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Tariff value changed for brass scrap and poppy seeds
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Apr 20, 2010:
8The Central Board of Excise and Customs has amended the tariff value charged per metric tonne of the following goods: - Brass scrap of all grades, under heading 7404 00 22, is now charged at a tariff value of 4018 US$ per metric tonne and; - poppy seeds, under heading 1207 91 00, charged at a tariff value of 3897 US$ per metric tonne 8Rest all items in the table, like Crude Palm Oil, RBD Palm Oil, Other Palm Oil, Crude Palmolein, RBD Palmolein, Other Palmolein, Crude Soyabean Oil, have been unchanged.
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Tariff concession increased by 25% for goods of Schedule I of the Customs Tariff Act
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Apr 18, 2010:
8The Central Government, amending Notification No. 107/2008-Customs, published on 6th October, 2008, has increased the tariff concession given to goods mentioned under the First Schedule to the Customs Tariff Act, 1975. 8According to the amendment, the goods which were previously given tariff concession of 50% have now been granted a benefit of tax concession of 75% and the goods with earlier tariff concession of 75% have now been given a concession of 100%.
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Foreign currency exchange rates
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Apr 13, 2010:
8The Central Board of Excise and Customs has released via Notification No. 26 / 2010, the rate of exchange of conversion of foreign currency into Indian currency or vice versa. The rate of exchange of one unit of foreign currency equivalent to Indian rupees is as given below:
(While Import) (While Export)
US Dollar 45.90 45.00 Australian Dollar 41.90 40.75 Canadian Dollar 45.15 43.90 Danish Kroner 8.30 8.00 EURO 61.40 59.75 Hong Kong Dollar 5.90 5.80 Norwegian Kroner 7.65 7.35 Pound Sterling 68.55 66.75 Swedish Kroner 6.35 6.15 Swiss Franc 3.00 41.90 Singapore Dollar 32.80 31.90 Japanese Yen 49.90 48.45
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Amendments made to Customs House Agents Licensing Regulations
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Apr 12, 2010:
The CBEC has made the following amendments to the Customs House Agents Licensing Regulations, 2004: 8Regulation 8(1) necessitating an applicant to undertake written and oral examination twice a year, has been amended, to require such examination once a year. 8A new subsection 9 to Regulation 8 has been added, stating that any person who has been held successful in the examination but has not yet been granted license shall be considered to have passed the examination. 8Obligations placed on Customs House Agent have been enhanced by new insertions under Regulation 13 (n). 8In case of need of suspension of license, the Commissioner of Customs is required to take appropriate action within fifteen days from date of receipt of substantiating report from investigating authority. Accordingly, Regulation 20(2) has been amended. 8A new regulation has been inserted after Regulation 20(2), granting an opportunity to the the Customs House Agent, whose license has been suspended, to represent himself within 15 days of suspension. 8Following changes have been made in the procedure for suspending or revoking license: -- The new Regulation 22(1) states that the Commissioner of Customs shall issue a notice within ninety days of receipt of offence report, subsequent to which, the Customs House Agent is required to submit a written explanation within 30 days. -- According to Regulation 22(5), the Deputy Commissioner of Customs or Assistant Commissioner of Customs shall prepare a report of the inquiry against suspension reason, within 90 days. -- Further, according to Regulation 22(6), the Commissioner of Customs is required to furnish the report of the Deputy Commissioner of Customs to the Customs House Agent, within 30 days. (Click here to find the Notification and the the Customs House Agents Regulations 2004)
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Customs briefs
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Mar 17, 2010:
8The CBEC has increased the tariff value applicable to all grades of brass scrap, from the prior USD 3732, to USD 3801 per tonne. 8At the same time, the tariff value for poppy seeds has been decreased to USD 4256 per tonne, from USD 4640 earlier.
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Customs Briefs (2/23/2010)
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Feb 23, 2010:
8The Ministry of Finance, after a pertinent investigation, has imposed anti-dumping duty on imports of bus and truck radial tires, falling under item numbers 40112010 (for tires) and 40131020 and 40129049 (for tubes and flaps, respectively) of the First Schedule, from China (PR) and Thailand. The duty amount ranges from 34.81 USD per TTF set, or tubeless tire, to 99.05 USD. 8Anti-dumping duty has also been imposed on cold rolled flat stainless steel products (Heading 7219 of First Schedule) imported from China (PR), Korea, EU, South Africa, Taiwan, Japan and the US. This notification is retroactive from the date of imposition of provisional duty, March 27, 2009. 8The government has exempted the import of various equipment and supplies needed for the forthcoming Commonwealth 2010 Games from customs duty. Such goods may, however, only be imported by the Organizing Committee, Federation members or participating athletes.
