Launched by RBI in 2022, CBDC aimed to reduce India's reliance on the dollar and counter cryptocurrencies. Despite lackluster ...

1. The writ petitioner impugns an order dated 09 December 2022 pursuant to which its registration under the Central Goods & Services Tax Act, 2017 [“ CGST Act ”] came to be cancelled with ...

Calcutta High Court, in Sujit Kumar Ghosh vs. Assistant Commissioner of State Tax, addressed the disallowance of Input Tax Credit (ITC) claimed by the petitioner under Section 16(4) of the West Bengal ...

SSC Full Form: The full form of SSC is Staff Selection Commission. The SSC is a major body of the Department of Personnel and Training (DoPT) and it includes a Chairman, two members, and a ...

A new CBIC regulation permits accredited importers to manage imported goods at their facilities, easing port congestion and supporting the 'trust first' approach. This initiative is limited to ...

Finance minister Nirmala Sitharaman has questioned the relevance of high import duties in today’s economic landscape, signalling the Central Board of Indirect Taxes and Customs (CBIC) to bring tariff ...

Finance Minister Nirmala Sitharaman lauded the Central Board of Indirect Taxes and Customs (CBIC) during the International Customs Day 2025 for its significant duty rationalization efforts. She ...

Speaking at International Customs Day 2025, finance minister Sitharaman said the CBIC team has been working very hard to rationalize the customs duties for the last two years. Show Full Article The ...

Many details are coming out," Himanta said. "Tomorrow, the Assam Cabinet is going to meet and probably in that meeting, we will take a decision to form an SIT because unless a regular case is ...

Definition and Nature of Vouchers under GST Under the GST law, a voucher is defined as an instrument that creates an obligation on the seller to accept it as full or partial consideration for a supply ...

So, the buoyancy is around 1.12 for GST, because the nominal GDP growth is 9.7 percent," the CBIC chief said. Agarwal also mentioned that after rationalisation of customs duties and personal ...

The Central Board of Indirect Taxes and Customs (CBIC) is set to launch an online system for customs refunds within the next month, furthering its commitment to digitising customs procedures.