CBIC Notifications Key Details The Central Board of Indirect Taxes and Customs (CBIC) issued Instruction No. 29/2024-Customs on November 14, 2024, to outline the…
CBIC Chairman Inaugurates GST & Customs Pavilion at 43rd India International Trade Fair
Date: November 15, 2024Category: CBIC | Press ReleaseRead Time: 4 Min Shri Sanjay Kumar Agarwal, Chairman of the Central Board of Indirect Taxes and Customs (CBIC), inaugurated the GST &…
CBIC Introduces Amendments to Simplify Automated Exchange Rates Notification Process
By: Admin | September 18, 2024 | Categories: Customs | 3 Min Read The Central Board of Indirect Taxes and Customs (CBIC) has issued *Circular No. 17/2024-Customs, dated September 18,…
Rescission of Customs Duty Exemption on Imported Art for Exhibition, Effective September 07, 2024
📅 By Admin | September 07, 2024📂 Categories: #NotificationAndCircular #Customs⏳ 4 Min Read CBIC Rescinds Art Exhibition Exemption On September 6, 2024, the Central Board of Indirect Taxes and Customs…
CBIC Implicates Customs Brokers as Co-Noticees in Interpretative Dispute Cases
By: AdminDate: September 04, 2024Categories: Customs Updates | Important NewsRead Time: 4 Min The Central Board of Indirect Taxes and Customs (CBIC) has issued Instruction No. 20/2024-Customs on September 03,…