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CBEC briefs
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Feb 21, 2010:
8The CBEC has appointed the Commissioner of Central Excise (CCE), Mumbai-IV, as the common adjudicating authority for a large number of cases involving Larsen and Toubro. These cases were, previously, assigned to various Commissioners and Assistant Commissioners in Maharashtra. 8In a separate development, the Commissioner of Customs (Export Promotion), Mumbai, has been assigned as the common adjudicating authority with respect to various show cause notices issued on a Special Intelligence and Investigation Branch (Export) case involving Hazel Mercantile Private Limited and Veritas Exports. 8Additionally, the CBEC has transferred to Commissioner of Customs, The Mall, Amritsar, the authority to adjudicate on a case involving Tristar Air-conditioning, Himachal Pradesh, previously conferred upon the Commissioner of Customs (Export), JN Port Trust, Nhava Sheva, Raigad, Maharashtra. 8The Commissioner of Customs (Import), Sahar Air Cargo Complex, Mumbai, will now be the common adjudicating authority for a case involving Adani Exports, previously attached to various other Commissioners of Custom. 8The Commissioner of Customs (Adjudication), Mumbai, will now adjudicate on a case involving Jindal Fine Industries, the responsibility for which previously rested on Commissioners in Kolkata and Amritsar.
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CBEC briefs
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Feb 16, 2010:
The CBEC has announced a decrease in the tariff value for all grades of Brass Scrap, falling under the tariff number 7404-00-22. Against the USD 3597 per metric ton applicable earlier, a tariff of USD 3555 would apply, effective February 15, 2010. 8At the same time, tariff on Poppy Seeds (Tariff no. 1207-91-00) has been increased, from USD 4392, to USD 4760 per metric ton, effective February 15, 2010. 8The CBEC has issued a notification granting permission to all domestic private airlines, in addition to Air India and Indian Airlines, to carry domestic cargo over the domestic segments of their international flights. This is effective February 15, 2010.
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Customs Non-Tariff Briefs
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Feb 01, 2010:
8Ministry of Finance has revised deemed foreign exchange rates for import and export of goods. These new rates are effective from February 1, 2010. Please click on Details to view the list of rates. 8The Ministry of Finance has increased the tariff on all grades of Brass Scrap, from $3490 per metric tonne, to $3597 per metric tonne. At the same time, the tariff value of Poppy Seeds has also increased, from $3627 per metric tonne, to $4392 per metric tonne.
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Anti-dumping duty imposed on Carbon Black from China, Australia, Russia and Thailand
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Feb 01, 2010:
The Government of India has imposed anti-dumping duty on Carbon Black (subject goods), used in rubber applications, originating in or exported from Australia, China, Russia and Thailand (subject countries). According to final findings of an investigation conducted by the designated authority, it was found that: (a) the subject goods had been exported to India from the subject countries below their normal value; (b) the domestic industry had suffered material injury; and (c) the injury had been caused by the dumped imports from subject countries; 8The authority has, hence, imposed anti-dumping duty on the same, ranging from USD 0.084 per kg to USD 0.423 per kg, payable in Indian rupees. This order is valid for five years starting July 30, 2009, the date of provisional imposition of anti-dumping duty on these goods.
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Adjudicating Authorities for Regular Exports, Ludhiana and Madhuri Impex, Surat changed: Ministry of Finance Orders
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Jan 31, 2010:
8The CBEC, under the Ministry of Finance, via a notice, dated December 31, 2009, has changed the adjudicating authority for a case involving Regular Exports, Ludhiana, from the Additional Director General, DRI, Delhi Zonal Unit, New Delhi, to the Commissioner of Central Excise (Adjudication), also referred to as Commissioner of Central Excise (Adjudication)-I, New Customs House, New Delhi. 8Similarly, through a notice dated December 23, 2009, it has been announced thata case involving Madhuri Impex, Surat, will now be judged by the Commissioner of Customs (Adjudication), Mumbai, instead of the Additional Director General, DRI, Ahmedabad.
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Customs Tariff [Determination of Origin of Goods under the Preferential Trade Agreement between the Governments of ASEAN and the Republic of India] Rules, 2009, now applies to only specific countries
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Jan 31, 2010:
8Ministry of Finance has released a Customs Non-Tariff Notification no. 7/2010 dated January 19, 2010, which has amended a prior notification no. 189/2009, dated December 31, 2009, the Customs Tariff [Determination of Origin of Goods under the Preferential Trade Agreement between the Governments of Member States of the Association of Southeast Asian Nations (ASEAN) and the Republic of India] Rules, 2009. 8Via notification no. 7/2010, the Ministry has specified the that the word `party`, when used in the document, refers to India, Malaysia, Singapore or Thailand. The word `parties` refers to all four countries, collectively. The notification adds Annexure IV, which is a list consisting of Malaysia, Singapore and Thailand. Please click on details to view further information.
