CBIC clarifies rules, says no GST to apply on pre-paid gift vouchers, cards
The CBIC emphasised that transactions involving vouchers themselves, irrespective of their type, do not constitute the supply ...
Amid error in gold import figures, Panel formed for accurate data reporting
The government on Thursday formed a committee, comprising officials from commerce and customs, to create a robust mechanism ...
Voucher transactions not liable to GST: CBIC
India's CBIC clarified transactions involving vouchers do not constitute supply of goods or services and are not liable to ...
Govt forms panel to create mechanism for consistent data publication amid gold import data error
The revision was prompted by an unusual surge in imports of the precious metal in November 2024, leading to a record import ...
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Why gold import computation went wrong
The government's initiative to migrate SEZ data from NSDL software to ICEGATE system for streamlined reporting of import data ...
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Gold Import Data Errors: India Forms Panel for Consistent Data
India forms a committee to address errors in gold import data, aiming for a robust mechanism to ensure accurate and ...
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CBIC Clarifies Gift Vouchers, Cards Are Not Subject To GST
The CBIC has issued a clarification stating that gift vouchers and cards, including those not recognised by the RBI, are not ...
Govt. blames double-counting of SEZ shipments for overestimating Gold, Silver import bills
India's $14.2 billion import data revision due to double counting in SEZs prompts credibility-boosting measures by government.
Not just gold & silver, import data for electronics too significantly revised in April-November 2024: GTRI
Government revises import data for April-November 2024, emphasizing need for accurate trade documentation and reliable data ...
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Software Migration Caused Error In Gold Import Computation, Issue Largely Rectified: Sources
The government's initiative to migrate SEZ data from NSDL software to ICEGATE system for streamlined reporting of import data ...
Government Establishes Committee to Ensure Consistent Gold Import Data Publication Following Reporting Errors
The government establishes a committee to ensure consistent and accurate gold import data following recent errors in ...
Government Establishes Committee to Improve Accuracy of Gold Import Data Publication Following Errors
The government has established a committee to enhance the accuracy of gold import data following significant errors in ...