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Custom 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 - 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...
Read MoreCustom Duty - Application for allotment of Permanent Account Number(PAN) will be filed in SPICe (INC-32) form using Digital Signature of the applicant as specified by the Ministry of Corporate Affairs. After generation of Corporate Identity Number (CIN). MCA will forward data in form 49A to prescribed Income Tax Authority through digital signature. ...
Read MoreCustom Duty - Article compares differences between Companies Act 2013 and Companies Act, 1956 in respect of wound up of a Company by National Company Law Tribunal. Article Compares Section recently notified Section 271, 273, 274, 275, 277, 280, 281,287,302,332,336,337,338, 339(3), 342, 344, 348(7), 352, vide notification no. S.O. 3677(E) dated 07.12.20...
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 MoreCustom Duty - CBEC released on 19th August 2017- Draft Customs Brokers Licensing and Revocation Regulations, 2017 which will be apply on approval to shall apply to a Customs Broker who has been licensed under these regulations or regulations preceding thereto and also such other persons who have been employed or engaged by the said Customs Broker unde...
Read MoreNotification No. 53/2018-Customs [G.S.R. 651(E)] - (16/07/2018) - CBIC notifies changes in BCD on Certain Textile Goods vide Notification No.53/2018-Customs dated 16th of July, 2018. Vide notification CBIC amended duty rates on certain textile goods....
Read MoreNotification No. 52/2018-Customs [G.S.R. 648(E)] - (14/07/2018) - G.S.R................. (E).- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) and sub-section (12) of section 3 of the Customs Tariff Act, 1975 (51 of 1975), the Central Government, being satisfied that it is necessary in the public interest ...
Read MoreNotification No. 37/2018-Customs (ADD) [G.S.R. 646(E)] - (13/07/2018) - CBIC rescinds notification No. 36/2012- Customs (ADD) dated the 16th, July 2012 by which it imposed definitive anti-dumping duty on the imports of ‘Grinding media Balls’ (excluding Forged Grinding Media Balls), originating in, or exported from Thailand and China PR, as it has now issued ...
Read MoreNotification No. 36/2018-Customs (ADD) [G.S.R. 645(E)] - (13/07/2018) - Notification No. 36/2018-Customs (ADD) Seeks to impose anti-dumping duty on the imports of Grinding Media Balls (excluding Forged Grinding Media Balls) originating in or exported from China PR and Thailand....
Read MoreNotification No. 62/2018-CUSTOMS (N.T.) - (13/07/2018) - Tariff Notification No. 62/2018-CUSTOMS (N.T.) dated: 13th July, 2018 in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver...
Read MoreNotification No. 53/2018-Customs [G.S.R. 651(E)] - (16/07/2018) -
Notification No. 52/2018-Customs [G.S.R. 648(E)] - (14/07/2018) -
Notification No. 37/2018-Customs (ADD) [G.S.R. 646(E)] - (13/07/2018) -
Notification No. 36/2018-Customs (ADD) [G.S.R. 645(E)] - (13/07/2018) -
Notification No. 62/2018-CUSTOMS (N.T.) - (13/07/2018) -
Notification No. 61/ 2018-Customs (N.T.) - (11/07/2018) -
F.No.390/Misc./116/2017-JC - (11/07/2018) -
Notification No. 9/2018-Customs (N.T./CAA/DRI) - (10/07/2018) -
Notification No. 35/2018-Customs (ADD) - (09/07/2018) -
Notification No. 51/2018-Customs - (09/07/2018) -
