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  • Govt hikes customs duty on wheat to 30% to curb cheaper imports May 24, 2018 12:19 PM IST

    Govt hikes customs duty on wheat to 30% to curb cheaper imports

    The import duty on walnut shell has also been increased from 30 percent to 100 percent, according to a late night notification issued by the Central Board of Excise and Customs (CBEC).

  • CBEC sanctions Rs 12,700-crore GST refund claims Apr 01, 2018 11:54 AM IST

    CBEC sanctions Rs 12,700-crore GST refund claims

    The Central Board of Excise and Customs had organised refund facilitation camps in field offices between March 15-31 to assist exporters in filling up refund claim forms and correct errors.

  • CBEC renamed as CBIC; twitter handle updated Apr 01, 2018 09:20 AM IST

    CBEC renamed as CBIC; twitter handle updated

    The apex indirect tax authority also updated its twitter handle to 'cbic_india' from the earlier 'cbec_india'.

  • CBEC member holds meeting with exporters on GST refunds Mar 23, 2018 06:57 PM IST

    CBEC member holds meeting with exporters on GST refunds

    In a meeting that lasted over an hour, CBEC Member P K Das and other officials asked export associations, including EEPC, to approach the CBEC camps in field offices, which the indirect tax body has organised to facilitate the refund process.

  • CBEC to verify GST transitional credit claims of 50,000 taxpayers Mar 19, 2018 05:18 PM IST

    CBEC to verify GST transitional credit claims of 50,000 taxpayers

    This verification is to be completed by June and a status report has to be given to the Central Board of Excise and Customs (CBEC) by July 10. One-third of the remaining claims of 50,000 taxpayers will be verified in three phases -- July-September, October-December and January-March (2019).

  • Government to soon finalise anti-profiteering guidelines: CBEC Jan 24, 2018 09:26 PM IST

    Government to soon finalise anti-profiteering guidelines: CBEC

    According to a member of CBEC, 15 states have already agreed for smooth implementation of intra-state movement along with the interstate movement of goods via e-way bills from February 1.

  • PPMAI seeks clarification, modification from CBEC Jan 22, 2018 09:35 PM IST

    PPMAI seeks clarification, modification from CBEC

    As per the CBEC circular, imported goods procured under in-bond transfer would be subjected to double taxation, first under IGST Act, 2017.

  • Exporters file over 10,000 applications for GST refunds Dec 03, 2017 03:42 PM IST

    Exporters file over 10,000 applications for GST refunds

    The Central Board of Excise and Customs (CBEC) had last month started refunds for exporters of goods who have paid IGST and have claimed refund based on shipping bill by filling up Table 6A.

  • Exporters can manually file GST refund claims: CBEC Nov 16, 2017 03:53 PM IST

    Exporters can manually file GST refund claims: CBEC

    Now exporters of services who paid IGST and those making zero rated supplies to SEZ units as well as those merchant exporters who want to claim refunds for input credit can approach their jurisdictional commissioner with their refund form.

  • Reach out to non-filers of GST returns: CBEC to fields offices Nov 13, 2017 03:42 PM IST

    Reach out to non-filers of GST returns: CBEC to fields offices

    The Central Board of Excise and Customs (CBEC) has shared the zone-wise data of businesses under the Goods and Services Tax (GST) with regional commissioners to handhold them in case they are facing difficulty while filing returns under the new indirect tax regime.

  • CBEC doesn't plan to revise its Rs 9.68 trillion revenue collection target yet: Vanaja Sarna Oct 29, 2017 03:40 PM IST

    CBEC doesn't plan to revise its Rs 9.68 trillion revenue collection target yet: Vanaja Sarna

    The Central Board of Excise and Customs’ (CBEC) revenue collection target of Rs 9.68 trillion from customs and the Goods & Services Tax (GST) is looking difficult due to the recent roll of GST.

  • Exporters to get GST refund in bank a/c filed with customs Oct 13, 2017 03:50 PM IST

    Exporters to get GST refund in bank a/c filed with customs

    The Central Board of Excise and Customs (CBEC) said it has asked exporters to align their bank account details declared to the customs with that of GST regime.

