Dispersing the confusion in regard to input tax credit (ITC) when suppliers issue post-sale financial or commercial credit notes, the Central Board of Indirect Taxes and Customs (CBIC) has clarified ...

CESTAT Chennai held that claiming an exemption or a certain classification on a bill of entry is not mis-declaration or suppression of facts. Accordingly, demand for duty for the extended period or ...

DRI seized 28 containers of cosmetics and dry dates worth ₹12 crore at Nhava Sheva Port, linked to illegal imports from Pakistan after a government ban.

DRI seized Rs 12 crore worth of Pakistani cosmetics and dried dates at Nhava Sheva port. Two were arrested for violating the ...

A summary of new rules for businesses regarding GST rate changes. Learn about mandatory MRP revisions, compliance, and legal obligations after GST ...