"December, 2016" Archive

Notification No. 68/2016-Customs Dated 31st December, 2016

Notification No. 68/2016-Customs (31/12/2016)

(i) against serial number 1, in column (2), ‑ (a) after entry 5703 30 the entry 5704 20shall be inserted; (b) for entry 8469 00 10, the entry 8472 90 91shall be substituted; (c) for entry 8473 50 00, the entries 8473 500 (except parts of heading 8472 90 91 to 8472 90 95) shall be substituted;...

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CBEC amends 18 Custom Duty Notifications

Notification No. 67/2016-Customs (31/12/2016)

CBEC amends Notification No. 105/1999-Customs, Notification 26/2000—Customs, Notification 85/2004‑ Customs, Notification 73/2005-Customs, Notification 10/2008-Customs, Notification 96/2008 ,Customs, Notification 57/2009 Customs, Notification 12/2012 Customs, Notification 75/2005-Customs, Notification 74/2005-Customs , Notification 28...

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Duty concessions on import from Korea RP under CEPA

Notification No. 66/2016–Customs (31/12/2010)

deeper tariff concessions in respect of specified goods imported from Korea RP under the India-Korea Comprehensive Economic Partnership Agreement (CEPA) w.e.f. 01.01.2017 and to carry out editorial changes as a result of HS 2017 changes....

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Duty concessions on import from Malaysia under IMCECA

Notification No. 65/2016–Customs (31/12/2016)

Deeper tariff concessions in respect of specified goods imported from Malaysia under the India-Malaysia Comprehensive Economic Cooperation Agreement (IMCECA) w.e.f. 01.01.2016 and to carry out editorial changes as a result of HS 2017 changes. ...

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Duty concession on import of Motor car engine / Gear Box & Parts under IJCEPA

Notification No. 64/2016–Customs (31/12/2016)

concessional rate of basic customs duty in respect of tariff item 8408 20 20 [engines of a kind used for the propulsion of specified motor vehicles – of cylinder capacity exceeding 250 cc] and 8708 40 00 [gear box and parts thereof, of specified motor vehicles], w.e.f. 1st of January, 2017, when imported under the India-Japan Comprehens...

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Tariff concessions on import under India-ASEAN Free Trade Agreement

Notification No. 63/2016 - Customs (31/12/2016)

Seeks to amend notification No. 46/2011-Customs dated 01.06.2011 so as to provide deeper tariff concessions in respect of specified goods when imported from ASEAN under the India-ASEAN Free Trade Agreement w.e.f. 01.01.2017 and to carry out editorial changes as a result of HS 2017 changes....

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Withdraw BCD exemption, available to specified fabrics

Notification No. 62/2016-Customs (31/12/2016)

Seeks to withdraw BCD exemption, available to specified fabrics, of value equivalent to 1% of the FOB value of exports in preceding financial year ...

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Exchange of old notes for those who were out of India B/W 10.11.2016 to 30.12.2016

RBI/2016-17/205 DCM (Plg) No.2170 /10.27.00/2016-17 (31/12/2016)

A facility for exchange of SBNs is made available for the resident and non-resident citizens who could not avail the facility from November 10 to December 30, 2016 on account of their absence from India during the aforementioned period....

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Declaration to be filled up by NRIs for depositing Specified Bank Notes

Circular No. 60/2016-Customs (31/12/2016)

For the period from up to 31.3 17 or 30.6.17, as applicable, a declaration form will need to be filled by resident Indians and Non-resident Indians coming to India and carrying SBNs for depositing these SBNs in the specified offices of RBI in India....

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Notification No. 50/2016- Central Excise (N.T.), Dated: 31.12.2016

Notification No. 50/2016- Central Excise (N.T.) (31/12/2016)

(i) against serial number 51, for the entries in column (2), the entries 3824 99 24 or 3824 99 90 shall be substituted; (ii) against serial number 58, for the entries in column (3), the entries Unglazed Vitrified Tiles (whether polished or not) or Glazed Tiles shall be substituted;...

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