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CBEC reduces/ eliminates print-outs for customs clearance
Press Information BureauGovernment of IndiaMinistry of Finance28-November-2016 13:44 ISTEase of Doing Business further enhanced for the Importers and Exporters by reducing/eliminating physical print-o...
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Legal Provisions for Import of Pneumatic Tyres for Automotive Vehicles
Abbreviations UsedARAI:- Automotive Research Association of IndiaATMA:- Automotive Tyre Manufacturers AssociationBIS:- Bureau of Indian Standards (BIS)CBU:- Completely Built UnitCIRT:- Central Institu...
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Compliance for Import of Livestock & Livestock Products
Compulsory Compliance Requirement for Import of Livestock and Livestock Products1. Introduction1.1 The import of livestock and livestock products into India is regulated by the Livestock Importation A...
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DRI seizes Mandrax Tablets estimated to be of over Rs. 3000 crore
CBECPress Release on Udaipur ‘Mandrax Tablets’ seizure by DRI Dated : 02.11.2016 In one of the biggest seizure of Narcotic Drugs & Psychotropic Substances, the officers of Directorate of Revenue Intel...
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DRI seizes 21 kg Gold & Cash of Rs 6.44 crore
Press Information BureauGovernment of IndiaMinistry of Finance17-October-2016Department of Revenue Intelligence (DRI) makes seizure of about Rs 12.91 crore including 21 kg Gold worth Rs. 6.47 crore, a...
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Single Window Concept in Indian Customs
All about Single Window Concept in Indian Customs 1. Introduction1.1. As you may be aware, Customs authorities are required to ensure compliance with several allied Acts in respect of import/export go...
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DRI seizes 21 kg Gold & Cash of Rs 6.44 crore
Press Information BureauGovernment of IndiaMinistry of Finance17-October-2016Department of Revenue Intelligence (DRI) makes seizure of about Rs 12.91 crore including 21 kg Gold worth Rs. 6.47 crore, a...
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Delayed, incomplete or incorrect filing of Import Manifest or Import Report
F.No.450/198/2015-Cus.IV Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs 227B, North Block New Delhi, the __ September, 2016 To, All Principal Chief Com...
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Advisory on the Rebate of State Levies on Textiles Scheme (ROSL)
Attention of all Exporters/ Customs brokers / members of Trade is invited to the scheme for implementation of Rebate of State Levies on textile garments (ROSL) notifed vide Notification Nos. 12020/03/...
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DRI busts racket involved in smuggling of around 7000 kg. gold
Press Information Bureau Government of India Ministry of Finance 19-September-2016 15:43 IST Directorate of Revenue Intelligence (DRI) busts a major gold smuggling racket involving smuggling of around...
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Advisory on Special Advanced Authorisation Scheme
Attention of Importers/Exporters/Trade/CBs is invited to CBEC Board Circular No. 37/2016-Cus dt.13th August 2016 on introduction of Special Advanced Authorisation Scheme in combination with AIR drawba...
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CVD Exemption to Importer
The Central Excise duties are duties on manufacture of goods. The Counter vailing duty (CVD) u/s 3(1) of customs Act, 1965 is a customs duty in disguise of central excise duty leviable on importer whe...
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CVD Exemption to Importer
The Central Excise duties are duties on manufacture of goods. The Counter vailing duty (CVD) u/s 3(1) of customs Act, 1965 is a customs duty in disguise of central excise duty leviable on importer whe...
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CBI court convicts DSP, CBI for evasion of customs duty
TWO YEARS RIGOROUS IMPRISONMENT TO TWO PRIVATE PERSONS AND A DSP OF CBI FOR EVASION OF CUSTOMS DUTY The Special Judge for CBI cases, Chennai has convicted Sh. G. Vinod Kumar Gollapudi & Sh. Natha Venk...
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Imprisonment to DSP of CBI in Custom Duty Evasion Case
TWO YEARS RIGOROUS IMPRISONMENT TO TWO PRIVATE PERSONS AND A DSP OF CBI FOR EVASION OF CUSTOMS DUTY The Special Judge for CBI cases, Chennai has convicted Sh. G. Vinod Kumar Gollapudi & Sh. Natha Venk...
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Indirect Tax Advance Ruling Scheme
50 FAQs on Indirect Tax Advance Ruling Scheme Q.1.What is the scheme of advance rulings? Ans. 1. Appreciating the need for foreign investors to be assured in advance of their likely indirect tax liabi...
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Rajya Sabha Passes Finance Bill 2016
Finance bill 2016 was presented in Lok Sabha by Finance Minister Shri Arun Jaitley on 29th February 2016 and same was approved by Lok Sabha with Amendments on 5th May 2016. The bill was first Presente...
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TARC Recommendations in four Reports submitted to Government
Press Information Bureau Government of India Ministry of Finance 10-May-2016 17:30 IST Recommendations of Tax Administration Reform Commission (TARC) in all the four Reports submitted to Government Th...
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CBEC launches Single Window Trade clearances (SWIFT)
Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs Press Release Date 01/04/2016 In line with the Budget announcement made by the Honourable Finance Minist...
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Customs SWIFT (Single Window Interface for Facilitating Trade) clearances
Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs Press Release Date 01/04/2016 In line with the Budget announcement made by the Honourable Finance Minist...