  • 5,000 cos under scanner for claiming more than Rs 1 crore in GST refunds Sep 20, 2017 04:06 PM IST

    5,000 cos under scanner for claiming more than Rs 1 crore in GST refunds

    Out of the Rs 95,000 cr GST revenues in July, more than two third of the amount is up for refund as input tax credit

  • GST Council may finalise e-way rules, fix anomalies tomorrow Aug 04, 2017 02:55 PM IST

    GST Council may finalise e-way rules, fix anomalies tomorrow

    The Council, headed by Finance Minister Arun Jaitley, will also review at its meeting the implementation of the new Goods and Services Tax (GST) regime since July 1 and may finalise a mechanism to operationalise anti-profiteering provision to protect consumer interest.

  • Subdued demand may force relook at GST composition scheme Jul 30, 2017 12:31 PM IST

    Subdued demand may force relook at GST composition scheme

    A senior government official said the Central Board of Excise and Customs (CBEC) is trying to ascertain the reasons for businesses not opting for the Composition Scheme that was especially designed to ease compliance burden of small traders.

  • GST Council may take up certain tax issues at August meet Jul 21, 2017 02:27 PM IST

    GST Council may take up certain tax issues at August meet

    Central Board of Excise and Customs (CBEC) Chairperson Vanaja Sarna also said the department is keeping track of revenue trends post the GST rollout from July 1, but actual positions will be known after returns are filed in September.

  • Taxmen to go slow on GST enforcement for 6 months Jul 19, 2017 01:23 PM IST

    Taxmen to go slow on GST enforcement for 6 months

    Central Board of Excise and Customs (CBEC) Chairperson Vanaja Sarna said there will be genuine errors due to lack of understanding in the initial days.

  • EXCLUSIVE: GST's challenge for the govt is to ensure consumers are not cheated, says CBEC Chief Jul 05, 2017 12:01 PM IST

    EXCLUSIVE: GST's challenge for the govt is to ensure consumers are not cheated, says CBEC Chief

    Govt concerned about people's ease, in terms of pricing, bills that they will be getting, and consumers knowing what they are paying

  • July 1 to be observed as GST Day: CBEC Jun 30, 2017 03:23 PM IST

    July 1 to be observed as GST Day: CBEC

    While the rollout day of July 1 will be known as 'GST Day', all the offices of the Central Board of Excise and Customs (CBEC) have been instructed to be open on Saturday as a trade facilitation measure.

  • Sales from SEZs to domestic market to attract IGST from July 1 Jun 28, 2017 04:11 PM IST

    Sales from SEZs to domestic market to attract IGST from July 1

    An SEZ area is considered to be a foreign territory for trade operations and duties, and is mainly set up for promoting export.

  • GST rollout: Government notifies 18 sections, 2 rules Jun 20, 2017 10:10 PM IST

    GST rollout: Government notifies 18 sections, 2 rules

    All the notifications would be effective from June 22.

  • Govt starts GST awareness drive for consumers Jun 04, 2017 02:03 PM IST

    Govt starts GST awareness drive for consumers

    The Central Board of Excise and Customs (CBEC) in advertisements in leading dailies gave pictorial representations of items which are exempt from Goods and Services Tax and the ones which would attract lower tax of 5 per cent.

  • GST rate for gold will be deeply discussed on June 3 by the Council: CBEC May 26, 2017 01:58 PM IST

    GST rate for gold will be deeply discussed on June 3 by the Council: CBEC

    The GST Council would likely be focusing on the items that have been left out than re-look or review rates that have already been announced, said Vanaja N Sarna, Chairperson, CBEC.

  • Tax officials get battle-ready as countdown to GST begins May 24, 2017 12:11 PM IST

    Tax officials get battle-ready as countdown to GST begins

    CBEC chief personally monitoring preparedness; about 400 trade awareness, technical training and GST outreach programmes for tax officials across the country in the next four weeks to ensure a glitch-free rollout

  • GST: R K Mahajan, Mahender Singh appointed CBEC members May 09, 2017 12:40 PM IST

    GST: R K Mahajan, Mahender Singh appointed CBEC members

    The Appointments Committee of the Cabinet has approved their appointment as members in CBEC, an order issued today by the Department of Personnel and Training stated.

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