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CBIC relaxes norms for Customs Cargo Service Providers

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

GST relief for foreign airlines, academic institutions

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

GST bodies get power to waive off certain penalties

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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