Category Archives: Excise

55/2015-Customs Enable EOUs to become eligible for duty exemption

By | November 25, 2015

55/2015-Cus,dt. 24-11-2015 Seeks to further amend notification No. 52/2003-Customs dated 31-03-2003 so as to enable EOUs to become eligible for duty exemption on raw materials/parts consumed in manufacture of certain specified ships/vessels and cleared to DTA, even if such ships/vessels are exempt from basic customs duty and central excise/CV duty [TO BE PUBLISHED IN THE… Read More »

No. 54/2015-Customs removing requirement of manufacturing of ships/vessels in a custom bonded warehouse

By | November 25, 2015

54/2015-Cus,dt. 24-11-2015 Seeks to further amend notification No. 12/2012-Customs dated 17.3.2012 so as to provide exemption from custom duties on all raw material and parts for use in manufacture of certain specified ships/vessels subject to actual user condition and also removing the requirement of manufacturing of ships/vessels in a custom bonded warehouse under the provisions… Read More »

NOTIFICATION No. 44/2015-Central Excise ,exemption from excise duty on all raw material and parts for use in manufacture of certain specified ships/vessels subject to actual user condition

By | November 25, 2015

Following Notification seeks to further amend notification No. 12/2012-CE dated 17.3.2012 so as to provide exemption from excise duty on all raw material and parts for use in manufacture of certain specified ships/vessels subject to actual user condition and also removing the requirement of manufacturing of ships/vessels in a custom bonded warehouse under the provisions… Read More »

Tariff concessions in respect of goods imported from Singapore

By | November 24, 2015

Following Notification Seeks to amend Notification No. 10/2008 – Customs, dated 15th January 2008, so as to deepen the tariff concessions in respect of specified goods under the Comprehensive Economic Co-operation Agreement (CECA) between India and Singapore, when imported from Singapore [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION… Read More »

MRP goods cleared under Not for sale,Excise duty payable on Transaction value

By | November 24, 2015

SUPREME COURT OF INDIA Commissioner of Central Excise, Noida v. Control & Switchgears Contactors Ltd. A.K. SIKRI AND ROHINTON FALI NARIMAN, JJ. CIVIL APPEAL NOS. 4449-4450 OF 2005 AND 984 OF 2007 SEPTEMBER  1, 2015 Valuation under Central Excise – Retail Sale Price/MRP Based Facts of the case ;-  Assessee was manufacturing Contactors, Overload relays,… Read More »

Toys imported from China can be cleared after sample test proves no violation of foreign trade policy

By | November 24, 2015

Facts of the Case :- In this case, the plastic toys imported by M/s Lukkad Impex from China were absolutely confiscated by the adjudicating authority as the goods/packaging materials did not contain any details of manufacturer’s name, address and the period of manufacture, and hence the test reports could not be linked with the consignment… Read More »

Definitive anti-dumping duty on “Carbon Black used in rubber Applications”, originating in or exported from China PR and Russia for a period of five years

By | November 23, 2015

Following Notification Seeks to impose definitive anti-dumping duty on “Carbon Black used in rubber Applications”, originating in or exported from China PR and Russia for a period of five years. [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… Read More »

Govt Withdraw TRQ of 15000 MT for total imports of white butter, butter oil and anhydrous milk fat(AMF) at Nil import duty

By | November 23, 2015

Following Notification Seeks to further amend Notification No 12/2012 -Customs dated 17.03.2012 so as to withdraw the TRQ of 15,000 MT for total imports of white butter, butter oil and anhydrous milk fat(AMF) at Nil import duty by omitting the said entry(S.No.9) GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE)  NOTIFICATION  No. 52/2015-Customs  … Read More »

Indirect Tax Ombudsmen for Complaints of Customs,Excise and Service Tax

By | November 22, 2015

Press release by Ministry of Finance Govt of India on 20-November, 2015 Chairman, CBEC holds a Meeting to strengthen the Institution of Indirect Tax Ombudsmen (ITOM); ITOM, in turn, to hold Meetings with the Trade and Industry Associations in their Jurisdiction and Encourage the Taxpayers to bring forth their Problems/ Issues. The Indirect Tax Ombudsmen… Read More »