Category - Taxation

Exchange Rates Notification No.118/2017-Custom(NT) dated 21.12.2017

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF EXCISE AND CUSTOMS) Notification No.118/2017 - Customs (N.T.) New Delhi, dated the 21st December, 2017 30 Agrahayana 1939 (SAKA) In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of… Read More

Rate of exchange for ‘South African Rand’ revised w.e.f. 20th December, 2017

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF EXCISE AND CUSTOMS) Notification No.117/2017 - Customs (N.T.) Dated the 19 December, 2017 28 Agrahayana, 1939 (SAKA) In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise & Customs hereby makes… Read More

Refund/ Claim of Countervailing Duty as Duty Drawback

OFFICE OF COMMISSIONER OF CUSTOMS NS-II & IV JAWAHAR LAL NEHRU CUSTOM HOUSE, NHAVA SHEVA TAL: URAN, DIST. RAIGAD, MAHARASHTRA-400707 F.No.S/12-Gen-82/2015-16 AM(X) Date: 18.12.2017 PUBLIC NOTICE NO. 158/2017 SUB : Refund/ Claim of Countervailing Duty as Duty Drawback –reg. ******** Attention of the Exporters, Custom Brokers and all concerned are invited to the BoardCircular No. 49/2017-Customs dated… Read More

Sale of goods and display of prices at duty free shops to be in Indian currency

Circular No. 50/2017-Customs F. No: 473/07/2017-LC Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs ************ North Block, New Delhi Dated 18th December 2017 To, The Principal Chief Commissioners/Chief Commissioners/ The Principal Commissioners/Commissioners of Customs Subject:- Sale of goods and display of prices at duty free shops in Indian… Read More

Procedure for execution / monitoring of “No Use Bond” in respect of clearance of Import

OFFICE OF THE COMMISSIONER OF CUSTOMS (NS-III), MUMBAI ZONE-II, JAWAHARLAL NEHRU CUSTOM HOUSE, NHAVA SHEVA, TALUKA: URAN, DISTRICT: RAIGAD, MAHARASHTRA-400707 F. No. S/22-Gen-402/2017-18/ AM (I)/JNCH Dated: 15.12.2017 PUBLIC NOTICE NO. 156/2017 Subject: - Procedure for execution / monitoring of “No Use Bond” in respect of clearance of import FCL containers involving NOC from Participating Government… Read More

Govt. amends notification no 40/2012-Cus (N.T.) dt 02.05.2012

Government of India Ministry of Finance Department of Revenue (Central Board of Excise and Customs) Notification No. 115/2017-Customs (N.T.) New Delhi, the 14 December. 2017 S.O. (E). — In exercise of the powers conferred by clause (34) of section 2 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs… Read More

Govt. increases import tariff rate on specified electronic goods under Customs Tariff Act

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 91/2017–Customs New Delhi, the 14th December, 2017 G.S.R. (E).- WHEREAS the Central Government on being satisfied that the import duty leviable on certain goods and parts thereof, falling under chapters 85, 90 and 94 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975),… Read More

CBEC amends notification No. 50/2017-Customs to prescribe effective rate of BCD on various goods

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 92/2017-Customs G.S.R. 1515 (E).— In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act,1962 (52 of 1962) and sub-section (12) of section 3 of Customs Tariff Act, 1975 (51 of 1975), the Central Government being satisfied that it… Read More

Customs (Furnishing of Information) Rules, 2017 to be effective from 1st Jan 2018

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF EXCISE AND CUSTOMS) NOTIFICATION New Delhi, the 14th December, 2017 No. 114/2017-Customs (N.T.) G.S.R. 1512(E).—In exercise of the powers conferred by sections 108A read with section 156 of the Customs Act, 1962 (52 of 1962), the Central Government hereby makes the following rules, namely:— 1. Short… Read More

CBDT extends date for linking of Aadhaar with PAN till 31.03.2018

Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 8th December, 2017 CBDT extends date for linking of Aadhaar with PAN Under the provisions of recently introduced section 139AA of the Income-tax Act, 1961 (the Act), with effect from 01.07.2017, all taxpayers having Aadhaar Number or… Read More

Clarification on Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017

Circular No.48/2017-Customs F.No.450/28/2016 Government of India Ministry of Finance Department of Revenue (Central Board Excise & Customs) Room 227 B , North Block New Delhi, dated 8th December 2017 To, All Principal Chief Commissioner /Chief Commmissioner of Cutsoms/Custom (Preventive) All Principal Chief Commissioner/Chief Commissioner of Central Tax All Principal Commissioner/ Chief Commmissioner of Cutsoms/Customs(Preventive) All… Read More

Govt. notifies establishment of Manipur State Rural Road Development Agency

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 12th December, 2017 S.O. 3868(E).— In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies for the purposes of the said clause, ‘Manipur State Rural… Read More

Refund/Claim of Countervailing duty as Duty Drawback

Circular No. 49/2017-Cus F.No.609/97/2017-DBK Government of India Department of Revenue Central Board of Excise & Customs Drawback Division New Delhi, the 12th December, 2017 To Principal Chief Commissioners/ Principal Directors General, Chief Commissioners/ Directors General, Principal Commissioners and Commissioners, all under CBEC. Sir/Madam, Subject: Refund/Claim of Countervailing duty as Duty Drawback. Attention is invited to… Read More

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