CBEC must aim at 22% growth in service tax collection: Das
Concerned over low service tax realisation, Revenue Secretary Shaktikanta Das Monday asked the CBEC (Customs, Central Excise and Service Tax) to analyse revenue mop-up sectorally and ensure that it grows by 20-22 percent in the fiscal.
Aug 24, 2015, 23:15 PM IST
HP India tax case: Customs Tribunal to reconvene hearing in April
The Customs Tribunal is scheduled to reconvene hearings from April 6 on USD 403 million (about Rs 2,500 crore at current exchange rate) alleged duty evasion case of US-based Hewlett-Packard's (HP) India unit.
Mar 22, 2015, 11:44 AM IST
Customs duty evasion: Fin Min proposes to reduce penalty
Government proposes to reduce by 10 percent the penalty levied in cases involving fraud and other means to evade customs duty.
Mar 12, 2015, 17:13 PM IST
Fliers to show original jewellery docs before declaring them
Foreign-bound fliers, wishing to declare jewellery and precious metals, should now carry an affidavit in case they don't have original documents affirming ownership of valuables before customs so that they are not charged duty on such items on their return.
Jan 11, 2015, 12:01 PM IST
Seven snoop units abroad to check black money, customs fraud
Seven overseas intelligence units, including two in China, have been proposed to be set up by the government in order to check black money transactions and customs fraud.
Jan 04, 2015, 10:36 AM IST
