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Central Board Of Indirect Taxes And Customs

Airlines To Share International Passengers' Info With Customs Department Prior To Departure

The Central Board of Indirect Taxes and Customs (CBIC), under the finance ministry, on August 8 notified the 'Passenger Name Record Information Regulations, 2022', which aims at "risk analysis" of passengers to prevent...

09 August 2022

Government Notifies Procedural Changes In GST Rules

With the amendments notified by the Central Board of Indirect Taxes and Customs (CBIC), businesses have also been allowed to make tax payments on the GSTN portal by using IMPS and UPI payment modes


File Photo.

Duty Drawback, GST Refunds Of Rs 1.75 Lakh Crore Issued To Exporters In FY22: CBIC

Central Board of Indirect Taxes and Customs (CBIC) Chairman Vivek Johri said the department is working on a scheme to facilitate gems and jewelry exports through e-commerce. 


E-Invoice To Be Mandatory For B2B Deals For Business With Turnover Of Rs 10 Crore From October 1

Currently, businesses with turnover of Rs 20 crore and above are required to generate electronic invoice for all B2B transactions

02 August 2022

Finance Ministry Issues Draft Sop For E-Commerce Jewellery Exports Through Courier Route

Finance Minister Nirmala Sitharaman had in the 2022-23 Budget announced implementation of a simplified regulatory framework to facilitate export of jewellery through e-commerce


Firms With Over Rs 5 Crore Annual Turnover Will Soon Have To Generate GST E-Invoices For B2b Transactions: Official

Under GST, e-invoicing for B2B transactions was made mandatory for companies with turnover of over Rs 500 crore from October 1, 2020, which was then extended to those with turnover of over Rs 100 crore from January 1, 2021

07 July 2022

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