Custom Duty : The Customs Department have recently started obstructing all the imports of alloy containing gold and platinum across the country ...
Custom Duty : Article briefly describe important legal provisions in India relating to Hazardous Chemicals/Dangerous Goods and Precursor Chemic...
Custom Duty : The Central Excise Tariff Act, 1985 prescribes rate of duty which is called as Tariff Rate or statutory rate of Duty. Since this r...
Custom Duty : Article explain about Compulsory Compliance Requirement for Import / Export of Urea [a Precursor Chemical for manufacture of IEDs]...
Custom Duty : n today‟s environment, where the volume of the goods being imported or exported is continuously increasing, the number of Custom...
Custom Duty : Anti Dumping Duty On Chinese Products The Central Government (Department of Revenue, Ministry of Finance), on the basis of the rec...
Custom Duty : Whether it is true that duty on umbrellas is being raised to 20 per cent and exemption to parts of umbrellas is being withdrawn a...
Custom Duty, Income Tax : The decision to reduce import duty on both crude and refined edible oils was taken to reduce the burden of high prices on final co...
Custom Duty : Anti-dumping Duty on the import of Specified Stainless Steel Products for providing relief to the Domestic Steel Industry The Gove...
Custom Duty : With effect from 01.07.2017 Government imposes levy of 10% basic customs duty (BCD) on cellular mobile phone, specified parts ther...
Custom Duty : This appeal is directed against the Order of the Customs, Excise and Gold (Control) Appellate Tribunal, West Zonal Bench [hereina...
Custom Duty : In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government...
Custom Duty : G.S.R. (E). - Whereas in the matter of imports of Sodium Tripoly Phosphate (STPP) (hereinafter referred to as the subject goods), ...
Custom Duty : The drawback rates provided for gold & silver jewellery will only be applicable for exports made through the ports /custom houses ...
G.S.R. (E). – Whereas in the matter of imports of Sodium Tripoly Phosphate (STPP) (hereinafter referred to as the subject goods), falling under sub heading 2835 31 00 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred as the said Customs Tariff Act), originating in, or exported from, People’s Republic of China (hereinafter referred as the subject country) and imported into India, the designated authority in its preliminary findings vide notification No. 14/25/2009–DGAD, dated the 21st May, 2010, published in the Gazette of India, Extraordina
A uniform concessional basic duty of 5 per cent, CVD of 4 per cent with full exemption from special additional duty on all medial equipment are proposed doing away with a very complex import duty regime. The Finance Minister, Shri Pranab Mukherjee while presenting the Union Budget in Lok Sabha today said that multiple rates coupled with descriptions not aligned with tariff lines result in disputes and at times prevent state-of-art equipment from getting the benefit of exemption.
The cement industry has urged the Centre to abolish import duty on raw materials such as coal, pet coke and gypsum since cement as a finished product does not attract duty. In its pre-Budget memorandum submitted to the Finance Minister, Mr Pranab Mukherjee, the Cement Manufacturers Association (CMA) has said the duty on coal, pet coke and gypsum should be abolished
The drawback rates provided for gold & silver jewellery will only be applicable for exports made through the ports /custom houses as specified in para 4A.12 of the Hand Book of Procedures (vol.1), 2004-2009 after examination by the jewellery expert appraisers/superintendents to ascertain the quality of gold/silver and the quantum of gold/silver in the exported items. It may be noted that the drawback rate provided for gold & silver jewellery is a specific rate in terms of rupees per unit weight of net content of gold/silver in the jewellery. The drawback rates for gold & silver jewellery are equal to the prevalent import duty on gold/silver
The Finance Bill proposes introduction of Section 26A in the Customs Act, 1962, so as to comply with the standards under the International Convention on the Simplification and Harmonisation of Customs Procedure (Revised Kyoto Convention). It seeks to provide for refund of import duty paid at the time of clearance of imported goods, capable of […]
