CBIC

The Central Board of Indirect Taxes and Customs (CBIC) has announced plans to extend export incentives to shipments sent via India Post, aiming to strengthen the country’s international trade footprint. This initiative seeks to empower small and medium enterprises (SMEs), startups, and individual exporters by reducing logistics costs and enhancing global market access. By integrating postal services into the framework of export benefits, the government hopes to streamline supply chains, encourage cross-border e-commerce, and improve India’s competitiveness in international markets.

In a major procedural overhaul aimed at enhancing ease of doing business, the Central Board of Indirect Taxes and Customs (CBIC) has issued revised guidelines to expedite Goods and Services Tax (GST) registration. Under the new framework, standard applications will be cleared within seven working days, while those flagged as high-risk will undergo physical verification within 30 days. The CBIC also provided an indicative list of acceptable documents, curbing arbitrary queries from field officers.