Clarification regarding Customs (Import of Goods at Concessional Rate of Duty) Amendment Rules, 2021

The Directorate General of Systems, CBIC, is in the process of automating and facilitating online submission of compliances prescribed in the rules through the ICEGATE portal, thereby obviating the need for furnishing paper based documents …

The Ministry of Finance exempts customs duty medical oxygens, vaccines for 3 months.

The Centre also directed customs officials to clear all import consignments, including life-saving drugs and oxygen equipment, used in COVID treatment on the highest priority.

The Customs (Verification of Identity and Compliance) Regulations, 2021.

The Customs (Verification of Identity and Compliance) Regulations, 2021 which shall be applicable to class of persons who are newly engaging in import or export or customs broker activity after the commencement of these regulations.

Department of revenue amends standard rate of customs duty

The duty rate of item covered under S. No. 515B of the table in notification dated the 30th June, 2017 is altered to “5%” in public interest.

CBIC notifies the procedure for Inspection of ICDs/CFSs/ AFSs.

The first inspection shall be completed by December 31, 2020 and after the inspection, remedial actions shall be taken for the deficiencies, wherever required.

CBIC allows the facility of Auto Let Export Order under the Express Cargo Clearance System.

The RMS either facilitates or interdicts a Courier Shipping Bill (CSB) as per risk and the goods that are being exported through the RMS system by way of x-ray scanning, shall be automatically given Let …

CBIC extends the Rebate of State and Central Taxes and Levies scheme from 30th march 2020 to 30th March 2021.

The export of goods under the RoSCTL scheme where the order permitting clearance and loading of goods for exportation has been made on or after the 7th March 2019 and till 31st March 2021 or …

The Central Government amends exemptions of duty credit scrip on exports under RoSCTL

The Central Government has extended the benefits available under customs duty exemption against Scrips issued by the Regional Authority under the Scheme for Rebate of State and Central Taxes and Levies (RoSCTL) Scheme. Prior to …

CBIC amends Customs Circular on Guidelines for Provisional Assessment of Duty

The Circular, inter alia, states that Authorised Economic Operator (AEO)- T3 are required to furnish 0% of differential duty as security for provisional assessment. This includes cases referred to Special Valuation Branch (SVB), those cases …

CBIC notifies dates for relaxation of deadlines under certain Indirect Tax Laws

According to the present notification, 30th December 2020 shall be the last date for completion or compliance of the actions under the Customs Act, 1962, the Customs Tariffs Act, 1975 or Chapter V of the …

Fill in the form

    Labour LawsEnvironment, Health and SafetyDirect Tax lawsIndirect tax laws (GST/ Customs / VAT)Corporate Laws (Company Law, SEBI & FEMA)Food Safety LawsFinancial Service sectorInsurance SectorHealthcare SectorOther ancillary laws

    Do you want GST Refund ?

      Get In Touch

        Get Bulk Subscription