Custom News

Guidelines for considering request for exemption from payment of Customs Duty

20 August 2014 at 18:20

Circular No. 09/2014 -Customs F. No. 460/04/2014 – Cus-VGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Excise & CustomsDated19th August, 2014 OFFICE MEMORANDUM Subject: Guidelines for considering request for exe

Posted in Custom | 2 comments | 16992 Views

Exchange Rate of Foreign Currency Relating to Imported and Export Goods Notified

22 November 2013 at 11:22

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in super session of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.109/2013-CUSTOMS (N.T.), dated the 7th

Posted in Custom | 7 comments | 22038 Views

Customs Duty on Articles of Jewellery and of Goldsmiths or Silversmiths' Wares Revised from 10 % to 15%

18 September 2013 at 11:20

As part of measures to contain the current account deficit, the customs duty on gold has been revised upwards periodically in the past two years. Prior to 17th January 2012, the import duty on standard gold (of purity 99.5% & above) was Rs. 300

Posted in Custom | 2 comments | 11334 Views

CBEC Extends 24x7 Customs Clearance Facility for Export Cargo from 1ST July, 2013

25 June 2013 at 16:50

Beginning 1st July, 2013, Customs clearance of all export goods will take place on 24x7 basis from four major Air Cargo Complexes/airports i.e., Bangalore, Chennai, Delhi and Mumbai. Thus, all exports including those made under export incentives sch

Posted in Custom | 1 comments | 13932 Views

CBIC determines rate of exchange of conversion of foreign currency w.e.f 17th May 2013

17 May 2013 at 11:13

Posted in Custom | 1 comments | 12822 Views

Highlights of Annual Supplement (2013-14) to the Foreign Trade Policy 2009-14 Announced by Shri Anand Sharma

18 April 2013 at 15:58

1. Measures to revive investors’ interest in SEZs. 1.1 A package of measures has been formulated to revive investors’ interest in SEZs and to boost exports. The salient features of the package are:- (i) In view of the acute difficu

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CBEC Offices to Remain open on 29th, 30th & 31st March, 2013

29 March 2013 at 11:32

Central Board of Excise and Customs (CBEC) Offices to Remain open on 29th, 30th & 31stmarch, 2013 ; Proposed Nationwide Strike by the Associations of Superintendents and Inspectors of Central Excise for 29th, 30th & 31s T March, 2013 Stand

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Rate of exchange of conversion of each of the foreign currency with effect from 17th November, 2012

17 November 2012 at 12:12

Posted in Custom | 19605 Views

Mandatory E-Payment of Customs Duty

07 September 2012 at 17:38

E-payment facility at Customs locations was introduced in 2007 and is available through more than one authorized bank at all major Customs locations having ICES facility. Though voluntary, the facility has been used by numerous importers. Besides

Posted in Custom | 13098 Views

Raids by DRI

06 September 2012 at 11:26

The Directorate of Revenue Intelligence (DRI) has conducted raids during the last three years and the current years. The mandate of the DRI is to investigate offences under the Customs Act, 1962 and the NDPS Act, 1985. The Directorate of has dete

Posted in Custom | 10542 Views