Section 59 of Finance Act 2018 [Section 59 of Finance Act 2018 deals with Amendment of section 11 and is covered in CHAPTER IV INDIRECT TAXES] Amendment of section 11 59. In the Customs Act, in section 11, after sub-section (2), the following sub-section shall be inserted with effect from such date as the Central Government may, by… Read More »
Section 58 of Finance Act 2018 [Section 58 of Finance Act 2018 deals with Amendment of section 2 and is covered in CHAPTER IV INDIRECT TAXES] Amendment of section 2 58. In the Customs Act, in section 2,— (i) for clause (2), the following clause shall be substituted, namely:— ‘(2) “assessment” means determination of the dutiability of any… Read More »
Section 57 of Finance Act 2018 [Section 57 of Finance Act 2018 deals with Amendment of section 1 and is covered in CHAPTER IV INDIRECT TAXES] Amendment of section 1 57. In the Customs Act, in section 1, in sub-section (2), after the word “India”, the words “and, save as otherwise provided in this Act, it applies also… Read More »
Section 56 of Finance Act 2018 [Section 56 of Finance Act 2018 deals with Substitution of references to certain expressions by certain other expressions and is covered in CHAPTER IV INDIRECT TAXES] Customs Substitution of references to certain expressions by certain other expressions 56. Throughout the Customs Act, 1962 (52 of 1962) (hereinafter referred to as the Customs… Read More »
Know your customer (KYC) norms Download Circular No 04/2018 Custom
Guidelines for the sale of seized/confiscated gold. Circular No 01/2018 Custom : Download
Ministry of Finance Exchange Rate of Foreign Currency Relating to Imported and Export Goods Notified Posted On: 21 DEC 2017 5:28PM 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.113/2017-CUSTOMS(N.T.), dated… Read More »
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 »
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 »
Circular No. 44/2017-Customs F. No: 450/08/2015-Cus.IV Government of India Ministry of Finance Department of Revenue (Central Board of Excise and Customs) ***** Room No. 227B, North Block, New Delhi, 18th November, 2017 To, All Principal Chief Commissioners of Customs / Customs (Prev.). All Chief Commissioners of Customs / Customs (Prev.). All Principal Commissioners of Customs /… Read More »