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345
Results
Exemption of Customs Duty On Life Saving Drugs
TG Team
20 Dec 2016
0 comment
Department of Revenue had withdrawn custom duty exemption in case of 76 drugs where sufficient indigenous capacity was available and bulk of the requirement was being met from indigenous sources....
Posted Under:
Custom Duty
|
News
DRI seizes 85.58 lakhs Cigarette sticks declared as packing material
TG Team
20 Dec 2016
0 comment
DRI seizes 85.58 lakhs Cigarette sticks of foreign origin (Indonesian) with a market value of about Rs. 10 crore at ICD Tughlaqabad...
Posted Under:
Custom Duty
|
News
Reduction of import duty on wheat, potatoes & crude palm oil
TG Team
17 Dec 2016
0 comment
Central Government reduced import duty on wheat, potatoes and crude palm oil , to stabilize prices of these commodities in country ...
Posted Under:
Custom Duty
|
News
Govt not imposed higher import duty on Silk import
editor
05 Dec 2016
0 comment
Representations were received from the Confederation of Indian Textile Industry (CITI) and from the Federation of India Art Silk Weaving Industry (FIASWI), inter alia, to increase customs duty on import of fabrics, in general, from 10% to 20%....
Posted Under:
Custom Duty
|
News
Measures to Impose higher import duty on steel imports
editor
05 Dec 2016
0 comment
(a) whether the Government has received any representation seeking imposition of higher import duty on steel imports; (b) if so, the details thereof and the reasons therefor; and (c) the action taken by the Government thereon?...
Posted Under:
Custom Duty
|
News
CBEC reduces/ eliminates print-outs for customs clearance
TG Team
28 Nov 2016
0 comment
Ease of Doing Business further enhanced for the Importers and Exporters by reducing/eliminating physical print-outs/paper documents for customs clearance;...
Posted Under:
Custom Duty
|
News
DRI seizes Mandrax Tablets estimated to be of over Rs. 3000 crore
TG Team
02 Nov 2016
0 comment
The total number of Mandrax Tablets estimated to be about 2 crore in numbers with a weight of about 23.5 metric tonnes. International market value of seized tablets is estimated to be over Rs. 3000 crores. ...
Posted Under:
Custom Duty
|
News
DRI seizes 21 kg Gold & Cash of Rs 6.44 crore
TG Team
17 Oct 2016
0 comment
DRI) makes seizure of about Rs 12.91 crore including 21 kg Gold worth Rs. 6.47 crore, and Indian Currency notes worth Rs 6.44 crore...
Posted Under:
Custom Duty
|
News
Delayed, incomplete or incorrect filing of Import Manifest or Import Report
TG Team
04 Oct 2016
0 comment
It was provided that need for adjudication will arise only in cases of major amendment involving fraudulent intention or substantial revenue implication. It was the view of the CBEC that the penal action is not initiated mechanically in all cases of IGM amendment and that due consideration may be given to the circumstances of amendment....
Posted Under:
Custom Duty
|
News
Advisory on the Rebate of State Levies on Textiles Scheme (ROSL)
TG Team
22 Sep 2016
0 comment
In the ROSL scheme, the Central Govt. provides rebate of State levies comprising of State VAT/CST on inputs including packaging, fuel, duty on electricity generation and duties and charges on purchase of grid power, as accumulated through the stages of production from yarn to finished garments. ...
Posted Under:
Custom Duty
|
News
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