Custom News
Cabinet approves Agreement between India, UK and Northern Ireland on Customs Cooperation
29 April 2021 at 05:08The Agreement will help in the availability of relevant information for the prevention and investigation of Customs offences is also expected to facilitate trade and ensure efficient clearance of goods traded between the countries.
CBIC sets up a dedicated helpdesk to handle queries of Covid related Imports
26 April 2021 at 16:08Central Board of Indirect Taxes and Customs (CBIC) has set up dedicated helpdesk to handle queries related to Covid related Imports and handhold the trade, industry and individuals for expeditious customs clearance.
Basic customs duty & health cess to be waived off on oxygen & oxygen related equipment
24 April 2021 at 15:09PM chairs a high-level meeting on measures to increase the supply of oxygen & oxygen related equipment. Covid related vaccines to be exempted from basic customs duty. These measures will boost the availability of these items as well as make them cheaper.
Custom officials seized Rs 98 crore heroin at IGI Airport
16 April 2021 at 05:14The recovered goods and concealing & packing materials were seized under Section 43 of the NDPS Act, 1985 for violation of Section 8 and 23 of the Act ibid as these were found to be liable for confiscation under Section 60 of the NDPS Act, 1985.
CBIC amends Tariff Value of Certain Goods vide Notification No. 42/2021
15 April 2021 at 22:08Tariff Notification No. 42/2021-Customs (N.T.) in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver.
CBIC determines rate of exchange of foreign currencies w.e.f 16th April 2021
15 April 2021 at 22:00CBIC determines the rate of exchange of conversion of each of the foreign currencies specified in column (2) of each of Schedule I and Schedule II annexed hereto, into Indian currency or vice versa, with effect from 16th April 2021.
CBIC notifies rules for Verification of Identity via Customs (Verification of Identity and Compliance) Regulations, 2021
06 April 2021 at 05:14CBIC has notified certain rules for Verification of Identity. The outcome of the verification of identity shall be captured in the Customs Automated System and informed to the person verified.
CBIC amends exchange rate vide notification No. 40/2021 - Customs (N.T.)
01 April 2021 at 19:12CBIC determines the rate of exchange of conversion of each of the foreign currencies specified in column (2) of each of Schedule I and Schedule II annexed hereto, into Indian currency or vice versa.
CBIC extends waiver of penalty for non-compliance of dynamic QR code requirements for B2C transactions
31 March 2021 at 05:11Government, on the recommendations of the Council, hereby makes amendments in notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 89/2020 – Central Tax, dated the 29th November, 2020
CBIC notifies a Common Customs Electronic Portal
30 March 2021 at 05:08Central Board of Indirect Taxes and Customs hereby notifies the common portal accessible through uniform resource locator (URL) https://www.icegate.gov.in as the Common Customs Electronic Portal for facilitating various GST services.
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