customs Archives - NewsTaxIndia

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

November 3, 2016 NewsTaxIndia0 comments1326 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 comments1589 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 comments1121 views

Customs

Rationalization of procedures in handling exporters obligations under EPCG authorizations

October 18, 2016 NewsTaxIndia0 comments842 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 comments970 views

Customs

Frequently asked questions on Customs Bonded Warehouses

September 15, 2016 NewsTaxIndia0 comments922 views

Frequently asked questions on Customs Bonded Warehouses Source: http://www.cbec.gov.in/ (Download) (“Frequently Asked Questions” has been drafted to facilitate understanding of customs bonded warehousing facilities by bringing together provisions of Chapter IX of the Customs Act, Notifications, Regulations and circulars issued thereunder. These answers have been paraphrased … Continue Reading →