Customs Archives - Page 2 of 3

All Industry Rates of Drawback Related changes with effect from 15-11-2016

November 2, 2016 NewsTaxIndia0 comments1469 views

All Industry Rates of Drawback and other Drawback related changes with effect from 15-11-2016 Circular No. 50/2016-Customs, Dated: October 31, 2016 Subject: All Industry Rates of Drawback and other Drawback related changes -reg. The Central Government has revised All Industry Rates (AIRs) of Drawback vide Notification … Continue Reading →

Customs

CBEC Circular On Clearance of Import of Metal Scrap Procedure

October 27, 2016 NewsTaxIndia0 comments1246 views

CBEC Circular On Clearance of Import of Metal Scrap Procedure Subject:- Clearance of import of metal scrap-Procedure-regarding. I am directed to say that the following Circulars have been issued relating to the procedure for clearance of imported metal scrap namely:- (i) 56/2004-Cus. dated 18.10.2004, (ii) 02/2005-Cus. dated … Continue Reading →

Customs

CBEC Circular On Clearance of Import of Metal Scrap Procedure

October 27, 2016 NewsTaxIndia0 comments1813 views

Customs

Rationalization of procedures in handling exporters obligations under EPCG authorizations

October 18, 2016 NewsTaxIndia0 comments1024 views

Rationalization of procedures in handling exporters obligations under EPCG authorizations 1.The undersigned is directed to say that as a part of further rationalizing procedures and avoiding duplication of work based on feedback on outcomes of applying extant procedures, taking into account the conditions prescribed … Continue Reading →

Customs

Rationalization of procedures in handling exporters obligations under EPCG authorizations

October 18, 2016 NewsTaxIndia0 comments919 views

Customs

CBEC Exchange Rate Notification No 124/ 2016 – Customs (NT) 06-10-2016

October 7, 2016 NewsTaxIndia0 comments1198 views

CBEC Notification No 124/ 2016 – Customs (NT), Dated: October 6, 2016 In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Central Board of Excise and Customs No.121/2016-CUSTOMS (N.T.), dated … Continue Reading →

Customs

Guidelines for Prosecution for offences under Customs Law

October 4, 2016 NewsTaxIndia0 comments2016 views

Guidelines for Launching of Prosecution for offences under Customs Law CBEC vide Circular No. 46/2016-Customs, Dated: October 04, 2016 has amended Para 6 of the Board’s Circular No. 27/2015-Customs dated 23.10.2015 to include Gold among items in relation to which prosecution may preferably be launched immediately after … Continue Reading →

Customs

Clarification on Simultaneous issuance of Dual Benefit of Zero duty EPCG and SHIS

October 3, 2016 NewsTaxIndia0 comments931 views

Clarification on Simultaneous issuance of Dual Benefit of Zero duty EPCG and SHIS to exporters under the FTP 2009-14 – option providing flexibility to return either benefit. CBEC Circular NO 45/2016-Customs, Dated: September 23, 2016 Subject: Incorrect simultaneous issuance of dual benefit of Zero duty … Continue Reading →

Customs

Revised Monetary Limits for adjudication in Central Excise and Service Tax

September 30, 2016 NewsTaxIndia0 comments2865 views

CBEC Circular No. 1049/37/2016-CX F. NO. 267/40/2016-CX.8 dated 29th September, 2016 Sub: Revised Monetary Limits for adjudication of Show Cause Notice in Central Excise and Service Tax-reg. 1.Kind attention is invited to the following circulars issued by the Board regarding adjudication of cases in Central … Continue Reading →

Customs

Revised Monetary Limits for adjudication in Central Excise and Service Tax

September 30, 2016 NewsTaxIndia0 comments1610 views