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CBIC introduces flagship Liberalised Authorised Economic Operator Package for MSMEs

CBIC has taken a new initiative to introduce its flagship Liberalised MSME AEO Package for Micro Small and Medium Enterprises (MSMEs)....

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Posted Under: Custom Duty |

Cabinet approves Industrial Corridor nodes at Krishnapatnam & Tumakuru under CBIC

Cabinet approves Industrial Corridor nodes at Krishnapatnam and Tumakuru under CBIC. Multi Modal Logistics Hub & Multi Modal Transport Hub (MMTH) at Greater Noida also approved. ...

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Posted Under: Custom Duty |

Beware of Free gifts & huge discounts!

Beware of Free gifts & huge discounts! Indian Customs never calls or send message for paying duty in a personal bank account. All communication from Indian Customs contain a Document Identification Number (DIN) which can be verified online. SCAM ALERT One Girl:- Be wary of such messages, this is a scam Second Girl :- Lucky me! [&hell...

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Posted Under: Custom Duty |

Beware of Random Lottery Prize!

Beware of Random Lottery Prize! Indian Customs never calls or send message for paying duty in a personal bank account. All communication from Indian Customs contain a Document Identification Number (DIN) which can be verified online. SCAM ALERT One Person :- Hey, I’ve won first prize in a random lottery! I Just need to pay Customs ...

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Posted Under: Custom Duty |

Beware of fake matrimonial alliances!

Beware of fake matrimonial alliances! Indian Customs never calls or send message for paying duty in a personal bank account. All communication from Indian Customs contain a Document Identification Number (DIN) which can be verified online. SCAM ALERT Matrimonial Dating Scam! MATRIMONIAL MATCH BEWARE OF SUCH SCAMS! DON’T FALL PREY TO...

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Posted Under: Custom Duty |

4 Years Imprisonment To 2 Customs Official in A Bribery Case

The special Judge for CBI Cases, Bangalore has sentenced Shri Srinivas Prasad then Superintendent of Customs to undergo four years simple Imprisonment with fine of Rs.30,000/- and Shri Lourdu Prabhu then Hawaldar to undergo four years simple imprisonment with fine of Rs.15,000/- in a bribery case....

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Posted Under: Custom Duty |

CBI Arrests A Deputy Commissioner & A Superintendent of Customs

CBI Arrests Four Accused Including A Deputy Commissioner of Customs; A Superintendent & Private Persons In An on-Going Investigation of Two Separate Cases...

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Posted Under: Custom Duty |

Detection of evasion of customs duty by exporter on export of Iron Ore Fines

On the basis of specific intelligence, under the direction of the Commissioner of Customs (Preventive), Bhubaneswar Shri Debashish Sahu, investigation was initiated and relevant business premises of Exporter and Customs House Agent at various places was searched....

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Posted Under: Custom Duty |

Clarification on Iron Ore Exports

Export policy restriction put in 1998 only for KIOCL: On 21.01.1998, vide Notification, a specific entry was added in the export policy regarding “Iron Ore pellets manufactured by Kudremukh Iron Ore Company Limited (KIOCL) out of concentrates produced by it”. Thus, the export policy was regard to only Iron Ore pellets manufactured b...

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Posted Under: DGFT |

Implementation of CAROTAR, 2020 WEF 21.09.2020

The Customs (Administration of Rules of Origin under Trade Agreements) Rules, 2020 (CAROTAR, 2020), notified on 21st August, 2020, shall come into force from 21st September, 2020 upon completion of the 30 day period that was given to importers and other stakeholders to familiarize themselves with new provisions....

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Posted Under: Custom Duty |