CBIC provides permanent facility to resolve invoice mismatch error (code SB-005) on payment of fees of Rs. 1000

Circular No. 05 /2021-Customs Dated 17th February, 2021 

CBIC has provided the facility for resolving invoice mismatch errors with officer interface as an alternative me...

CBIC issued guidelines on procedure to be followed during search operation

Instruction No. 01/2020-21 Dated 2nd February, 2021 

CBIC has issued guidelines concerning the procedures to be followed during search operation. These guidelines must b...

DGFT presents E-Tariff Rate Quota ('TRQ') framework for handling TRQ applications

DGFT has introduced e-TRQ system. With effect from 8th February, all applications will be submitted on the e-Tariff Rate Quota system.  

All TRQ licenses will be issued electronical...

CBIC modifies Bond (B-17) execution process: Circular

CBIC has clarified that in case of B-17 bond executed by EOU/STP/EHTPs in capacity of proprietorship or partnership firm; surety cannot be given by proprietor/ partner himself.  

Such as...

Quarterly Returns with Monthly Payment Scheme

A. Eligibility and Optingfor the scheme

 

1.What is “Quarterly Returns with Monthly Payment(QRMP)”&...

Constitutional validity of Rule 86B challenged in Gujarat HC, notice issued to Govt

Rule 86B of the Central Goods and Services Tax Rules, 2017 has been introduced w.e.f. 1st January 2021 vide Notification No. 94/2020 - Central Tax which allows utilization of IT...

CBIC issued instructions for its officers while filing Appeals/Petitions before Courts/ Tribunals

Circular No. 1077/01/2021 – CX Dated 19th January 2021

BIC has directed its officers to strictly adhere to the aspect of limitation in filing appeals/ petitions before Cour...

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