Custom Articles

CBIC launches Compliance Information Portal (CIP)

CS Lalit Rajput 14 August 2021 at 09:09

CIP will provide free access to information on all Customs procedures and regulatory compliance for nearly 12,000 Customs Tariff Items. It will also provide knowledge of all import and export related requirements.

Posted in Custom | 1872 Views

CBIC Abolishes Licence Renewal Requirement For Customs Brokers, Authorized Carriers

CS Lalit Rajput 26 July 2021 at 09:32

The net effect of the amendments carried out is that the existing licenses/registration would have a lifetime validity and also allowed a licensee/registration holder to voluntarily come forward to surrender the same.

Posted in Custom | 1737 Views

ICEGATE - Filing of Bill of Entry

CA Sapna Ghelani 02 March 2021 at 09:52

ICEGATE enables the Electronic filing of a Bill of Entry (declaration of import). One of the major benefits of using ICEGATE is that it provides digital security.

Posted in Custom | 1 comments | 25137 Views

Import of Drugs and Excipients in India

CS M Pota 27 February 2021 at 09:45

The objective of the drug regulatory system in the country is to ensure the availability of safe, effective and quality drugs, cosmetics and medical devices based on scientific excellence and best possible regulatory practices.

Posted in Custom | 3543 Views

Relaxed AEO accreditation for MSMEs - Relaxations in requirements

Lekhraj sood 09 January 2021 at 09:32

In this article, an attempt is made to explain the modified requirements to enable MSMEs to avail the benefits of Authorized Economic Operator ( AEO) scheme.

Posted in Custom | 1515 Views

Welcome 2021 - Welcome Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme

Lekhraj sood 02 January 2021 at 10:11

Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme Launched and has come into effect from 1st January 2021. This scheme will replace the existing MEIS scheme.

Posted in Custom | 5865 Views

FAQs on - Manufacture and Other Operations in Customs Warehouse

Lekhraj sood 30 October 2020 at 15:43

CBIC has launched a revamped and streamlined program to attract investments into India and strengthen Make in India. CBIC has gathered certain queries through trade consultations which have been consolidated and answered in this article.

Posted in Custom | 1869 Views

Rule of Origin and CAROTAR 2020 Rules

Megha Sharma 15 October 2020 at 10:13

The CAROTAR 2020 Rules have come into force from 21.09.20. These will help the importer ascertain the country of origin, properly claim the concessional duty and assist customs authorities.

Posted in Custom | 1 comments | 5871 Views

Faceless Assessments under Customs from 1st November,2020

Lekhraj sood 08 September 2020 at 09:43

By 31st October 2020 the faceless assessment process will be implemented in all the custom ports under the next generational Turant Customs programme

Posted in Custom | 3456 Views

Customs (Administration of Rules of Origin under Trade Agreements) Rules, 2020

CS Tanveer Singh Saluja 22 August 2020 at 15:36

The Ministry of Finance in exercise of the powers conferred by section 156 read with section 28DA of the Customs Act, 1962 vide its Notification No. 81/2020-Customs (N.T.) dated 21st August, 2020 has notified Customs (Administration of Rules of Origin under Trade Agreements) Rules, 2020

Posted in Custom | 2349 Views