Relaxed AEO process for MSMEs

Trade, Import, and Export for MSMEs: Under AEO, a business engaged in international trade is approved by Customs as compliant with supply chain security standards and

Import, export of vaccine without any value limitation

The Central Board of Indirect Taxes and Customs has said that the import and export of the vaccines in relation to COVID-19 will be allowed

CBIC relaxes norms for Covid-19 vaccines

The Central Board of Indirect Taxes & Customs (CBIC) has relaxed the norms for import and export of Covid-19 vaccines through courier. CBIC operates under

Cabinet approves Industrial Corridor nodes at Krishnapatnam and Tumakuru

The Cabinet Committee on Economic Affairs (CCEA) has approved to construct Industrial Corridor nodes in Krishnapatnam and Tumakuru at estimated cost of ₹7,725 cr. The

CBIC initiates drive to shore up revenue lost due to pandemic

December 9, 2020: The indirect tax administration has initiated a drive urging businesses to pay their taxes on time to make up for the revenue

Customs duty on open-cell panel for TVs may be gradually hiked to boost local manufacturing

November 25, 2020: In a bid to boost local manufacturing of open-cell for LED/LCD screens, the government is looking to hike the customs duty for

Govt raises customs duty on certain components used in manufacturing open cell for LED/LCD TV panels

November 13, 2020: Customs duty of 5 per cent will be imposed from November 12 on the imports of components used in manufacturing of open

e-invoicing mandatory for companies with a turnover exceeding Rs 500 crore

September 18, 2020: The Central Board of Indirect Taxes and Customs (CBIC) has notified that e-invoicing is to be mandatorily adopted by all companies with

CBIC allows Auto Let Export Order under Express Cargo Clearance System

September 10, 2020: The Central Board of Indirect Taxes and Customs (CBIC) allowed the Let Export Order (LEO) under Express Cargo Clearance System (ECCS) for