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GST authorities arrest one in input tax credit fraud worth Rs. 91 cr from Thane.

24.10.2021

The accused's firm was dealing in trading of asbestos, cotton yarn, sewing thread, etc. It had fraudulently taken credit of input tax showing the value of goods amounting to Rs. 503.80 crore

GST authorities have arrested an alleged mastermind from Thane in relation to read more »

Centre approves 3% DA hike for Central govt employees.

21.10.2021

The Union Cabinet has approved a 3 per cent dearness allowance and dearness relief hike for central government employees and pensioners.

The Union Cabinet approved a 3 per cent dearness allowance (DA) and dearness relief (DR) hike for central government employees and pensioners on read more »

Punjab and Haryana high court orders CBI to probe ‘irresponsible’ & ‘casual’ attitude of customs, GST departments.

15.10.2021

CHANDIGARH: Taking note of the "irresponsible" and “casual” attitude of Ludhiana based commissionerate of central customs department and Central Goods and Service Tax over the seizure of a container with around 39.6 lakh cigarette sticks, which were declared as scrap in the accompanying documents, the Punjab and read more »

Application of ECTS for Sealing and Monitoring of Goods to be deposited in Customs Bonded Warehouses: CBIC

15.10.2021

The Custom Commissioner has issued the Public Notice Application of Electronic Cargo Tracking System (ECTS) for sealing and monitoring of goods to be deposited in Customs Bonded Warehouses. “Attention of Importers, Customs Brokers, Warehouse licensees, members of trade and all other stakeholders is invited to the Warehouse read more »

Worst ship traffic jam since August is new headache for supply chain.

14.10.2021

The number of vessels waiting to enter one of the world’s busiest ports jumped to the most since August, threatening to further snarl global supply chains strained by a surge in consumer demand for everything from cars to computers.

China’s Yantian port in read more »

Shah Rukh Khan's son Aryan Khan arrest : Aryan Khan, Arbaaz Merchant & Munmun Dhamecha taken to one-day NCB custody in drugs case; 5 more held.

03.10.2021

NCB’s Sameer Wankhede on Aryan Khan case : We are investigating a drug peddler's links with the accused – Exclusive!

Shah Rukh Khan’s son Aryan Khan has been sent to one day custody with the Narcotics Control Bureau (NCB) after her was produced in read more »

GST Revenue collection for September 2021 : Rs. 1,17,010 crore gross GST revenue collected in the month of September 2021.

01.10.2021

The gross GST revenue collected in the month of September 2021 is
Rs. 1,17,010 crore of which CGST is ? 20,578 crore, SGST is Rs. 26,767 crore, IGST is Rs. 60,911 crore (including Rs. 29,555 crore collected on import of goods) and Cess is Rs. read more »

2 businessmen held in separate cases for GST fraud of Rs 17 crore.

27.09.2021

The Central Goods and Service Tax and the Central Excise department arrested two businessmen in separate cases for fraudulently availing input tax credit (ITC) of Rs 17 crore.

CGST Mumbai unit arrested trader Ujwal Jain, a resident of Thakurdwar and director of SPN read more »

Anti-Dumping Duty on Methyl Acetoacetate and its Classification.

12.09.2021

As per the Notification No. 31/2021-Cus. (ADD), dated 29-05-2021, Anti-Dumping Duty (ADD) has been levied on import of Methyl Acetoacetate originating in or imported from China PR. The said goods is specified in column (3) of the table of e said notification falling under the tariff items read more »

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Vessel can’t be made amenable to Customs Duty Nine years later by virtue of condition in another Exemption Notification: Orissa High Court.

05.09.2021

The Orissa High Court held that the vessel cannot be made amenable to Custom duty nine years later by virtue of condition in another exemption notification. The petitioner Great Eastern Shipping Company Ltd. is a private sector shipping service provider involved in the transportation of crude oil, read more »

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GST Revenue collection for August 2021 - Rs. 1,12,020 crore of gross GST revenue collected in August.

01.09.2021

The gross GST revenue collected in the month of August 2021 is ` 1,12,020 crore of which CGST is ` 20,522 crore, SGST is 26,605 crore, IGST is read more »

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DRIs notices, orders in customs tax assessment matters liable to be set aside at any stage.

13.08.2021

In a move that would bring respite to importers struggling with multiple agencies for assessment of customs duties chargeable on the imports of goods, the Karnataka High Court has held that any order on assessment customs duties passed by any agency other than resolute department could be read more »

13.

Unsung warriors – Mumbai Customs.

08.08.2021

A handful of organisations kept the wheels of government humming during the pandemic-forced shutdown last year. The stellar role they played has largely gone unnoticed. It’s time to shine the torch on their herculean efforts and showcase their achievements. They are an inspiration to everyone.

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GST Revenue collection for July 2021 – Rs. 1,16,393 crore gross GST revenue collected in July.

01.08.2021

The gross GST revenue collected in the month of July 2021 is Rs. 1,16,393 crore of which CGST is Rs. 22,197 crore, SGST is Rs. 28,541 crore, IGST is Rs. 57,864 crore (including Rs. 27,900 crore collected on import of goods) and Cess is Rs. read more »

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Outgoing Customs chief alleges bid to influence probe into high-profile Kerala gold smuggling cases.

31.07.2021

He terms the charge that the Centre is misusing Customs in Kerala as ‘absurd’

Outgoing Commissioner of Customs (Preventive) Sumit Kumar has said that there have been futile attempts to influence the probe into high-profile gold smuggling cases that rocked the State.