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Electronic Cash Ledger (ECL) Implementation for Courier Imports, Effective March 1, 2024
The Ministry of Finance has announced the implementation of the Electronic Cash Ledger (ECL) for the payment of import duties on goods imported through Courier Mode, effective from March 1st, 2024. Th...
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Advisory for Electronic Cash Ledger (ECL 2.0) on ICEGATE
On January 13, 2024, the Directorate General of Systems and Data Management, under the Central Board of Indirect Taxes & Customs, issued a crucial advisory through ICEGATE. This advisory addresses the...
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ICEGATE Advisory for E-scrip to avail Export Incentive Schemes (RoSCTL, RoDTEP)
Unlocking export incentives has never been more accessible with the Directorate General of Systems and Data Management’s latest advisory. Dated January 5th, 2024, Advisory No: 06/2021 introduces expor...
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Revolutionizing E-Commerce Exports: India’s Innovative Customs Initiatives
Introduction: In a dynamic era where global commerce is increasingly driven by digital innovation, India’s Customs department has embarked on a transformative journey, introducing a series of pioneeri...
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Streamlining Litigation: CBIC’s ICT Initiative to Cut Delays
Introduction: In 2021, the Central Board of Indirect Taxes and Customs (CBIC) faced setbacks as 27 cases were dismissed by the Supreme Court due to delays in filing, resulting in costs imposed in thre...
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New Shipping Bill Check: Impact on CIF and FOB Values
On the 6th of October 2023, the Directorate General of Systems and Data Management, under the Central Board of Indirect Taxes & Customs, issued an advisory for the trade community. This advisory conce...
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CBI Arrests Inspector for Bribery at Mundra Port
Introduction: On September 15, 2023, the Central Bureau of Investigation (CBI) made significant arrests in a bribery case involving a former Inspector and Dock Examiner at Mundra Port, Gujarat, who cu...
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India-Bangladesh 14th JGC Meeting Boosts Customs Cooperation
Discover the highlights of the 14th Joint Group of Customs (JGC) meeting between India and Bangladesh, which took place in New Delhi on August 21st and 22nd, 2023. This annual meeting plays a crucial...
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CBI Cases: Superintendent of Customs & Companies Under Scrutiny
Introduction: The Central Bureau of Investigation (CBI), one of the premier investigative agencies in the country, has embarked on another notable investigation. This time, the key figure under the sc...
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Advisory on Regularisation of Bills of Entry: Customs (Waiver of Interest) Third Order
The Directorate General of Systems and Data Management, under the Central Board of Indirect Taxes & Customs, has issued an important advisory regarding the Customs (Waiver of Interest) Third Order, 20...
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CBIC releases National Time Release Study (NTRS) 2023 report
Introduction: The Central Board of Indirect Taxes and Customs (CBIC) has published the National Time Release Study (NTRS) 2023 report, which evaluates the performance of cargo release times at Indian...
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CBI Arrests Arrests Customs Officers in Mumbai
On June 6, 2023, the Central Bureau of Investigation arrested two Deputy Commissioners of Customs in Mumbai, allegedly involved in a syndicate misusing ‘Transfer of Residence’ provision under the Cust...
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Advisory to all ECL users for PAN merger with ICEGATE ID on ICEGATE
Directorate General of Systems and Data Management CENTRAL BOARD OF INDIRECT TAXES & CUSTOMS Date: 26th May 2023, Category: Customs, Issued by: ICEGATE Subject: Advisory to all ECL users for PAN merge...
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CBIC clarified on Electronic Cash Ledger raised by EXIM Trade/Customs Brokers
The CBIC based upon various queries related to Electronic Cash Ledger, raised by the EXIM Trade / Customs Brokers, certain issues have been clarified. Query : If custom duty amount is not integrated i...
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CBI Arrests A Customs Superintendent & An ACIT
Central Bank of India CBI ARRESTS A SUPERINTENDENT OF CUSTOMS FOR ACCEPTING BRIBE OF RS.50,000/- The Central Bureau of Investigation has arrested a Superintendent of Customs, Kolkata for demanding & a...
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Electronic Cash Ledger (ECL) mandatory with effect from 01 April 2023
The Central Board of Indirect Taxes and Customs (CBIC), issued a Circular No. 09/2023 – Customs, dated 30 March 2023 to clarify on phased implementation of Electronic Cash Ledger (ECL) with effect fro...
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Customs duty exemption on drugs & Food for personal use for treatment of Rare Diseases
Customs duty full exemption for all imported drugs & Food for Special Medical Purposes for personal use for treatment of all Rare Diseases The Central Government has given full exemption from basic cu...
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Customs field formations and DRI keep constant vigil to deter smuggling of gold and drugs
The Directorate of Revenue Intelligence (DRI) celebrated its 65th Founding Day on 5th December 2022 in an Inaugural Function held in New Delhi. This was stated by Union Minister of State for Finance S...
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Export duty removal on steel will strengthen steel sector
The removal of export duties on steel and stainless steel will strengthen that sector of the economy: Jyotiraditya Scindia Says, Government keen to increase demand for steel by enhancing capital infra...
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Government withdraws export duty on Steel
The Central Government has restored the status quo as was prevailing prior to 22nd May,2022 and withdrawn the export duty on iron ores lumps & Fines below 58% Fe content, iron ore pellets and the spec...