Custom Duty Meaning, Calculators, Rules, exemptions Articles Notification, Circulars, Recent Changes, Duty Drawback Rates, Custom Rates, Anti-Dumping Duty
Custom Duty : Instead of a formal signature, some documents are marked with S/d- (an abbreviation for signed) as a form of attestation. This rai...
Custom Duty : Excessive credit card spending may attract tax notices. Learn how to manage credit card transactions to avoid scrutiny and ensure ...
Custom Duty : Explore the jurisdictional conflicts in recovery proceedings under Customs Act Section 28AAA and FTDR Act, highlighting key issues...
Custom Duty : Comprehensive review of Indian 2024 Budget reforms on Customs & GST, highlighting impacts on manufacturing, exports, and tax admin...
Custom Duty : Discover the key changes in customs and excise duties proposed in the Union Budget 2024-25, including updated rates and legislativ...
Custom Duty : Government seeks suggestions on mandatory qualifiers in import/export declarations for synthetic diamonds to improve identificatio...
Custom Duty : Discover key amendments in Customs duties and tariff rates effective July 2024, including changes in Basic Customs Duty, Health Ce...
Custom Duty : Ministry of Finance unveils reforms in customs duties to support manufacturing, boost exports, and simplify taxation. Includes exe...
Custom Duty : CBI arrests Customs Superintendent at Sahar Airport, Mumbai for accepting Rs 80,000 bribe to clear an imported consignment. Invest...
Custom Duty : Explore the API integration between ICEGATE and IECs/CBs, its impact on document filing efficiency, challenges addressed, and futu...
Custom Duty : Delhi HC reduces pre-deposit requirement for Shubh Impexs appeal in customs duty dispute over imported goods classification....
Custom Duty : CESTAT Delhi held that imposition of penalty and revocation of customs broker license justified as customs broker abetted the ille...
Custom Duty : Rajasthan High Court orders adjudicating authority to reconsider the dual classification of Aerosol Valves under Customs Tariff He...
Custom Duty : Customs brokers must perform their duties with diligence, they should not be held responsible for penalties arising from misdeclar...
Custom Duty : CESTAT Chennai rejection of refund claim merely for non-mentioning of period particulars in CA’s certificate unjustifiable as re...
Custom Duty : The CBIC revises customs tariff values for crude and refined oils, brass scrap, gold, silver, and areca nuts effective August 15, ...
Custom Duty : Chennai Customs introduces ERAM on ICEGATE for automated exchange rate publication, effective from 4th July 2024. Access rates onl...
Custom Duty : Notification 53/2024 updates tariff values for edible oils, brass scrap, gold, silver, and areca nuts. Effective from August 1, 20...
Custom Duty : The Ministry of Finance has updated Customs Notification No. 50/2017 with a 10% BCD on laboratory chemicals. New rules apply from ...
Custom Duty : Learn about the new regulations for amending import documents under Section 149 of the Customs Act, 1962. Understand the timeline,...
The Export Promotion Board has examined the request of the trade that transhipment of containers of export cargo may be allowed at gateway ports like Chennai and JNPT, whereby goods which are customs cleared for shipment in small ports would be transhipped by coastal vessels to the gateway ports from where they would be sent on foreign voyage by foreign-going vessels. Similarly, on return
in the matter of import of Acrylonitrile-butadiene rubber (hereinafter referred to as NBR) falling under subleading No.4002.59 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), originating in, or exported from, Japan, the Designated Authority vide its final findings, published in the Gazette of Inida, Extraordinary, Part I, Section 1, dated the 19th October, 1995 and come to the conclusion.
The revised EXIM Policy, 1997-2002 & corresponding Hand Book of Procedures (HOP), incorporating amendments in the policy upto 31-3-99, comes into force from 1st April 1999. The amendments made in the Chapter-9 of the EXIM Policy and Handbook of Procedures and agreed to, by our Department have necessitated amendments in notifications, governing standalone 100% EOUs
Ministry of Health and Family Welfare, New Delhi have brought to the notice of Board that some imported consignment of food articles have been cleared by Customs without getting the samples analysed in terms of PFA, Act, 1954. As clearance of imported food articles without analysis may involve the risk of entry of adulterated/contaminated food articles into the country, they have requested
I am directed to invite your kind attention on the above subject. As you are aware, the present system of pre-shipment inspection of certain silk goods entails submission of an application with a sample swatch to the CSB Certification Centre by the exporters. This is followed by testing of the sample swatch by CSB to the determine the composition and silk contents. Then an inspection at the
Under the SS No. 63.061 of the Drawback Table, the entry which was “All Other Made Ups when Modvat facility has not been availed” remains the same as it was in the last year”s Table of 1998-99. However, while amending the drawback rate vide Notification 14/99 dated 8.2.99, inadvertently the entry was referred to as “All Other Made Ups” only. It may be clarified that the said entry in the new
The Ministry have announced the new All Industry Rates of Drawback vide Notification No. 31/99-Customs (N.T.) dated 20.5.99. These rates will come into effect from 1.6.99. Till such time, the existing rates of drawback will continue to apply. A copy of the Press Note issued is enclosed highlighting the important changes made in the Drawback Table, which are as under
Representations have been received from various exports organisations regarding delay in processing and settlement of drawback claims at various Customs locations
Representations from Trade Associations and references from the field offices have been received n the Board to extent various facilities under DEPB Scheme to additional Customs Stations
A reference has been received from filed formations that under the provisions of the Customs Act, 1962, a period of 5 years has been provided for issue of Show Cause Notices in cases involving fraud/collusion/wilful mis-statement or suppression of facts. The Circular No. 69/97-Cus. dated 8.12.97 issued by the Board does not purport to restrict the statutory provisions of the Customs Act, wherever
