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    State GST Collection Sees Significant Rise in Haryana

    Chandigarh, April 1 Haryana has recorded the highest growth in State GST (SGST) collection among all states in 2025-26, according to a report by the Central Board of Indirect Taxes and Customs (CBIC).The state's post-settlement SGST collection stood at Rs 48,289 crore in FY26, registering a...
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    India Sees Revenue Loss Amid Fuel Price Volatility

    New Delhi, March 27 A reduction in excise duty on petrol and diesel by ₹10 per litre, and an increase in export duty on ATF and diesel, will result in a net revenue loss of ₹5,500 crore in two weeks, a top official said on Friday.Chairman of the Central Board of Indirect Taxes and Customs...
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    Changes to Petrol/Diesel Excise Duty Aim for Price Stability

    March 27, New Delhi: Vivek Chaturvedi, Chairman of the Central Board of Indirect Taxes and Customs (CBIC), stated that there have been changes in the excise duty on petrol and diesel for domestic consumption. Specifically, the domestic special additional excise component of the current levy on...
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    Oil Price Volatility Drives Excise Duty Changes

    New Delhi, March 27 CBIC Chairman Vivek Chaturvedi said on Friday that the government will review the special additional excise duty or windfall tax on diesel and ATF every two weeks.The move to levy special additional excise duty (SAED) is to ensure domestic availability of diesel and ATF...
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    Customs Seizes Cannabis and Cocaine at Bengaluru Airport

    Bengaluru, March 25 Two individuals were arrested at the Kempegowda International Airport here on Wednesday for attempting to smuggle hydroponic cannabis worth ₹5.79 crore upon their arrival from Bangkok, officials said.Customs officials in Bengaluru seized 16.54 kg of hydroponic cannabis...
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    Customs Duty Payments on ICEGATE Portal Become More Flexible

    New Delhi, March 25 Businesses can now use UPI, debit or credit cards to pay customs duty on the ICEGATE portal, the Central Board of Indirect Taxes and Customs (CBIC) has said.The CBIC, in a circular, stated that the ICEGATE e-Payment platform has enabled a "Payment Aggregator" as an...
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    SEZ Policy Reforms: Government Forms 17-Member Committee

    New Delhi, March 8 The government has set up a 17-member committee to suggest broader reforms in the policy for special economic zones (SEZs), an official said.It will submit a concept paper recommending a roadmap for comprehensive reforms to formulate a SEZ 2.0 policy.It will undertake a...
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    WTO Trade Policy Review Highlights India's Digital Customs Strategy

    New Delhi, February 26 India's 8th Trade Policy Review at the World Trade Organization (WTO) will take place in July 2026, which will involve a comprehensive peer review of the country's national trade policies, an official statement said on Thursday.An Indian delegation led by the Central...
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    Streamlining Trade: CBIC Announces Digital Customs Reforms

    New Delhi, February 25 The Central Board of Indirect Taxes and Customs (CBIC) will launch the SWIFT 2.0 single-window platform, release the Digital Travellers Guide, and revamp the Atithi app, on Thursday.The finance ministry, in a statement, said that Union Minister of State for Finance...
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    Customs Reform: New Scheme Aims for Faster, Data-Driven Processes

    Mumbai, February 12 The Central Board of Indirect Taxes and Customs (CBIC) is set to introduce the proposed Eligible Manufacturer-Importer scheme by March 1, with a draft framework to be released in five to six days for stakeholder consultation, a top official said on Thursday.Addressing a...
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