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Archive: 03 February 2023

Posts in 03 February 2023

Provisional Assessment under Customs Act, 1962

February 3, 2023 14229 Views 0 comment Print

This blog post offers a detailed overview of provisional assessment under Customs Act, 1962 for importers or exporters. Depositing bond, reassessment and more are discussed here.

Customs Valuation under Customs Act, 1962

February 3, 2023 40644 Views 0 comment Print

Understand Customs Valuation under Customs Act, 1962 with this guide. Learn how to determine Customs duties rates with this comprehensive overview.

Classification/Assessment of Projects Imports, Baggage and Postal Imports

February 3, 2023 1581 Views 0 comment Print

Understand the classification & assessment of project imports, baggage & postal imports in India. Duty rate uniformity & faster clearance are the advantages. Get more info here!

Classification of Goods under Customs Tariff Act, 1975

February 3, 2023 14781 Views 0 comment Print

Easily classify goods with the Customs Tariff Act, 1975. Understand how WCOs Harmonized System is applied and export/import goods chargeable to duty.

Arrival of Conveyances and Related Procedures under Customs

February 3, 2023 3552 Views 0 comment Print

Find out the arrival of conveyances to Customs ports and procedures under Customs Act. Know about the Customs control on imports and exports and how it is manifested.

Procedure for Clearance of Imported and Export Goods

February 3, 2023 18663 Views 1 comment Print

Clearance of imported and export goods – Learn the procedure to comply with Customs clearance formalities, ensuring correct declarations made with reference to documents and information for verification.

Overview of Customs Functions under Customs Act, 1962

February 3, 2023 11757 Views 0 comment Print

Customs functions cover substantial areas of activities involving international passengers, general public, importers, exporters, traders, custodians, manufacturers, carriers, port and airport authorities, postal authorities and various other government and semi-government agencies, banks etc.

Clarity on Standard Deduction as proposed in Union Budget 2023

February 3, 2023 19707 Views 1 comment Print

Under the new Union Budget 2023, salaried taxpayers will now get the benefit of Standard Deduction of Rs.50000. Get clarity on this tax deduction proposed by Honorable Finance Minister Smt. Nirmala Sitharaman Ji now!

Section 83 of CGST Act: Provisional attachment to protect revenue in certain cases

February 3, 2023 4134 Views 2 comments Print

Learn about Section 83 of the CGST Act and its use to protect revenue in certain cases. Find out if assets of partners are covered under this provision and more.

HC rejects pre-arrest bail – Production of fraudulent documents & NOC while obtaining GST registration

February 3, 2023 1062 Views 0 comment Print

Bal Mukund Vaishnav Vs State of Maharashtra (Bombay High Court) The allegation in the present case is not merely that the applicant has evaded payment of tax or falsified financial records or produce fake accounts or furnished any false information with an intention to evade payment of tax. The allegation is that the applicant has produced […]

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