Custom News


FM asks the Customs Officials to use Latest Technology

   05 December 2014 at 10:44

FM asks the Customs Officials to use Latest Technology to Gather and Analyze Intelligence Information to Curb any Illicit Transaction Across the Border The Union Finance Minister Shri Arun Jaitley asked the Customs officials to use latest technology

Posted in Custom |   12852 Views


Guidelines for considering request for exemption from payment of Customs Duty

   20 August 2014 at 18:20

Circular No. 09/2014 -Customs F. No. 460/04/2014 – Cus-VGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Excise & CustomsDated19th August, 2014 OFFICE MEMORANDUM Subject: Guidelines for considering request for exe

Posted in Custom  2 comments |   16980 Views


Exchange Rate of Foreign Currency Relating to Imported and Export Goods Notified

   22 November 2013 at 11:22

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in super session of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.109/2013-CUSTOMS (N.T.), dated the 7th

Posted in Custom  7 comments |   22026 Views


Customs Duty on Articles of Jewellery and of Goldsmiths or Silversmiths' Wares Revised from 10 % to 15%

   18 September 2013 at 11:20

As part of measures to contain the current account deficit, the customs duty on gold has been revised upwards periodically in the past two years. Prior to 17th January 2012, the import duty on standard gold (of purity 99.5% & above) was Rs. 300

Posted in Custom  2 comments |   11328 Views


CBEC Extends 24x7 Customs Clearance Facility for Export Cargo from 1ST July, 2013

   25 June 2013 at 16:50

Beginning 1st July, 2013, Customs clearance of all export goods will take place on 24x7 basis from four major Air Cargo Complexes/airports i.e., Bangalore, Chennai, Delhi and Mumbai. Thus, all exports including those made under export incentives sch

Posted in Custom  1 comments |   13926 Views


CBIC determines rate of exchange of conversion of foreign currency w.e.f 17th May 2013

   17 May 2013 at 11:13

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in super session of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.52/2013-CUSTOMS (N.T.), dated the 2

Posted in Custom  1 comments |   12810 Views


Highlights of Annual Supplement (2013-14) to the Foreign Trade Policy 2009-14 Announced by Shri Anand Sharma

   18 April 2013 at 15:58

1. Measures to revive investors’ interest in SEZs. 1.1 A package of measures has been formulated to revive investors’ interest in SEZs and to boost exports. The salient features of the package are:- (i) In view of the acute difficu

Posted in Custom |   10863 Views


CBEC Offices to Remain open on 29th, 30th & 31st March, 2013

   29 March 2013 at 11:32

Central Board of Excise and Customs (CBEC) Offices to Remain open on 29th, 30th & 31stmarch, 2013 ; Proposed Nationwide Strike by the Associations of Superintendents and Inspectors of Central Excise for 29th, 30th & 31s T March, 2013 Stand

Posted in Custom |   8952 Views


Rate of exchange of conversion of each of the foreign currency with effect from 17th November, 2012

   17 November 2012 at 12:12

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in super session of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.97/2012-CUSTOMS (N.T.), dated the 1st

Posted in Custom |   19593 Views


Mandatory E-Payment of Customs Duty

   07 September 2012 at 17:38

E-payment facility at Customs locations was introduced in 2007 and is available through more than one authorized bank at all major Customs locations having ICES facility. Though voluntary, the facility has been used by numerous importers. Besides

Posted in Custom |   13092 Views