Inquiry into GST's IT infra firm for alleged tax evasion still on: CBEC
The inquiry into the probable case of service tax evasion by Goods and Services Tax Network (GSTN) -- which is creating the IT backbone for the new indirect tax regime -- is still on, Central Bureau of Excise and Customs (CBEC) Chairman Najeeb Shah said.
Mar 12, 2017, 12:17 PM IST
CBEC asks tax officers to speed up GST migration
The Revenue Department has expressed "serious concern" over delay in migration of excise and service tax assessees to the new GST regime and asked field officers to complete the process by March 31.
Mar 03, 2017, 14:56 PM IST
Finance Ministry warns employees of action for critising govt policies
The Finance Ministry has warned employees of disciplinary action if they criticise the government or its policies.
Feb 06, 2017, 17:30 PM IST
India expresses reservations over World Bank report on Doing Business
India has expressed reservations on World Bank's 'Doing Business Report' where it has been ranked 172 amongst 190 countries, Finance Minister Arun Jaitley said Friday.
Dec 09, 2016, 14:22 PM IST
Centre to share model GST law with states on Tuesday
The Centre will share the draft model GST law with the states on Tuesday as it prepares for the rollout of Goods and Services Tax (GST) from April 1 next year, CBEC Chairman Najib Shah said today.
Nov 14, 2016, 18:48 PM IST
ONGC, Cairn India face Rs 730 crore service tax on royalty payments
In a setback to energy firms like ONGC and Cairn India, the government will from this fiscal levy service tax of about Rs 730 crore on royalties they pay to the exchequer on oil and gas they produce.
Nov 03, 2016, 15:48 PM IST
CCEA clears Rs 2,256 crore project for CBEC's GST integration
CCEA Wednesday cleared a Rs 2,256 crore IT project Saksham of the Central Board of Excise and Customs, which will help integrate CBEC's system with the GST network before the rollout in April next year.
Sep 28, 2016, 17:21 PM IST
Cabinet approves new indirect tax network 'SAKSHAM' for GST roll out
The implementation strategy for the project will be to ensure readiness of CBEC's IT systems by April, 1, 2017, when GST is to be introduced.
Sep 28, 2016, 13:17 PM IST
GST Council to finalise registration, other rules on September 30
Moving on fast track to meet the April 2017 GST rollout deadline, the tax department on Monday came out with draft rules relating to registration, invoice and payment which will be finalised by the GST Council on Friday.
Sep 26, 2016, 22:37 PM IST
GST will make consumer goods cheaper, boost jobs: CBEC
Spelling out benefits of the Goods and Services Tax (GST), the revenue department on Monday said it will make consumer goods cheaper, increase consumption and generate more employment by enhancing economic activity.
Aug 29, 2016, 14:55 PM IST
These bollywood movie makers, superstars have been issued service tax notices by CBEC –Know
Seeking to strengthen compliance and verification, the CBEC issued notice to top bollywood movie-makers and actors asking them to divulge the details of their income.
Jul 27, 2016, 09:41 AM IST
Customs clearances to get paperless from 2017
Imports will become easier from the next year as the CBEC is planning to go paperless and move towards a completely integrated Customs system for facilitating documentation and fast-tracking clearances of consignments.
Jul 17, 2016, 12:17 PM IST
Flyers can now buy duty-free goods worth Rs 25,000
Flyers coming in from abroad can buy goods upto Rs 25,000 from duty-free shops in international airports across the country, a five-time jump from the current limit.
Jul 11, 2016, 17:09 PM IST
Relief for taxpayers: No recovery during pendency of stay
In a relief to tax payers, the government has asked taxmen not to proceed with recovery of a 'confirmed' demand in relation to indirect taxes during pendency of stay applications.
Jul 05, 2016, 17:18 PM IST
Rajasva Gyan Sangam: PM Modi asks tax officers to remove fear of harassment among taxpayers
Inaugurating the two-day Rajasva Gyan Sangam at Vigyan Bhavan today, PM Modi asked tax officers to move towards digitisation and make tax administration better and efficient.
Jun 16, 2016, 12:38 PM IST
PM Narendra Modi to inaugurate Rajasva Gyan Sangam today
Prime Minister Narendra Modi will hold an interactive session with the top brass of the two revenue collection arms of the government -- CBDT and CBEC -- during a first-of-its-kind 'Rajasva Gyan Sangam' on Thursday.
Jun 16, 2016, 08:45 AM IST
PM Modi to hold interactive session with taxmen at Revenue 'Gyan Sangam'
Prime Minister Narendra Modi will hold an interactive session with the top brass of the two revenue collection arms of the government -- CBDT and CBEC -- during a first-of-its-kind 'Rajasva Gyan Sangam' to be held here on June 16.
Jun 12, 2016, 10:51 AM IST
GST can be implemented any time in 2016: CBEC
Assuring that the revenue neutral rate would not exceed 20 percent, Krishnan said a committee is already working on the Goods and Services Tax (GST) rate structure and is expected to submit its report very shortly.
Oct 08, 2015, 20:52 PM IST
CBEC must aim at 22% growth in service tax collection: Das
Concerned over low service tax realisation, Revenue Secretary Shaktikanta Das Monday asked the CBEC (Customs, Central Excise and Service Tax) to analyse revenue mop-up sectorally and ensure that it grows by 20-22 percent in the fiscal.
Aug 24, 2015, 23:15 PM IST
New norms for manual scrutiny of service tax returns from August
Central Board of Excise and Customs (CBEC) will start detailed manual scrutiny of service tax returns of assessees based on risk parameters under modified norms from August 1.
Jul 17, 2015, 17:03 PM IST
