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CAG report on Compliance Audit (Department of Revenue- Customs)

The Compliance Audit Report No. 17 of 2020 of the Comptroller and Auditor General of India on Department of Revenue - Customs and Director General of Foreign Trade under Ministry of Commerce and Industry, for the year ended 31 March 2019 was presented in Parliament here today....

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Posted Under: Custom Duty |

CRCL gets recognised as a RCL of World Customs Organisation

Ministry of Finance Central Revenues Control Laboratory gets recognised as a Regional Customs Laboratory (RCL) of the World Customs Organisation Posted On: 02 MAR 2021 Central Revenues Control Laboratory (CRCL), New Delhi, under the Central Board of Indirect Taxes & Customs, was today recognized as a Regional Customs Laboratory (RCL) ...

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Posted Under: Custom Duty |

CBI Arrests an Assistant Commissioner and a Superintendent, both of Customs

The Central Bureau of Investigation has arrested an Assistant Commissioner and a Superintendent, both of Customs Department, Mumbai in an alleged bribery case....

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Posted Under: Custom Duty |

CBIC provides facilitation for exporters having IGST refund issues

CBIC has extended the time limit for sanction of pending IGST refunds in such cases where records have not been transmitted to ICEGATE due to GSTR1 and GSTR3B mismatch error....

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Posted Under: Custom Duty |

Import duty on copper scrap reduced from 5% to 2.5%

Reduction of import duty on copper scrap from 5% to 2.5% announced in Union Budget 2021-22 to boost recycling of copper in the country. This will have social, environmental and economic benefits and also has employment generation potential....

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Posted Under: Custom Duty |

CBI Registers Case against 2 Then Superintendents of Customs

It was further alleged that the private persons in connivance with 02 then Superintendents of Customs, had indulged in smuggling of gold chains, gold bars and other goods in commercial quantities running into crores of rupees through SVP International Airport, Ahmadabad....

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Posted Under: Custom Duty |

Explanatory Memoranda to Budget 2021 Custom & Excise Notifications

Govt has issued following notifications related to Excise and Custom duty to give effect to Provisions of Union Budget 2021- –Notification Nos. 02/2021-Customs to 15/2021-Customs -Notification Nos. 09/2021-Customs (N.T.) to 12/2021-Customs -Notification Nos. 05/2021-Customs (ADD) to 07/2021-Customs (ADD) -Notification Nos. 01/2021-C...

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Posted Under: Custom Duty | ,

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 |