In a post on X, the department stated that, based on the report's findings, the Central Board of Indirect Taxes and Customs has initiated a thorough investigation, expected to be completed within 4-6 weeks, to probe alleged irregularities.
The second meeting of the National Anti-Smuggling Coordination Centre (S-CORD) was held on October 10, 2025, at the Directorate of Revenue Intelligence (DRI) Headquarters. The meeting brought together representatives from 21 key agencies across India.
The Finance Ministry said on Thursday that the Department of Revenue (DoR) has been asked to undertake a fair, transparent, and fact-based inquiry following allegations made by Wintrack Inc (Chennai) of "corruption and harassment" against Chennai Customs and the matter is being "with utmo
The Parliamentary Public Accounts Committee (PAC), chaired by K. C. Venugopal, is contemplating scrutinising the Export Promotion Capital Goods (EPCG) Scheme, which provides import benefits to exporters.
"On registration, we have gone to and fro. Earlier, we had a very simplified system, and because of its misuse, we made it tighter again. However, there have now been complaints from small traders, particularly small operators. We are rolling out a new scheme from November 1, 2025," the Spec
India could move towards a single Goods and Services Tax (GST) rate structure once the country achieves income parity across different segments of society, Central Board of Indirect Taxes and Customs (CBIC) Chairman Sanjay Kumar Agarwal said in an exclusive interview.
Union Finance Minister Nirmala Sitharaman, while addressing a public gathering in Shillong, Meghalaya, said that the government will offer the Scheme for Special Assistance to States for Capital Investment (SASCI) to Meghalaya to assist the state in the process of redevelopment.
In the run-up to completion of eight years of GST, the Central Board of Indirect Taxes and Customs (CBIC), in coordination with the FIT INDIA Movement, organised a nationwide cyclothon titled "Sundays on Cycle" under the aegis of FIT INDIA movement launched by the Prime Minister, Narendra Mo
The Central Board of Indirect Taxes and Customs (CBIC) issued 6,677 appointment letters on Saturday during the 15th edition of the Rozgar Mela, reinforcing its commitment to strengthening the government workforce and supporting the vision of a developed India.
Speaking at International Customs Day 2025, finance minister Sitharaman said the CBIC team has been working very hard to rationalize the customs duties for the last two years.
As part of the Drug Disposal Drive by the Central Board of Indirect Taxes and Customs (CBIC) under the Ministry of Finance, narcotics and drugs worth Rs 2,246 crores were destroyed from January 11 to January 26, according to an official press release from the Ministry of Finance on Wednesday