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Tag: CBIC

Economy

CBIC seeks inputs to combat ‘gift’ import duty loophole

August 16, 2019August 16, 2019 - by Abdul

Recently,the Mumbai Customs department has stopped clearing parcels under the gifts and samples route. According to the Foreign Trade Act,gift items of a value of up to ₹5,000 received from …

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Polity

Project ‘SPARROW-CBIC’ for online writing of Annual Performance Appraisal Report (APAR) in SPARROW

May 16, 2019July 4, 2019 - by Abdul

Government of India has launched Project Sparrow for online writing of Annual Performance Appraisal Reports (APARs) for over 46,000 Group B & C officers of Central Board of Indirect Taxes …

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Economy

CBIC organises meeting of Regional Heads of Customs Administration of Asia Pacific Region of the World Customs Organisation (WCO) in Kochi

May 9, 2019July 4, 2019 - by Abdul

Central Board of Indirect Taxes and Customs (CBIC) is organising a meeting of the Regional Heads of Customs Administration of Asia Pacific Region of the World Customs Organisation (WCO) in …

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Economy

GST: jewellery set to turn cheaper

March 11, 2019March 11, 2019 - by Abdul

The Central Board of Indirect Taxes and Customs (CBIC) has said that the Tax Collected at Source(TCS) amount would be excluded from the value of goods while computing the Goods …

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Economy

CBIC working groups to boost exports

February 24, 2019February 25, 2019 - by Abdul

The Central Board of Indirect taxes(CBIC) has set up three working groups to suggest ways to facilitate exports, especially through e-commerce, and improve compliance by way of curbing tax evasion. …

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