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Government of India through the Central Board of Indirect Taxes and Customs (CBIC) has announced a scheme of Customs Bonded manufacturing cum warehousing commonly known as MOOWR i.e. Manufacturing and other operations in a Warehouse....
Read MoreManufacture and Other Operations in Customs Warehouse Frequently Asked Questions Central Board of Indirect Taxes and Customs (CBIC) has launched a revamped and streamlined program to attract investments into India and strengthen Make in India. This program is based upon Section 65 of the Customs Act, 1962, which enables conduct of manufac...
Read MoreQ: What is eSanchit application? The Central Board of Indirect Taxes & Customs (CBIC) has launched eSanchit (e-Storage and Computerized Handling of Indirect Tax documents) for paperless processing, uploading of supporting documents and to facilitate the trading across Borders. It has already been made available to importers and export...
Read MoreSection 26 of the Customs Act, 1962 prescribes provision for refund of export duty, Section 26A of the Customs Act, 1962 deals with refund of import duty in certain cases and Section 27 of the Customs Act, 1962 prescribes claim for refund of duty in case of excess payment duty on importation. The relevant provisions […]...
Read MoreTwo major reforms for reduction in Physical Interface and enhancing Ease of Doing Business Electronic Transmission of Out of Charge copy of Bill of Entry (eOoC) Electronic Transmission of E- Gate pass (eGatepass) *This presentation is only for training purposes – For details please refer to CBIC Circular No. 19/2020-Cus dated 13.04....
Read MoreIn Bond Manufacturing offers deferred import duty on both capital goods as well as raw material or inputs used in bonded manufacturing. The import duty gets remitted if the finished goods are exported. However, if the finished goods are cleared in the domestic market, the import duty on raw material used becomes payable, but without any b...
Read MoreThe Central Board of Indirect Taxes & Customs (‘CBIC’) has taken several measures to facilitate and expedite the custom clearance processes contact-less, face-less and hurdle-less. Now, the CBIC, in order to do the paper-less clearances, has launched digitally signed shipping bills and e-gatepass vide Circular No.30/2020-Customs a...
Read MoreShri Ajit Kumar, Chairman, Central Board of Indirect Taxes and Customs (CBIC) here yesterday unveiled a Secure QR coded Shipping Bill that would be electronically sent to exporters after the Customs allows export. This eliminates in one stroke the requirement of the exporters having to approach the Customs officers for proof of export. Th...
Read MoreThe written Customs Brokers Examination, 2020 was conducted on 06.03.2020 at designated centers across India. In terms of Regulation 6(2) of CBLR, 2018 the list of candidates who have passed the written examination is as follows:...
Read MoreNotice calling for suggestions, views, comments etc. from stakeholders on Faceless e-Assessment for imported goods The general public and the trade at large are hereby informed that CBIC is planning to launch Faceless e-Assessment for imported goods. A detailed Concept Paper on Faceless e-Assessment is enclosed. All members of the trade/ ...
Read MoreCreative Peripherals & Distribution Ltd Vs Commissioner of Customs (CESTAT Mumbai) - whether assessing officer is correct in rejecting the benefit of Basic Customs Duty exemption claimed by the appellant on the import of ‘GoPro HERO5 Black’ Action Camera?...
Read MoreRuchi Soya Industries Limited Vs Union of India (Madras High Court) - The issue under consideration is whether the petitioner is liable for the refund for the excess amount of duty paid under customs as per the amended section 25 of Customs Act?...
Read MoreBharat Tissues Pvt. Ltd. Vs C.C. (CESTAT Bangalore) - Penalty under Section 114A and other penal provisions cannot be invoked when the goods were permitted to be cleared by the officers. However, the Revenue will be free to recover duty along with interest in terms of the Notification....
Read MoreAhamed Gani Natchiar Vs Commissioner of Customs (CESTAT Chennai) - CESTAT directs Customs Authorities to return confiscated gold to Foreign National- lack of evidence and flimsy investigation by the authorities. Held that in the absence of 'intent to conceal' cannot be construed as smuggled....
Read MoreAdditional Director General (Adjudication) Vs Its My Name Pvt Ltd (Delhi High Court) - Tribunal's power and jurisdiction of hearing an appeal against an order of provisional release was coequal with the power exercised by the adjudicating authority. Tribunal had the power to direct provisional release of gold jewellery, seized as well as to fix the terms....
Read MoreNotification No. 32/2020–Customs [G.S.R. 494(E)] - (07/08/2020) - CBIC amends notification No. 50/2017-Customs dated 30th June, 2017 so as to exempt goods for Kudankulam Nuclear Power Project (KKNPP) Units- 5 and 6 (1000 MW x 2) vide Notification No. 32/2020–Customs dated 7th August, 2020 MINISTRY OF FINANCE (Department of Revenue) Notification No. 32/2020–Cus...
Read MoreNotification No. 70/2020-Customs (N.T.) [S.O. 2649(E)] - (07/08/2020) - Tariff Notification No. 70/2020-Customs (N.T.), Dated: 07.08.2020 in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 70/2000-CUSTOMS (N....
Read MoreCase No: CVD-OI-05/2019 - (07/08/2020) - Case No: CVD-OI-05/2019 Preliminary Findings in the anti-subsidy investigation concerning imports of Flat Products of Stainless Steel from Indonesia....
Read MoreNotification No. 69/2020 - Customs (N.T.) - (06/08/2020) - CBIC notifies Rate of Exchange of Foreign Currencies against India Rupees wef 07.08.2020 vide Notification No. 69/2020-Customs (N.T.), Dated: 6th August, 2020. Government Of India Ministry Of Finance (Department Of Revenue) (Central Board Of Indirect Taxes And Customs) ***** Notification No. 69/2020...
Read MoreNotification No. 68/2020-Customs (N.T.) [S.O. 2645(E)] - (06/08/2020) - Tariff Notification No. 68/2020-Customs (N.T.), Dated : 06.08.2020 in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver- Reg MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 68/2020-Custo...
Read MoreNotification No. 32/2020–Customs [G.S.R. 494(E)] - (07/08/2020) -
Notification No. 70/2020-Customs (N.T.) [S.O. 2649(E)] - (07/08/2020) -
Case No: CVD-OI-05/2019 - (07/08/2020) -
Notification No. 69/2020 - Customs (N.T.) - (06/08/2020) -
Notification No. 68/2020-Customs (N.T.) [S.O. 2645(E)] - (06/08/2020) -
Case No. (SSR) 16/2019 - (06/08/2020) -
OI CASE No: 17/2019 - (05/08/2020) -
Case No. AD-MT R-08/2020 - (05/08/2020) -
