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Notifications/Circulars

Restriction on Currency Note sending or Taking from Nepal or Bhutan

February 26, 2019 4440 Views 0 comment Print

(1) take or send out of India to Nepal or Bhutan, currency notes of Government of India and Reserve Bank of India notes (other than notes of denominations of above Rs.100 in either case), provided that an individual travelling from India to Nepal or Bhutan can carry Reserve Bank of India notes of Mahatma Gandhi (new) Series of denominations Rs. 200/- and/or Rs. 500/- up to a total limit of Rs. 25,000;

Amendment in MEIS schedule, Appendix 3B, Table 2 WEF 01.01.2017

February 26, 2019 4365 Views 0 comment Print

Certain corrections have been done in the Appendix 3B, Table 2 to align/harmonize it with the ITC HS 2017 which was notified vide Public notice 61 dated 07.03.2017.

CBIC postpones increase in customs duty on specified imports from USA

February 26, 2019 819 Views 0 comment Print

Seeks to further amend notification No. 50/2017-customs dated 30th June 2017 to postpone the implementation of increased customs duty on specified imports originating in USA from 2nd March, 2019 to 1st April, 2019 vide Notification No. 06/2019-Customs Dated 26th February, 2019.

Notification No. 14/2019-Customs (N.T.) Dated: 26.02.2019

February 26, 2019 1500 Views 0 comment Print

Notification No. 14/2019-Customs (N.T.) CBIC hereby makes the following further amendments in the notification of the Government of India, Ministry of Finance (Department of Revenue) No. 82/2017-Customs (N.T.), dated the 24th August, 2017, published vide number G.S.R. 1064(E), dated the 24th August, 2017, namely:—

Anti-dumping duty on Textured Tempered Coated & Uncoated Glass

February 26, 2019 1380 Views 0 comment Print

Seeks to impose definitive anti-dumping duty on Textured Tempered Coated and Uncoated Glass originating in or exported from Malaysia vide Notification No. 12/2019-Customs (ADD) MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION No. 12/2019-Customs (ADD) New Delhi, the 26th February, 2019 G.S.R. 156(E).—Whereas, in the matter of “Textured Tempered Coated and Uncoated Glass with a minimum […]

Consideration of mega power policy benefits in proportion to long term PPA tied up in case of provisional mega power projects – regarding

February 26, 2019 3726 Views 0 comment Print

Circular No. 1064/03/2018-CX F.No. 354/94/2011 –TRU (Pt) Government of India Ministry of Finance Department of Revenue Tax Research Unit North Block, New Delhi Dated the 26th of February, 2018 To The Principal Chief Commissioner/Chief Commissioner/ Principal Commissioner/ Commissioner of Central Excise and Central Tax (All) / Director General of Systems Madam / Sir, Subject: Consideration of […]

Allahabad, Corporation & Dhanlaxmi Bank to be taken out of PCA Framework

February 26, 2019 774 Views 0 comment Print

It was decided in the meeting held on February 26, 2019 that Allahabad Bank and Corporation Bank be taken out of the PCA Framework subject to certain conditions and continuous monitoring. It has also been decided to take Dhanlaxmi Bank out of the PCA Framework, subject to certain conditions and continuous monitoring, as the bank is found to be not breaching any of the Risk Thresholds of the PCA Framework.

Certification of amounts eligible as Interest free Loan under KGST Act as Industrial Incentives

February 26, 2019 3807 Views 0 comment Print

Certification of amounts eligible as Interest free Loan under the Karnataka Goods and Services Tax Act 2017 as incentives to the Industrial Units under Industrial Policies.

PSIC not required at Mundra Port for import of metallic Scrap

February 25, 2019 2679 Views 0 comment Print

Mundra Port is included as seventh sea port where PSIC is not required in case of metallic scrap imported from safe countries/regions. With this, total number of sea ports for import of metallic Scrap under para 2.54 is increased from 14 to 15. Government of India Ministry of Commerce & Industry Department of Commerce Udyog […]

How to dispose unclaimed/uncleared cargo lying with custodians

February 25, 2019 2346 Views 0 comment Print

Following procedure with regard to expeditious disposal of un-claimed/un-cleared cargo lying with custodians, whether in the private or public sector, under section 48 of the Customs Act, 1962, is prescribed:

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