Custom News

CBIC makes amendments vide Notification No. 04/2021

16 January 2021 at 08:03

Tariff Notification No. 04/2021-Customs (N.T.) in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver.

Posted in Custom | 2520 Views

The Customs Authority for Advance Rulings has started functioning at Delhi & Mumbai from 4/1/2021

06 January 2021 at 09:34

The Central Board of Indirect Taxes and Customs, via their official Twitter handle, has clarified that the Advance Rulings has started functioning at Delhi & Mumbai from 4th January 2021.

Posted in Custom | 1458 Views

Ministry of Finance releases the Customs Authority for Advance Rulings Regulations, 2021

05 January 2021 at 10:08

The Department of Revenue, Ministry of Finance has released the Customs Authority for Advance Rulings Regulations, 2021. Read the official announcement and provisions of the newly released Regulations here.

Posted in Custom | 2433 Views

RoDTEP Scheme gets implemented from 1st January 2021

02 January 2021 at 14:54

Taking a major step to boost exports, the Government has decided to extend the benefit of the Scheme for Remission of Duties and Taxes on Exported Products (RoDTEP) to all export goods with effect from 1st January 2021.

Posted in Custom | 7545 Views

Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme implemented

02 January 2021 at 10:34

The benefit of RoDTEP would be available subject to the conditions, restriction, exclusions, ineligibility, and fulfillment of the procedural requirements as notified.

Posted in Custom | 1707 Views

CBIC amends the Courier Imports and Exports (Electronic Declaration and Processing) Regulations, 2010

31 December 2020 at 12:39

The Central Board of Indirect Taxes and Customs has amended the Courier Imports and Exports (Electronic Declaration and Processing) Regulations, 2010. Read the official announcement and amendments made here.

Posted in Custom | 3873 Views

CBIC Bewares Taxpayers of Free Gifts and Huge Discounts

28 December 2020 at 10:51

CBIC, via their official Twitter handle, has bewared the taxpayers of Free Gifts and Huge Discounts and clarified that the Indian Customs never calls or sends messages for paying duty in a personal bank account.

Posted in Custom | 2643 Views

CBIC makes changes in the Customs Tariff Act

16 December 2020 at 10:27

CBIC has made changes in the Customs Tariff Act and Customs Tariff Rules, 1995, in the matter of anti-dumping duty on imports of “Dimethylacetamide”.

Posted in Custom | 1521 Views

CBIC releases New Exchange Rate for different countries w.e.f. 4th December 2020

04 December 2020 at 09:56

The Central Board of Indirect Taxes and Customs has specified a new rate of exchange for different countries relating to both, import and export of goods w.e.f 4th December 2020.

Posted in Custom | 3786 Views

CBIC makes changes in the Customs Act 1952 in respect of Fixation of Tariff Value

28 November 2020 at 10:12

Tariff Notification No. 109/2020-Customs (N.T.) in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver

Posted in Custom | 1461 Views