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Custom Duty Exemptions for new Sports Goods and conditions under which exemption can be claimed: Ministry of Finance Notification
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Jan 21, 2010:
8The Ministry of Finance has released customs tariff notification 05/2010, dated January 19, 2010, which has amended principal notification 146/94, dated July 13, 1994. Via this notification, the Government has deemed several sports goods eligible for exemption from customs duty and has stipulated conditions applicable to the exemption. 8All sports goods, sports equipments, sports requisites, including synthetic playing surfaces, fitness equipments, sports medicine, sports apparel are now exempt, subject to their import by: --Sports Authority of India or Sports Authority of concerned State, for use in a national or international championship or competition, to be held in India or abroad or for the purposes of training, or --A National Sports Federation for its own use or for the use of its State/District Affiliate Associations, in a national or international championship or competition, to be held in India or abroad or for the purposes of training , under a certificate issued by the Sports Authority of India, or --the Services Sports Control Board in the Ministry of Defence for their own use or for use in a national or international championship or competition, to be held in India or abroad or for the purposes of training, under a certificate issued by the Services Sports Control Board. 8A large number of sports items have been added to the list of items exempt from customs duty, subject to certain conditions. Please click on details to view these items. 8Further, items, such as Arms and Ammunition, that are subject to licensing conditions imposed by the Directorate General of Foreign Trade and approvals by the Ministry of Home Affairs, are also excepted. 8Anti-doping and dope testing related equipment are now also exempt from customs duty, subject to certain conditions.
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Customs Duty Rates changed for some goods originating in Korea: Ministry of Finance Notification
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Jan 21, 2010:
8The Ministry of Finance has released Customs Tariff Notification 04/2010, dated January 15, 2010, which amends principal notification 152/2009, dated December 31, 2009. Via this notification, the ministry has marginally increased the rates of custom duty for a large number of goods originating in Korea. For further information, please click on Details.
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Ministry of Finance allows all import, export transactions at Jaigad port, Maharashtra
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Jan 19, 2010:
8Ministry of Finance has released a customs non-tariff notification, 05/2010, dated January 13, 2010, amending the principal notification 62/94, dated November 21, 1994. Via this notification, the ministry has announced that Port Jaigad, in Maharashtra, can be used to load and unload all items, to and from ships. 8Prior to the new notification, the Jaigad port was to be used, exclusively, to load Molasses and Bauxite Ore for export.
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Finance Ministry briefs
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Jan 18, 2010:
8CBEC, under the Ministry of Finance, has issued a notice, dated December 7, 2009, in relation to a case involving Nidhi Textiles, Surat, wherein the adjudicating authority has been changed, from the Additional Director General, DRI, Ahmedabad, to the Commissioner of Customs (Adjudication), Mumbai. 8The Ministry of Finance has released a Customs non-tariff notification, 6/2010, dated January 15, 2010, amending the principal notification 36/2001, dated August 3, 2001. Via this notification, the tariff on Brass Scrap (all grades) has been increased, from $3476 per metric tonne, to $3490 per metric tonne.The tariff value of Poppy Seeds has also increased, from $3144 per metric tonne, to $3627 per metric tonne. Click on details to view the document.
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Ministry of Finance notification exempts RAPS, KAPP expansion units from customs duty
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Jan 17, 2010:
8The Ministry of Finance has finally announced that supplies for Rajasthan Atomic Power Station (RAPS), 220 MW units 5 and 6, and 700 MW units 7 and 8, at Rawatbhata, are exempt from customs duty. At the same time, the ministry has also exempted NPCIL from paying duty on equipment imported for units 3 and 4 of the Kakrapar Atomic Power Project (KAPP). This was communicated via customs tariff notification 03/2010, dated January 13, 2010, which has amended the original notification 21/2002, dated March 1, 2002. 8Notably, Unit 5 of RAPS was synchronized to the Northern Grid on December 22, 2009, while Unit 6 is expected to commence commercial operations in February 2010. Both units consist of pressurized heavy water reactors (PHWR). While the power project at Kakrapar, in Gujarat, already houses two 220 MW units, the third and fourth units are NPCIL's first indigenous attempt to build 700 MW PHWR-based plants. Larsen and Toubro was awarded the Rs 844 crore contract for the civil work at both units in December 2009, even as the units are expected to be commissioned within the next five years.
