Category Archives: Custom

Exchange Rate of Foreign Currency w.e.f 06.07.18 for Imported and Export Goods

By | July 5, 2018

Ministry of Finance Exchange Rate of Foreign Currency Relating To Imported and Export Goods Notified Posted On: 05 JUL 2018 5:25PM by PIB Delhi In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Central Board of Indirect Taxes and Customs… Read More »

Exchange Rates for different Foreign Currencies Notified w.e.f 18.05.2018

By | May 17, 2018

Ministry of Finance Exchange Rates for different Foreign Currencies Notified Posted On: 17 MAY 2018 3:36PM by PIB Delhi In exercise of the powers conferred by Section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Central Board of Excise and Customs(CBEC) No. 35/2018-CUSTOMS (N.T.), dated  3rd May, 2018 except… Read More »

Exchange Rate of Foreign Currency w.e.f 04.05.2018

By | May 3, 2018

Ministry of Finance Exchange Rate of Foreign Currency Relating To Imported and Export Goods Notified Posted On: 03 MAY 2018 5:11PM by PIB Delhi In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Central Board of Excise and Customs No.33/2018-CUSTOMS (N.T.),… Read More »

DRI busts Diesel Smuggling racket : 14 containers of diesel seized

By | April 21, 2018

Ministry of Finance DRI busts Diesel Smuggling racket; 14 containers of diesel seized and 4 persons, including the Mastermind and one Hawala Operator, arrested under the Customs Act 1962. Posted On: 21 APR 2018 10:50AM by PIB Delhi On the basis of inputs provided by Andhra Pradesh (AP) State intelligence Department, Directorate of Revenue Intelligence (DRI),… Read More »

Section 221 of Finance Act 2018 : Amendment of section 2 of Act 12 of 2017

By | April 1, 2018

Section 221 of Finance Act 2018 [Section 221 of Finance Act 2018 deals with Amendment of section 2 of Act 12 of 2017 and is covered in CHAPTER VIII MISCELLANEOUS] PART XX AMENDMENT TO THE CENTRAL GOODS AND SERVICES TAX ACT, 2017 Amendment of section 2 of Act 12 of 2017 221. In the Central Goods and Services… Read More »

Section 88 of Finance Act 2018 : Amendment of section 83 Customs Act

By | April 1, 2018

Section 88 of Finance Act 2018 [Section 88 of Finance Act 2018 deals with Amendment of section 83 and is covered in CHAPTER IV INDIRECT TAXES] Amendment of section 83 88. In the Customs Act, in section 83,— (a) for the word “post”, wherever it occurs, the words “post or courier” shall be substituted; (b) for the words… Read More »