Custom News
Mandatory E-Payment of Customs Duty
07 September 2012 at 17:38E-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
Raids by DRI
06 September 2012 at 11:26The 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
Rs. 86,000 Crore Indirect Tax Revenue Locked up in Litigation
06 September 2012 at 11:26An 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:-
FM to Address Chief Commissioners/DGs of Customs, Excise & Service Tax Tomorrow
27 August 2012 at 16:34The 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
Dispute Resolution and Tax-Payer Services through Indirect Tax Ombudsman, Delhi
22 August 2012 at 11:11OFFICE 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
CBEC Issues Foreign Currency Conversion rate for Import and Export
17 August 2012 at 12:47In 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.67/2012-CUSTOMS (N.T.), dated the 1s
Postage stamp on custom to be released
26 July 2012 at 11:03For the First Time A Commemorative Postage Stamp and Coffee Table Book on Customs to be Released Tomorrow to Mark 50 Years of Achievements under the Customs Act 1962 The Union Minister of Communication & Information Technology Shri Kapil Sibal
CBIC determines rate of exchange of conversion of foreign currency w.e.f 20th July 2012
20 July 2012 at 18:15In 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.56/2012-CUSTOMS (N.T.), dated the
Chairman, CBEC Awards AEO Certificates and Launches CBEC'S Interactive Customs Tariff Website
19 July 2012 at 11:28India 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
CBIC determines rate of exchange of conversion of foreign currency w.e.f 8th June,2012
08 June 2012 at 12:40Central 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
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