Custom Articles

Types of duties under customs

Posted by CMA Poornima Madhava 11 June 2015 119110 Views

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

Benefit to exporters under foreign trade policy 2015-2020

Posted by CA. SRIKANTHA RAO T 15 May 2015 23225 Views

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

Baggage Rules

Posted by CMA Poornima Madhava 30 January 2021 222168 Views

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

Make in India programme- Amendment in Customs Needed

Posted by CA Monalisa khuntia 28 October 2014 19682 Views

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

Concept of Duty Drawback

Posted by CA Monalisa khuntia 14 October 2014 344611 Views

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

A Brief synopsis on Export Oriented Units

Posted by CA Nischal Agarwal 13 August 2014 11668 Views

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

Proposed Section 35F - Implications & Queries

Posted by Anandaday Misshra, Advocate 25 July 2014 18771 Views

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

No time limit for SAD Refund

Posted by Sandeep garg 08 July 2014 32170 Views

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

Introduction of Self-assessment of Goods under Customs

Posted by Pradeep Jain 05 March 2011 17742 Views

Introduction of Self-assessment of Goods under Customs Prepared By: CA Pradeep Jain and Sukhvinder Kaur, LLB[FYIC] The Finance Minister has in Budget 2011-12 proposed to introduce self-assessment in Customs. In it speech the Finance Minister h