Category: Excise/Custom
Clarifications on the applicability of concessional duty under IGCR Rules, 2022 in certain instances F. No. 524/20/2024-STO(TU)Government of IndiaMinistry of FinanceDepartment of Revenue(Central Board of Indirect Taxes & Customs) North Block, New DelhiDated: 21.11.2024 Circular No. 26/2024-Customs ToAll Principal Chief Commissioners/Chief Commissioners of Customs/Customs (Preventive).All Principal Chief …
CBIC issues clarification on Insurance amount and Bond Value for Custom Cargo Service Providers CCSPs and validity of Bond for AEO-LO Circular No. 22 /2024-Customs File No. 520/32/2022-Cus-VIGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Indirect Taxes and CustomsCustoms Policy Wing Room No. 252A, North Block, …
DRI officers are “proper officers” and are competent to issue show cause notice u/s 28 the Customs Act, 1962 for custom duty recovery – Supreme Court In a recent judgment, Hon’ble Supreme Court has held that officers of Directorate of Revenue Intelligence, Commissionerates of Customs (Preventive), Directorate General …
Guidelines for Customs field formations in maintaining ease of doing business while engaging in investigation into tax evasion cases in import or export Instruction No.27/2024-Customs F. No. 394/39(14)/2018-Commr.(lnv.-Cus.)Government of IndiaMinistry of Finance,Department of RevenueCentral Board of Indirect Taxes and Customs(Investigation-Customs) New Delhi, 01 November, 2024 ToAll Principal Chief …
CBIC extends date to implement the Sea Cargo Manifest and Transshipment Regulations (SCMTR) 2018 at few ports MINISTRY OF FINANCE(Department of Revenue) New Delhi, the 30th October, 2024 Notification No. 74/2024-Customs (N.T.) G.S.R. 679(E).—In exercise of the powers conferred by section 157, read with sections 30, 30A, 41, …
Issuance of Equipment Type Approval (ETA) for License-Exempt Wireless Equipment Devices Instruction No. 24/2024-Customs F. No. 401/48/2022- Cus-IIIGovernment of IndiaMinistry of Finance, Department of Revenue,(Central Board of Indirect Taxes & Customs)*********** Room No. 229A, North Block, New DelhiDated: 22.10.2024 To All Principal Chief Commissioners/Chief Commissioners ofCustoms/Customs (Preventive)/Customs & …
ICES to be used at International Courier Terminals to process export related payments CBIC has extended export related payment benefits for exports made through courier mode. The courier import and export shipments are handled on the Express Cargo Clearance System (ECCS) for clearance at the notified International Courier …
Implicating Customs Brokers as co-noticee in a routine manner, in matters involving interpretation of statute, must be avoided – CBIC Customs Brokers’ Associations had given representations to CBIC in respect of implicating Customs Brokers as co-noticee in the show cause notices issued to importers/exporters in matters involving interpretative …
For imported goods, it is impossible to claim CENVAT credit and hence custom duty exemption can not be denied. Supreme Court dismissed SLP In a recent order, Hon’ble Supreme Court has dismissed Special Leave Petition (SLP) of the Custom/Excise Department against the order of the CESTAT holding that …
Sea Cargo Manifest and Transshipment (Third Amendment) Regulations, 2024 CBIC has notified phase-wise implementation of the Sea Cargo Manifest and Transshipment Regulations (SCMTR) vide Notification No. 57/2024-Customs (N.T.) dated 31st August, 2024. The SCMTR seeks to bring about transparency, predictability of movement, advance collection of information for expeditious …
