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