Custom Duty - CBIC has taken various steps which have had the impact of reducing the dwell time as well as bringing down the logistics cost of EXIM clearances. One of the flagship initiatives in this regard has been the Direct Port Delivery (DPD) of containers to the importers thus obviating the need of routing the clearance through […]...
Read MoreCustom Duty - PROCESSING OF ACCREDITATION OF AEO-T1 SIMPLIFIED In terms of Customs circular 33/2016 dated 22.07.2016 as amended by the Circular No. 3/2018- Customs dated January 17, 2018 & Circular No. 26/2018- Customs dated 10th August 2018 processing of AEO-T1 application is simplified. ANNEXURE REQUIRED FOR AEO-T1 APPLICATION AS PER OLD CIRCULAR...
Read MoreCustom Duty - It has been noticed that the customs department was insisting to furnish the Bank Guarantee from 100% EOU units by virtue of circular no. 48/2017 Customs dated 8th Dec 2017. However, Foreign Trade Policy 2015-20 provides reverse view as below. “Unit will not be required to furnish bank guarantee at the time of import or […]...
Read MoreCustom Duty - The Central Board of Excise & Customs (CBEC), vide Circular No. 35/2017 – Customs, dated 16th August 2017 issued guidelines for provisional release of seized imported goods pending adjudication under Section 110 of the Customs Act, 1962 Section 110A Any goods, documents or things seized under Section 110, may, pending the order of...
Read MoreCustom Duty - As provided in GST Laws, all inter-state transactions are subject to IGST. Further, High sea sales of imported goods are akin to inter-state transactions. ...
Read MoreCustom Duty - Customs Brokers’ Examination GUIDELINES FOR THE CANDIDATES (Please refer Regulation 6 of Customs Brokers Licensing Regulations, 2018) A. Admit Card and Mock Test: A dummy Question paper for the purpose of awareness of candidates will be made available on the CBIC and NACIN websites under the icon/tab <GSTP/CBLR Exam>. A link to do...
Read MoreCustom Duty - Customs and Postal Department hold First ever Joint Conference to deliberate on streamlining imports and exports by post; To cater to the SMEs and to boost the Make in India program, Customs Department proposes new simplified procedures for exports through India Post. Customs Department proposes new simplified procedures for exports throu...
Read MoreCustom Duty - The Government of India has issued new reward guidelines called The guidelines for grant of rewards to be paid to the officers, informers and other persons, 2017 on October 10, 2017 to regulate the grant and payment of reward to informers and government officers....
Read MoreCustom Duty - Board has also decided to simplify the norms for KYC verification in the light of introduction of Goods & Services Tax (GST) and in view of the emphasis of government on adoption of a unified identifier. Accordingly, in modification of the earlier instructions...
Read MoreCustom Duty - Customs Clearance Facilitation Committee (CCFC) set up under the chairmanship of Chief Commissioner of Customs/Commissioner of Customs. CCFC expedites clearance of imported and export goods, and helps resolve grievances of trade and industry members.CCFC operating in Seaports, Airports, Inland Container Depots and Land Customs Stations...
Read MoreNotification No. 37/2019-Customs (ADD) - (14/09/2019) - Notification No. 37/2019-Customs (ADD)- Seeks to impose the definitive anti-dumping duty on the imports of Electrical Insulators originating in, or/and exported from China PR GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) NOTIFICATION No. 37/2019-Customs (ADD) New Delhi, the 14th S...
Read MoreNotification No. 36/2019-Customs (ADD) - (14/09/2019) - Seeks to rescind notification No. 11/2015-Customs (ADD) dated 11th April, 2015 vide Notification No. 36/2019-Customs (ADD) dated 14th September, 2019 GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) NOTIFICATION No. 36/2019-Customs (ADD) New Delhi, the 14th September, 2019 G.S.R.656...
Read MoreCircular No. 31/2019-Customs - (13/09/2019) - Clarification as to what should be the basis for waiver of Bank Guarantee to be executed with Customs in the Goods and Services Tax (GST) regime under AA, DFIA and EPCG schemes in respect of manufacturer exporters/service providers....
Read MoreNotification No. 65/2019-Customs (N.T.) - (13/09/2019) - Notification No. 65/2019-Customs (N.T.)- Amending Notification No. 12/97-CUSTOMS (N.T.), dated the 2nd April, 1997 so as to include Barhi, Distt Sonepat, Haryana...
Read MoreNotification No. 64/2019-Customs (N.T.) - (13/09/2019) - Tariff Notification No. 64/2019-CUSTOMS (N.T.) dated 13th September, 2019 in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver- Reg Government of India Ministry of Finance (Department of Revenue) (Central Board of Indirect Taxes and Customs) N...
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Notification No. 37/2019-Customs (ADD) - (14/09/2019) -
Notification No. 36/2019-Customs (ADD) - (14/09/2019) -
Circular No. 31/2019-Customs - (13/09/2019) -
Notification No. 65/2019-Customs (N.T.) - (13/09/2019) -
Notification No. 64/2019-Customs (N.T.) - (13/09/2019) -
Notification No. 45/2019-Customs (N.T./CAA/DRI) - (12/09/2019) -
Notification No. 44/2019-Customs (N.T./CAA/EXTENSION/DRI) - (12/09/2019) -
Notification No. 43/2019-Customs (N.T./CAA/DRI) - (12/09/2019) -
Circular No. 30/2019- Customs - (11/09/2019) -