The government has projected a modest 5 per cent growth in customs revenue for FY2026-27 after taking into account the impact ...
Sanjay Kumar Agarwal, chairman, CBIC. Goods and Services Tax (GST) revenue collection of central and state governments will continue to grow at a faster pace than nominal GDP growth rate till very ...
New Delhi: The CAG on Thursday flagged a "persistent shortage" of manpower in the audit formations of the Central Board of Indirect Taxes and Customs (CBIC) and said this was leading to gaps between ...
The Indian government has set a 5% growth target for customs revenue for FY2026-27, considering factors like free trade ...
The Pavilion, themed "Next-Gen GST", embodies CBIC's vision of a simplified, technology-driven, and citizen-centric tax ecosystem. The theme reflects the Government's continuous efforts to ease ...
Agarwal highlighted the transformational journey of GST and Customs administration toward greater digitalisation. Image Source: IANS Sanjay Kumar Agarwal, Chairman, Central Board of Indirect Taxes and ...
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Simplified GST Scheme: Government unveils quick registration for small and low-risk businesses
The Government of India on Wednesday introduced a Simplified GST Registration Scheme to make life easier for small and low-risk businesses. According to the Central Board of Indirect Taxes and Customs ...
Even after the sunset clause, anti-profiteering obligations continue through tribunals and policy directions, leaving businesses exposed to uncertainty due to the lack of clear ...
The CBIC has come out with guidelines on blocking of tax credit by GST field officers, saying that such blocking should be on the basis of 'material evidence' and not just out of 'suspicion'. The ...
The new GST reforms have surely impacted the pockets of the Indian customers in a significant manner. Prices of various products have been marginally slashed, which is ultimately befitting the ...
The government said that necessary action has been initiated against online gaming companies for committing crypto-related frauds under the law Assets worth INR 289.28 Cr also seized under various ...
CBIC chief says customs revenue target is modest and achievable for FY27, factoring in FTAs and duty exemptions.
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