Category Archives: Excise

Exchange Rate of Foreign Currency relating to Imported and Export Goods Notified

By | October 20, 2016

Exchange Rate of Foreign Currency relating to Imported and Export Goods Notified 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.124/2016-CUSTOMS (N.T.), dated 06th October, 2016, except as respects things done or… Read More »

Mission Zero for reducing pendencies : CBEC

By | October 20, 2016

GOVERNMENT OF INDIA MINISTRY OF FINANCE/DEPARTMENT OF REVENUE CENTRAL BOARD OF EXCISE & CUSTOMS D.O.No 156/Chairman(CBEC)/2016  Dated: 19th October, 2016 Dear Colleague, As you are aware, preparations for introducing  GST from the  beginning of the next fiscal year are in full swing with the present focus being on timely finalization of its legal and administrative framework.… Read More »

Procedures smplified for handling exporters obligations under EPCG authorizations

By | October 18, 2016

Instruction F.No.605/71/2015-DBK Government of India Ministry of Finance: Department of Revenue Central Board of Excise and Customs (Drawback Division) **** New Delhi, dated 14th October, 2016 To Pr. Chief Commissioners/Pr. Directors General (All) Chief Commissioners/Directors General (All) Pr. Commissioners/Commissioners (All) Madam/Sir, Subject: Rationalization of procedures in handling exporters obligations under EPCG authorizations -reg. The undersigned is directed to… Read More »

Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver- Reg

By | October 15, 2016

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART-II, SECTION-3, SUBSECTION (ii)]  Government of India Ministry of Finance (Department of Revenue) (Central Board of Excise and Customs) Notification No. 126 /2016-CUSTOMS (N.T.) New Delhi, 14th October, 2016 22 Asvina, 1938 (SAKA) S.O. … (E).– In exercise of the powers conferred by sub-section (2) of… Read More »

Appointment of Common Adjudicating Authority by Director General Revenue Intelligence

By | October 14, 2016

Appointment of Common Adjudicating Authority by DGRI [To be published in the Gazette of India, Extraordinary, Part-II, section 3, sub-section (ii)] Government of India Ministry of Finance (Department of Revenue) Central Board of Excise and Customs Directorate of Revenue Intelligence Notification No. 2/2016-Customs (N.T./CAA/DRI) New Delhi, dated the 13th October, 2016 S.O. (E). – In… Read More »

Encashment of bank guarantee doesn’t amount to payment of duty: Madras HC

By | October 7, 2016

HIGH COURT OF MADRAS Nizamabad Agro (P.) Ltd. v. Assistant Commissioner of Customs -EODC T.S. SIVAGNANAM, J. W.P. NO. 27525 OF 2016 AUGUST  30, 2016 S. Murugappan for the Petitioner. Rajkumar Jhabakh, Senior Standing Counsel for the Respondent. ORDER 1. Heard Mr.S.Murugappan, learned counsel appearing for the petitioner and Mr.Rajkumar Jhabakh, learned Senior Standing Counsel… Read More »

Immediate Prosecution for offences relating to Gold, FICN, arms, ammunitions etc

By | October 6, 2016

Circular No. 46/2016 – Customs F.NO. 394/68/2013-cus (AS) Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs (Anti-Smuggling Unit) Room No. 512, 5 th Floor, Hudco Vishala Building, K. Puram, New Delhi, dated 4th October 2016 All Principal Chief/Chief Commissioner of Customs/Customs (Preventive)/Central Excise/Service Tax All Principal Directors General/ Directors General of… Read More »

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

By | 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 »