In order to promote the Micro, Small and Medium Enterprises (MSMEs), the Central Board of Indirect Taxes and Customs (CBIC) has introduced a new scheme called the ‘Liberalised MSME AEO Package’. Under this, swift and easier customs clearance of consignments will be provided to the enterprises, with the option of deferred payment duties . It will […]
Tag Archives: Central Board of Indirect Taxes and Customs
GST Registration Applicants Can Opt for Aadhaar Verification Or be Ready for Physical Inspection of Place of Business, Says CBIC
New Delhi, August 22: The Central Board of Indirect Taxes and Customs (CBIC) on Friday issued a circular stating that businesses can opt Aadhaar verification for registration of Goods and Services Tax or else be ready for physical verification of the place of business. Usually, physical verification takes 21 days, while the verification through Aadhaar […]