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Introduction Rate of duty and Tariff Valuation in case of Import and export of Goods is determined on the basis of Rate applicable on the Relevant date, which has been discussed below. 1. Date of determination of Rate of duty and tariff valuation of Imported Goods [Section 15 of Customs Act, 1962] Relevant date for […]...
Read MorePrincipal Notification No. 02/2019 – Customs Dated: 29th January, 2019. Amendment Notifications: notification No.57/2017-Customs, dated the 30th June, 2017 and notification No. 75/2018 -Customs, dated the 11th October, 2018 Effective Date: 30th January 2019 Sl. No. Heading Description of services Rate Conditions Old Amendment Old ...
Read More1. Pre-import condition (i.e. import first and then export) was inserted in Notification No. 18/2015 – Customs (as condition no. (xii)) as well as Notification No. 20/2015 – Customs (as condition no. (xiii)) vide Notification No. 79/2017 – Customs dated 13-10-2017. Said condition was required to be met if IGST exemption was claimed...
Read MoreGovernment is giving focus on EOU Scheme and therefore EOU Scheme has been liberalized. There is no requirement of warehousing and also procedural matter has been simplified. Domestic procurement for EOU is kept at par with domestic unit and EOU units are allowed to import duty free by following the procedure under Import of Concessional ...
Read MoreRapid identification technologies have led to a better handling of raw materials / inputs and finished products in the Supply Chain. In the past few years Radio Frequency Identification (RFID) has grown to be one of the most popular technologies in the area of identification systems and today it’s a disruptive technology in Asset Iden...
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 MoreComputer based Examination under Regulation 6 of the Customs Brokers Licensing Regulations, 2018 (As Amended); The Examination to be conducted on 15th March, 2019 at designated Examination Centers across India...
Read MoreRationalization of customs duty and procedures to give boost to ‘Make in India’ initiative RFID technology to be used to improve export logistics The Government has undertaken rationalization of customs duties and procedures to promote the “Make in India” initiative. While presenting the Interim Budget 2019-20 in Parli...
Read MoreUnited States has imposed global tariff of 25% and 10% in March, 2018 on certain steel and aluminium products, respectively, under Section 232 of US Trade Expansion Act of 1962. India took up this issue at World Trade Organisation (WTO) as it considers these additional duties to be non-compliant with WTO provisions. ...
Read MoreUnder section 14 of the Customs Act, 1962, Central Board of Indirect Taxes and Customs (CBIC) notifies the rate of exchange for the purpose of conversion of foreign exchange to Indian Rupees and vice versa for assessment of imports & exports....
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 MoreCommissioner of Central Excise, Customs & Service Tax Vs M/s Mideast Integrated Steels Ltd. (CESTAT Hyderabad) - Order sanctioning refund by the first appellate authority (FAA) was upheld after rectifying the clerical/ arithmetical mistakes in the shipping bills....
Read MoreHLPL Global Logistics Pvt. Ltd. Vs CC, New Delhi (CESTAT Delhi) - HLPL Global Logistics Pvt. Ltd. Vs CC, New Delhi (CESTAT Delhi) We are in agreement with the finding of the ld. Adjudicating authority that CHA helps not properly verified the functioning of the client from at the declared address by using reliable independent and authenticate documents. This was a ...
Read MoreDixons Cargo Consolidators Pvt. Ltd. Vs Commissioner of Customs (High Court Bombay) - Dixons Cargo Consolidators Pvt. Ltd. Vs Commissioner Of Customs (High Court Bombay) The impugned orders passed by the Tribunal in excise appeals before us relate to and arise out of disputes relating to manufacture of excisable goods which have taken place at Nagpur. Therefore, the Excise Appeal No...
Read MoreNotification No. 32/2019-Customs (N.T.) - (18/04/2019) - Customs Rate of Exchange of Foreign Currency Conversion wef 19th April, 2019 notified vide Notification No. 32/2019–Customs (N.T.) dated 18th April, 2019....
Read MoreNotification No. 19/2019-Customs (ADD) [G.S.R. 309(E)] - (16/04/2019) - Seeks to rescind anti-dumping duty notification No. 39/2018-Customs (ADD) dated 20.08.2018, in pursuance with sunset review final findings issued by the DGTR. GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE Notification No. 19/2019-Customs (ADD) New Delhi, the 16th April, 2019 G.S.R. 3...
Read MoreNotification No. 31/2019-Customs (N.T.) [S.O. 1594(E)] - (15/04/2019) - Tariff Notification No. 31/2019-Customs (N.T.) dated 15th April, 2019 in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver – Reg. Government of India Ministry of Finance (Department of Revenue) (Central Board of Indirect Taxes and Customs)...
Read MoreNotification No. 12/2019-Customs - (11/04/2019) - CBIC amends notification No. 39/96-Customs dated 23.07.1996 so as to extend the exemption provided to the Light Combat Aircraft Programme of the Ministry of Defence till 31.06.2019 vide Notification No. 12/2019-Customs Dated 11th April, 2019. GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Re...
Read MoreNotification No. 18/2019-Customs (ADD) - (10/04/2019) - Notification No. 18/2019-Customs (ADD)- Seeks to amend notification No. 23/2013-Customs(ADD), dated the 10th October, 2013 to extend the anti-dumping duty on ductile iron pipes originating in, or exported from China PR till 9th May, 2019. GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenu...
Read MoreNotification No. 32/2019-Customs (N.T.) - (18/04/2019) -
Notification No. 19/2019-Customs (ADD) [G.S.R. 309(E)] - (16/04/2019) -
Notification No. 31/2019-Customs (N.T.) [S.O. 1594(E)] - (15/04/2019) -
M/s. Ansar & Co. Vs Commissioner of Customs (Imp-II) (CESTAT Mumbai) -
Notification No. 12/2019-Customs - (11/04/2019) -
Notification No. 18/2019-Customs (ADD) - (10/04/2019) -
Circular No. 11/2019-Customs - (09/04/2019) -
Notification No. 17/2019-Customs (ADD) [G.S.R. 296(E)] - (09/04/2019) -
Notification No. 16/2019-Customs (ADD) [G.S.R. 295(E)] - (09/04/2019) -
Notification No. 30/2019-Customs (N.T.) - (04/04/2019) -
