SIGN IN SUBSCRIBE

News Update

Roadmap for Transforming GST into a Good and Simple TaxLanka keen to join BRICS; sends letter to PutinOh mon Dieu! GST Council canoeing away from basic design at every meeting!GST - Section 107(2) clearly does not contemplate the Commissioner seeking to even attempt to review an order passed by the appellate authority: HCGST - Challenge to Section 16(2)(c) to the extent it insisted that the assessee availing ITC had to ensure that the supplier of the inputs had actually paid his output tax to the government fails: HCCus - Petitioner seeks initiation of contempt proceeding for disobedience of Court order - Since the counsel for respondent submits that application of petitioner has been processed, nothing further survives in the present petition: HCChinese troops illegally sailing in Panama Canal: TrumpCus - Delay in filing appeal due to lockdown imposed during COVID pandemic - Reason cited is sufficient for the Tribunal to have exercised the power to condone the delay: HCKerala VAT - It is fit case for remand where assessment order is wrongly set aside by the Single Judge on grounds of limitation: HCDRI seizes gold worth Rs 2.35 Cr at Ahmedabad AirportThe Coconut Oil Story - Tale of Tresses and TaxesAP Police busts illicit gambling operation; 30 arrestedNHAI undertakes pilot project to prevent stray cattle related accidents on NHsPak airstrikes kill 46 people, mostly women & children, in AfghanistanSpoofed international calls from Indian numbers down from 1.35 Cr to 6 LakhsNo Christmas for Ukraine; Russia launches intensified strikesAmantya Tech awarded Grant to develop Carrier-grade 5G SA Core under TTDF SchemeChina’s slowdown forces De Beers to pile up diamond stocksPM meets eminent economists at NITI AayogChina launches drive for single people to date, marry and produce childrenI-T- Provisions of Section 148 do not restrict issuance of subsequent re-assessment notices after prior proceedings, provided they are within limitation period: HCJustice Sanjay Kishan Kaul appointed to 9-member Bahrain International Commercial CourtI-T- Rejection of the books is a necessary precondition to disallow expenses : HCSecretary-level reshuffle: ACC appoints Arunish Chawla of Bihar cadre as new Revenue Secretary + Rachna Shah as new DoP&T SecretaryI-T - While estimating gross profit, industry gross profit which is running business and that gross profit shown by comparable cases, should be considered: ITATKerala Governor Arif Md Khan swaps slots with Bihar Governor Rajendra Arlekar + Former Home Secy Ajay Bhalla goes to Manipur as GovernorI-T - Assessee must be given opportunity to produce documents which apparently prove genuineness of all loans received from alleged dummy companies: ITATAzerbaijan Airlines plane crashes with 72 pax in Kazakhstan; At least 28 surviveI-T - AO cannot make addition u/s 68 if nature & source of deposit is duly explained: ITATNFRA imposes fine of Rs 2 Crore on Deloitte for serious discrepancies in Zee AuditI-T - Cultivation and sale of white button mushroom is to be treated as agriculture activity resulting in agriculture income, exempted u/s 10(1): ITATKhel Ratna controversy deepens with players voicing concerns against exclusionCX - Where assessee reverses entire CENVAT credit amount used for both dutiable & exemption products, before adjudication process, then provisions of Rule 6(3) of CCR 2004 will not apply: CESTATUnion Minister Rajiv Ranjan Singh says NDA to fight Bihar polls under Nitish Kumar leadershipST - Cenvat credit in respect of Outdoor catering, repair and maintenance & insurance services is allowed where these services are availed in respect of assessee's own business: CESTATIran revokes ban on Google Play and WhatsAppST - Demands based on statements taken under Section 9D of Central Excise Act 1944, which were later retracted, are not tenable: CESTATRussian cargo ship goes down after blast in MediterraneanST - Activity of packing bulk packs into retail packs amounts to manufacture; activity amounting to manufacture will not attract Service Tax levy: CESTATJPC on One Nation one Election to meet on Jan 8
 
DRI's investigative insights instrumental in addressing gaps in policy making: CBIC Chairman

By TIOL News Service

NEW DELHI, DEC 05, 2024: SANJAY Malhotra, Secretary, Department of Revenue, Ministry of Finance, inaugurated the 67th Foundation Day celebrations of the Directorate of Revenue Intelligence (DRI) - the apex anti-smuggling agency of the Central Board of Indirect Taxes & Customs (CBIC) - in New Delhi, yesterday.

Sanjay Kumar Agarwal, Chairman, CBIC; Shashank Priya, Member, CBIC; and Mohan Kumar Singh, Member and Principal Director General, DRI, were also present on the dais on the occasion, besides retired and serving senior officials of CBIC and other Indian Law Enforcement Agencies. The inauguration was also attended by delegates from 13 foreign customs administration and other multilateral agencies.

In his address on the occasion, Malhotra congratulated the DRI on its 67th Founding Day and underlined that drug trafficking is not merely a law enforcement issue but a grave social challenge confronting the youth of the country. Malhotra commended DRI for its relentless pursuit in dismantling drug syndicates that threaten the well-being of the nation's future and stressed upon the need to apprehend the masterminds and the main kingpins of crime. The Revenue Secretary noted the contribution of DRI in tackling wildlife smuggling specially after its recent empowerment under the Wildlife Life Protection Act.

Malhotra emphasised the importance of continuous technological advancement and urged DRI to embrace and integrate cutting-edge technologies such as Machine Learning (ML) and Artificial Intelligence (AI) in its operations to enhance detection and enforcement capabilities. While acknowledging the vital role of DRI in revenue generation, Malhotra emphasised the need for DRI to maintain a balance between the enforcement actions and unhindered legitimate trade for broader economic interests of the country.

In his address on the occasion, lauding the intelligence and investigative insights of DRI, Sanjay Kumar Agarwal said that these have been instrumental in identifying and addressing gaps in policy making.

While appreciating the contributions and the tireless efforts of DRI officers, the CBIC Chairman exhorted the DRI officials to further increase the technical and human capacity of DRI to overcome the ever-increasing usage of technology by criminals.

Earlier, in his welcome address, Mohan Kumar Singh presented the highlights of DRI's achievements and contributions in the previous year in combatting drug trafficking, gold and wildlife smuggling, commercial frauds and other transnational crimes.

The Smuggling in India Report 2023-24 and the DRI Bulletin for the period April-September 2024 highlighting the trends in Smuggling and Commercial Frauds were released. Commendation certificates were presented to officers who have made exceptional contributions to the work and mission of DRI.

The inaugural event was followed by the 9 th edition of the Regional Customs Enforcement Meeting which saw participation from 13 countries and two international agencies i.e. UNODC and INCB. Various ways aimed at enhancing international cooperation to tackle the menace of smuggling were deliberated upon during the meeting.


POST YOUR COMMENTS
   

TIOL Tube Latest

TIOL Tube
Conferment of TIOL Awards 2024. The event was held on October 1, 2024 at Taj Palace, New Delhi

TOP NEWS


AR not Afar by SK Rahman

VISION 360



Technical Session I - Ease of Doing Business: GST on Digital Economy

TII LATEST

TIOLCORPLAWS LATEST