by TANVI_MUNJAL | Dec 17, 2023 | Business & Policy, News & Insights
The Central Board of Indirect Taxes & Customs (CBIC) has instructed its field officers regarding applying the Northern Operating System (NOS) judgment of the Supreme Court on secondment arrangements. This comes when several notices have been issued to companies...
by Manali bhanushali | Feb 27, 2021 | Industry And Cluster, News & Insights
The corporate affairs ministry on Thursday said it has signed a pact with the Central Board of Indirect Taxes and Customs (CBIC), under the finance ministry, for data exchange between the two organisations. The memorandum of understanding (MoU) will facilitate the...
by munimji | Jul 7, 2020 | Finance & Economy, News & Insights
Finance ministry made a statement that the government is not noticing any proposal towards the merger of the Central Board of Direct Taxes (CBDT) and the Central Board of Indirect Taxes (CBIC) as recommended by the Tax Administration Reform Commission headed by...
by munimji | Jun 27, 2020 | Finance & Economy, News & Insights
Central Board of indirect taxes and Customs has abandoned the late fees of Rs. 500 in some cases interest payable on late payments or on the extension of due date for the businesses to file GST returns till October. Taxpayers who do not have any tax liability but were...
