Custom News


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

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

   17 May 2013 at 11:13

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.52/2013-CUSTOMS (N.T.), dated the 2

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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

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.97/2012-CUSTOMS (N.T.), dated the 1st

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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

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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

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Rs. 86,000 Crore Indirect Tax Revenue Locked up in Litigation

   06 September 2012 at 11:26

An amount of Rs.86,000 crores indirect tax revenue of Central Board of Excise and Customs has been locked up in litigation. Success rate of departmental litigation in Courts and Tribunal during the last four years are as follows:-

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FM to Address Chief Commissioners/DGs of Customs, Excise & Service Tax Tomorrow

   27 August 2012 at 16:34

The Conference of the Chief Commissioners and Directors General of Customs, Central Excise and Service Tax will be held in New Delhi tomorrow. The Union Finance Minister, Shri P. Chidambaram will inaugurate the Conference and also interact with th

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Dispute Resolution and Tax-Payer Services through Indirect Tax Ombudsman, Delhi

   22 August 2012 at 11:11

OFFICE OF THE INDIRECT TAX OMBUDSMAN, DELHI (Customs, Central Excise & Service Tax) Department of Revenue Ministry of Finance, New Delhi F NO. Ombuds(Delhi)/Policy/1/2012 PUBLIC NOTIC No. 1/2012 Dt 21/08/2012 Subject: Dispute Resolution a

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