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,...
GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF EXCISE AND CUSTOMS) Notification No. 118/2016-Customs (N.T.) New Delhi, 31st August, 2016 S.O. 2822(E) – In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise & Customs, being […]
It has been represented to the Board that for calculation of insurance amount and Bond amount under HCCAR, dwell time for clearance of imported goods and transit time for export goods should be taken in to account. It has been brought to the notice of the Board that CCSPs are being asked to give bond and insurance for an amount equal to the average value of goods likely to be stored, in 30 days, in the Customs area based on the projected capacity.
Erstwhile Rule 100 H of Central Excise Rules, 1944 which specifically prohibited EOU’s from availing Modvat Credit of Inputs / Capital Goods under Rule 57A and 57Q. But consequent to supersession of Central Excise Rules, 1944 by Central Excise Rules, 2002 there is no provision similar to Rule 100 H of CER, 1944 which prohibits the EOU from availing Cenvat Credit of Inputs/ Capital Goods.
Earlier, Central Government vide Circular No. 4/2011-Cus dt. 10.1.2011 prescribed comprehensive guidelines on safety and security of premises where imported or export goods are loaded, unloaded, handled or stored. It has been specifically provided that imported goods or export goods which are hazardous in nature shall be stored at the approved premises of the customs […]
The Board had earlier received a number of requests from the trade for equitable and wider participation of cooperative societies which are duly registered with the State/Central Government authorities and not to make a particular body monopolistic, in sourcing the confiscated goods being disposed of by the department.
The main objective of the scheme is to provide for remission of State Levies in addition to the Duty Drawback Scheme, through the Scheme for Rebate of State levies on Export of Garments on an average basis only.
Central Board of Excise and Customs hereby makes the following amendments in the Notification of the Central Board of Excise and Customs No. 112/2016-CUSTOMS (N.T.), dated 18th August, 2016, with effect from 27th August, 2016, namely:-
Regarding appointment of CAA by M/s Nagarjuna Oil Corporation Ltd, Chennai-In compliance with the directions of Hon’ble CESTAT’s Final Order No. 41672-41675/2015 dated 11.11.2015, remanding the matter for de novo proceedings, passed in 4 appeals
Provided that the condition of furnishing of bank guarantee shall not be applicable to ports notified under the Major Ports Act, 1962 (38 of 1963) or to the Central Government or State Governments or their undertakings or to the customs cargo service provider authorised under Authorised Economic Operator Programme
Port of Visakhapatnam, Gangavaram port, Visakhapatnam International Airport, Container Freight Station at Bayyavaram Village, Kasimkota Mandal, Visakhapatnam District, Visakhapatnam, Special Economic Zone and the areas under the Greater Visakhapatnam Muncipal Corporation of Visakhapatnam in the state of Andhra Pradesh
