Tag: custom circular

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, …

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 …

DGFT has issued latest guidelines for import of Pet Animals (cats/dogs) Directorate General of Foreign Trade has issued a Trade Notice giving the latest import policy provisions for ‘other’ mammals including pet animals (cats/dogs) as under: ITC (HS) Item Description Import Policy Policy Condition Policy Condition (6): Import …

CBIC issues guidelines on extension of customs clearances beyond normal working hours in Inland container depots CBIC has considered the representations of the trade for extension of the facility of 24×7 Customs clearance to ICDs across the country. The CBIC has advised all the Pr. Chief / Chief …

  CBIC notifies Shipping Bill (Post export conversion in relation to instrument based scheme) Regulations, 2022   GOVERNMENT OF INDIAMINISTRY OF FINANCEDEPARTMENT OF REVENUE(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No.11/2022-Customs (N.T.)   New Delhi, the 22nd February, 2022   G.S.R.(E).—In exercise of the powers conferred by …

  Clarification regarding applicability of Social Welfare Surcharge on goods exempted from basic and other customs duties/cesses Circular No. 3/2022-Customs   F. No. CBIC-190354/262/2021-TRU Section-CBEC   Government of India Ministry of Finance Department of Revenue (Tax Research Unit)***** Room No. 156, North Block New Delhi, dated the 1st …

Pr. Commissioners/Commissioners of Customs to decide the amount  of security required in certain cases of provisional assessments Circular No. 19/2021-Customs F. No. 15021110/2020-ICD-CBECGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Indirect Taxes and Customs   North Block, New DelhiDated .16th August, 2021 To,All Principal Chief Commissioners/Chief Commissioners …

De-notification of Inland Container Depots/Container Freight Stations/Air Freight Stations Providing relief to custodians of Inland Container Depots (ICDs) and Container Freight Stations (CFSs) across the country, the CBIC today streamlined the procedure of closure of these facilities in maximum of four months only. No timeline was specified earlier. …

CBEC abolishes renewals of Licence/Registration in Customs Brokers Licensing Regulations, 2021 and Sea Cargo Manifest and Transhipment Regulations, 2018 to Reduce the compliance burden for citizens and business activities. CBIC has undertaken a series of next generation reforms under the umbrella of ‘Turant Customs’ initiative to enable Faceless, …

Implementation of 2nd Phase of RMS for processing of Duty Drawback claims Risk Management System (RMS) in export was introduced with effect from 15.7.2013.by CBEC Circular No. 23/2013-Customs dated 24.06.2013. At that time it had been decided to implement RMS in export in two phases. In the first …