India has developed an Authorized Economic Operator (AEO) Programme consistent with World Customs Organization (WCO) SAFE Framework of Standards. The trade supply chain has become extremely complicated and vulnerable to external threats which led
Central Board of Excise and Customs (CBEC), Department of Revenue, Ministry of Finance vide its Notification No. 49/2012-CUSTOMS (N.T.) dated 07th June,2012 hereby determines that the rate of exchange of conversion of each of the foreign currency
Central Board of Excise and Customs (CBEC), Department of Revenue, Ministry of Finance has issued a Notification No.24/2012-Customs (N.T.) dated March 22, 2012 and thereby notifying change in tariff value of Gold as shown in the tables below: &l
Users can now avail facility of e-Payment through ICEGATE for all Custom Locations from any of the Authorized Banks w.e.f. 16th Jan, 2012
Introduction of a Legislative Amendment Bill to amend the Customs Act, 1962 (52 of 1962) with retrospective effect to validate Show Cause Notices issued for demand of Customs duty The Union Cabinet today gave its approval for in
The government today announced special custom duty exemptions to the newspaper and magazine publishing industry in the country. These concessions have been announced in view of the current economic slowdown particularly affecting the newspaper indust
The Central Board of Excise & Customs (CBEC) has exceeded its target in recovering arrears of revenue fixed for the financial year 2007-08. As against the target of Rs. 3550 crore, the department has collected Rs. 5035 crore, which is 42% higher
The Finance Ministry has provided additional time for payment of Central excise duty under the e-payment route. This is being seen as the Government's attempt to encourage central excise assessees to go in for e-payment of duties.Central excise asses
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