Stay updated
The Directorate General of Systems, CBIC is launching ICEGATE 2.0 in phased manner w.e.f. November 16, 2022. Users will be intimated about various upcoming modules in advance by way of pop up/tickers/notifications. Users will continue to use existing features of…
CBIC effects the changes in GST Laws by issuing Notification, Circulars etc. The proposal about the change in tax rate or amendment in law viz. Act, Rules etc. are presented in GST Council meeting and after the necessary approval they…
The Central Board of Indirect Taxes and Customs (CBIC) expects officials to pay special attention to key areas of work improving tax compliance and revenue augmentation in the second half of the financial year, according to an official update. CBIC…
The Central Board of Indirect Taxes and Customs (CBIC) has said that pre-deposits for appeals in cases related to the erstwhile Central Excise Duty and Service Tax can be made only in cash and not through Electronic Cash Ledger (ECL).…
The CBIC vide CBIC-240137/14/2022-SERVICE TAX SECTION-CBEC dated October 28, 2022 has issued Instructions on the pre-deposit payment method for cases pertaining to Central Excise and Service Tax. It has been brought to the notice of the Board that appeals have…
In yet another move to end the legacy indirect tax disputes and unlock a substantial amount of dues stuck at various courts under litigation, the government has decided to provide a forum for defaulters to come clean and pay taxes.…
The Central Board of Indirect Taxes & Customs, helpdesk has clarified that benefit of an extended time limit to avail Input Tax Credit till November 30, 2022 is applicable for the Financial Year 2021-2022 as well.
In a major, The New Indian impact, the Central Board of Indirect Taxes and Customs (CBIC) initiated a probe into the ₹37.5 lakh Goods and Services Tax bill slapped on a poor farmer in Bihar’s Khagaria. The New Indian correspondent,…
The Central Board of Indirect Taxes & Custom (CBIC) has said that the new anti-profiteering mechanism will not be different from the existing one, except for change in the institution. In an interview with BusinessLine, CBIC Chairman Vivek Johri said…
The goods and services tax (GST) policy wing of the Central Board of Indirect Taxes and Customs (CBIC) is conducting an in-depth analysis to widen the coverage of tax on the crypto ecosystem. It is looking to bring in more…