Custom Articles

Customs Authorized economic operator program

RAJNISH KUMAR 20 September 2017 at 10:53

AEO APPLICABLITY, BENIFITS, VALIDITY,RENEWAL, TYPES

Posted in Custom | 4731 Views

Abolishment of IEC under GST

Anjali Gorsia 16 June 2017 at 11:01

IEC TO BE ABOLISHED; GSTIN TO BE IN FUTURE..... In this article author discuss the change in IEC with the introduction of GST w.e.f. (the notified

Posted in Custom | 4 comments | 36684 Views

Guidelines for launching of prosecution by custom department

MOHAN ARYA 10 March 2017 at 11:20

The earlier stage of prosecution guidelines of 1999 as well as the new prosecution guidelines issued in 2015 contain various references to avoid any undue delay..

Posted in Custom | 3843 Views

Comedy of corruption! The curious case of Sale Tax Department

CA Saurav Somani 24 February 2017 at 12:15

Comedy of corruption! The curious case of Sale Tax Department

Posted in Custom | 21 comments | 19329 Views

Recovery of Drawback claimed, on non realization of export proceeds

Bimal Jain 14 December 2016 at 11:11

Rule 16A is a clarificatory provision clarifying the position of law which already exists in the form of Section 75 under the Customs Act and therefore, will have retrospective effect.

Posted in Custom | 3171 Views

Relaxation for Warehousing provision to EOUs on imported goods w.e.f 13th August 2016

CA Prakash N 22 August 2016 at 10:48

CBEC has issued Notification No. 44/2016-Customs and Circular No 35/2016-Customs dated 29.7.2016 to amend 52/2003 to revise Warehousing Procedure

Posted in Custom | 5097 Views

The intention of levying Special Additional Duty (�SAD�) of Customs also known as Counter Value Duty (�CVD�) U/s 3(5) of the Custom Tariff Act is to encourage domestic market and counter balance local sales tax/ Value Added Ta

Posted in Custom | 7 comments | 15117 Views

Customs Valuation - Significant amendments in SVB procedures

Yash Goyal 15 February 2016 at 10:47

Dear readers,There has been a significant change in the import procedure to be followed in case of imports from related parties. I have discussed the said change in this article. Trust the same is useful for reference. Customs Valuation - Significant

Posted in Custom | 13530 Views

Export promotion capital goods scheme (EPCG)

Harshal Fifadra 29 September 2015 at 10:37

EPCG Scheme was one of the export-promotion initiatives launched by the government in the early �90s. The import duty on capital goods like all other items was high during that period, in

Posted in Custom | 9 comments | 17988 Views

Types of duties under customs

CMA Poornima Madhava 11 June 2015 at 11:04

Various duties under Customs can be levied on almost all imports whereas only few goods are subject to export duty. Let us understand different types of duties under Customs Law for the purpose of import of goods.Let us study each of the above in det

Posted in Custom | 18 comments | 114585 Views