In a move to further facilitate trade from our eastern borders, it has been decided that empty containers returning from Bangladesh via the rail route, may be utilized to carry export goods of Bangladesh to India through the Petrapole-Benapole and the Gede-Darshana Land Customs Stations.
It was observed that certain circulars are no longer required on account of being already provided in IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 or IBBI (Insolvency Professionals) Regulations, 2016 as the case may be.
A timeline Of 90 days from the insolvency commencement date is available for filing of claims. However, it has been observed that there is an inordinate delay in filing of claims by Customs and GST authorities. T
MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No 29/2022-Customs | Dated: 21.05.2022 G.S.R. 381(E).In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the […]
MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No 28/2022-Customs | Dated: 21.05.2022 G.S.R. 380(E).Whereas, the Central Government is satisfied that export duty should be levied or increased on certain articles and that circumstances exist which render it necessary to take immediate action. Now, therefore, in exercise of the powers conferred by sub-section (1) […]
MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No 27/2022-Customs | Dated: 21.05.2022 G.S.R. 379(E).In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) read with section 124 of the Finance Act, 2021 (13 of 2021), the Central Government, on being satisfied that it […]
MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No 26/2022-Customs | Dated: 21.05.2022 G.SR. 378(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, on being […]
Notification No. 02/2022-Central Excise – Reduction of Central Excise Duty on Petrol & Diesel. Central excise duty has been reduced by ₹ 8 per litre for Petrol and by ₹ 6 per litre for Diesel (by reducing Road & Infrastructure Cess). MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 02/2022-Central Excise | Dated: […]
Notification No. 25/2022-Customs Dated: 21.05.2022: Reduction of Central Excise Duty on Petrol & Diesel. Central excise duty has been reduced by ₹ 8 per litre for Petrol and by ₹ 6 per litre for Diesel (by reducing Road & Infrastructure Cess). MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 25/2022-Customs | Dated: 21st […]
CBIC notifies Customs Tariff (Determination of Origin of Goods under the Comprehensive Economic Partnership Agreement between the Republic of India and Japan) Amendment Rules, 2022 vide Notification No. 44/2022 – Customs (N.T.) Dated: 20th May, 2022. MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 20th May, 2022 Notification No. 44/2022 – Customs (N.T.) […]
