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Introduction of Risk Management System (RMS) in Imports

November 24, 2005 14632 Views 0 comment Print

Board has decided to introduce the ‘Risk Management System’ (RMS) in major Customs locations where the Indian Customs EDI System (ICES) is operational. The implementation of the RMS is one of the most significant steps in the ongoing Business Process Re-engineering initiatives of the Customs and Central Excise Department.

Automation of movement of containerized cargo from Gateway Ports to hinterland ports -SMTP

November 24, 2005 1288 Views 0 comment Print

Presently the automated transshipment module is implemented between JNPT and ICD Tughlakabad. Detailed transshipment procedure is being worked out by the Directorate of Systems and will be circulated to all automated custom locations for informing the trade before implementation.

Transhipment of import and export cargo-waiver of bank guarantee

November 24, 2005 2749 Views 0 comment Print

It has been brought to the knowledge of Board that that the present exemption for bank guarantee should be reexamined and extended to all agencies-ICDs/CFSs/carriers undertaking transhipment of cargo, so that cargo could be moved faster from ports and congestion avoided in ports.

Delayed, incomplete or incorrect filing of Import Manifest or Import Report

November 24, 2005 1495 Views 0 comment Print

The Board’s Circular No. 13/2005-Cus, dated 11.03.2005 should be read as amended to the above extent. The above instructions may be brought to the notice of the Trade immediately through appropriate Public Notice.

Introduction of Accredited Clients Programme (ACP)-regarding-

November 24, 2005 13378 Views 0 comment Print

Whether any business was owned by the importer in the past, if so previous PAN, IE Code, Central Excise Registration Number, with all details including address, telephone number, fax no, Email Address.

Notification No.250/2005 – Income Tax Dated 23/11/2005

November 23, 2005 525 Views 0 comment Print

Notification No.250/2005 – Income Tax It is hereby notified for general information that the organization Sri A.M.M. Murugappa Chettiar Research Centre, Taramani, Chennai – 600113 has been approved by the Central Government for the purpose of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, read with Rule 6 of the Income-tax Rules, 1962 for the period from 1-4-2001 to 31-3-2004 under the

Amends Notification No. 12/1997-Customs (N.T) dated: 02.04.1997

November 21, 2005 523 Views 0 comment Print

The principal notification was published vide number G.S.R. 193(E), dated the 2nd April, 1997 and subsequently amended vide number G.S.R. 353 (E), dated the 6th June, 2005.

Temporary suspension of Pre-shipment Inspection (PSI) Agencies listed under Appendix-V of the Handbook of Procedures

November 21, 2005 391 Views 0 comment Print

The Trade and Industry is hereby informed that certificates issued by these agencies will not be accepted by Customs till a final decision is taken in the matter. However, consignment of metallic scrap where the Bill of Lading is 1st December and where certificates have been issued by these agencies will be cleared by Customs with 100% inspection in terms of Custom Circular No. 56 dated 18.10.2004.

MVAT: Trade Circular No. 37T of 2005, Dated: 19.11.2005

November 19, 2005 2395 Views 0 comment Print

Issuance of Fresh Registration Certificates and Taxpayer Identification Number (TIN) to the existing dealers under VAT, CST, Luxury Tax Acts and Maharashtra Tax on the Entry of Goods into Local Areas Act, 2002.

Notification No. 102/2005-Customs Duty (N.T.), Dated; 18.11.2005

November 18, 2005 442 Views 0 comment Print

Files, rasps, pliers (including cutting pliers), pincers, tweezers, metal cutting shears, pipe-cutters, bolt croppers, perforating punches and similar hand tools

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