CBIC clarifies rules, says no GST to apply on pre-paid gift vouchers, cards
The CBIC emphasised that transactions involving vouchers themselves, irrespective of their type, do not constitute the supply ...
New rules: Airlines to mandatorily share passenger details with Indian customs starting April 1, 2025
From April 1, 2025, airlines must share comprehensive information on international passengers with Indian Customs to enhance ...
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CBIC Clarifies Gift Vouchers, Cards Are Not Subject To GST
The CBIC has issued a clarification stating that gift vouchers and cards, including those not recognised by the RBI, are not ...
New travel rule: Govt mandates airlines to share international passenger data, PNR, and itinerary with Customs
Starting April 1, 2025, airlines must share details of foreign travellers with Indian Customs, and will be penalized for ...
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Airlines To Mandatorily Share International Passenger Data With Customs From April 1
Airlines will have to mandatorily share details of foreign travellers with the Indian Customs authorities from April 1, 2025, ...
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CBI's Bribery Bust: ED Officer on the Run
The CBI searched the residence of an ED assistant director in Shimla after a failed trap operation. Accused of taking a bribe ...
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GST will not be applicable to gift vouchers and cards
Non-prepaid vouchers, which are neither prepaid instruments nor qualify as such but give the holder the right to certain ...
Gift vouchers comprise feature of money, not to attract GST
CBIC clarifies gift vouchers exempt from GST, underlying goods/services may be taxable, distributor commissions subject to ...
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Roll out of Automated Out of Charge for AEO T2 and T3 Clients
Central Board of Indirect Taxes & Customs (CBIC) has announced the roll-out of the Automated Out of Charge (Auto-00C) for ...
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CBIC gives effect to fourth tranche of tariff concessions under India-Australia ECTA
This notification shall come into force with effect from the 1st day of January, 2025. [F. No. CBIC-190354/236/2021-TRU] ...
Voucher transactions not liable to GST: CBIC
India's CBIC clarified transactions involving vouchers do not constitute supply of goods or services and are not liable to ...
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CBIC's second drive against fake input tax credit unearths Rs 26,543-cr GST evasion: Sources
The Central Board of Indirect Taxes and Customs (CBIC) has uncovered a GST evasion of Rs 26,543 crore in its second nationwide drive against fake input tax credit (ITC). From August 16 ...