The Central Board of Indirect Taxes and Customs (CBIC) has issued a new notification outlining a clear adjudication structure for notices involving both customs and central excise duty. This notification, published in the Gazette of India on May 16, 2025, applies to cases where demand notices previously adjudicated …
The Central Board of Indirect Taxes and Customs (CBIC) has issued Instruction No. 10/2025-Customs dated May 13, 2025, introducing revised formats for filing Arrest Reports and Incident Reports under Customs law. The revised guidelines now make it mandatory to include the DIGIT ID in both types of reports. The updated formats are provided in Annexure-I (Arrest Report) and Annexure-II …
In a move to streamline trade procedures and align with international practices, the Central Board of Indirect Taxes and Customs (CBIC) has issued Circular No. 14/2025-Customs dated April 21, 2025, amending Circular No. 38/2020-Customs. This change replaces the term “Certificate of Origin” with “Proof of Origin” …
In a significant update to the Goods and Services Tax (GST) framework, the Central Board of Indirect Taxes and Customs (CBIC) has notified the Central Goods and Services Tax (Second Amendment) Rules, 2025 through Notification No. 11/2025 – Central Tax, dated March 27, 2025. These amendments …
The Central Board of Indirect Taxes and Customs (CBIC) has issued Instruction No. 02/2025-GST, clarifying the procedure for handling departmental appeals related solely to interest and penalties under Section 128A of the Central Goods and Services Tax (CGST) Act, 2017. Text of the Official Notification is …
The Central Board of Indirect Taxes and Customs (CBIC) has released Instruction No. 27/2024-Customs, dated November 1, 2024, to guide Customs field formations on handling tax evasion investigations while promoting ease of doing business. This directive aims to strike a balance between rigorous enforcement of customs regulations …
In a bid to enhance industry understanding and compliance, the Global Trade Research Initiative (GTRI) has urged the Central Board of Indirect Taxes and Customs (CBIC) to simplify the complex language used in its notifications regarding customs duties. GTRI emphasized the need for communication experts to …
The Central Board of Indirect Taxes and Customs (CBIC) has taken a proactive step by issuing Notification No. 56/2023–Central Tax on December 28, 2023. This notification aims to extend the time limit prescribed under Section 73(10) of the Central Goods and Services Tax Act, 2017 (“the …
CBIC has issued notification to provide that the option for the Financial Year 2023-2024 to pay tax under Forward Charge by Goods Transport Agency shall be exercised on or before the 31st May, 2023. Earlier, this option was required to be exercised before 15th March, 2023. …
CBIC has reduced the e-invoicing limit to 5 crore from the current limit of 10 crore starting from 1st August 2023. Official copy of the notification has been mentioned below. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) NOTIFICATION New Delhi, …
