In terms of Board’s letter of even no. dated 26.06.2012 service tax of 3.708% is levied on the total fare. As per General Budget 2015-16 announcement, the ‘Education Cess’ and ‘Secondary & Higher Education Cess’ shall be subsumed in the new service tax rate and service tax rate is proposed to be increased from 12% plus Education Cesses to 14%. Accordingly, it is proposed to modify para 3 of Board’s letter of even no. dated 26.06.2012 as under:
Circular no. 17/2015 – Customs, Dated 26th May 2015 The Central Government had announced its intent to permit the trading of rough diamonds in India by leading diamond mining companies of the world by creating a ‘Special Notified Zone’. For this purpose, Dept. of Commerce / GJEPC have sought a regulatory framework under the Customs Act.
The new Foreign Trade Policy 2015-20 has identified trade facilitation and enhancing the ease of doing business as it’s major focus areas and it is Government’s endeavour and commitment to move towards paperless processing. In this regard, a facility has been provided to importer/ exporter to upload his basic details and documents in the Importer-Exporter Profile.
Addition of Mundra Port in para vii of Notification No. 44/2001-CE (NT) dated 26.06.2001 – In exercise of the powers conferred by sub-rule (3) read with sub-rule (2) of rule 19 of the Central Excise Rules, 2002, the Central Government hereby makes the following amendments in the notification of the Government of India in the Ministry of Finance, Department of Revenue, No. 44/2001-Central Excise (N.T.), dated the 26th June, 2001, published in the Gazette of India, Extraordinary, Part II, section 3, Sub-section (i), vide number G.S.R. 473(E), dated the 26th June, 2001, namely:-
Notification No. 34/2015-Customs (8) Subject to the satisfaction of the said officer, duty shall not be leviable in respect of capital goods, raw material, consumables, spares, goods manufactured, processed or packaged, and scrap or waste or remnants or rejects are destroyed within the unit after intimation to Customs authorities or destroyed outside the unit with permission of Customs authorities:
Notification No. 30/2015-Central Excise i) in the case of capital goods, such goods are not proved to the satisfaction of the said officer to have been installed or otherwise used within the user industry, within the period of validity of the Letter of Permission (LoP);
ANF3B-2 for claiming benefit of Served From India Scheme (SFIS) for foreign exchange earned in the year 2014-15 is being notified.
G.S.R.………….(E).- In exercise of the powers conferred by sub-rule (1) of rule 3 of the Customs Tariff (Identification and Assessment of Safeguard Duty) Rules, 1997 and in supersession of notification of the Government of India in the Ministry of Finance, Department
Notification No. 22/2015-Customs (ADD) Dated- 22nd May, 2015-Seeks to levy definitive anti-dumping duty on imports of USB Flash Drives’, originating in, or exported from, People’s Republic of China and Chinese Taipei for a period of five years.
NOTIFICATION NO. 21/2015-Customs,(ADD), Dated: May 22, 2015 Whereas in the matter of Cast Aluminium Alloy Wheels or Alloy Road Wheels used in Motor Vehicles, whether or not attached with their accessories, of a size in diameters ranging from 12 inches to 24 inches (hereinafter referred to as the subject goods), falling under Chapter heading 8708 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to as Customs Tariff Act), originating in, or exported from the People’s Republic of China, Korea RP and Thailand
