CBEC

Self Sealing of Containers by Exporters- Latest Advisory

Custom Duty - The Board in its earlier Circular prescribed certain conditions for Self-sealing procedure. 1. Obligation to intimate Jurisdictional Customs Officer The exporter shall be under an obligation to inform the details of the factory or warehouse where container sealing is to be carried out....

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e-SANCHIT- Frequently Asked Questions

Custom Duty - Login into ICEGATE website using login credentials. II. Access the e-SANCHIT application by clicking on e-SANCHIT link provided in menu III. Upload document by clicking on Upload Documents button....

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SWIFT / e-SANCHIT Under Customs – Latest Developments

Custom Duty - The Central Board of Excise & Customs (CBEC) has launched e- SANCHIT on a pilot basis from 20th October 2017 for paperless processing, uploading of supporting documents, to facilitate the trading across Borders. The ‘India Customs Single Window’ allows importers & exporters, to lodge their clearance documents onli...

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Changes made by Recent notifications issued by CBEC on 13.10.2017

Custom Duty - In the backdrop of 22nd meeting of GST Council held on 06.10.2017 a few notifications were issued by the CBEC on 13.10.2017. Here is a draft advisory related to those notifications....

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Benefits of Authorized economic operator certificate

Custom Duty - AEO is facilitation scheme i.e. holder of this certificate is entitled for certain privilege, benefits and exemption on account of import and export, In India, AEO certification is Three-Tier AEO (T1, T2, T3). This three tier certification is launched by Indian Customs Circular No. 33/2016 dated 22th July, 2016...

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ROSL Scroll generation has been activated

Custom Duty - Temporary ROSL Scroll of smaller amounts (10-15 Cr.) to be generated, so that rejections, if any, does not affect major number of SBs / Exporters. One Scroll may be generated for every week starting after last ROSL scroll generation date, latest till May 2017. Drawback Officers to be directed to complete the entire process for a week's fi...

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CBEC accomplishes Indirect Taxes Collection Target for F.Y. 2016-17

Custom Duty - The indirect tax collections (Central Excise, Service Tax and Customs) in FY 2016-17are at Rs 63 lakh crore, which is 22.0% higher than the actual revenue receipts in FY 2015-16. Till March 2017, about 101.35% of the Revised Estimates (RE) of indirect taxes for Financial Year 2016-17 has been achieved....

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CBEC renamed as Central Board of Indirect Taxes & Customs (CBIC)

Custom Duty - FM approves the re-organisation of the field formations of the Central Board of Excise & Customs (CBEC) for the implementation of Goods & Services Tax (GST); CBEC is being renamed as the Central Board of Indirect Taxes & Customs (CBIC), after getting legislative approval...

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CBEC Partner Connectivity Protocol

Custom Duty - CBEC Partner Connectivity Protocol – Solution for CBEC field formations managed by Custodians (under the HCCAR, 2009) requiring IT infrastructure and connectivity with CBEC Data Centre...

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Exemption of Customs Duty On Life Saving Drugs

Custom Duty - 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....

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List of Indirect Tax cases against accepted by CBEC

Decisions of High Court and CESTAT against which Board has decided not to file Special Leave Petition or Civil Appeal in Supreme Court...

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Bombay HC too stays coercive recovery pursuant to CBEC circular

Uhde India Pvt. Ltd Vs Union of India (Bombay High Court) - The Bombay High Court today (17.01.2013) granted ad-interim stay against coercive recovery pursuant to Circular No. 967/01/2013 – CX, Dated 1st January, 2013 issued by the Central Board of Excise and Customs. ...

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Compensation Received In Exchange For Technical Know-How Is Not Exigible Under Engineering Consultancy.

BE. GELB Consultancy Services v. CCE (CESTAT Chennai) - A transaction in intellectual property (IP) along with the right to manufacture the licensed product is totally different from the technical assistance rendered by an engineer or a firm of engineers; when IP services are brought under the tax net without altering the scope of "Consulting Engineer Se...

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Standard Operating Procedures on Litigation in Appellate Forums

N.A. - (01/12/2015) - The Standard Operating Procedures for handling litigation in the Supreme Court, High Court and CESTAT has been a long felt need. This Manual of SOP is one of the flagship documents published from the Directorate of Legal Affairs, to streamline handling of litigation in the Department....

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Reg. Safeguard Duty on product HR Coil

G.S.R. 690 (E) - (09/09/2015) - Director General (DG) of Safeguards Recommends Imposition of Provisional Safeguard Duty @ 20%, for a Period of 200 Days for Hot-Rolled Flat Products of Non-Alloy and other Alloy Steel in Coils of a Width of 600 MM OR More; Recommendations of the DG Safeguards to be Examined by the Board of Safeguard...

