The Department of Revenue, Ministry of Finance has released the Customs Authority for Advance Rulings Regulations, 2021. Read the official announcement and provisions of the newly released Regulations here.
Taking a major step to boost exports, the Government has decided to extend the benefit of the Scheme for Remission of Duties and Taxes on Exported Products (RoDTEP) to all export goods with effect from 1st January 2021.
The benefit of RoDTEP would be available subject to the conditions, restriction, exclusions, ineligibility, and fulfillment of the procedural requirements as notified.
The Central Board of Indirect Taxes and Customs has amended the Courier Imports and Exports (Electronic Declaration and Processing) Regulations, 2010. Read the official announcement and amendments made here.
CBIC, via their official Twitter handle, has bewared the taxpayers of Free Gifts and Huge Discounts and clarified that the Indian Customs never calls or sends messages for paying duty in a personal bank account.
CBIC has made changes in the Customs Tariff Act and Customs Tariff Rules, 1995, in the matter of anti-dumping duty on imports of “Dimethylacetamide”.
The Central Board of Indirect Taxes and Customs has specified a new rate of exchange for different countries relating to both, import and export of goods w.e.f 4th December 2020.
Tariff Notification No. 109/2020-Customs (N.T.) in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver
CBIC gives 3 months extension for re-import of cut and polished diamonds
The Chairman, Central Board of Excise and Customs (CBEC) Shri Najib Shah inaugurated the 11th Asia Europe
Live class on PF & ESI Enrollment & Returns Filing(with recording)
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