Cabinet approves Amendment of in the Customs and Excise Act, relating to abolition of cesses and surcharges on various goods and services to facilitate implementation of GST Regime https://www.taxtmi.com/news?id=17659 The Cabinet-approved amendments insert Sections 108A and 108B in the Customs Act to mandate furnishing of import/export information by specified persons for analysis to detect undervaluation, overvaluation, and misuse of export promotion schemes, and propose amendments or repeals to customs, tariff and excise statutes to abolish cesses and surcharges and remove provisions rendered irrelevant by GST. en-us Wed, 22 Mar 2017 23:40:59 +0530 Thu, 23 Mar 2017 10:09:00 +0530 TaxTMI RSS Generator Cabinet approves Amendment of in the Customs and Excise Act, relating to abolition of cesses and surcharges on various goods and services to facilitate implementation of GST Regime https://www.taxtmi.com/news?id=17659 The Cabinet-approved amendments insert Sections 108A and 108B in the Customs Act to mandate furnishing of import/export information by specified persons for analysis to detect undervaluation, overvaluation, and misuse of export promotion schemes, and propose amendments or repeals to customs, tariff and excise statutes to abolish cesses and surcharges and remove provisions rendered irrelevant by GST. News - Wed, 22 Mar 2017 23:40:59 +0530 https://www.taxtmi.com/news?id=17659