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New Delhi: The GST Council has not yet deliberated on any GST rate changes. The Central Board of Indirect Taxes and Customs informed this in an X post on Tuesday. As per reports, The GST Council has not yet deliberated on any GST rate changes. The Council has not even received the recommendations of the GoM, the Central Board of Indirect Taxes & Customs said. The GoM has yet to finalise and present its recommendations to the Council after which the Council will take a final view on the recommendations of the GoM. The reports in the media are thus premature and speculative, reads the said X post by the Central Board of Indirect Taxes and Customs.
New Delhi, Jul 18 (PTI) Kapil Raj, a former ED officer who supervised the arrests of two chief ministers under the anti-money laundering law, has resigned from government service after serving for about 16 years. An order issued by the Ministry of Finance on Thursday said the "President of India was pleased to accept his resignation from the Indian Revenue Service (Customs and Indirect Taxes) with effect from July 17." The 45-year-old officer belonged to the 2009 batch of the IRS. Sources close to the officer spoke to PTI and attributed "personal reasons" for his resignation from government ...Read More >
Kolkata: The government's recent circular has brought clarity on trade discounts and credit notes under the GST regime, but has shifted compliance obligation and cash-flow pressure onto FMCG distributors, experts said. Indirect Tax Expert at LexVed Vedika Agrawal said the GST circular 251 makes it clear that financial or commercial credit notes - those issued without GST - do not require distributors to reverse their input tax credit (ITC). Input tax credit is the tax a business unit pays on it ...Read More >
New Delhi: Consumer Affairs Secretary Nidhi Khare on Monday said the government's National Consumer Helpline (NCH) has received close to 3,000 complaints related to GST since the implementation of reduced taxes. "Everyday, we are receiving complaints. So far, we have received close to 3,000 consumer complaints. We are sending them to the CBIC (Central Board of Indirect Taxes and Customs) for further action," Khare told reporters on the sidelines of an event. The Consumer Affairs Ministry is closely monitoring instances where consumers are being cheated through misleading discount practices t ...Read More >
New Delhi: After several complaints were received from the public about a price hike for certain items, the Union government has sent out queries to a few e-commerce platforms asking about the reasoning behind the price hike. The Union government is keeping a close watch on the price changes for common-use items on e-commerce platforms, the officials said, adding that they are monitoring whether prices of items have been reduced pre- and post-September 22. E-commerce platform operators are under scanner of the government for hiking prices of certain items despite sweeping rate cuts under GST ...Read More >
Customs duty compliance just got simpler! The CBIC has merged 31 old notifications into one, making it easier for businesses to navigate exemptions and benefits. This move streamlines procedures, clarifies agriculture infrastructure development cess rates for key goods, and expands eligible agencies for duty-free precious metal imports. It's a significant step towards improving the ease of doing business in India. New Delhi: The Central Board of Indirect Taxes and Customs (CBIC) has consolidated ...Read More >
New Delhi [India], November 4 (ANI): The Central Board of Indirect Taxes and Customs (CBIC), Department of Revenue, Ministry of Finance, actively engaged in the Special Campaign 5.0 from 2nd-31st October, 2025, with special focus on cleanliness, record management and disposal of e-Waste generated as per E-Waste Management Rules, 2022 of MoEFCC. According to an official statement from the Ministry of Finance, the concerted efforts of CBIC formations resulted in the achievement of several key milestones, which include NACIN Faridabad and CGST Faridabad disposing of 178 monitors, 70 CPUs, 88 Pri ...Read More >
Kapil Raj, a former Enforcement Directorate officer, has resigned after 16 years of service. He oversaw the arrests of Hemant Soren and Arvind Kejriwal. Raj, an Indian Revenue Service officer, cited personal reasons for his decision. He supervised high-profile investigations, including those involving Nirav Modi and Mehul Choksi. Kapil Raj, a former ED officer who supervised the arrests of two chief ministers under the anti-money laundering law, has resigned from government service after serving ...Read More >
