'The Budget is a far sighted one'
The budget can be termed as a far-sighted one that focused on infrastructure and investment, agriculture, rural sector, health social, job creation, financial sector reforms, saysY.R. Singh, Exec Dir, Indias Chamber of Trade and Industry (affiliated to Assocham) Jasleen Kaur | The Dollar Business Y.R. Singh, Exec Dir, Indias Chamber of Trade and Industry (affiliated to Assocham)Indias national budget 2016-17 was announced on Monday by Finance minister Arun Jaitley in the Lok Sabha. The budget can be termed as a far-sighted one that focused on infrastructure and investment, agriculture, rural sector, health, job creation, financial sector reforms etc. In an exclusive interview to The Dollar Business,Ravinder Singh detailed the positive points that the budget carried. These being: Recapitalisation of Public Sector Banks- The ...
4.37 Port of Registration
(a) Advance Authorisation shall be issued for purpose of import and export through one of sea ports or airports or ICDs or LCS specified below. Authorisation holder shall register authorisation at the port specified in authorisation and thereafter all imports against said authorisation shall be made only through that port, unless the authorisation holder obtains permission from customs authority concerned to import through any other specified port. However, exports may be made through any of the specified ports.
6.19 Export through Other Exporters
6.19 Export through Other Exporters An EOU / EHTP / STP / BTP unit may export goods manufactured / software developed by it through other exporter, or any other EOU / EHTP/ STP / BTP / SEZ unit subject to condition that: (a) Goods shall be produced in EOU / EHTP / STP / BTP unit concerned. (b) Level of NFE or any other conditions relating to imports and exports as prescribed shall continue to be discharged by EOU / EHTP / STP / BTP unit concerned. (c) Export orders so procured shall be executed within parameters of EOU / EHTP / STP / BTP schemes and goods shall be directly transferred from unit to port of shipment. (d) Fulfillment ...
24x7 Customs clearance at specified sea ports and air cargo complexes
Dated 31st December, 2014 | Circular no. 19/ 2014-Customs | Attention is invited to Board Circular No.22/2012-Customs, dated 07.08.2012 and subsequent Instruction No.3, dated 31.05.2013 on the subject of 24x7 Customs clearance facility at specified sea ports and air cargo complexes for identified categories of import and export goods. 2. Finance Minister has in the Budget Speech for 2014-15 announced that the 24x7 Customs clearance facility would be deepened and extended. Thus, the existing 24x7 Customs clearance facility would be made available to 13 more airports in respect of all export goods and to 14 more sea ports in respect of specified import and export goods. 3. Board has undertaken detailed inter-ministerial consultations to ensure stakeholder participation in making ...
