Custom Articles

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.

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

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

In-Bond Manufacturing Scheme| Section 65 of Customs Act, 1962

CA.KIRANKUMAR R N 11 August 2020 at 09:57

Central Board of Indirect Taxes (CBIC) is allowing import of raw materials and capital goods without payment of duty for manufacturing and other operations in a bonded manufacturing facility

eSanchit application For Import Export (IEC) Users on ICEGATE Portal

CA.KIRANKUMAR R N 04 August 2020 at 10:51

Q: What is eSanchit application?The Central Board of Indirect Taxes & Customs (CBIC) has launched eSanchit (e-Storage and Computerized Handling of Indirect

All about SEZ Online

Ritika Agarwal 15 July 2020 at 14:59

SEZ online is one of the several initiatives taken by the government to reduce physical interaction, to reduce paper, to bring in transparency in the system, and to improve export-oriented business inside the SEZ using modern technology.

Complete Guide to Custom Exchange Rate

Ritika Agarwal 09 July 2020 at 14:57

The custom exchange rate is used in filing the shipping bill and bill of entry. The exchange rate is the value of one country's currency in relation to author currency.

ICEGATE | E-commerce Portal for Indian Customs

Aishna Kukreja 03 June 2020 at 11:46

ICEGATE Portal is an e-commerce portal for Indian Customs. ICEGATE stands for Indian Customs and Central Excise Electronic Commerce/Electronic Data Interchange (EC/EDI) Gateway.

Special procedures under investigations by SVB

Jeevesh Mehta 27 April 2020 at 10:48

To curb the loss of revenue the authorities developed a Specialized Investigation Branch of Customs. This branch of customs is called "SPECIAL VALUATION BRANCH OF CUSTOMS (S V B)".

Summary of custom notifications issued in the month of May'19

Madhukar N Hiregange 07 June 2019 at 11:11

1. RATE OF EXCHANGE OF CONVERSION INTO INDIAN CURRENCY OR VICE VERSA WITH EFFECT FROM 3rd MAY, 2019 TO 16th MAY 2019 (Notification No. 35/2019-Customs (N.T) dated 02.05.2019)