Custom Articles

Import Export in India

Corporate Salahkar & Associate 18 November 2021 at 09:36

Before starting import/export business it is preferred to register your business in Private Limited or Public limited or LLP format for the convenience of fast loan approvals and ease of doing business with foreign customers as they prefer registered corporate entities

Centre Notifies RoDTEP Scheme Guidelines and Rates

CS Lalit Rajput 19 August 2021 at 09:24

The scheme will be implemented by Customs through a simplified IT system while the rebate will be issued in the form of a transferable duty credit/electronic scrip which will be maintained by CBIC.

50 Practical FAQs on RoDTEP Scheme

Ravi Kumar Somani 19 August 2021 at 09:22

RoDTEP scheme is notified for the remission of duties, taxes and other levies at the Central, State and local level which are borne on the exported goods manufactured in India.

CBIC launches Compliance Information Portal (CIP)

CS Lalit Rajput 14 August 2021 at 09:09

CIP will provide free access to information on all Customs procedures and regulatory compliance for nearly 12,000 Customs Tariff Items. It will also provide knowledge of all import and export related requirements.

CBIC Abolishes Licence Renewal Requirement For Customs Brokers, Authorized Carriers

CS Lalit Rajput 26 July 2021 at 09:32

The net effect of the amendments carried out is that the existing licenses/registration would have a lifetime validity and also allowed a licensee/registration holder to voluntarily come forward to surrender the same.

ICEGATE - Filing of Bill of Entry

CA Sapna Ghelani 02 March 2021 at 09:52

ICEGATE enables the Electronic filing of a Bill of Entry (declaration of import). One of the major benefits of using ICEGATE is that it provides digital security.

Import of Drugs and Excipients in India

CS M Pota 27 February 2021 at 09:45

The objective of the drug regulatory system in the country is to ensure the availability of safe, effective and quality drugs, cosmetics and medical devices based on scientific excellence and best possible regulatory practices.

Relaxed AEO accreditation for MSMEs - Relaxations in requirements

Lekhraj sood 09 January 2021 at 09:32

In this article, an attempt is made to explain the modified requirements to enable MSMEs to avail the benefits of Authorized Economic Operator ( AEO) scheme.

Welcome 2021 - Welcome Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme

Lekhraj sood 02 January 2021 at 10:11

Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme Launched and has come into effect from 1st January 2021. This scheme will replace the existing MEIS scheme.

FAQs on - Manufacture and Other Operations in Customs Warehouse

Lekhraj sood 30 October 2020 at 15:43

CBIC has launched a revamped and streamlined program to attract investments into India and strengthen Make in India. CBIC has gathered certain queries through trade consultations which have been consolidated and answered in this article.