This year, 2 officers have been selected for grant of Presidential Award of Appreciation Certificates and Medals for "Exceptionally Meritorious Service rendered at the Risk of Life" and 22 officers for "Specially Distinguished Record of Service".
CBIC conducts an all India AEO drive from the 18th Jan-31st Jan, 2021 to assist the MSME's and other applicants in AEO application filing process.
The Central Board of Indirect Taxes and Customs extends exemption from furnishing of bank guarantee to eligible carriers for transhipment of EXIM cargo via Srilanka and Bangladesh.
Tariff Notification No. 04/2021-Customs (N.T.) in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver.
The Central Board of Indirect Taxes and Customs, via their official Twitter handle, has clarified that the Advance Rulings has started functioning at Delhi & Mumbai from 4th January 2021.
The Department of Revenue, Ministry of Finance has released the Customs Authority for Advance Rulings Regulations, 2021. Read the official announcement and provisions of the newly released Regulations here.
Taking a major step to boost exports, the Government has decided to extend the benefit of the Scheme for Remission of Duties and Taxes on Exported Products (RoDTEP) to all export goods with effect from 1st January 2021.
The benefit of RoDTEP would be available subject to the conditions, restriction, exclusions, ineligibility, and fulfillment of the procedural requirements as notified.
The Central Board of Indirect Taxes and Customs has amended the Courier Imports and Exports (Electronic Declaration and Processing) Regulations, 2010. Read the official announcement and amendments made here.
CBIC, via their official Twitter handle, has bewared the taxpayers of Free Gifts and Huge Discounts and clarified that the Indian Customs never calls or sends messages for paying duty in a personal bank account.
Certification Course on GSTR-3B Reconciliation with GSTR-2B through AI Tools