Custom Duty news

Draft Courier Imports and Exports (Electronic Declaration and Processing) Regulations, 2017

Stakeholder consultation/comments are invited on Draft Courier Imports and Exports (Electronic Declaration and Processing) Regulations, 2017 for electronic clearances along with proposed electronic forms, namely,new Form Courier Bill of Entry-XII (CBE-XII), new Form Courier Bill of Entry-XIII (CBE-XIII), new Form Courier Bill of Entry-XIV...

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Posted Under: Custom Duty |

Draft Bill of Entry (Forms) Amendment Regulations, 2017.

Stakeholder consultation/comments are invited on draft notification for amendment to Bill of Entry(Forms) Regulations, 1976 for Non-EDI locations or for Manual clearance along with New Form I, New Form II & New Form III for manual Bill of Entry incorporating provisions for IGST....

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Posted Under: Custom Duty |

Draft Shipping Bill and Bill of Export (Forms) Regulations, 2017

Stakeholder consultation/comments are invited on Draft Shipping Bill & Bill of Export regulations for Non-EDI locations or for Manual clearance and proposed Manual Shipping Bills Forms- SB I, SB II, SB III & SB IV....

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Posted Under: Custom Duty |

CBI Arrests central Excise official in Gold Theft case

CBI Arrests a Superintendent of central Excise in an on-going Investigation of a Case Relating to Theft of Gold from Custom's Godown at IGI Airport...

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Posted Under: Custom Duty |

Cabinet approves Agreement between India and Tajikistan on Cooperation and Mutual Assistance in Customs Matters

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for signing and ratifying, an Agreement between India and Tajikistan on Cooperation and Mutual Assistance in Customs Matters....

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Then Deputy Commissioner of Customs Jailed and Fined

The investigation revealed that Shri K.S. Chandrasekhar while working as Deputy Commissioner of Customs, Air Cargo Complex, Nedumbassery Airport, Ernakulam entered into a criminal conspiracy with Shri Raju Mathew & Shri George Bastin, Partners of M/s Mars Cargo Agencies, Cochin and favoured M/s Mars Cargo Agencies without any public inter...

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Posted Under: Custom Duty |

CBI arrests superintendent of customs in separate in bribery case

CBI has arrested Superintendent of Customs, ICD, Patli, District, Gurgaon (Haryana) and a private person while demanding & accepting bribe of Rs. 25,000/-....

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DRI seized 41 kgs gold smuggled into India from Bangladesh

One person possessing 14 kgs smuggled gold valued at Rs. 4.1 Crore has been intercepted and arrested on 02/03 April by DRI at Nager Bazaar near Dumdum Railway Station in Kolkata. ...

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CAG detects systemic & internal control deficiencies in Custom

Report No.1 of 2017 – Union Government (Indirect Taxes – Customs)

Report No.1 of 2017 – Union Government (Indirect Taxes – Customs) has 101 paragraphs with revenue implication of Rs. 495 crore and two subject specific compliance paragraphs of Rs. 568 crore. In addition systemic and internal control deficiencies involving revenue of Rs. 6430 crore have been included in the report....

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Posted Under: Custom Duty |

Download Taxation Laws (Amendment) Bill, 2017 As introduced in Lok Sabha

THE TAXATION LAWS (AMENDMENT) BILL, 2017 A BILL further to amend the Customs Act, 1962, the Customs Tariff Act, 1975, the Central Excise Act, 1944, the Finance Act, 2001 and the Finance Act, 2005 and to repeal certain enactments....

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Posted Under: Custom Duty |
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