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Anti-Dumping Duty on Russian Polytetrafluroethylene (PTFE) extended till November 17, 2010: Ministry of Finance Notification
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Jan 14, 2010:
8The Ministry of Finance has, recently, released Customs Notification No. 02/2010, dated January 11, 2010, amending notification 110/2004, dated November 18, 2004. 8Via the said notification, the ministry has extended the imposition of anti-dumping duty on imports of Polytetrafluroethylene (PTFE) from Russia till November 17, 2010. Till this notice, duty on imports of the chemical was applicable till November 18, 2009.
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Anti-Dumping Duty imposed on Chinese tire vulcanizers
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Jan 13, 2010:
Via a recent notification, 01/2010-Customs, dated January 8, 2010, the Ministry of Finance has imposed anti-dumping duty on tire vulcanizers, which fall under tariff item 8477/51/00, originating or imported from China. Duty has been fixed at 10% of the CIF Value of Imports and has been imposed on the following grounds: 8the subject goods have entered the Indian market from the subject country at prices less than their normal values in the domestic market of the exporting country; 8the dumping margins of the subject goods imported from the subject country are substantial and above de minimis; and 8the domestic industry has suffered material injury and the injury has been caused to the domestic industry, both by volume and price effect of dumped imports of the subject goods originating in or exported from the subject country; 8This notification is effective from the date of issue of this notification.
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Amendment of Custom Notifications 49/2005 and 39/2005: Ministry of Finance
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Jan 11, 2010:
8The Ministry of Finance has released a customs non-tariff notification 01/2010 dated January 6, 2010, amending the principal notification 49/2005, dated June 17, 2005. The Chief Commissioner of Central Excise (Appeals), Daman's, area of jurisdiction now falls under the committee comprising of the Commissioner of Central Excise, Daman, and the Commissioner of Central Excise, Vapi. To view more details, please click on the Details link. 8Another customs non-tariff notification 02/2010, dated January 6, 2010, has been released, amending principal notification 39/2005, dated May 13, 2005. The ministry has changed the area of jurisdiction for the Chief Commissioners of Central Excise, Vadodara and Jaipur, from 'Daman, Surat-I, Surat-II, Vadodara-I, Vadodara-II and Valsad' to 'Daman, Surat-I, Surat-II, Vadodara-I, Vadodara-II and Vapi'.
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Amendment of Customs Notification no. 107/2009: Ministry of Finance
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Jan 06, 2010:
8The Ministry of Finance has released a customs tariff notification 148/2009, dated December 31, 2009 amending an existing notification 107/2009, dated September 23, 2009 which, in turn, had revised notification no. 67/2006, dated June 30, 2006. 8This notification (Notification no. 148/2009) replaces the Customs Tariff Table in notification no. 107/2009. Please click on details to view this revised table.
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Amendment of Customs Notification 68/2006: Ministry of Finance
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Jan 06, 2010:
8The Ministry of Finance has released a customs tariff notification 149/2009, dated December 31, 2009, amending an existing notification 68/2006, dated June 30, 2006. The ministry has, thereby, reduced the rate of duty applicable for the import of various items, under 248 headings/sub-headings, from the countries of Bangladesh Bhutan, Maldives and Nepal to 8%. Prior to this, notification 68/2006 was last modified via notification 108/2009, dated September 23, 2009. 8The new customs rate is applicable from January 1, 2010.
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Amendment of Customs Notification no. 70/2009: Ministry of Finance
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Jan 06, 2010:
8The Ministry of Finance has released a customs tariff Notification 150/2009, dated December 31, 2009, amending an existing notification 10/2008, dated January 15, 2008. This notification (Notification 150/2009) revises the Customs Tariff rates applicable to various goods. Notification 10/2008 was last modified by notification 70/2009-Customs, dated June 19, 2009. Please click on details to view this revised table.
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Various Korean goods exempt from Customs Duty
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Jan 05, 2010:
8The Government of India has issued notification 151/2009-Customs, exempting a large number of goods, under various chapters and headings, originating from Korea, from customs duties, as part of the Preferential Trade Agreement signed between Korea and India. These rates will be effective from January 1, 2010. 8However, to obtain the exemption, the importer will have to prove to the satisfaction of the Deputy or Assistant Commissioner of Customs that the goods in question originate from Korea.
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New Customs Duty rates for various goods originating in Korea
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Jan 05, 2010:
8The Government of India, via notification no. 152/2009 - Customs, has stipulated reduced customs duties for a large number of goods originating from Korea, as part of the Preferential Trade Agreement signed between Korea and India. These new rates will be effective from January 1, 2010. 8However, the importer will have to prove to the satisfaction of the Deputy or Assistant Commissioner of Customs that the goods in question originate from Korea.
