Custom Articles


Importation of Good in India

  CA. Sakshi Singh    25 September 2018 at 11:05

Globalisation refers to the growing economic interdependence of countries across the globe through the increasing volume and variety of cross-border transactions in goods and services and of international capital flows, and also through the more rapid and widespread diffusion of technology. Its majo..

Posted in Custom  1 comments |   1433 Views



e-SANCHIT Under Customs - A Brief Note

  PRABHAKAR KS    29 January 2018 at 11:16

The Central Board of Excise & Customs (CBEC) has launched e-SANCHIT on a pilot basis from 20th October 2017 for paperless processing, uploading of supporting documents, to facilitate the trading across Borders. The 'India Customs Single Window' allows importer..

Posted in Custom  1 comments |   1544 Views




## What is AEO (Authorized Economic Operator?) AEO is facilitation scheme i.e. holder of this certificate is entitled for certain privilege, benefits and exemption on account of import and export, In India, AEO certification is Three-Tier AEO (T1, T2, T3).This three tier certification is launched..

Posted in Custom |   741 Views



Abolishment of IEC under GST

  anjaligorsia    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 date.) IMPORT EXPORT CODE registration is required by a person for exporting or importing goods. It is a 10 digit code, which is PAN bas..

Posted in Custom  4 comments |   7816 Views




In pursuance of  Circular No. 27/2015-Customs dated 23.10.2015 (further amended vide Circular No. 46/2016-Customs dated 04.10.2016) and revising the guidelines issued vide order No.394/71/97-CU S (AS) dated 22.06.1999 by Custom department issue guideline for launching of prosecution in relation..

Posted in Custom |   598 Views




I hurried inside the elevator of the Sale Tax Department among others and breathed in the usual "fragrance" of tobacco and paan plastered colourfully on the door. My pocket felt heavy with currency notes which, by the time I would leave, would become considerably lighter! Perhaps yo..

Posted in Custom  21 comments |   6003 Views




We are sharing with you an important judgment of the Hon’ble Supreme Court of India, in the case of Surinder Singh Vs. Union of India [2016 (340) E.L.T. 97 (S.C.)] on the following issue: Issue: Whether Customs duty and Excise duty portion of drawback already claimed by the assessee can ..

Posted in Custom |   713 Views




Warehousing provisions relaxed for EOUs, STPIs, EHTPs etc. 1. Introduction Chapter 6 of the Foreign Trade Policy (FTP) provides for manufacture of goods and supply of services, including repair, re-making, reconditioning, re-engineering by Export Oriented Units (EOUs), Electronics Hardware Tec..

Posted in Custom |   1061 Views



Refund of SAD

  Baqar Abidi    20 May 2016 at 11:27

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 Tax (‘VAT’) leviable on like products at..

Posted in Custom  7 comments |   4076 Views




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 amendments in SVB procedures (Vide Cust..

Posted in Custom |   3704 Views





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