Custom Duty news

Draft Customs Brokers Licensing and Revocation Regulations, 2017

Notification No. ___/2017-Customs (N.T.)

CBEC released on 19th August 2017- Draft Customs Brokers Licensing and Revocation Regulations, 2017 which will be apply on approval to shall apply to a Customs Broker who has been licensed under these regulations or regulations preceding thereto and also such other persons who have been employed or engaged by the said Customs Broker unde...

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Posted Under: Custom Duty |

ROSL Scroll generation has been activated

Temporary ROSL Scroll of smaller amounts (10-15 Cr.) to be generated, so that rejections, if any, does not affect major number of SBs / Exporters. One Scroll may be generated for every week starting after last ROSL scroll generation date, latest till May 2017. Drawback Officers to be directed to complete the entire process for a week's fi...

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Posted Under: Custom Duty |

Govt imposes 10% BCD on mobile phone and specified parts

With effect from 01.07.2017 Government imposes levy of 10% basic customs duty (BCD) on cellular mobile phone, specified parts thereof and certain electronic goods....

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Posted Under: Custom Duty |

Draft Courier Imports and Exports (Electronic Declaration and Processing) Regulations, 2017

Stakeholder consultation/comments are invited on Draft Courier Imports and Exports (Electronic Declaration and Processing) Regulations, 2017 for electronic clearances along with proposed electronic forms, namely,new Form Courier Bill of Entry-XII (CBE-XII), new Form Courier Bill of Entry-XIII (CBE-XIII), new Form Courier Bill of Entry-XIV...

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Posted Under: Custom Duty |

Draft Bill of Entry (Forms) Amendment Regulations, 2017.

Stakeholder consultation/comments are invited on draft notification for amendment to Bill of Entry(Forms) Regulations, 1976 for Non-EDI locations or for Manual clearance along with New Form I, New Form II & New Form III for manual Bill of Entry incorporating provisions for IGST....

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Posted Under: Custom Duty |

Draft Shipping Bill and Bill of Export (Forms) Regulations, 2017

Stakeholder consultation/comments are invited on Draft Shipping Bill & Bill of Export regulations for Non-EDI locations or for Manual clearance and proposed Manual Shipping Bills Forms- SB I, SB II, SB III & SB IV....

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Posted Under: Custom Duty |

CBI Arrests central Excise official in Gold Theft case

CBI Arrests a Superintendent of central Excise in an on-going Investigation of a Case Relating to Theft of Gold from Custom's Godown at IGI Airport...

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Posted Under: Custom Duty |

Cabinet approves Agreement between India and Tajikistan on Cooperation and Mutual Assistance in Customs Matters

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for signing and ratifying, an Agreement between India and Tajikistan on Cooperation and Mutual Assistance in Customs Matters....

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Posted Under: Custom Duty |

Then Deputy Commissioner of Customs Jailed and Fined

The investigation revealed that Shri K.S. Chandrasekhar while working as Deputy Commissioner of Customs, Air Cargo Complex, Nedumbassery Airport, Ernakulam entered into a criminal conspiracy with Shri Raju Mathew & Shri George Bastin, Partners of M/s Mars Cargo Agencies, Cochin and favoured M/s Mars Cargo Agencies without any public inter...

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Posted Under: Custom Duty |

CBI arrests superintendent of customs in separate in bribery case

CBI has arrested Superintendent of Customs, ICD, Patli, District, Gurgaon (Haryana) and a private person while demanding & accepting bribe of Rs. 25,000/-....

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Posted Under: Custom Duty |
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