Thiruvananthapuram, July 1 (UNI) The Thiruvananthapuram GST Zone has achieved significant milestones in revenue growth and detection in tax evasion. The enforcement and audit wings detected tax evasion worth ₹580 crore in 2024-25, showcasing the zone's efforts in ensuring compliance. The enforcement and the audit wings of the Thiruvananthapuram Zone of Central Tax, Excise and Customs have lodged cases involving tax evasion worth Rs 580 crore in the year 2024-25. The Zone's GST revenue in the first two months of FY 2025-26 registered an impressive growth of 18%, while Central Excise revenue s ...Read More >
CHENNAI: The Indian government has directed businesses to submit monthly reports on the maximum retail price (MRP) of 54 essential consumer goods, starting from September 22, 2025. This step is aimed at ensuring that the benefits of the recent Goods and Services Tax (GST) rate cuts are passed on to consumers and to prevent any unfair price increases by companies. The Central Board of Indirect Taxes and Customs (CBIC) has instructed Central GST field offices through a Friday notification to closely monitor price changes for items such as butter, thermometers, toys, and other commonly used good ...Read More >
The CBIC has clarified that businesses receiving post-sale discounts via credit notes without tax adjustments don't need to reverse input tax credit (ITC). This circular aims to reduce uncertainty and disputes regarding post-sale discounts under GST. GST will only apply to promotional activities with separate agreements and defined consideration, providing clarity on ITC entitlement and tax liability. Businesses receiving post-sale discounts in the form of financial or commercial credit notes wi ...Read More >
New Delhi [India], October 19 (ANI): The Central Board of Indirect Taxes and Customs has extended the GSTR-3B filing deadline to October 25, 2025, for both monthly filers (September 2025) and quarterly filers. This extension by CBIC was announced via Notification No. 17/2025 - Central Tax, dated 18.10.2025. Also Read | Rachel Zegler To Star in Biopic of Cuban-American Singer-Songwriter and Actress Gloria Estefan. GSTR-3B is a monthly self-declared summary return that taxpayers must file under the Goods and Services Tax (GST) regime in India. It includes details of outward supplies, inward ...Read More >
Dimapur, Jul 18 (PTI) Two persons have died of Japanese Encephalitis (JE) in Nagaland, a health department official said on Friday. Chief Medical Officer, Dimapur, Dr Yartenla Jamir, said that of the seven JE cases detected in Dimapur, Chumoukedima, and Niuland districts, two persons have died so far. She expressed concern over the rise in Japanese encephalitis (JE) cases in the three districts, especially during the monsoon season, which increases the risk of transmission. The Health department has urged district administrations to issue a public advisory on JE prevention measures and to i ...Read More >
New Delhi: Consumer Affairs Secretary Nidhi Khare on Monday said the government's National Consumer Helpline (NCH) has received close to 3,000 complaints related to GST since the implementation of reduced taxes. "Everyday, we are receiving complaints. So far, we have received close to 3,000 consumer complaints. We are sending them to the CBIC (Central Board of Indirect Taxes and Customs) for further action," Khare told reporters on the sidelines of an event. The Consumer Affairs Ministry is closely monitoring instances where consumers are being cheated through misleading discount practices t ...Read More >
New Delhi: The Central Board of Indirect Taxes & Customs (CBIC) is set to hold a meeting with industry associations and trade bodies to discuss the implementation of recent GST reforms and rate rationalisation. CBIC chief Sanjay Kumar Agarwal has also urged field formations for proactive outreach to assist businesses in ensuring a smooth transition. Starting Wednesday, the meeting will bring together key ministries and sectors to facilitate seamless implementation, address technical queries, and ...Read More >
