New Delhi (India), Jul 5 (ANI) Finance Minister Nirmala Sitharaman enhanced the defence budget marginally but exempted defence imports from custom duties which will help the services save around Rs 25,000 crore over five years.
New Delhi [India], July 5 (ANI):Hike in excise duty and infrastructure cess on petrol and diesel by Re 1 a litre each and customs duty on gold and other precious metals and a raise in the surcharge on super-rich individuals were announced in the Union Budget for 2019-20 that seeks to make In
New Delhi [India], July 05 (ANI): Exemption from basic customs duty on import of defence equipment not manufactured in India will augment defence budget with over Rs 25000 crores over the next five years, said Defence Minister Rajnath Singh on Friday.
New Delhi [India], July 5 (ANI): Finance Minister Nirmala Sitharaman on Friday announced that the import of defence equipment that are not being manufactured in India are being exempted from basic customs duty.
New Delhi [India], July 1 (ANI): SK Das, an Indian Revenue Service (IRS) officer of 1986 batch, has taken over as the chairman of Customs and Central Excise (C&CE) Settlement Commission.
Amritsar (Punjab) [India], Jun 30 (ANI): In a major breakthrough, the Customs Preventive Commissionerate, Amritsar, seized 532 kg of suspected heroin and 52 kg of mixed narcotics worth Rs 2,700 crore from an import consignment here at the Integrated Check Post (ICP) on Saturday.
Chennai (Tamil Nadu) [India], June 25 (ANI): Customs officials on Tuesday seized foreign currency worth Rs 99.5 lakh from a Sri Lankan transit passenger at Anna International terminal on Monday.
Barmer (Rajasthan) [India], June 23 (ANI): The officials of the Customs Department at Munaobao railway station have arrested a Pakistani citizen for possessing a Swiss marked gold biscuit.
New Delhi [India], June 20 (ANI): Central Board of Indirect Taxes and Customs (CBIC) on Thursday informed that all genuine exporters will continue to get their Indirect Goods and Services Tax (IGST) refunds in a timely manner in a fully automated environment.
New Delhi [India], Jun 18 (ANI): More than a fortnight after assuming office, the NDA government continued its 'operation clean-up' in the revenue department by forcibly retiring 15 senior customs officials including a Principal Commissioner and four Commissioners with immediate effect.
New Delhi [India], Jun 18 (ANI): Senior Indian Revenue Service (IRS) officer Anup Kumar Srivastava, who is among the 15 officers of the customs department who have been sent on retirement with immediate effect, on Tuesday called the move a case of "clear mala fide personal vendetta".
New Delhi [India], June 18 (ANI): After dismissing 12 senior Income Tax officers, the government on Tuesday retired as many as 15 senior officers of the Central Board of Indirect Taxes and Customs with an immediate effect.