CBEC introduces online generation of rotation numbers for shipping lines/agents
The Dollar Business Bureau The Customs and Excise Department has made easy for shipping lines or agents by introducing the online generation of rotation numbers for vessels. Until now the process followed was a cumbersome one for both the Shipping Line(SL) or the Shipping Agent(SA). According to the process, the allotment of 'Rotation Number' for a vessel that calls on a port, the concerned Shipping Line or Shipping Agent (SL/SA) must file an application with the designated section in the Custom House, along with the desired particulars in the prescribed format. After confirmation of the particulars, the designated official who is assigned the appropriate role on the Indian Customs EDI System (ICES), enters the relevant data in this system. Upon submission of this ...
Cabinet greenflags amendments for cess removal ahead of GST
PTI The Union Cabinet today approved amendments in the Customs and Excise Act relating to abolition of cesses and surcharges on various goods and services to facilitate implementation of GST. The amendments in the Customs Act, 1962, allow furnishing of information relating to import or export of goods by specified persons to enable analysis and detection of cases of under or over-valuation in imports and exports. It also aims to check misuse of export promotion schemes, including the Drawback Scheme, and violations of the provisions of the Customs Act and various other laws under which Customs officials have been authorised to implement these laws. "Amendments or repeal of various provisions of other Acts which will no longer be relevant consequent on rollout ...
CBEC issues detailed process to service tax and central excise payers on migration to GST
The Dollar Business Bureau The draft Model and GST Laws and Rules are in the public domain and CBEC is making all efforts in the smooth implementation of GST by April 1, 2017. One of the priority tasks in this regard is the migration of the existing Central Excise/Service Tax assessees to GST. It is in this regard that the Directorate General of Systems, CBEC has issued a detailed notification with illustrative schematic diagrams of the migration processes to help the assessees. A schematic representation of the migration process is given below: In order to migrate to GST, the assessees need to have a provisional ID and password. These details can be obtained by logging into ACES portal (www.aces.gov.in). These details are being obtained from ...
CBEC Exchange Rates W.e.f. December 2nd, 2016
Dated 1st, December 2016 | Copy of | Notification No. 145/2016-Customs (N.T.) | In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Central Board of Excise & Customs No.138/2016-CUSTOMS (N.T.), dated 17th November, 2016, except as respects things done or omitted to be done before such supersession, the Central Board of Excise & Customs hereby 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 2nd December, 2016, be the rate mentioned against it in the corresponding entry ...
Unloading of imported goods and loading of export goods -137/2015
Dated 7th December, 2015 | Copy of | Notification No.137/2015-Customs (N.T.) | In exercise of the powers conferred by clause (aa) of sub-section (1) of section 7 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs, hereby makes following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.12/97-CUSTOMS (N.T.), dated the 2nd April, 1997, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R.193(E), dated the 2nd April, 1997, namely:- In the said notification, in the Table, against serial number 5 relating to the State of Haryana, after item (vii) and the entries relating thereto, in columns (3) and (4), ...
Notification Regarding Appointment Of DGRI, DGI As Customs O
Dated 30th November, 2015 | Copy of | Notification No.134/2015-Customs (N.T.)| In exercise of the powers conferred by sub-section (1) of section 4 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby makes following amendments further to amend the notification of the Government of India, in the Ministry of Finance (Department of Revenue), No.83/2004-Customs (N.T.), dated the 30th June, 2004, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R.393(E), dated the 30th June, 2004, namely:- In the said notification, for the Sl. No. (1) and the entries relating thereto, the following shall be substituted, namely:- (1) the Principal Director General of Revenue Intelligence, New Delhi or Director ...
Tariff Value Of Specified Goods Further Revised-135/2015-Customs
Dated 30th November, 2015 | Copy of | Notification No.135/2015-Customs (N.T.) | In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise & Customs, being satisfied that it is necessary and expedient so to do, hereby makes the following amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No.36/2001-Customs (N.T.), dated the 3rd August, 2001, published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S.O.748 (E), dated the 3rd August, 2001, namely:- In the said notification, for TABLE-1, TABLE-2, and TABLE-3 the following Tables shall be substituted namely:- Sd/- (Kshitendra Verma) Under Secretary to the Government of ...
Appointment Of Adjudication Officers In The Matter Of Specified Companies
Dated 24th November, 2015 | Copy of | Notification No.113-132/2015-Customs (N.T.) | Government of India Ministry of Finance Department of Revenue (Central Board of Excise and Customs) Notification No. 113/2015-Customs (N.T.) (E). -In exercise of the powers conferred by sub-section (1) of section 4 and Sub-section (1) of section 5 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby appoints the Principal Commissioner of Customs, Nhava Sheva-I, JNCH to act as a Common Adjudicating Authority to exercise the powers and discharge the duties conferred or imposed on- (i) the Principal Commissioner of Customs, Nhava Sheva-I Commissionerate, Mumbai Customs Zone-II, Jawaharlal Nehru Customs House, Nhava Sheva, Uran, Dist.-Raigad- 400707; (ii) the Assistant/Deputy Commissioner of Customs, O/o the Principal Commissioner of Customs, ...