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TDB Articles

Valuation of second hand machinery

Dated October 15th, 2015 | Copy of | Circular No.25/2015 | F.No.467/34/2006-Cus.V Ministry of Finance Department of Revenue Central Board of Excise and Customs New Delhi All Principal Chief Commissioners All Chief Commissioners of Customs, All Chief Commissioners of Customs & Central Excise, All Directorate-Generals, Chief Departmental Representative, All Principal Commissioners of Customs, All Principal Commissioners of Customs & Central Excise All Commissioners of Customs All Commissioners of Customs & Central & Excise Sir, Subiect: Valuation of second hand machinery -reaardina The Board has received representations from other Ministries, trade bodies and traders regarding issues arising from the interpretation of Board's circular no. 4/2008 — Cus dated 12th February 2008. The circular requires that field formations rely upon a chartered engineer's inspection report ...

Congestion grounds export consignments at Gateway Terminals India

Sisir Pradhan | The Dollar Business Export container movement at Gateway Terminals India has been affected after the terminal closed south entrance gate starting from Sunday, April 12, 2015. Brihanmumbai Custom House Agents’ Association (BCHAA) has issued a ‘trade advisory’ in this regard. The association’s export committee chairman Milan Desai in an official ‘trade advisory’ said that the south gate entrance to the terminal was closed on April 12, 2015 and is non-functional. The outside queue for the terminal was about six kms with trailers in two rows. The gate operation was also very slow and trailer turnaround time at the terminal was on average five hours. Similarly, traffic queue outside the gates of Jawaharlal Nehru Port Trust (JNPT) ...

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