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In This Article, We Will analyse various Provisions of Custom Laws in context to ‘Custom Bonded Warehousing, Warehousing/bonded movement under the Custom Act 1962, Provisional Assessment of duty, Claim of refund of customs duty, Procedures of clearance of goods for Home consumption, warehousing bond, Manufacture and other operation ...
Read MoreAmount deposited during the pendency of the appeals before the Hon’ble Supreme Court has to be construed as having paid under protest and has to be refunded without insisting on such importer or manufacturer satisfying the requirement of unjust enrichment as in the case of pre deposit....
Read MoreThe last budgetary changes, one leap ahead on the path of ease of doing business, has brought much needed respite to the importer of recovered waste paper by switching over from tedious practice of submission of utilization certificates in the form of End Use Certificates to trust based and self-regulated compliance. In this expatiation b...
Read MoreIn last budget proposals, Clause 115(1) of the Finance Bill,2021 has introduced Agriculture Infrastructure and Development Cess (in short ‘AIDC’) on the goods specified in the first schedule to Customs Tariff Act, 1975 on being imported into India. Further, in clause wise explanation in the Memorandum, it has been clarified ...
Read MoreArticle explains Changes in Custom duty proposed/carried out by Union Budget 2021 and explains Amendment in the Custom Act, 1962, Amendments in Customs Tariff Act, 1975, Amendments In First Schedule To Customs Tariff Act, 1975, Changes In Customs Rules, Other Proposals Involving Changes In Basic Customs Duty Rates In Respective Notificati...
Read MoreMinistry of Finance Central Revenues Control Laboratory gets recognised as a Regional Customs Laboratory (RCL) of the World Customs Organisation Posted On: 02 MAR 2021 Central Revenues Control Laboratory (CRCL), New Delhi, under the Central Board of Indirect Taxes & Customs, was today recognized as a Regional Customs Laboratory (RCL) ...
Read MoreThe Central Bureau of Investigation has arrested an Assistant Commissioner and a Superintendent, both of Customs Department, Mumbai in an alleged bribery case....
Read MoreCBIC has extended the time limit for sanction of pending IGST refunds in such cases where records have not been transmitted to ICEGATE due to GSTR1 and GSTR3B mismatch error....
Read MoreReduction of import duty on copper scrap from 5% to 2.5% announced in Union Budget 2021-22 to boost recycling of copper in the country. This will have social, environmental and economic benefits and also has employment generation potential....
Read MoreIt was further alleged that the private persons in connivance with 02 then Superintendents of Customs, had indulged in smuggling of gold chains, gold bars and other goods in commercial quantities running into crores of rupees through SVP International Airport, Ahmadabad....
Read MoreHanil Automotive India Pvt.Ltd. Vs Commissioner of Customs-III (CESTAT Chennai) - Hanil Automotive India Pvt.Ltd. Vs Commissioner of Customs-III (CESTAT Chennai) The CESTAT Chennai has held that the declared prices cannot be reviewed without any evidence to the effect that the relation between the appellant and the foreign supplier has influenced the declared price or to the effe...
Read MoreTranspeed Logistics Pvt. Ltd. Vs Commissioner of Customs (CESTAT Delhi) - Transpeed Logistics Pvt. Ltd. Vs Commissioner of Customs (CESTAT Delhi) Regulation 10(n) of Customs Brokers Licensing Regulations, 2018 requires the Customs Broker to verify the correctness of Importer/Exporter Code Number, Service Tax Identification Number, identity card of the client and functioni...
Read MoreCommissioner of Customs (Prev.) Vs Anutham Exim Private Limited (CESTAT Kolkata) - The goods imported by assessee, such as, Big Cola, Big Orange Cola, Big Lemon etc., which they described as 'carbonated beverage with fruit juice' were neither carbonated beverage alone nor fruit juice alone gave the essential character of the products in question; both contribute to its essential c...
Read MoreAsian Organo Industries Vs Principal Commissoner of Customs (High Court Gujarat) - Asian Organo Industries Vs Principal Commissioner of Customs (High Court Gujarat) The writ applicant claims that it is eligible for the IGST refund claim on the basis of the shipping bills i.e. on the export of goods. According to the writ applicant, the shipping bills filed by an exporter of the go...
Read MoreSeahorse Ship Agencies Pvt. Ltd. Vs Union of India (High Court of Kerala) - If assessee calculated Light Dues in respect of the Vessel correctly and remitted the correct amount, then Section 19 of the Act, 1927 could not be resorted to withhold an erroneous double payment or dual payment made by a citizen due to a system error or failure. The State was not expected to get...
Read MoreNotification No. 12/2021-Customs (ADD) [G.S.R. 153(E).] - (05/03/2021) - Seeks To Impose Anti-Dumping Duty On Imports Of ‘Black Toner In Powder Form’ Originating In Or Exported From China PR, Malaysia, And Chinese Teipei For A Period of 5 Years From The Date of Imposition of Provisional ADD, I.E. From 10th August 2020. MINISTRY OF FINANCE (Department of Reven...
Read MoreCase No. SSR-AD-03/2021 (Corrigendum) - (05/03/2021) - Case No. SSR-AD-03/2021 - Corrigendum to initiation notification issued in Sunset review anti-dumping investigation concerning imports of Viscose Staple Fibre originating in or exported from China PR and Indonesia....
Read MoreNotification No. 27/2021- Customs (N.T.) - (05/03/2021) - Notification in relation to Land Customs Stations and routes ‘the river route as per the Protocol on Inland Water Transit and Trade between India and Bangladesh connecting Tribeni (Bandel) in India to Bangladesh’ by amendment of Principal Notification No. 63/1994-Customs (N.T.) dated 21s...
Read MoreNotification No. 26/2021 - Customs (N.T.) - (04/03/2021) - CBIC notifies Rate of Exchange of Foreign Currencies against India Rupees wef 5th March, 2021, vide Notification No. 26/2021-Customs (N.T.), Dated: 4th March, 2021. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) ***** Notification No. 26...
Read MoreF. No.6/13/2019-DGTR - (03/03/2021) - NOTIFICATION CORRIGENDUM Final Finding in Countervailing Duty/Anti-subsidy investigation concerning imports of Textured Tempered Glass whether Coated or Uncoated from Malaysia....
Read MoreNotification No. 12/2021-Customs (ADD) [G.S.R. 153(E).] - (05/03/2021) -
Case No. SSR-AD-03/2021 (Corrigendum) - (05/03/2021) -
Hanil Automotive India Pvt.Ltd. Vs Commissioner of Customs-III (CESTAT Chennai) -
Notification No. 27/2021- Customs (N.T.) - (05/03/2021) -
Notification No. 26/2021 - Customs (N.T.) - (04/03/2021) -
F. No.6/13/2019-DGTR - (03/03/2021) -
Case No. NSR-01/2020 - (04/03/2021) -
Notification No. 11/2021-Customs (ADD) - (03/03/2021) -
Case No.- AD-SSR 27/2020 - (02/03/2021) -
