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Increase in limits for investment by FPIs in CG Securities and SDLs

March 31, 2017 540 Views 0 comment Print

The limits for investment by FPIs in Central Government Securities and State Development Loans (SDLs) for the quarter April-June 2017 are proposed to be increased by Rs. 110 billion and Rs. 60 billion respectively.

CBEC notifies foreign post offices for clearance of import / export goods

March 31, 2017 1836 Views 0 comment Print

CBEC hereby appoints the post offices mentioned in column (3) of the Table below, situated in the State or, as the case may be, the Union territory, specified in the corresponding entry in column (2) of the said Table, to be foreign post offices for the purposes of clearance of imported goods or export goods.

Notification No. 30/2017-Customs (N.T.), Dated: 31.03.2017

March 31, 2017 2811 Views 0 comment Print

In exercise of the powers conferred by clauses (b) and (c) of sub-section (1) of section 7 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue)

Deferred Payment of Import Duty (Amendment) Rules, 2017

March 31, 2017 5331 Views 0 comment Print

1. (1) These rules may be called the Deferred Payment of Import Duty (Amendment) Rules, 2017. (2) They shall come into force on the date of their publication in the Official Gazette.

Govt releases draft Right to Information Rules, 2017 for comments

March 31, 2017 1104 Views 0 comment Print

A proposal for making Rules under RTI i.e. RTI Rules, 2017 in supersession of RTI Rules, 2012-by the Central Government under section 27 of the RTI Act, 2005, is under consideration of the Department of Personnel & Training.

Bill of Entry (Forms) Amendment Regulations, 2017

March 31, 2017 6273 Views 0 comment Print

Regulation 4. (1) The importer or a person authorised by him who has a valid licence under the Customs Broker Licensing Regulations, 2013, shall present the bill of entry before the end of the next day following the day (excluding holidays) on which the aircraft or vessel or vehicle carrying the goods arrives at a customs station at which such goods are to be cleared for home consumption or warehousing.

Bill of Entry (Electronic Integrated Declaration) Amendment Regulations, 2017

March 31, 2017 3897 Views 0 comment Print

1. (1) These regulations may be called the Bill of Entry (Electronic Integrated Declaration) Amendment Regulations, 2017. (2) They shall come into force on the date of their publication in the Official Gazette.

Notification No. 25/2017-Customs (N.T.), Dated: 31.03.2017

March 31, 2017 8307 Views 0 comment Print

CBEC makes following further amendments in notification No. 40/2012-Customs (N.T.), dated 2nd May, 2012- In the said notification, in the Table, in column (3) against serial number 2, for the existing item (i), the following item shall be substituted, namely:- (i) Second proviso to sub-sections (3), and (5) of section 46; and.

DGFT extends MEIS benefit for ‘Onions Fresh or Chilled’

March 31, 2017 540 Views 0 comment Print

The Merchandise Exports from India Scheme (MEIS) benefit for export of ‘Onions Fresh or Chilled’ under ITC (HS) code 07031010 is extended up to 30.06. 2017.

Handling of Cargo in Customs Areas (Amendment) Regulations, 2017

March 31, 2017 1050 Views 0 comment Print

Provide information regarding arrival of the imported goods to the Deputy Commissioner or Assistant Commissioner of Customs immediately on arrival of said goods in the customs area and also information about their departure after the clearance thereof

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