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Central Board of Indirect Taxes and Customs (CBIC) has recently issued Notification Notification 69/2019-Customs (N.T.) dated 01 October 2019. Please find below brief of the update for your reference. This notification has been issued to issue new regulation namely “Manufacture and Other Operations in Warehouse (no. 2) Regu...
Read MoreAEO is a voluntary programme. It enables Indian Customs to enhance and streamline cargo security through close cooperation with the principle stakeholders of the international supply chain viz. importers, exporters, logistics providers, custodians or terminal operators, custom brokers and warehouse operators. The Circular 33/2016 – Cust...
Read MoreAbout AEO AEO is a program under the aegis of the World Customs Organization (WCO) SAFE Framework of Standards to secure and facilitate Global Trade. The programs aim is to enhance international supply chain security and facilitate movement of legitimate goods. AEO is a voluntary compliance program. It enables Indian Customs to enhance an...
Read MoreCBIC has taken various steps which have had the impact of reducing the dwell time as well as bringing down the logistics cost of EXIM clearances. One of the flagship initiatives in this regard has been the Direct Port Delivery (DPD) of containers to the importers thus obviating the need of routing the clearance through […]...
Read MoreChanges in Budget â™ Changes in Customs tariff ( Rates) -Make in India theme -Reduction in duty on raw materials -Increase in duty on finished goods â™ Significant Changes in Legislative Changes in Customs Act, 1962 â™ Changes in Customs tariff Act, 1975 Budgetary Changes Customs Duty Rates Customs Tariff: Notification No. 6/2018-Custo...
Read MoreCentral Board of Indirect Taxes and Customs has launched a revamped and streamlined programme to attract investments into India and strengthen Make in India through manufacture and other operations under bond scheme, under Customs Act, 1962. Section 65 of the Customs Act, 1962 enables conduct of manufacture and other operations in a cus...
Read MoreThe Central Bureau of Investigation has arrested an Appraising officer, Duty Drawback Section, Air Cargo Complex, Mumbai for demanding and accepting a bribe of Rs.10,000/- from the complainant....
Read MoreGovernment of India compulsorily retires 15 Senior Officers of the Indian Revenue Service (C &CE) with immediate effect In exercise of the powers conferred by Clause (j) of Rule 56 of the Fundamental Rules, the President of India has retired 15 officers of Indian Revenue Service (IRS)(C&CE) in public interest with immediate effe...
Read MoreCentral Bureau of Investigation CBI Arrests Preventive Officer of Customs in an On-Going Investigation of A Disproportionate Assets Case, and Recovers Rs.1,18,50,000/- The Central Bureau of Investigation has arrested a Preventive Officer of Customs, Goa in an on-going investigation of disproportionate assets case. His father (private pers...
Read MoreCustoms Brokers’ Examination GUIDELINES FOR THE CANDIDATES (Please refer Regulation 6 of Customs Brokers Licensing Regulations, 2018) A. Admit Card and Mock Test: A dummy Question paper for the purpose of awareness of candidates will be made available on the CBIC and NACIN websites under the icon/tab <GSTP/CBLR Exam>. A link to do...
Read MoreITC Limited Vs Commissioner of Central Excise (Supreme Court of India) - ITC Limited Vs Commissioner of Central Excise (Supreme Court) As the order of self Âassessment is nonetheless an assessment order passed under the Act, obviously it would be appealable by any person aggrieved thereby. The expression ‘Any person’ is of wider amplitude. The revenue, as well a...
Read MoreSikodh Mahto Vs. State (Delhi High Court) - The HonÂÂ'ble High Court of Delhi vide Judgment dated 6th June, 2019 passed in Crl. A. No.660/2017 titled Sikodh Mahto vs. State and in Crl No.698/2017 titled Prabhu Mahto vs. State while quashing the order passed by Ld. Additional Sessions Judge, acquitted the appellants in case involving a...
Read MoreGillette India Ltd. Vs Commissioner of Customs & Ors. (Delhi High Court) - Under Sections 125 read with Section 126 of the Customs Act, 1962 where the redemption fine in lieu of confiscation is not paid within the time stipulated, the Central Government is entitled to retain the excess auction sale proceeds of the confiscated goods, after adjustment of the duty, penalty, i...
Read MoreM/s. Ansar & Co. Vs Commissioner of Customs (Imp-II) (CESTAT Mumbai) - The assessee should have been put to Notice and a reasonable opportunity should have been given for representing their case. While the same was not done, jumping straight way to coercive measures was certainly uncalled for. Therefore, Interest collected being without authority of Law needs to be ref...
Read MoreUnion of India & Ors. Vs Ms. Make My Trip (India) Pvt. Ltd. (Supreme Court) - Union of India & Ors. Vs Ms. Make My Trip (India) Pvt. Ltd. (Supreme Court) The issue is as to whether the power of arrest under Section 91 of the Finance Act, 1994 can be exercised without following the procedure as set out in Section 73A(3) and (4) of the said Act. The High Court […]...
Read MoreNotification No. 58/2019-Customs (N.T./CAA/DRI) - (21/10/2019) - Regarding Appointment of CAA by DGRIÂ vide Notification No. 58/2019-Customs (N.T./CAA/DRI) dated the 21st October, 2019. Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Directorate of Revenue Intelligence Notification No. 58/2019-Customs (...
Read MoreNotification No. 77/2019- Customs (N.T.) [S.O. 3753(E)] - (18/10/2019) - Road from Nongjri (Barapunji), East Khasi Hills District, Meghalaya, to Kalairag (Bangladesh) between BP No. 1251/11-S-12-S GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 77/2019- Customs (N.T.) New Delhi, the 18th October, 2019 26 Aswina, Saka 1941 S.O. 3753(E). â€...
Read MoreNotification No. 76/2019-Customs (N.T.) - (17/10/2019) - Customs Rate of Exchange of Foreign Currency Conversion w.e.f. 18th October, 2019 notified vide Notification No. 76/2019–Customs (N.T.) dated 17thOctober, 2019. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) ***** Notification No. 76/2...
Read MoreNotification No. 57/2019-Customs (N.T./CAA/DRI) [S.O. 3724(E)] - (16/10/2019) - Appointment of CAA by DGRI – Notification No. 57/2019-Customs (N.T./CAA/DRI), Dated: 16.10.2019 Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Directorate of Revenue Intelligence Notification No. 57/2019-Customs (N.T./CAA/DRI) New De...
Read MoreNotification No. 75/2019-Customs (N.T.) - (15/10/2019) - Tariff Notification No. 75/2019-Customs (N.T.) in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver- Reg Government of India Ministry of Finance (Department of Revenue) (Central Board of Indirect Taxes and Customs) Notification No. 75/2019-CUSTO...
Read MoreNotification No. 58/2019-Customs (N.T./CAA/DRI) - (21/10/2019) -
Notification No. 77/2019- Customs (N.T.) [S.O. 3753(E)] - (18/10/2019) -
Notification No. 76/2019-Customs (N.T.) - (17/10/2019) -
Notification No. 57/2019-Customs (N.T./CAA/DRI) [S.O. 3724(E)] - (16/10/2019) -
Notification No. 75/2019-Customs (N.T.) - (15/10/2019) -
Notification No. 40/2019-Customs (ADD) [G.S.R. 786 (E)] - (16/10/2019) -
Notification No. 56/2019-Customs (N.T./CAA/DRI) [S.O. 3718(E)] - (16/10/2019) -
Instruction No. 04/2019-Customs - (11/10/2019) -
