Custom News


CBIC makes amendments in Exchange Rate Notification No. 32/2021

   24 March 2021 at 17:26

CBIC makes amendment in the Notification of the Central Board of Indirect Taxes and Customs No.31/2021-CUSTOMS (N.T.), dated 18th March, 2021 with effect from 25th March, 2021.

Posted in Custom |   1854 Views


Narcotic Drugs & Psychotropic Substances destroyed by Office of The Principal Commissioner Of Customs (Preventive)

   22 March 2021 at 05:27

440 Kgs of Narcotic Drugs and Psychotropic Substances as well as 19 Metric Tonnes of Foreign origin Cigarettes with a cumulative market value of around Rs. 15 Crores were destroyed by way of incineration at Mumbai waste Management facility, Taloja.

Posted in Custom |   3216 Views


Customs Officials seize 21 lakh peacock tail feathers

   19 March 2021 at 19:59

On the basis of specific intelligence, officers of ICD, Tughalakbad, export shed intercepted a container carrying "peacock tail feathers" on 16.03.2021. Further, the investigation in the matter is underway.

Posted in Custom |   1539 Views


CBIC releases updated rate of Exchange of Conversion of Foreign Currencies w.e.f 19th March 2021

   18 March 2021 at 17:38

CBIC determines that the rate of exchange of conversion of each of the foreign currencies specified in column (2) of each of Schedule I and Schedule II annexed hereto, into Indian currency or vice versa, shall, with effect from 19th March, 2021.

Posted in Custom |   1854 Views


CBIC | Manual Processing of declaration under SVLDRS, 2019

   17 March 2021 at 19:45

Clarification issued that henceforth all the mentioned references for grant of approval of manual processing of the declarations under SVLDRS 2019 need not be made to the Board and such cases can be processed manually by the Designated Committees.

Posted in Custom |   1986 Views


GoI amends Tariff Value for Certain Goods vide Notification No. 29/2021

   15 March 2021 at 17:58

Tariff Notification No. 29/2021-Customs (N.T.) in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver.

Posted in Custom |   1737 Views


CBIC amends Tariff Value of Certain Goods vide Notification No. 28/2021

   09 March 2021 at 19:15

Tariff Notification No. 28/2021-Customs (N.T.) in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg.

Posted in Custom |   1962 Views


CBIC releases updated rate of exchange of conversion w.e.f 5th March, 2021

   04 March 2021 at 17:18

CBIC determines that the rate of exchange of conversion of each of the foreign currencies specified in column (2) of each of Schedule I and Schedule II annexed hereto, into Indian currency or vice versa, shall, with effect from 5th March, 2021

Posted in Custom |   2064 Views


CBIC amends Tariff Value of Certain Goods

   26 February 2021 at 19:20

CBIC makes certain amendments in the notification of the GoI in the Ministry of Finance, No. 36/2001-Customs (N.T.).

Posted in Custom |   3129 Views


Clarification regarding payment of AIDC by EOU

   24 February 2021 at 06:02

CBIC clarifies regarding payment of Agriculture Infrastructure and Development Cess (AIDC) by EOU under various situations and issues and amendment to Circular no. 35/2016-Customs dated 29.07.2020.

Posted in Custom |   1347 Views



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