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Export duty removal on steel will strengthen steel sector
editor1
23 Nov 2022
0 comment
Union Minister of Steel and Civil Aviation Shri Jyotiraditya Scindia stated that the removal of export duties on steel and stainless steel by the government will herald a new era for the nation's steel sector, and allow it to firmly establish its position in the global market....
Posted Under:
Custom Duty
|
News
Government withdraws export duty on Steel
editor2
19 Nov 2022
0 comment
The Central Government has restored the status quo as was prevailing prior to 22nd May,2022 and withdrawn the export duty on iron ores lumps & Fines below 58% Fe content, iron ore pellets and the specified steel products including pig iron. The import duty concessions on Anthracite / PCI coal, coking coal, coke & semi cok...
Posted Under:
Custom Duty
|
News
Advisory for launch of ICEGATE 2.0
editor1
17 Nov 2022
0 comment
CBIC is launching ICEGATE 2.0 in phased manner w.e.f. 16.11.2022. Users will be intimated about various upcoming modules in advance by way of pop up/tickers/notifications. Users will continue to use existing features of ICEGATE 1.0 and additional features under ICEGATE 2.0 till the complete rollout of the latter....
Posted Under:
Custom Duty
|
News
Draft Customs (Assistance in Value Declaration of Identified Imported Goods) Rules, 2022
Editor6
06 Oct 2022
0 comment
Notification No. ___/2022-Customs (N.T.)
-
Notice calling for suggestions, views, comments, feedback etc. from stakeholders on draft rules pertaining to Customs Valuation of imported goods in terms of recent amendment in Section 14 of the Customs Act, 1962 vide Section 89 of the Finance Act, 2022 Attention is invited to the recent amendment made in Section 14 of the Customs [&hell...
Posted Under:
Custom Duty
|
News
Drugs seized in 8 cases from Gujarat Ports in 2021 & 2022 by DRI
Editor6
10 Aug 2022
0 comment
GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE LOK SABHA UNSTARRED QUESTION NO-3459 ANSWERED ON-MONDAY, AUGUST 8, 2022/SRAVANA 17, 1944 (SAKA) Drugs Seized from Gujarat Port 3459. SHRI ANTO ANTONY: Will the Minister of FINANCE be pleased to state: (a) whether the Directorate of Revenue Intelligence or any other Central Agen...
Posted Under:
Custom Duty
|
News
Tax on domestically produced Crude Petroleum & export of Petrol, Diesel & ATF
Editor6
08 Aug 2022
0 comment
Govt has wef 1st July 2022 imposed duties/cesses on domestically produced Crude Petroleum & export of Petrol, Diesel and Aviation Turbine Fuel...
Posted Under:
Custom Duty
|
News
Advisory for Anonymised Escalation Mechanism for delayed Bill of Entry
editor2
06 Aug 2022
0 comment
CBIC has endeavored to provide an Anonymized Escalation Mechanism for ICEGATE registered users where they submit their grievance for delay in Bill of Entry clearance under faceless assessment. The delay in clearance would subsequently be escalated to the concerned Faceless Assessment Officers....
Posted Under:
Custom Duty
|
News
DRI busts factory manufacturing illicit psychotropic substances
editor2
04 Aug 2022
0 comment
DRI busts factory manufacturing illicit psychotropic substances; seizes drugs worth Rs 245 crore Continuing its crackdown on drug syndicates involved in the manufacture, sale and distribution of drugs in the country, the Directorate of Revenue Intelligence (DRI) officers busted a clandestine factory in Yamunanagar, Haryana, that was invo...
Posted Under:
Custom Duty
|
News
Customs duty evasion of Rs. 2217 crore by Vivo Mobile
TG Team
04 Aug 2022
0 comment
DRI detects Customs duty evasion of Rs. 2,217 crore by M/s. Vivo Mobile India Pvt. Ltd. During an investigation pertaining to M/s Vivo Mobile India Private Limited (hereinafter referred to as ‘M/s Vivo India’), the Directorate of Revenue Intelligence (DRI) has detected Customs duty evasion of around Rs 2,217 crore. M/s Vivo India is a...
Posted Under:
Custom Duty
|
News
DRI unearths Customs duty evasion of Rs. 4389 crore by Oppo India
Editor6
14 Jul 2022
0 comment
During an investigation pertaining to M/s Oppo Mobiles India Private Limited (hereinafter referred to as ‘Oppo India’), a subsidiary company of “Guangdong Oppo Mobile Telecommunications Corporation Ltd”, China (hereinafter referred to as ‘Oppo China’), the Directorate of Revenue Intelligence (DRI) has detected Customs duty ev...
Posted Under:
Custom Duty
|
News
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