Custom Articles

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 |   13762 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 |   18300 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 |   118435 Views

Benefit to exporters under foreign trade policy 2015-2020

  CA. SRIKANTHA RAO T    15 May 2015 at 10:54

By CA Srikantha Rao TThe Foreign Trade Policy 2015-2020 effective from 1st of April 2015 provides quite a few incentives to exporters of goods and services in India considering the �Make In India� initiative of the Central Government. Two

Posted in Custom  5 comments |   23055 Views

Baggage Rules

  CMA Poornima Madhava    17 March 2015 at 10:41

Baggage RulesWhat is meant by Baggage? It is the luggage of the passenger travelling by air or sea from one country to another It also means all dutiable goods imported by a passenger or a member of crew in his/her baggage Baggage INCLUDES unaccompan

Posted in Custom  16 comments |   218948 Views

Make in India programme- Amendment in Customs Needed

  CA Monalisa khuntia    28 October 2014 at 10:39

Make in India programme- Amendment in Customs Needed-CA. Madhukar N. Hiregange-CA. Monalisa KhuntiaIntroduction:The new government has acknowledged the importance of manufacturing in India by initiating the Make in India programme/ camp

Posted in Custom  4 comments |   19566 Views

Concept of Duty Drawback

  CA Monalisa khuntia    14 October 2014 at 10:43

Concept of Duty Drawback-By CA. Monalisa Khuntia IntroductionDuty Drawback has been one of the popular and principal methods of encouraging export. It is a relief by way of refund/ recoupment of custom and excise duties paid on inputs or raw material

Posted in Custom  12 comments |   343410 Views

A Brief synopsis on Export Oriented Units

  CA Nischal Agarwal    13 August 2014 at 10:37

Brief Highlights about EOU An EOU is basically an Export Oriented units which can be set up in the declared ‘warehouse stations’ in India. There are almost 300 such warehouse stations. EOU units are very closely connected with Customs Law

Posted in Custom  1 comments |   11499 Views

Proposed Section 35F - Implications & Queries

  Anandaday Misshra, Advocate    25 July 2014 at 13:20

The proposed Section 35F compels an assessee to have endless thoughts and hence I have tried to deal with some of them as below: Query 1(a) Whether an assessee is supposed to file a stay application along with an appeal before CESTAT? Answer: Yes, it

Posted in Custom  1 comments |   18652 Views

No time limit for SAD Refund

  Sandeep garg    08 July 2014 at 12:22

SONY INDIA PVT LTDVS.THE COMMISIONER OF CUSTOM, NEW DELHI(In the High Court of DELHI) SAD Refund: Limitation Period is not applicable. Statutory provisions: According to Notification No: 102/2007-Customs, a trader is allowed refund of SAD (i

Posted in Custom  3 comments |   31999 Views