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CBEC decides to create GST Directorate in Delhi

01/Ad.IV/2015 - (03/08/2015) - Consequent upon, the decision of the Board to create a GST Directorate in Delhi by shifting the headquarters of DGST, Mumbai to Delhi, it has been decided that Directorate General of Service Tax (DGST) will henceforth be re-named as Directorate General pf Goods & Service tax (DGGST) w.e.f. 01.08.201...

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CBEC- Website to show outstanding work done by retiring Government employees

F. No. C-50/50/2015-Ad.II - (20/03/2015) - An online system viz. Anubhav has been developed for showcasing outstanding work done by the retiring Government employees during service. Instructions for use of this application by the retiring employees, Head of Offices/ Head of Departments in the Ministries/ Departments have been issued by this ...

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Service tax on services in relation to inward remittances from abroad

Circular No. 180/06/2014 – ST - (14/10/2014) - Vide circular No. 163/14/2012–ST, dated 10th July, 2012, on the issue of levy of service tax on the activities involved in the inward remittance it was clarified that there is no service tax per se on the foreign exchange remitted to India from outside for the reason that money does not constitute...

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Recent Posts in "CBEC"

Self Sealing of Containers by Exporters- Latest Advisory

The Board in its earlier Circular prescribed certain conditions for Self-sealing procedure. 1. Obligation to intimate Jurisdictional Customs Officer The exporter shall be under an obligation to inform the details of the factory or warehouse where container sealing is to be carried out....

Read More
Posted Under: Custom Duty |

e-SANCHIT- Frequently Asked Questions

Login into ICEGATE website using login credentials. II. Access the e-SANCHIT application by clicking on e-SANCHIT link provided in menu III. Upload document by clicking on Upload Documents button....

Read More
Posted Under: Custom Duty |

SWIFT / e-SANCHIT Under Customs – Latest Developments

The Central Board of Excise & Customs (CBEC) has launched e- SANCHIT on a pilot basis from 20th October 2017 for paperless processing, uploading of supporting documents, to facilitate the trading across Borders. The ‘India Customs Single Window’ allows importers & exporters, to lodge their clearance documents onli...

Read More
Posted Under: Custom Duty |

Changes made by Recent notifications issued by CBEC on 13.10.2017

In the backdrop of 22nd meeting of GST Council held on 06.10.2017 a few notifications were issued by the CBEC on 13.10.2017. Here is a draft advisory related to those notifications....

Read More

Benefits of Authorized economic operator certificate

AEO is facilitation scheme i.e. holder of this certificate is entitled for certain privilege, benefits and exemption on account of import and export, In India, AEO certification is Three-Tier AEO (T1, T2, T3). This three tier certification is launched by Indian Customs Circular No. 33/2016 dated 22th July, 2016...

Read More
Posted Under: Custom Duty |

ROSL Scroll generation has been activated

Temporary ROSL Scroll of smaller amounts (10-15 Cr.) to be generated, so that rejections, if any, does not affect major number of SBs / Exporters. One Scroll may be generated for every week starting after last ROSL scroll generation date, latest till May 2017. Drawback Officers to be directed to complete the entire process for a week's fi...

Read More
Posted Under: Custom Duty |

CBEC issues two Service Tax notification with same number

We found two Notification on CBEC website of Same Number i.e. Notification No. Notification No. 13/2017-Service Tax. Both are dated differently and are related to different subject. While one is dated as 12th April, 2017 and other one is dated 13th April, 2017. ...

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CBEC accomplishes Indirect Taxes Collection Target for F.Y. 2016-17

The indirect tax collections (Central Excise, Service Tax and Customs) in FY 2016-17are at Rs 63 lakh crore, which is 22.0% higher than the actual revenue receipts in FY 2015-16. Till March 2017, about 101.35% of the Revised Estimates (RE) of indirect taxes for Financial Year 2016-17 has been achieved....

Read More
Posted Under: Custom Duty |

Direct and Indirect tax updates for 16st March to 31st March 2017

CBDT has vide notification No. 21/2017 released ITR forms for Assessment Year 2017-18 / Financial Year 2016-17. The number of ITR Forms have been reduced from the existing nine to seven forms. The existing ITR Forms ITR-2, ITR-2A and ITR-3 have been rationalized and a single ITR-2 has been notified in place of these three forms. Consequen...

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Posted Under: Custom Duty |

CBEC renamed as Central Board of Indirect Taxes & Customs (CBIC)

FM approves the re-organisation of the field formations of the Central Board of Excise & Customs (CBEC) for the implementation of Goods & Services Tax (GST); CBEC is being renamed as the Central Board of Indirect Taxes & Customs (CBIC), after getting legislative approval...

Read More
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