LEGAL MAXIMS AND PHRASES Introduction: A legal maxim or legal phrase elucidates or expounds a legal principle, proposition or concept. There are many legal maxims, which are commonly used. This chapter selectively seeks to explain some maxims/phrases, which are relevant to tax context. An attempt is made to not only state the legal principle signified… Read More »
Tariff value Notification in respect of Fixation of tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver Notification NO 04/2017-Cus (NT),dt. 13-01-2017 Press release Change in Tariff Value of Crude Palm Oil, RBD Palm Oil, Others – Palm Oil, Crude Palmolein, RBD Palmolein, Others – Palmolein, Crude Soyabean Oil, Brass Scrap… Read More »
Seeks to levy provisional ant-dumping duty on ‘Colour coated/pre-painted flat products of alloy or non-alloy steel’ originating in or exported from People’s Republic of China and European Union for a period of six months (unless revoked, superseded or amended earlier). Notification no 02/2017-Cus (ADD), dt. 11-01-2017
Regarding in amendment in Notification no. 131/2016-Customs (N.T.) dated 31.10.2016 relating to AIR of duty drawback Notification No 03/2017-Cus (NT),dt. 12-01-2017
Direct Tax and Indirect tax collection April 2016 to December 2016 Tax collection figures for the period April -December 2016 show a positive trend as Direct Taxes grow by 12.01% and Indirect Taxes grow by 25% over the corresponding period last year i.e. April-December 2015 Direct Tax and Indirect tax collection figures for the period… Read More »
PRE-BUDGET SUGGESTIONS 2017 Pre-Budget Memorandum, 2017-Indirect Taxes THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA NEW DELHI
Indian Customs Traveller Guide Mobile App for Baggage rules Download Indian Customs Traveller Guide Mobile App for Baggage rules for Android User Download Indian Customs Traveller Guide Mobile App for Baggage rules for Apple User Download Indian Customs Traveller Guide Mobile App for Baggage rules for Window User A simplified guide to Baggage rules applicable to passengers travelling by air. This… Read More »
Seeks to levy definitive anti-dumping duty on import of ‘Jute Products’ viz. Jute Yarn/Twine (multiple folded/cabled and single), Hessian fabric and Jute sacking bags from Bangladesh or Nepal for a period of five years (unless revoked, superseded or amended earlier) [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]… Read More »
Circular No. 1/2017-Customs F.No.450/101/2016-Cus-IV Government of India Ministry of Finance Department of Revenue (Central Board of Excise and Customs) Room 227B, North Block New Delhi, dated the 4th January, 2017 To, All Chief Commissioners of Customs / Customs (Preventive), All Chief Commissioners of Customs and Central Excise, All Principal/ Commissioners of Customs / Customs (Preventive),… Read More »
National Policy on Narcotic Drugs and Psychotropic Substances