Chandigarh, Apr 1 (PTI) Haryana has recorded the highest growth in State GST (SGST) collection among all states in 2025-26, according to a report by the Central Board of Indirect Taxes and Customs (CBIC). The state's post-settlement SGST collection stood at Rs 48,289 crore in FY26, registering a 21.5 per cent growth from Rs 39,743 crore in FY25. This is much higher than the national average growth of 5.7 per cent. An official spokesperson on Wednesday said the total GST collection in Haryana increased by 8.6 per cent in FY26, higher than the national GST growth rate of 6.4 per cent. With t ...Read More >
NEW DELHI: Kapil Raj, a former ED officer who supervised the arrests of two chief ministers under the anti-money laundering law, has resigned from government service after serving for about 16 years. An order issued by the Ministry of Finance on Thursday said the "President of India was pleased to accept his resignation from the Indian Revenue Service (Customs and Indirect Taxes) with effect from July 17." The 45-year-old officer belonged to the 2009 batch of the IRS. He was involved in the arrest of Hemant Soren (Jharkhand) and Arvind Kejriwal (Delhi). Sources close to the officer spoke to ...Read More >
New Delhi, Oct 25 (SocialNews.XYZ) The government has issued a new notification towards bringing a major reform in the customs exemption framework towards ease of doing business. The new notification by Ministry of Finance (Department of Revenue) rationalises and harmonises existing customs duty exemptions across various sectors. The Central Board of Indirect Taxes and Customs (CBIC) has consolidated 31 separate Customs Duty notifications into a single comprehensive document. The sectors covered include renewable energy, metals, fertilisers, agriculture, pharmaceuticals, electronic components ...Read More >
Auto companies have urged the government to allow either an adjustment of accumulated cess with tax liabilities or a refund, warning that otherwise the credits will have to be reversed in their accounting books. Automobile manufacturers are staring at a potential write-off of around ₹2,500 crore in accumulated compensation cess credits, which will lapse on September 22 when the new GST 2.0 rates take effect, as per PTI. Currently, automobiles attract GST at 28 per cent -- the highest slab -- p ...Read More >
New Delhi: The Central Board of Indirect Taxes and Customs (CBIC) has dismissed a viral social media message that falsely claimed new GST transition benefits would take effect from September 22, 2025. According to the misleading message, the changes would cover areas such as unutilised cess credit, ITC on exempt supplies, and new price adjustment provisions. The CBIC clarified that these claims are factually incorrect and misleading, urging citizens, trade bodies, and businesses to rely only on official notifications, circulars, and FAQs for accurate information. In an official statement, CB ...Read More >
New Delhi, Sep 29 (SocialNews.XYZ) The government has received nearly 3,000 complaints from consumers about misleading discounts and unfair pricing practices by retailers after the recent cuts in Goods and Services Tax (GST) rates, Consumer Affairs Secretary Nidhi Khare said on Monday. Speaking at an event, Khare said that complaints are coming in every day, and the ministry is forwarding them to the Central Board of Indirect Taxes and Customs (CBIC) for further action. "Everyday, we are receiving complaints. So far, we have received close to 3,000 consumer complaints. We are sending them to ...Read More >
New Delhi: Consumer Affairs Secretary Nidhi Khare on Monday said the government's National Consumer Helpline (NCH) has received close to 3,000 complaints related to GST since the implementation of reduced taxes. "Everyday, we are receiving complaints. So far, we have received close to 3,000 consumer complaints. We are sending them to the CBIC (Central Board of Indirect Taxes and Customs) for further action," Khare told reporters on the sidelines of an event. The Consumer Affairs Ministry is clo ...Read More >
New Delhi, Sep 16 (PTI) Insurance companies will not be able to claim input tax credit on GST paid on inputs like commissions and brokerages for individual health and life insurance policies with effect from September 22, the CBIC said on Tuesday. The Central Board of Indirect Taxes and Customs (CBIC) has issued a set of FAQs clarifying on the taxation of various goods and services when the new GST slabs kick in from September 22. The GST Council in its meeting on September 3 had decided to exempt premium paid on individual health and life insurance policies from GST effective September 22, ...Read More >