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As the West Asia war entered its fifth week, the government on Wednesday implemented concessions for Special Economic Zones (SEZs) announced during the Union Budget 2026-27. SEZ manufacturers have been facing pressures amid global geopolitical tensions and the US tariff impact from last year. This "one-time concession" will remain in place from April 1, 2026, to March 31, 2027, the government said. ".. to address the concerns faced by the manufacturing units in the SEZs due to ongoing global tr ...Read More >
New Delhi [India], April 2 (ANI): The government has allowed manufacturing units operating in Special Economic Zones (SEZs) to undertake domestic sales under a time-bound framework. Sources in the government says the notification a key budget announcement was announced to give relief to domestic industry. According to the sources, the scheme is linked to the percentage of export turnover and also factors in the date of commencement of manufacturing activity within SEZs. It has been designed as ...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 ...Read More >
New Delhi [India], April 1 (ANI): The Central Board of Indirect Taxes and Customs (CBIC) has introduced a one-time relief measure allowing eligible manufacturing units in Special Economic Zones (SEZs) to sell goods in the Domestic Tariff Area (DTA) at concessional customs duty rates, in line with the announcement made in the Union Budget 2026-27. According to an official statement from the Ministry of Finance, the relief measure aims to address concerns faced by SEZ manufacturing units due to o ...Read More >
New Delhi, Apr 1 (PTI) The government has announced limited duty concessions to special economic zones (SEZs) for one year to help manufacturing units of these enclaves, hit by weak global demand, sell their goods in the domestic market. The measure takes effect from April 1 and will remain valid until March 31, 2027. As per the notification of the department of revenue, goods made in SEZs and sold in the domestic market will face slightly lower Basic Customs Duty (BCD), and in some cases redu ...Read More >
New Delhi, April 1 (SocialNews.XYZ) The Central Board of Indirect Taxes and Customs (CBIC) on Wednesday introduced a special one-time relief measure for eligible units in Special Economic Zones (SEZs) to facilitate the sale of manufactured goods to the Domestic Tariff Area (DTA) at concessional rates of duty. The move comes in pursuance of the Union Budget 2026-27 announcement to address the concerns faced by the manufacturing units in the Special Economic Zones (SEZ) due to ongoing global trad ...Read More >
These initiatives were announced in the Budget presented in Parliament last month. ShowQuick Read Summary is AI-generated, newsroom-reviewed * CBIC removed the Rs 10 lakh value cap per consignment on courier exports from April 1 * Return to Origin facility introduced for uncleared goods after 15 days at courier terminals * Simplified procedures adopted for re-import of returned or rejected e-commerce export goods Did our AI summary help? Let us know. Switch To Beeps Mode New Delhi: The ...Read More >
New Delhi: The government on Tuesday removed the long-standing cap on courier export consignments and introduced a faster return mechanism for cross-border parcels to boost e-commerce shipments and reduce logistics delays. The Central Board of Indirect Taxes and Customs (CBIC) notified amendments to courier import-export rules, scrapping the ₹10-lakh per shipment ceiling with effect from April 1. The change, announced in the 2026-27 budget, removes a restriction that pushed higher-value parcels ...Read More >
New Delhi, March 31: The Central Board of Indirect Taxes and Customs has operationalised comprehensive reforms to streamline e-commerce exports and courier-based trade, including the removal of the Rs 10 lakh value cap per courier consignment, the government said on Tuesday. Reforms aimed at boosting exports The reforms, effective April 1, are expected to significantly boost exports, especially for e-commerce exporters, by allowing greater flexibility in shipment value and enabling seamless ex ...Read More >
New Delhi, Mar 31 (PTI) The Central Board of Indirect Taxes and Customs (CBIC) has operationalised a set of comprehensive reforms to strengthen and streamline e-commerce exports and broader courier-based imports and exports, with effect from April 1. These reforms include the complete removal of the Rs 10 lakh value cap per consignment on courier exports, the introduction of a streamlined framework for handling returned and rejected parcels and a legally backed Return to Origin (RTO) mechanism ...Read More >
New Delhi [India], March 31 (ANI): The Central Board of Indirect Taxes and Customs (CBIC), in pursuance of the Union Budget 2026-27 announcement, has operationalised a set of comprehensive reforms, strengthening and streamlining E-Commerce exports as well as broader courier-based imports and exports. This will be effective from 1st April 2026. According to the Ministry of Finance, the reforms include the complete removal of the earlier Rs 10 lakh value cap per consignment on courier exports, th ...Read More >
New Delhi [India], March 31 (ANI): The Central Board of Indirect Taxes and Customs (CBIC), in pursuance of the Union Budget 2026-27 announcement, has operationalised a set of comprehensive reforms, strengthening and streamlining E-Commerce exports as well as broader courier-based imports and exports. This will be effective from 1st April 2026. According to the Ministry of Finance, the reforms include the complete removal of the earlier Rs 10 lakh value cap per consignment on courier exports, th ...Read More >
Bengaluru, February 16: A traditional family ceremony in Dakshina Kannada turned into a legal crisis on Saturday, February 14, after four individuals were apprehended for allegedly poaching protected turtles. The suspects were caught on the banks of the Somavati river while attempting to prepare a ceremonial dish for their grandmother's tithi (death anniversary) ritual. Acting on a tip-off, a joint team of police and forest officials conducted a raid, discovering the group with four killed and ...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 mil ...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 consolidate ...Read More >
