CBIC Notification No. 10/2024 – Central Tax Dated 29 May 2024: Amendment in Territorial Jurisdiction of Pr Commissioner/Commissioner of Central Tax Notification 10/2024-CT: In exercise of the powers conferred under section 3 read with section 5 of the Central Goods …
CBIC has unveiled a common audit plan for both central and state Goods and Services Tax (GST) officials when auditing banks. In a significant development aimed at streamlining audit procedures, the Central Board of Indirect Taxes and Customs (CBIC) has …
CBIC Notifies that the effective date for following the special procedure by registered persons engaged in manufacturing of Pan-masala, Tobacco and Tobacco products has been extended to 15 May 2023. In a recent development, the Central Board of Indirect Taxes …
The six-page SOP provides clear instructions to DGGI officials on their conduct during various stages of tax investigations, including summons and searches. The Central Board of Indirect Tax and Customs (CBIC) has rolled out a new standard operating procedure (SOP) …
The Central Board of Indirect Taxes and Customs (CBIC) Directs DGGI Officials to Adopt Bottom-Up Approach in GST Investigations of MNCs, Avoiding Immediate Summons for CEOs/CFOs/Directors CBIC Directive to DGGI Officials: The Central Board of Indirect Tax and Customs (CBIC) …
CBIC Notification No. 6/2024 dated 22 February 2024 In a recent development, the government has empowered the GST Network to share data concerning GST-registered businesses, subject to their consent, with the Reserve Bank of India’s (RBI’s) ‘Public Tech Platform for …
DGGI Has Detected Cases where Individuals with Malicious Intention Issuing Fake Summons CBIC Warns Taxpayers about Fake Summons: In a recent development, the Central Board of Indirect Taxes and Customs (CBIC) has issued a cautionary advisory regarding the emergence of …
Amendment in CBIC Notification 2/2017-Central Tax Dt. 19 June 2017 In a significant move, the Central Board of Indirect Taxes and Customs (CBIC) has issued Notification 5/2024 on Dated 30th January 2024, exercising powers under the Central Goods and Services …
CBIC Chairman Advises that SCNs Should be Based on a Thorough Examination of Facts and Relevant Documents The Central Board of Indirect Taxes & Customs (CBIC) is urging caution among its officers to avoid the reckless issuance of show cause …
CBIC Notice Dated 4 January 2024: Calling Feedback/ Suggestion from Stakeholders by 31 january 2024 The Central Board of Indirect Taxes and Customs (CBIC) has recently issued a crucial notice on 4th January 2024, inviting valuable feedback and suggestions from …
CBIC Notification No. 4/2024 Dated 5th January 2024: Special Reporting Procedure Applicable to Manufacturers of Tobacco, Pan Masala etc Notification 4/2024: In a significant move to enhance transparency and compliance in the manufacturing sector under GST, the Central Government, exercising …
Key GST Reforms Initiated by CBIC during the year 2023 In a ground-breaking year for GST reforms, 2023 witnessed the Central Board of Indirect Taxes and Customs (CBIC) achieving unprecedented success, marking six years of seamless GST implementation. The latest …
CBIC Notification No. 56/2023 Dated. 28 December 2023: Extension of Time Limit of Order Issuance Under Section-73(9) of CGST Act for Recovery of Tax Relating to FY 2018-19 & FY 2019-20 In line with the dynamic tax landscape, CBIC Notification …
Biometric Based Aadhar Authentication Applicable for Andhra Pradesh along with Gujarat and Puducherry: CBIC Notification No. 54/2023 (Central Tax) The Central Board of Indirect Taxes and Customs (CBIC), on recommendation of the GST Council, makes the following further amendments in …
GSTN Advisory No 611 Dt. 4 November 2023 GSTN Advisory No. 611: In a recent advisory dated November 4, 2023, the Goods and Services Tax Network (GSTN) has informed to the taxpayers about a significant change in the GST registration …
CBIC Notification 53/2023 Dt. 2 November 2023 CBIC Notification 53: The Central Board of Indirect Taxes and Customs (CBIC), on recommendation of the GST Council, notified that the taxable persons who could not file an appeal against the order passed …
CBIC Circular 205/17/2023 Dated. 31 October 2023 CBIC Circular 205/17/2023: In its 50th meeting, the GST Council recommended a reduction in the GST rate to 5% for imitation zari thread or yarn, known by various trade names. This important clarification …
The Central Board of Indirect Taxes and Customs (CBIC) vide its Notification No.51/2023 Dated 29 September 2023, notified the Central Goods and Service Tax (Third Amendment) Rules 2023 by bringing amendments in many of the rules under the Central Goods …