Filter Posts

Reset
Found 211 Results

Unprecedented tax reforms by Indian Customs

INDIAN CUSTOMS- UNPRECEDENTED TAX REFORM- Enhanced Ease of Doing Business- Indian Customs has taken a series of measures to simplify Customs processes and procedures during the last few years....

Read More
Posted Under: Custom Duty |

CBI Arrests an Assistant Commissioner of Customs in a Bribery Case

The Central Bureau of Investigation has arrested an Assistant Commissioner of Customs, Air Cargo Complex, Andheri, Mumbai for demanding & accepting a bribe of Rs.2000/- from the complainant. A case was registered against an Assistant Commissioner of Customs and an Appraiser, Air Cargo Complex, U/s 120-B of IPC and Section 7 of PC Act,...

Read More
Posted Under: Custom Duty |

CBI arrests 19, including customs officials for bribery & smuggling

The Central Bureau of Investigation has arrested 19 accused (6 Customs official & 13 private persons) including an Assistant Commissioner, Superintendents, Inspectors, private persons(including Sri Lankan Nationals) in a case related to alleged bribery and smuggling of goods....

Read More
Posted Under: Income Tax |

Anti-dumping Duty on import of Specified Stainless Steel Products

Anti-dumping Duty on the import of Specified Stainless Steel Products for providing relief to the Domestic Steel Industry The Government has imposed Anti- Dumping Duties on imports of specified Stainless-Steel Products vide: i. Notification No 61/2015- Customs (ADD) dated 11.12.2015 on imports of Cold Rolled Flat Products of Stainless Ste...

Read More
Posted Under: Custom Duty |

Custom dept. proposes simplified procedures for exports through India Post

Customs and Postal Department hold First ever Joint Conference to deliberate on streamlining imports and exports by post; To cater to the SMEs and to boost the Make in India program, Customs Department proposes new simplified procedures for exports through India Post. Customs Department proposes new simplified procedures for exports throu...

Read More
Posted Under: Custom Duty |

CBI arrests 4 Deputy Commissioners & one Custom Superintendent

The Central Bureau of Investigation has arrested four Deputy Commissioners and one Superintendent, all from Customs Department, Mumbai and a private person (CHA) in an alleged bribery case....

Read More
Posted Under: Custom Duty |

DRI busts Diesel Smuggling racket

Release ID: 152981 (21/04/2018)

DRI busts Diesel Smuggling racket; 14 containers of diesel seized and 4 persons, including the Mastermind and one Hawala Operator, arrested under the Customs Act 1962....

Read More
Posted Under: Custom Duty |

CBEC renamed central board of indirect taxes and customs (CBIC)

With the enactment of the Finance Act, 2018, CBEC is renamed as the Central Board of Indirect Taxes and Customs (CBIC). The change was necessitated due to enactment of the Goods and Services Tax (GST) which has consolidated the multiple Indirect Taxes into one tax....

Read More
Posted Under: Custom Duty |

Custom Department Appraiser and Wife Convicted in DA Case

The Special Judge, CBI cases, Chennai has sentenced Shri D.Ramani, then Appraiser, Air Customs Department, Chennai to undergo two years Rigorous Imprisonment in a disproportionate assets case. His wife Smt. R. Vijayalakshmi and other person Sh. Adikesavulu were sentenced to undergo one year RI. A total fine of Rs. 2 lakh was imposed on th...

Read More
Posted Under: Custom Duty |

Substantial reduction in documents required for import & export

As per twitter handle of CBEC there is Substantial reduction in documents required for import & export has expedited the clearance process and contributed in  ease of doing business in India. 1. only three documents mandatory for general import and exports. 2. Packing list and commercial invoice merged into a single document for Cust...

Read More
Posted Under: Custom Duty |

Featured Posts