CBEC Archives - NewsTaxIndia

CBEC Direction for Reducing / Eliminating Printouts in Customs Clearance

November 23, 2016 NewsTaxIndia0 comments1179 views

Reducing/eliminating printouts in Customs Clearance – Regarding CBEC CIRCULAR No. 55/2016-Customs, November 23, 2016 Government of India has taken-up a number of initiatives for promoting ‘Ease of doing business’. One of the ways to make cargo clearance easier is to reduce the use of … Continue Reading →

Customs

Deferred Payment of Import Duty Rules 2016 (w.e.f. 16-11-2016)

November 3, 2016 NewsTaxIndia0 comments1462 views

The Deferred Payment of Import Duty Rules, 2016 (Applicable w.e.f. 16-11-2016) CBEC Notification No. 134/2016-Customs (NT) dated 02-11-2016 In exercise of the powers conferred by the proviso to sub-section (1) of sections 47 and section 156 of the Customs Act, 1962 (52 of 1962), the … Continue Reading →

Customs

CBEC Circular On Clearance of Import of Metal Scrap Procedure

October 27, 2016 NewsTaxIndia0 comments1814 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 comments1247 views

Customs

Rationalization of procedures in handling exporters obligations under EPCG authorizations

October 18, 2016 NewsTaxIndia0 comments920 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 comments1024 views

Case Law Service Tax

Service Tax Cannot be Levied on Sale of Flats under Construction

September 30, 2016 NewsTaxIndia0 comments917 views

Delhi High Court: Service Tax Cannot be Levied on sale of Flats under construction when value of Land is also included in the price of Flats Suresh Kumar Bansal vs Union Of India & Ors. on 3 June, 2016 IN THE HIGH COURT OF DELHI … Continue Reading →

Central Excise

Rebate of Duties Paid on Raw Materials Used in Manufacture of Export Goods

September 17, 2016 NewsTaxIndia0 comments823 views

Rebate of Duties Paid on Raw Materials Used in Manufacture of Export Goods; CBEC Circular No. 1047/35/2016-CX dated 16-09-2016 Subject: Rebate of duties paid on raw materials used in manufacture or processing of export goods and admissibility of duty drawback in such cases – … Continue Reading →

Central Excise

Rebate of Duties Paid on Raw Materials Used in Manufacture of Export Goods

September 17, 2016 NewsTaxIndia0 comments795 views