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Skoda India has agreed before the Supreme Court to pay within four weeks Rs 30 crore to the Customs Department as pre-deposit money for initiating adjudication before the tax tribunal where it has challenged the imposition of duty of Rs 194 crore. A bench comprising justices D K Jain and H L Dattu admitted the request made by the subsidia...

Heavy Industries and Public Enterprises Minister Praful Patel today said his ministry has asked the Finance Ministry to give two years' time to the auto industry to comply with the new import duty norms for completely knocked down units . We have sent a formal request to the Ministry of Finance with the request from SIAM. The industry is...

Acting on a specific intelligence, the officers of DRI, Kolkata & Berhampore had effected a seizure of Fake Indian Currency Notes (FICN) having total face value of Rs.3.00.000/- on 08.05.2011 at 06.00 hrs. from one person namely Jahangir Alam at Farakka railway station, Farakka, Dist-Murshidabad when he was about to board Malda town Farak...

Download Appeal Forms under Customs Act, Central Excise Act, Finance Act (Service Tax) and under Customs Tariff Act 1975 (Anti Dumping Duty). Form No. S.T.-5, Form No. S.T.-6, Form No. S.T.-7, Form No. E.A.-3, Form No. E.A.-4, Form No. E.A.-5, Form No. C.A.-3, Form No. C.A.-4, Form No. C.A.-5...

The Department of Post is working on providing details of parcels received by its by its international partners or sent through it to international destinations. "As part of mail tracking systems introduced by us, we will add details of parcels held by customs on our website. Received by us from international partners or send by us to int...

CBI arrests an Inspector of Central Bureau of Narcotics and a Private Person in a bribery case of Rs.Three Lakh- The Central Bureau of Investigation has registered a case U/s 120-B of IPC r/w Section 7, 8 and 10 of Prevention of Corruption Act, 1988 on the basis of written complaint against an Inspector of Central Bureau of Narcotics, Gar...

Knitwear exporters from Tirupur have requested the Centre to impose 15 per cent export duty on cotton yarn immediately to prevent a spurt in yarn prices in the domestic market. This would help the knitwear sector have a level playing field in international markets and compete effectively, Tirupur Exporters'' Association President A Shakti...

The ICC today rejected reports that the World Cup with the Indian team is a replica and maintained that it is the original trophy after controversy broke out over news that that it was a fake that was presented to the team on Saturday. Media reports today said that the Cup given to Mahendra Singh Dhoni and his team was a fake and that the...

The Indian cricket players can't seem to put it down it but the World Cup trophy they have with them is actually just a replica as the original is still lying with the customs. "The original is lying with the Customs," said a BCCI sources without elaborating. When contacted Customs sources, however, said the Cup was with them for non-paym...

The Central Board of Excise and Customs (CBEC), Ministry of Finance has denied that the original ICC Cricket World Cup 2011 trophy is lying in the Airport Customs Warehouse in Mumbai. The clarification was issued in response to the report appearing in certain section of media that actual ICC Cricket World Cup trophy has not been awarded t...