Timely cancellation of bond executed with Customs in advance authorisation cases
Dated 2nd December, 2015 | Copy of | Instruction | F.No.605/71/2015-DBK Government of India Ministry of Finance, Department of Revenue Central Board of Excise & Customs New Delhi To Principal Chief Commissioners/Chief Commissioners (All) Principal Directors General/Directors General (All) Principal Commissioners/Commissioners (All) Timely cancellation of bond executed with Customs in advance authorisation cases - regarding During discussions in the Ministry, the Export Promotion Councils have highlighted that field formations take substantial time to cancel the bond executed by exporters with the Customs in terms of the advance authorisation notifications. EPCs informed that much of this time is associated with retrieval of bond file and re-verifying documentation submitted by exporter for obtaining the export obligation discharge certificate (EODC) from the Regional Authority of DGFT. The matter ...
All Industry Rates of Duty Drawback and other Duty Drawback related changes
Dated 16th February, 2015 | Circular No.29/2015-Customs | F.No.609/98/2015-DBK Government of India Ministry of Finance, Department of Revenue Central Board of Excise & Customs New Delhi All Industry Rates of Duty Drawback and other Duty Drawback related changes - reg. The revised All Industry Rates (AIR) of Duty Drawback has been notified vide Notification No.110/2015-Customs (N.T.), dated 16.11.2015 which comes into force on 23.11.2015. These AIRs broadly take into account certain broad average parameters including, inter alia, prevailing prices of inputs, input output norms, share of imports in input consumption, the rates of central excise and customs duties, the factoring of incidence of service tax paid on taxable services which are used as input services in the manufacturing or processing of ...
STREAMLINING OF PROCEDURES RELATING TO THE EXPORT
APPENDIX – 1C STREAMLINING OF PROCEDURES RELATING TO THE EXPORT OF PERISHABLE AGRICULTURAL PRODUCE Policy : There is a need to streamline the export process for perishable agriculture produce with a view to enhancing its competitiveness in the international market. The export facilitation is being effected through a series of measures, significant amongst which are : Streamlining of documentation and processes; Setting up of a system of multi-functional nodal agencies to operate single window system for expeditious clearing of exports; Setting up of a single-point payment system for all levies and charges; d) Introduction of EDI (Electronic Data Interchange) / Web enablement; and A highly responsive redressal system. Definitions “Accredited” means a person ...
