It has been brought to the notice of the Board that presently the containers which are subjected to Green Channel facility are also moved to the Customs area from Ports for the purpose of examination. It has been suggested that importers should be allowed to clear the Green Channel containers directly from the ports without transhipping the same to the Customs area.
The Board is considering to give impetus to the electronic filing of documents specially to those Custom House Agents, Exporters and Importers who clear goods themselves. The filing of documents through ICEGATE needs to be encouraged to those who have significant workload in terms of number of documents to be filed. The Indian Customs is gearing up to accept the global challenge and expected to be fully computerized in a few years and hence there is need to move forward towards e-filing progressively.
It has been brought to the notice of Board that significant time is taken by the importers for payment of duty after the Bill of Entry is assessed. This increases overall dwell time for cargo clearance as well as straining our infrastructure at customs ports. As a step to reduce the time gap between assessment and payment of duty, the Board has decided to introduce a system of disincentive.
I am directed to invite your attention to Board’s Circular No. 110/2003-Cus, dated 22.12.2003 and Ministry’s letter issued vide F.No.450/108/2004-CUS-IV dated 31.12.04. The intention of these prevailing instructions is to ensure that that the filing of import manifest is not unnecessarily delayed.
Public Notice 59/2004-09 details updates to Appendix-28 in the Foreign Trade Handbook, adding new entities for testing services and correcting existing entries.
In exercise of powers conferred under paragraph 2.1 of the Foreign Trade Policy, 2004-09 the Director General of Foreign Trade hereby announces All Industry Rate of Duty Drawback of Rs. 1300/- per MT for furnace oil supplied by domestic oil companies to EOU/SEZ units under various schemes as contained in Chapters 6, 7 and 8 of the Foreign Trade Policy until further orders.
In exercise of powers conferred by the sub-clause (v ) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the Institution at Dharamsthala, Dharamsthala, D.K. Dist. Karnataka for the purpose of the said sub-clause for the assessment year 2003-2004 to 2005-2006 subject to the following conditions
In exercise of powers conferred by the sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the Ramakrishna Mission, Belur Math, Howrah, West Bengal for the purpose of the said sub-clause for the assessment year 2006-2007 to 2008-2009 subject to the following conditions
In exercise of powers conferred by the sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the Ramakrishna Math, Belur Math, Howrah, West Bengal for the purpose of the said sub-clause for the assessment year 2006-2007 to 2008-2009 subject to the following conditions
One time exemption will be applicable for a period of 6 months from the date of issue of Notification No. 28, dated 07.03.05 and the exporter shall surrender the unshipped quantity to the Chief Wildlife Wardens of the respective State after expiry of this period.
