The Central Board of Indirect Taxes and Customs (CBIC) is set to launch an online system for customs refunds within the next month, furthering its commitment to digitising customs procedures.

Gold smuggling has reduced significantly since July 2024 when the government slashed import duty on the precious metal to 6%, Central Board of Indirect Taxes and Customs (CBIC) Chairman Sanjay ...

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 ...

So, the buoyancy is around 1.12 for GST, because the nominal GDP growth is 9.7 percent," the CBIC chief said. Agarwal also mentioned that after rationalisation of customs duties and personal ...

The Indian Customs Declaration Form issued by the CBIC as part of the Guide for Travellers says gold and gold jewellery are being treated as prohibited articles where the same is beyond the ...

New Delhi, Feb 6 (PTI) CBIC Chairman Sanjay Kumar Agarwal on Thursday said the part shifting of the basic customs duty to AIDC will only have a marginal impact on transfers to states as the total ...

Sanjay Kumar Agarwal, Chairman of the Central Board of Indirect Taxes and Customs (CBIC), addressed growing concerns over India's import tariff policy, dismissing allegations from the United ...

In the Budget for 2025-26, the government has rationalised basic customs duty rates, slashing the number of levies to just eight, but has kept the effective duty rates on most items the same by ...

India's tariff structure has been rationalised, reducing the average customs rate from 11.65% to 10.66%, aligning it more closely with ASEAN countries. This move aims to enhance the ...

Central Board of Indirect Taxes and Customs (CBIC) Chairman Sanjay Kumar Agarwal said the rate rationalisation exercise was carried out with the objective of making the tariff structure simple ...

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