Search Result for : Customs Tariff Act

Seeks to further amend notification No. 50

Dated 2nd April, 2018 | Copy of | Notification No.40 | CUSTOMS NOTIFICATION In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) and sub-section (12) of section 3 of the Customs Tariff Act, 1975 (51 of 1975), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India, in the Ministry of Finance (Department of Revenue), No.50/2017-Customs, dated the 30th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R.785(E), dated the 30th June, 2017, namely:-In the said notification,-(i) in the Table, against serial ...

Seeks to order for provisional assessment in the matter of initiation of New Shipper Review

Dated 20th March, 2018 | Copy of | Notification No.11 | CUSTOMS NOTIFICATION Whereas, in the matter of import of ‘Melamine’ (hereinafter referred to as the subject goods), falling under tariff item 2933 61 00 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), originating in or exported from China PR (hereinafter referred to as the subject country), the designated authority, vide its final findings in the second sunset review notification No.15/17/2014-DGAD, dated the 5th December, 2015, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 5th December, 2015, had come to the conclusion that–(i) there is continued dumping of the subject goods from the subject country;(ii) these dumped imports continue to cause injury ...

Import tariff rate on specified electronic goods under first Schedule to the Customs Tariff

Dated 14th December, 2017 | Copy of | Notification No.91/2017-Customs WHEREAS the Central Government on being satisfied that the import duty leviable on certain goods and parts thereof, falling under chapters 85, 90 and 94 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), should be increased and that circumstances exist which render it necessary to take immediate action. NOW, therefore, in exercise of the powers conferred by sub-section (1) of section 8A of the said Customs Tariff Act, the Central Government, hereby directs that the First Schedule to the said Customs Tariff Act, shall be amended in the following manner, namely:- In the First Schedule to the said Customs Tariff Act,- (a) in Section ...

IGST on High Sea Sales taxed only during importation, GST Council

The Dollar Business Bureau The CBEC has issued a clarification regarding double taxation of IGST on High Sea Sales of imported goods. It had come to the notice of the Customs Board for a clarification whether High Sea Sales of imported goods would be charged IGST twice - under sub-section (7) of section 3 of Customs Tariff Act, 1975 and also separately under Section 5 of The Integrated Goods and Services Tax Act, 2017. The Board issued a clarification on the same vide Customs circular no- 33/2017 dated August 1, 2017. ‘High Sea Sales’ is a common trade practice whereby the original importer sells the goods to a third person before the goods are entered for customs clearance. After the High sea sale ...

IGST, CGST and Compensation Bill receive Lok Sabha nod

By Ranjeet Mahtani and Sweta Rajan A seven-hour long debate in the Lok Sabha, resulted in the passage of the Integrated GST, Central GST and GST Compensation Bills this week. Having been introduced as ‘money bills’ the Rajya Sabha did not have the power to amend or reject bills. Now, the Bills require presidential assent to become law. In preparation for the transition to GST, the Central Government has introduced another bill in the Lok Sabha to amend the Customs Act, 1962, the Customs Tariff Act, 1975, the Central Excise Act, 1944, the Central Excise Tariff Act, 1985, the Finance Act, 2001, and the Finance Act, 2005, and to repeal certain existing enactments. These amendments are essential to modify the tax levying ...

Amended to Enable EOUs to become eligible for duty exemption on raw material/parts

Dated 24th November, 2015 | Copy of | Notification No.55/2015-Customs | In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India, in the Ministry of Finance (Department of Revenue), No.52/2003-Customs, dated the 31st March, 2003, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R.274(E), dated the 31st March, 2003, namely, In the said notification, in Paragraph 3, for the first proviso, the following proviso shall be substituted, namely:- Provided that where such finished goods ...

Imports of Albendazole originating in or Exported from China PR

Dated November 5th, 2015 | Copy of | Notification Sl94 dt. 05/11/15 | F. No.14/31/2013-DGAD Government of India Ministry of Commerce & Industry Department of Commerce (Directorate General of Anti Dumping& Allied Duties) New Delhi 110001 (Final Findings) Subject: Anti-dumping investigation concerning imports of “Albendazole” originating in or exported from China PR. 1. F.No.14/31/2013-DGAD: Whereas having regard to the Customs Tariff Act, 1975 as amended from time to time (hereinafter also referred to as the Act) and the Customs Tariff (Identification, Assessment and Collection of Anti-Dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995 thereof, as amended from time to time (hereinafter also referred to as the Rules); M/s Sequent Scientific Limited., (hereinafter referred to as the “applicant” or “petitioner” or ...

Anti-dumping duty on Synchronous Digital Hierarchy Transmission Equipment

Dated 5th January, 2015 | Notification no. 01 /2015-Customs (ADD) | G.S.R. (E). -Whereas, the designated authority vide notification No. 15/20/2014-DGAD, dated the 6th December, 2014, published in the Gazette of India, Extraordinary, Part I, Section 1, dated  the 6th December, 2014, has initiated review, in terms of sub-section (5) of section 9A of the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to as the Customs Tariff Act),  and in pursuance of rule 23 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995 (hereinafter referred to as the said rules), in the matter of continuation of anti-dumping duty on all kinds of Synchronous Digital Hierarchy ...