Category Archives: Custom

Validity of Import licenses of plastic/ PET scrap issued under previous Hazardous Waste Rules 2008

By CA Satbir Singh | October 1, 2016

Instruction F.No. 401/26/2014-Cus.-III(Pt.) Government of India Ministry of Finance (Department of Revenue) Central Board of Excise & Customs, New Delhi North Block, New Delhi Dated 30th September, 2016 To, All Principal Chief Commissioners/Chief Commissioners of Customs/Customs (Preventive), All Principal Chief Commissioners/Chief Commissioners of Customs & Central Excise, All Principal Commissioners/Commissioners of Customs/Customs (Preventive), All Principal Commissioners/Commissioners… Read More »

Change in Tariff value of crude Palm Oil, RBD Palm Oil, others

By CA Satbir Singh | October 1, 2016

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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 (all Grades), Poppy Seeds, Areca Nuts, Gold and Silver notified In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52… Read More »

Govt Reduced import duty on potatoes ,wheat ,palm oil

By CA Satbir Singh | September 24, 2016

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Seeks to further amend notification No.12/2012-Customs dated the 17th March, 2012, so as to: 1. Reduce import duty on potatoes from 30% to 10% up to 31.10.2016. 2. Reduce import duty on wheat from 25% to 10% up to 29.02.2017. 3. Reduce import duty on palm oil from 12.5% to 7.5% for crude palm oil… Read More »

CBEC Classification of inorganic chemicals – mono potassium phosphate,calcium nitrate,potassium magnesium phosphate as fertiliser

By CA Satbir Singh | September 24, 2016

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F.NO. 528/79/2016-STO (TU) Government Of India Ministry Of Finance Department Of Revenue Central Board of Excise and Customs (Tariff unit) **** North Block, New Delhi 2nd September, 2016 To, All Principal Chief Commissioners Customs/All Principal Chief Commissioners of Customs and Central Excise, All Chief Commissioners of Customs/Chief Commissioners of Customs & Central Excise, All Directors… Read More »

South African Rand Exchange Rate w.e.f 23.09.2016

By CA Satbir Singh | September 23, 2016

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GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF EXCISE AND CUSTOMS) Notification No. 122/2016 – Customs (N.T.) Dated the 22nd September, 2016 In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby makes the following amendments in… Read More »

Setting up of Clearance Facilitation Committee for Land Customs Stations and Inland Container Depots

By CA Satbir Singh | September 23, 2016

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F. No. 450/115/2016-CUS.-IV Govt. of India Ministry of Finance Department of Revenue Central Board of Excise & Customs Circular No. 44/2016 – Customs New Delhi, dated the 22nd September, 2016 To, All Principal Chief Commissioners/ Chief Commissioners of Customs, All Principal Chief Commissioners/Chief Commissioners of Customs & Central Excise, All Directors General, All Principal Commissioners/Commissioners… Read More »

GST Overview as per FAQ’s on GST by CBEC

By CA Satbir Singh | September 22, 2016

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Overview of Goods and Services Tax (GST) Q 1. What is Goods and Service Tax (GST)? Ans. It is a destination based tax on consumption of goods and services. It is proposed to be levied at all stages right from manufacture up to final consumption with credit of taxes paid at previous stages available as… Read More »

Appeals and Litigation in Indirect Tax -Book- 2016

By CA Satbir Singh | September 19, 2016

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Appeals and Litigation in Indirect Tax (English) (Paperback, CA Avinash Poddar) BUY Feature of Appeals and Litigation in Indirect Tax (English) (Paperback, CA Avinash Poddar) Language: English Binding: Paperback Publisher: Wolters Kluwer Genre: Others ISBN: 9789351296775, 9351296776 Publication Year 2016

New Import policy for Marble and Travertine Blocks

By CA Satbir Singh | September 18, 2016

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New Import policy for Marble and Travertine Blocks The Department of Commerce, Ministry of Commerce and Industry, Government of India has notified the new import policy for Marble & Travertine Blocks, and Marble and Granite Slabs, to come into effect from 1st October 2016. Read Import Policy of Rough Marble and Travertine Blocks Marble and Travertine… Read More »

Form ARE-2 Amended by CBEC

By CA Satbir Singh | September 17, 2016

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Seeks to amend Form ARE-2-reg GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) NOTIFICATION No. 44/2016- Central Excise (N.T.) New Delhi, the 16th September, 2016 G.S.R. (E). – In exercise of the powers conferred by rule 18 of the Central Excise Rules, 2002, the Central Government being satisfied that it is necessary in public… Read More »