CIRCULAR NO. 09 OF 2015-16 Dated: 01/05/2015- In partial modification of this department’s Circular No.27 of 2014-15, the following Assistant Commissioner(mentioned in Col.No.4) is hereby authorised as Spl.OHA for hearing the objections with respect to 2A-2B mismatch of 2012-13 in place of the Assistant Commissioners, transferred out from this department(mentioned in Col.No.2), till further orders :-
CIRCULAR No. 8 of 2015-16 Dated 01/05/2015 Attention is invited to all Assessing Authorities to this department Circular no 5 of 2014-15 dated: 04/08/2014, whereby it was directed that, no Assessing Authorities shall frame any central assessment related to Central declaration forms and where no refund is involved
The quantity of sugar to be exported to EU under CXL Quota and to USA under TRQ upto 30.09.2015 has been notified.
Pre-import condition shall be mandatory for import of raw sugar under Advance Authorisation scheme. Export obligation period for raw sugar imported under Advance Authorisation has been reduced to six months from the date of clearance of each consignment by customs authority.
PUBLIC NOTICE NO. 7/2015-2020 DATED THE 1st May, 2015 For border trade between India and China, the CIF value per consignment is being increased from ₹ 1,00,000/- to ₹ 2,00,000/- in case of Nathula, while for Gunji and Namgaya Shipkila, the existing CIF value limit of ₹ 25,000/- is being enhanced to ₹ 1,00,000/-.
Notification No. 17/2015-Customs (ADD), Dated the 1st May, 2015 Seeks to extend the validity of notification No. 57/2010-CUSTOMS, dated the 3rd May, 2010 for a further period of one year.
DGFT Public Notice No.07/2015-20, Dated: May 1, 2015 Import of ‘raw sugar’ under Duty Free Import Authorisation (DFIA) scheme is withdrawn with immediate effect.
No.F.7(400)/Policy/VAT/2011/PF/142-155 Dated : 01-05-2015 The Authorisation of State Bank of Patiala, in addition to the RBI’s regulations, shall further be subject to the conditions mentioned in notification No.F.7(400)/Policy/VAT/2014/1387-98 dated 28/03/2014.
Circular No. 10/2015-Customs dated 31st March, 2015 The Government has prioritized trade facilitation and creating an environment for ease of doing business. In this direction several initiatives have been taken in the recent past to simplify Customs procedures and enhance the use of automation in business processes with resultant reduction in transaction costs and dwell time associated with the Customs clearance of imported and export goods.
In order to further strengthen the risk management practices and to develop a sound framework that would evaluate potential vulnerabilities on account of plausible events and provide early warning on the health of the underlying portfolio of Liquid Fund and MMMF Schemes, it has been decided to stipulate the following guidelines:
