Category Archives: Excise

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

By | July 15, 2016

Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver  In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise & Customs, being satisfied that it is necessary and expedient so to do, hereby… Read More »

Customs (Import of goods at concessional rate of duty for manufacture of excisable goods) second (amendment) Rules 2016

By | July 15, 2016

Customs (Import of goods at concessional rate of duty for manufacture of excisable goods) second (amendment) Rules 2016 Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Notification No 100/2016-Cus (NT), dt. 14-07-2016 G.S.R. (E).- In exercise of the powers conferred by section 156 of the Customs Act, 1962… Read More »

Amend notification No.61/2011-Customs dated 15.07.2011.

By | July 13, 2016

Seeks to amend notification No.61/2011-Customs dated 15.07.2011. [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 31/2016-Customs (ADD) New Delhi, the 11th July, 2016 G.S.R. (E). -In exercise of the powers conferred by sub-section (1) and sub-section (5)… Read More »

Manufacturer or merchant-exporter registration for availing duty free import entitlement

By | July 13, 2016

Seeks to further amend notification No. 12/2012-Customs, dated 17.03.2012 [S. No. 284A] so as to provide that the manufacturer or merchant-exporter, referred to therein, may also be registered with the Cotton Textiles Export Promotion Council, in addition to Apparel Export Promotion Council or the Synthetic and Rayon Textile Export Promotion Council and may seek certification… Read More »

No physical verification of premises of manufacturers of readymade garments and made up articles of textiles.

By | July 13, 2016

Seeks to further amend notification No. 35/2001-Central Excise (NT) dated 26.06.2001 so as to exempt mandatory physical verification of manufacturing premises in respect of manufacturers of readymade garments and made up articles of textiles. [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE… Read More »

Draft revised Authorised Economic Operator scheme guidelines notified

By | July 10, 2016

India’s Central Board of Excise and Customs (CBEC) issued draft guidance for comments concerning an Authorised Economic Operator (AEO) regime. Among the benefits under the AEO programme would be a higher facilitation level; the facility of direct port delivery or entry; reduced bank guarantees; expedited investigations and dispute resolutions; paperless declarations with no supporting document… Read More »