NEW DELHI: Central Board of Indirect Taxes and Customs (CBIC) Saturday rolled out another trade facilitation measure merging 31 Customs duty notifications into a consolidated one. It said the new notification would be effective from Nov 1. "A step towards simplification, transparency and ease of doing business," CBIC posted on X. In a set of FAQs released by the department it said this is a trade-friendly measure and Notification No. 45/2025-Customs has been issued by merging erstwhile notificat ...Read More >
Earlier in the day, Udit Raj had claimed that the authorities forcibly threw his belongings out of the bungalow despite a court hearing being scheduled for October 28. Congress leader and former MP Udit Raj on Friday alleged that authorities forcibly evicted his family from their Pandara Park government bungalow in New Delhi despite the matter being sub-judice, claiming it was caste-based "harassment." However, according to sources in the Union Ministry of Housing and Urban Affairs, Raj's wife, ...Read More >
To enhance the Ease of Doing Business, India's Central Board of Indirect Taxes and Customs (CBIC) has consolidated 31 customs duty notifications into a single document. In a step towards simplification, transparency, and enhancing Ease Of Doing Business, the Central Board of Indirect Taxes and Customs (CBIC) consolidated 31 separate Customs Duty notifications into a single comprehensive document. This new notification -- Notification No. 45/2025, dated October 24, 2025 -- will come into force o ...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 covere ...Read More >
The officials said that the seizures were made following the operations conducted on Monday and Tuesday. According to the Mumbai Customs officials, in one of the operation, a passenger, who had come from Bangkok, was apprehended with 11.922 kilograms of hydroponic marijuana, valued at about Rs 11.92 crore. In an another operation, Customs officials intercepted two passengers arriving from Hong Kong. During examination of their baggage, they recovered 7.864 kilograms of hydroponic weed, valued ...Read More >
Patna: The Election Commission on Friday directed all enforcement agencies and security forces to take proactive and preventive measures to ensure that drugs, liquor and cash are not used to influence voters during the Bihar assembly elections.The directive followed a high-level meeting of the Multi-Departmental Committee on Election Intelligence (MDCEI) held at Nirvachan Sadan in New Delhi. The commission asked enforcement agencies to identify and map constituencies vulnerable to the transporta ...Read More >
New Delhi, Oct 19 (PTI) The Election Commission has reactivated its economic intelligence panel after a gap of six years to curb the use of money, liquor and drugs to influence voters ahead of the Bihar polls. The Multi-Departmental Committee on Election Intelligence (MDCEI) met here on Friday for the first time since 2019 to fine-tune the strategy of enforcement agencies and central police forces to prevent the use of money power and freebies to sway voters in poll-bound Bihar. The committee ...Read More >
The Bombay Chartered Accountant Society (BCAS) has urged the Union Finance Ministry to extend the due date for filing GSTR-3B returns for September 2025, citing its clash with the Diwali festive period. The current statutory deadline of October 20, 2025, falls immediately after Sunday, October 19 -- right in the middle of the major festival week when offices across the country are closed. In its representation dated October 8, 2025, BCAS said the overlap between the filing date and Diwali festi ...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 ...Read More >
MUMBAI: In a relief to former Vasai Virar City Municipal Corporation (VVCMC) commissioner Anil Pawar, the Bombay High Court on Wednesday held that his arrest on August 13, in connection with the Enforcement Directorate's (ED) money laundering probe into the construction of 41 now-demolished illegal buildings in Vasai East, was illegal. A bench of Chief Justice Shree Chandrashekhar and Justice Gautam Ankhad said the ED did not have "tangible material" required for his arrest under section 19 of ...Read More >
Thiruvananthapuram: The state's much-publicised crackdown on GST fraud appears to be collapsing under its own weight. Despite 14 arrests in high-value evasion cases since 2021 -- each involving over Rs 5 crore in alleged tax fraud -- not a single chargesheet has been filed. Every suspect is out on bail and no trial has commenced, exposing a systemic failure that reduces the state's anti-fraud campaign to little more than headline management.In Aug 2022, the state govt formally designated Ernakul ...Read More >
Gyanesh Kumar will visit Bihar along with Election Commissioners Sukhbir Singh Sandhu and Vivek Joshi Chief Election Commissioner (CEC) Gyanesh Kumar, along with two poll panel commissioners, is expected to visit Patna on October 4 and 5, according to reports. A briefing meeting of central observers which includes general, police and expenditure, appointed by the Election Commission (EC) for Bihar elections is scheduled to be held at IIIDEM Dwarka in New Delhi on Friday. The poll dates are exp ...Read More >
The Finance Ministry has launched a detailed inquiry into corruption allegations against Chennai Customs by Wintrack Inc., an import company that shut down its business citing harassment and bribe demands. A senior officer will conduct a factual examination, while the CBIC claims the issue involves misdeclaration by the importer. The government assures serious action. New Delhi: Amid allegations of corruption levelled against Chennai Customs by Wintrack Inc, the Finance Ministry on Thursday sai ...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 cl ...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 und ...Read More >
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