Tag: CBIC

5 Ways To Make $50K a Year in Passive Income

Market
Passive income is better than any side hustle because the money comes to you without you having to put much elbow grease into it. You’ll read about all kinds of ways...

GST revamp: Goods and services tax not applicable on these post-sale discounts; here is what experts say

Business
The Central Board of Indirect Taxes and Customs (CBIC) clarified that post-sale discounts offered by manufacturers to dealers, aimed purely at competitive pricing and driving sales, will not attract Goods and Services Tax...

CBIC relaxes norms for Customs Cargo Service Providers

Economy
The Central Board of Indirect Taxes and Customs (CBIC) Friday reduced insurance requirement for stored custom cargo to five days from 10 days....

GST relief for foreign airlines, academic institutions

Economy
New Delhi: Foreign airlines operating in India will not be liable to goods and services tax (GST) on services provided by the head...

GST bodies get power to waive off certain penalties

Economy
New Delhi: The government has notified changes to goods and services tax (GST) laws, empowering GST authorities to waive off certain interest and...

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