"16 November 2012" Archive

Amends Customs House Agents Licensing Regulations, 2004

Notification No. 105/2012-Customs (N.T.) (16/11/2012)

Notification No. 105/2012 - Customs (N.T.) Provided that licence granted to a Customs House Agent, authorized under the Authorised Economic Operator Programme, shall be valid till such time the authorization granted to the Customs House Agent under the Authorised Economic Operator Programme is valid....

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Amends Handling of Cargo in Customs Areas Regulations, 2009

Notification No. 104/2012-Customs (N.T.) (16/11/2012)

Notification No. 104/2012 - Customs (N.T.) Provided that the condition of furnishing of bank guarantee or cash deposit shall not be applicable to ports notified under the Major Ports Act, 1962 (38 of 1963) or to the Central Government or State Governments or their undertakings or to the Customs Cargo Service provider authorised under Aut...

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Appointment of Common Adjudicating Authority

Notification No. 103/2012-Customs (N.T.) (16/11/2012)

S.O. (E). - In exercise of the powers conferred by sub-section (1) of section 5 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and C...

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Notification No. 102/2012-Customs (N.T.) Dated 16/11/2012

Notification No. 102/2012-Customs (N.T.) (16/11/2012)

S.O. (E). - In exercise of the powers conferred by sub-section (1) of section 5 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby imposes the Additional Commissioner or Joint Commissioner of Customs (Import), Custom House, Kandla, to exercise the powers and discharge the duties as adjudicating author...

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Notification No.101/2012-Customs (N.T.) Dated 16/11/2012

Notification No.101/2012-Customs (N.T.) (16/11/2012)

S.O. (E). - In exercise of the powers conferred by sub-section (1) of section 5 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby imposes the Joint Commissioner or Additional Commissioner of Customs, Inland Container Depot, Tughlakabad, New De...

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Notification No.100/2012-Customs (N.T.) Dated 16/11/2012

Notification No.100/2012-Customs (N.T.) (16/11/2012)

S.O. (E). - In exercise of the powers conferred by sub-section (1) of section 5 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby imposes the Joint Commissioner or Additional Commissioner of Customs, Custom House, Ahmedabad, to exercise the powers and discharge the duties as a common adjudicating autho...

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Revised Guidelines for Authorized Economic Operator (AEO) programme for implementation

Circular No. 28/2012-Custom Duty (16/11/2012)

Attention is invited to Board's Circular No. 37/2011- Cus., dated 23.08.2011 which gives details on the 'Authorized Economic Operator' (AEO) Programme . The said Circular contains the salient features of the AEO Programme including the processing, validations and certification of AEOs. It also indicated Board's decision to initially begin...

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Addition based on mere AIR not justified when income declared far exceeds the income shown in AIR

Shri S. Ganesh vs. ACIT (ITAT Mumbai),

Tribunal held that in the absence of any material brought by the revenue authorities that the assessee has received amount more than the professional fees which has been declared by him in the P&L account and when the professional income declared by the assessee far exceeds the professional fees shown in the AIR information, then additio...

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Rate of exchange of conversion of each of foreign currency WEF 17.11.2012

Notification No. 99/2012-Customs (N.T.) (16/11/2012)

Notification No. 99/2012 - Customs (N.T.) Central Board of Excise and Customs hereby determines that the rate of exchange of conversion of each of the foreign currency specified in column (2) of each of Schedule I and Schedule II annexed hereto into Indian currency or vice versa shall, with effect from 17th November, 2012 be the rate men...

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Authorized Economic Operator (AEO) programme for implementation — Revised Guidelines

Circular No. 28/2012-Custom Duty (16/11/2012)

Circular No. 28/2012-Customs - Attention is invited to Board’s Circular No. 37/2011- Cus., dated 23.08.2011 which gives details on the ‘Authorized Economic Operator’ ( AEO) Programme . The said Circular contains the salient features of the AEO Programme including the processing, validations and certification of AEOs. It also indicat...

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