https://www.taxtmi.com/article/detailed?id=7871 Budget 2018 renames the Central Board to Central Board of Indirect Taxes and Customs, repeals certain additional duties and education cesses, revises customs duties to correct duty inversion and protect domestic industry, tightens refund recovery with interest where appellate modification reduces refunds, expands audit powers including audits at auditee premises, narrows advance ruling to pre-import/export questions and shortens ruling timeframe to three months, mandates pre-consultation notices for certain Customs proceedings, and provides three specified retrospective service tax exemptions with a six-month refund claim window. en-us Thu, 08 Feb 2018 07:08:59 +0530 Thu, 08 Feb 2018 07:08:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7871 Budget 2018 renames the Central Board to Central Board of Indirect Taxes and Customs, repeals certain additional duties and education cesses, revises customs duties to correct duty inversion and protect domestic industry, tightens refund recovery with interest where appellate modification reduces refunds, expands audit powers including audits at auditee premises, narrows advance ruling to pre-import/export questions and shortens ruling timeframe to three months, mandates pre-consultation notices for certain Customs proceedings, and provides three specified retrospective service tax exemptions with a six-month refund claim window. Articles Budget - Tax Proposals Thu, 08 Feb 2018 07:08:59 +0530 https://www.taxtmi.com/article/detailed?id=7871