Monday, October 13, 2025

Notification

CBIC Notifies New Powers to DGARM Officials for Passenger Data Processing Across India

The Central Board of Indirect Taxes and Customs (CBIC), under the Ministry of Finance, has expanded the powers of senior customs officers to streamline...

CBIC Expands Seizure Powers of Customs Officers

The Central Board of Indirect Taxes and Customs (CBIC) has issued Notification No. 63/2025-Customs (N.T.) amending the earlier Notification No. 26/2022-Customs (N.T.) dated March...

CBIC Withdraws Circular on ITC Reversal Procedure for Post-Sale Discounts

The Central Board of Indirect Taxes and Customs (CBIC) has withdrawn the Circular No. 212/6/2024-GST, dated 26-06-2024 on Input Tax Credit (ITC) reversal procedure...

NFRA Launches Auditor-Audit Committee Interaction Series 4 on Audit of Impairment of Non-Financial Assets

The National Financial Reporting Authority (NFRA) has released the fourth edition in its Auditor-Audit Committee Interaction Series, titled “Audit of Accounting Estimates and Judgments...

FinMin Constitutes of RODTEP Committee 2025

The Finance Ministry has notified the constitution of  Remission of Duties and Taxes on Exported Products (RODTEP) Committee 2025 to review the notified rates...

Insurers to Levy 18% GST on Agents’ Commission as ITC Withdrawal Hits Industry

Two weeks after the government announced a reduction in Goods and Services Tax (GST) on health insurance premiums from 18% to zero, insurance companies...

Provisional Sanction Of Refund Claims On The Basis Of Identification, Evaluation Of Risk By System: CBIC

The Central board of Indirect Taxes and Customs (CBIC) has enabled the provisional sanction of refund claims on the basis of identification and evaluation...

Officers Promoted To Grade Of Assistant Commissioner Of Customs & Indirect Taxes In Level 10

The President has notified the promotion of the officers to the grade of Assistant Commissioner of Customs & Indirect Taxes in Level 10 ...