Custom News


Rs. 86,000 Crore Indirect Tax Revenue Locked up in Litigation

   06 September 2012 at 11:26

An amount of Rs.86,000 crores indirect tax revenue of Central Board of Excise and Customs has been locked up in litigation. Success rate of departmental litigation in Courts and Tribunal during the last four years are as follows:-

Posted in Custom |   7518 Views


FM to Address Chief Commissioners/DGs of Customs, Excise & Service Tax Tomorrow

   27 August 2012 at 16:34

The Conference of the Chief Commissioners and Directors General of Customs, Central Excise and Service Tax will be held in New Delhi tomorrow. The Union Finance Minister, Shri P. Chidambaram will inaugurate the Conference and also interact with th

Posted in Custom |   9516 Views


Dispute Resolution and Tax-Payer Services through Indirect Tax Ombudsman, Delhi

   22 August 2012 at 11:11

OFFICE OF THE INDIRECT TAX OMBUDSMAN, DELHI (Customs, Central Excise & Service Tax) Department of Revenue Ministry of Finance, New Delhi F NO. Ombuds(Delhi)/Policy/1/2012 PUBLIC NOTIC No. 1/2012 Dt 21/08/2012 Subject: Dispute Resolution a

Posted in Custom |   7845 Views


CBEC Issues Foreign Currency Conversion rate for Import and Export

   17 August 2012 at 12:47

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.67/2012-CUSTOMS (N.T.), dated the 1s

Posted in Custom |   14148 Views


Postage stamp on custom to be released

   26 July 2012 at 11:03

For the First Time A Commemorative Postage Stamp and Coffee Table Book on Customs to be Released Tomorrow to Mark 50 Years of Achievements under the Customs Act 1962 The Union Minister of Communication & Information Technology Shri Kapil Sibal

Posted in Custom |   8670 Views


CBIC determines rate of exchange of conversion of foreign currency w.e.f 20th July 2012

   20 July 2012 at 18:15

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.56/2012-CUSTOMS (N.T.), dated the

Posted in Custom  2 comments |   10215 Views


Chairman, CBEC Awards AEO Certificates and Launches CBEC'S Interactive Customs Tariff Website

   19 July 2012 at 11:28

India has developed an Authorized Economic Operator (AEO) Programme consistent with World Customs Organization (WCO) SAFE Framework of Standards. The trade supply chain has become extremely complicated and vulnerable to external threats which led

Posted in Custom |   7989 Views


CBIC determines rate of exchange of conversion of foreign currency w.e.f 8th June,2012

   08 June 2012 at 12:40

Central Board of Excise and Customs (CBEC), Department of Revenue, Ministry of Finance vide its Notification No. 49/2012-CUSTOMS (N.T.) dated 07th June,2012 hereby determines that the rate of exchange of conversion of each of the foreign currency

Posted in Custom  1 comments |   17511 Views


Change in Tariff Value of Gold Notified

   24 March 2012 at 15:12

Central Board of Excise and Customs (CBEC), Department of Revenue, Ministry of Finance has issued a Notification No.24/2012-Customs (N.T.) dated March 22, 2012 and thereby notifying change in tariff value of Gold as shown in the tables below: &l

Posted in Custom |   7029 Views


Users can now avail facility of e-Payment through ICEGATE for all Custom Locations from any of the Authorized Banks w.e.f. 16th Jan, 2012

   13 January 2012 at 17:40

Users can now avail facility of e-Payment through ICEGATE for all Custom Locations from any of the Authorized Banks w.e.f. 16th Jan, 2012

Posted in Custom  3 comments |   14352 Views