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The Central Board of Indirect Taxes and Customs (CBIC) is initiating the formation of a panel to address the concerns raised by the gems and jewellery industry related to customs clearances. The industry has highlighted issues such as the lack of valuers, challenges with the hand-carriage of gems and jewellery, and concerns about the Remission of Duties or Taxes on Export Products (RoDTEP) scheme. ....
Budget 2024-25: The Central Board of Indirect Taxes and Customs (CBIC) is currently analysing the technological requirement and upgrade needed and is debating the additional cost impact vis-a-vis the slowdown of processes ....
The options before the authorities include a change in the GST law with an additional clause or adding its definition with a slight change in processes for the industries that work differently. ....
The Delhi High Court has dismissed a public interest litigation challenging two circulars issued by the Central Board of Indirect Taxes and Customs (CBIC) mandating compulsory disposal and sale of all. ....
The Central Board of Indirect Taxes and Customs (CBIC) is currently analysing the technological requirement and upgrade needed and is debating the additional cost impact vis-a-vis the slowdown of processes ....