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New Custom Duty rates for goods originating in Malaysia, Singapore or Thailand
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Jan 05, 2010:
8The Government of India, via notification 153/2009 - Customs, has stipulated customs duties for a large number of goods falling under various chapters, headings, sub-headings and tariff item numbers, with respect to imports from Malaysia, Singapore and Thailand. These new rates will be effective from January 1, 2010. 8However, to avail these reduced duties, the importer will have to prove to the satisfaction of the Deputy or Assistant Commissioner of Customs that the goods in question originate from these three countries. This notification is a partial outcome of the Preferential Trade Agreement signed between ASEAN and India.
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Adjudicating Authorities changed for specific cases
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Jan 05, 2010:
The Ministry of Finance has issued notifications changing the adjudicating authorities for the following cases: 8Case: M/s. Shivalik Impex and others - New Delhi Adjudicating Authority: Commissioner of Customs, Inland Container depot, Tughlakabad, New Delhi 8Case:M/s Grand Organics, Goa and others - Mumbai Adjudicating Authority: Commissioner of Customs and Central Excise, Goa 8Case: M/s. Wings (India) Fashions Private Limited and others - New Delhi Adjudicating Authority: Deputy / Assistant Commissioner of Customs (Air Cargo Complex), New Delhi
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Customs Tariff (Determination of Origin of Goods under the Preferential Trade Agreement between the Governments of Member States of the Association of Southeast Asian Nations (ASEAN) and the Republic
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Jan 05, 2010:
8The Ministry of Finance has issued notification 189/2009, announcing the `Customs Tariff (Determination of Origin of Goods under the Preferential Trade Agreement between the Governments of Member States of the Association of Southeast Asian Nations (ASEAN) and the Republic of India) Rules, 2009`. These rules are effective from January 1, 2010. 8Please click on Details for a copy of the new set of Customs Tax Rules.
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Anti-dumping duty imposed on Sodium Nitrite originating in or exported from China
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Jan 05, 2010:
8The Government of India, vide Notification No.143/2009 - Customs, dated 22nd December, 2009, has imposed anti dumping duty on Sodium Nitrite originating in or exported from People’s Republic of China. According to preliminary findings of the designated authority, it was found that: (a) Sodium Nitrite, originating in, or exported from, China, had been exported to India below normal value, resulting in dumping; (b) the domestic industry had suffered material injury; (c) the injury had been caused cumulatively by the imports from China; 8The authority hence, recommended imposition of provisional anti-dumping duty on imports of Sodium Nitrite, originating in or exported from China, at the rate of USD 617.42 per tonne. This order is valid till January 16, 2011, unless revoked earlier.
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Provisional Anti-dumping duty review for Color TV CRTs exported by Meridian Solar, Korea
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Jan 04, 2010:
8Notification No. 144/2009-Customs dated 23rd December, 2009 directs that Cathode Ray Colour Television Picture Tubes exported by Meridian Solar and Display Company Ltd., the producer and exporter from Korea RP, should undergo only provisional assessment for anti-dumping duty. 8According to the final findings in case of import of Cathode Ray Colour Television Picture Tubes, falling under sub-heading 8540 11 of the First Schedule to the Customs Tariff Act, originating in or exported from Malaysia, Thailand, People's Republic of China and Korea RP, it was found that: (a) Imports originating in the above mentioned countries are taking place at dumped prices and the same have caused material injury to the domestic industry. (b) The decline in market share of domestic industry as a consequence of increase in market share of imports from these countries has prevented the domestic industry from increasing their sales commensurate to growth in demand. (c) Significant price-undercutting and substantial increase in volume of dumped imports has adversely affected the performance of domestic industry in terms of profits, cash flow, and return on investment. (d) Significant increase in volume of dumped imports from the subject country (both in absolute terms as well as in relation to the share in demand) has resulted in significant decline in market share of the domestic industry. 8The designated authority hence recommended imposition of anti-dumping duty on imports of Cathode Ray Colour Television Picture Tubes, originating in or exported from these countries. Subsequently, Meridian Solar and Display Company Ltd., a producer/exporter of the same, in Korea RP, requested a review of this directive under rule 22 of the Customs Tariff Rules, 1995, in respect to its products. 8The Central Government has, thus, ordered that such exports by Meridian Solar and Display Company Ltd., when imported into India, shall be subject to provisional assessment till the review is completed. In case of recommendation of anti-dumping duty after completion of this review, the importer shall be liable to pay that amount of anti-dumping duty, from the date of initiation of the review.
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