Custom Duty Articles, News, Notification and Circular

  • Mar
  • 04
  • 2013

Norms for Execution of Bank Guarantee in respect of Advance Authorization, DFIA, EPCG Schemes – reg.

Added In Custom Duty
Circular No.  08 / 2013-Customs  New Delhi, the 4th March, 2013 Subject : Norms for Execution of  Bank Guarantee in respect of  Advance Authorization (AA) / Duty  Free Import Authorization (DFIA) / Export Promotion Capital Goods (EPCG)  Schemes – reg. The undersigned is directed to invite reference to Circular No. 58/2004-Cus dated 21.10.2004 on the above subject. This was amended by Cir. Nos.17/2009-Cus and 32/2009-Cus. [...]

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  • Mar
  • 03
  • 2013

Budget 2013-14- Many Concessions in Customs Duty

Added In Custom Duty
MANY CONCESSIONS IN CUSTOMS DUTY ANNOUNCED DUTY ON CERTAIN MACHINERY FOR MANUFACTURE OF LEATHER AND LEATHER GOODS REDUCED DUTY ON PRE-FORMS OF PRECIOUS AND SEMI-PRECIOUS STONES DRASTICALLY CUT HOWEVER, TO ENCOURAGE DOMESTIC PRODUCTION DUTY ON SET TOP BOXES DOUBLED; DUTY ON RAW SILK TRIPLED CUSTOMS DUTY ON IMPORTED LUXERY GOODS SUCH AS HIGH END MOTOR [...]

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  • Mar
  • 01
  • 2013

Amendment under SAFTA -Notification No.27/2013 – Customs (N. T.) Dated 01.03.2013

Added In Custom Duty
 Notification No. 27/2013 – Customs (N.T.) , New Delhi, the 1st March, 2013 GSR     (E).— In exercise of the powers conferred by sub-section (1) of section 5 of the Customs Tariff Act, 1975 (51 of 1975), the Central Government hereby makes the following rules to amend the Determination of Origin of Goods under the [...]

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  • Mar
  • 01
  • 2013

Notification No.26/2013 – Customs (N. T.) Dated 1st March, 2013

Added In Custom Duty
Notification No.26 /2013 – Customs (N. T.) New Delhi, 1st March, 2013 S.O. … (E).– In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise & Customs, being satisfied that it is necessary and expedient so to do, hereby makes [...]

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  • Feb
  • 28
  • 2013

Budget 2013-14 – Changes in custom duty Rates & and Baggage Rules

Added In Custom Duty
8.1 The basic customs duty (BCD) on hazel nuts is being reduced from 30% to 10%. Notification No.12/2012-Customs, dated 1st March, 2012 as amended by notification No. 12/2013-Customs, dated 1st March, 2013 refers. S. No. 23A contains the changes.

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  • Feb
  • 28
  • 2013

Amendment in Custom Duty by Budget 2013-14

Added In Custom Duty
Proposals involving changes in rates of duty I. AGRICULTURE/AGRO PROCESSING/PLANTATION SECTOR: 1) Basic customs duty on dehulled oat grain is being reduced from 30% to 15%. 2) Basic customs duty on hazel nuts is being reduced from 30% to 10%. 3) Export duty of 10% on de-oiled rice bran oil cake is being withdrawn.

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  • Feb
  • 28
  • 2013

Notification No. 25/2013-Customs (N.T.), Dated 1st March, 2013

Added In Custom Duty
Notification No. 25/2013-Customs (N.T.), dated 01-03-2013 seeks to further amend notification No. 30/98-Customs (N.T.), dated 2nd June, 1998, so as to raise the value limit of Jewellery allowed duty free to an Indian passengers who has been residing abroad for more than one year.

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  • Feb
  • 28
  • 2013

Notification No.15/2013-Customs – Dated –1st March, 2013

Added In Custom Duty
Seeks to amend notification No.27/2011-Customs, dated the 1st March, 2011, so as to specify effective rates of export duty on specified goods. NOTIFICATION No. 15/2013-Customs -  New Delhi, the 1st March, 2013  G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the [...]

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  • Feb
  • 28
  • 2013

Notification No. 14/2013-Customs – Dated 1st March, 2013

Added In Custom Duty
Seeks to amend notification No. 146/94-Customs, dated the 13th July, 1994, so as to exempt ‘Trophy’ when imported into India by the National Sports Federation or any other registered sports body, for being awarded to the winning team in the international tournament to be held in India.

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  • Feb
  • 28
  • 2013

Notification No. 13/2013-Customs – Dated – 1st March, 2013

Added In Custom Duty
Seeks to rescind the notifications No. 19/2012-Customs, dated the 17th March, 2012, and No. 20/2012-Customs, dated the 17th March, 2012 NOTIFICATION No. 13/2013-Customs New Delhi, the 1st March, 2013 G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) read with sub-section (1) [...]

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