CBIC
CBIC NEWS
Confident of smooth migration to new GST slabs, engaging with industry on software upgrade: CBIC
September 04, 2025 8:26 pm
The GST Council, comprising finance ministers from the Centre and states, on Wednesday decided to prune the slabs to just two, with tax rates at 5 and 18 per cent, and a special 40 per cent rate on demerit and ultra-luxury items.
Income Tax Department investigating evasion from crypto assets
June 14, 2025 1:31 am
The Department under the Central Board of Direct Taxes (CBDT) has identified such crypto transactions for verifications and has sent emails to defaulting persons to review their income tax returns
FM Sitharaman to take stock of tax issues: Depts seek data from field offices
June 14, 2025 1:25 am
Finance Minister Nirmala Sitharaman will hold detailed interactions with the indirect tax and direct tax authorities on June 20 and June 23, respectively
Tariff on top 30 items imported from the US between 0-7.5% only: CBIC Chairman Sanjay Kumar Agarwal
February 10, 2025 9:55 am
This comes as Prime Minister Narendra Modi is expected to discuss trade ties with US President Donald Trump during his visit to America on February 12-13.
MSMEs: Centre may review import barriers that ‘protect’ big players
January 27, 2025 9:56 pm
From metals and textiles to chemicals and energy, The Indian Express studied multiple cases where import restrictions – tariff and non-tariff – have led to market concentration and increased costs for downstream users across sectors.
Fake GST notices: Finance Ministry asks taxpayers to verify summons first on CBIC site
January 25, 2025 12:36 pm
The Ministry said it has been recently observed that some individuals with fraudulent intent are creating and sending fake summons to the taxpayers by the GST authorities.
Maintain balance between probes and ease of biz: CBIC to Customs
November 05, 2024 12:05 am
The new instructions come now after concerns being raised by a section of taxpayers on investigations lingering for years.
‘Among the petroleum items, crude oil could be brought under GST first’: CBIC Chairman
July 29, 2024 6:19 am
Sanjay Kumar Agarwal stated that tariff rationalisation is undertaken with an objective to promote domestic manufacturing
Customs duty structure review to focus on reducing number of rates: Revenue Secy
July 24, 2024 10:29 pm
The FY25 Budget has lowered customs duty on mobile phone, mobile PCBA and mobile charger, 25 critical minerals, gold, ferro nickel and blister copper, oxygen free copper for manufacture of resistors and certain parts for manufacture of connectors.
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