Category Archives: Excise

Exchange Rate of Foreign Currency w.e.f 17.02.2017

Exchange Rate of Foreign Currency Relating To Imported and Export Goods Notified 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 and Customs(CBEC) No.09/2017-CUSTOMS (N.T.), dated 2nd February, 2017, except as respects things done or… Read More »

Change in tariff value of Crude Palm Oil, RBD Palm Oil, others

Change in tariff value of Crude Palm Oil, RBD Palm Oil, others – Palm Oil, Crude Palmolein, RBD Palmolein, others – Palmolein, Crude Soyabean Oil, Brass Scrap (All Grades), Poppy Seeds, Areca Nuts, Gold and Silver Notified In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52… Read More »

Amendment in Pan Masala Packing Machines (Capacity Determination and Collection of Duty) Rules, 2008

PAN MASALA PACKING MACHINES (CAPACITY DETERMINATION AND COLLECTION OF DUTY) AMENDMENT RULES, 2017 – AMENDMENT IN FORM NO.2 NOTIFICATION NO.2/2017-C.E. (N.T.), DATED 2-2-2017 In exercise of the powers conferred by sub-sections (2) and (3) of section 3A of the Central Excise Act, 1944 (1 of 1944), the Central Government hereby makes the following rules further… Read More »

6% concessional excise/CV duty on machinery required for setting of fuel cell for generation of power

Seeks to prescribe 6% concessional excise/CV duty on all items of machinery required for (a) initial setting up of fuel cell based system for generation of power or for demonstration purposes and (b) for balance of systems operating on biogas or bio-methane or by-product hydrogen. NOTIFICATION NO.5/2017-C.E., DATED 2-2-2017 In exercise of the powers conferred… Read More »

Cenvat Credit available on input services even if depreciation is also claimed on it

CESTAT, MUMBAI BENCH Shree Pandurang SSK Ltd. v. Commissioner of Central Excise, Pune-III RAMESH NAIR, MEMBER, (J.) APPEAL NO. E/592 OF 2012 ORDER NO. A/85139/17/SMB DECEMBER  7, 2016 Sanjay Hasija, Superintendent (AR) for the Respondent. ORDER Ramesh Nair, Member (J.) – The issue involved in the present case is that appellant availed Cenvat credit in… Read More »

Guidelines for Seizure of Custom Goods by CBEC

F.No. 591/04/2016-Cus (AS) Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs (Anti-Smuggling Unit) *** Instruction no. 01/2017-Customs New Delhi, dated 8th February, 2017 To All Principal Chief Commissioners/ Chief Commissioners of Customs/Customs (Preventive), All Principal Chief Commissioners/ Chief Commissioners of Customs & Central Excise. All Principal Directors General… Read More »

BDP’s Customs Law Manual (2017-18 Budget Editon with CD) -New Book

BDP’s Customs Law Manual (2017-18 Budget Editon with CD) The book Contains: Budget Highlights 2017-18; CBEC Customs Manual; Customs Act, 1962 (As amended); Customs Rules and Regulations; Notifications issued under Customs Act; Customs Forms and Bonds; Appeal, Revision and Case Laws; Instructions and Circulars; Rates of Duty Drawback FTA Agreements signed by India; PTA Agreements… Read More »

Budget 2017-18- Notifications on Central Excise , Customs and Service tax – New Book

BUDGET NOTIFICATIONS on Central Excise ,Customs & Service Tax 2017-18 (Full Text) – 2017 This book on Budget 2017-18- Notifications – Contains the full text of the Notifications on changes in the Central Excise, Customs and Service tax in the Union Budget 2017-18 with Highlights on Indirect Tax Proposals. You can buy this book for… Read More »

Cenvat Law & Practice Finance Bill 2017 Edition Book by V.S. Datey

Cenvat Law & Practice – Finance Bill 2017 Edition (31st Edition, 2017) by V.S. Datey  Cenvat Law & Practice – Finance Bill 2017 Edition Book contains Comprehensive Commentary on Law relating to Cenvat Also Incorporating: Comprehensive Case Laws Coverage Department Instructions Guide to Procedures Documentation You can buy this Book for Rs 1076. Click to buy this… Read More »

Exchange Rate of Foreign Currency w.e.f 03.02.2017

Exchange Rate of Foreign Currency Relating To Imported and Export Goods Notified 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 and Customs No.5/2017-CUSTOMS (N.T.), dated 19thJanuary, 2017, except as respects things done or omitted… Read More »

Customs and Central Excise Notifications -Budget 2017-18

Customs and Central Excise Notifications -Budget 2017-18 Notifications Customs Tariff Central Excise Tariff Central Excise Non-Tariff Service Tax Index Explanatory Notes Explanatory Note D.O. Letter from JS(TRU-I) D.O. Letter from JS(TRU-II) Related Post on Budget 2017-18 Budget Speech 2017-18 -Download /Print Finance Bill 2017 -Download /Print -Budget 2017-18 Memorandum Explaining Provisions in Finance Bill 2017… Read More »

Margin of Preference of 60% for all goods under 0802 80 under DFTP scheme

Notification No. 02/2017-Customs dated 27.01.2017 seeks to further amend Notification No. 96/2008-Customs dated 13.08.2008 so as to prescribe a Margin of Preference of 60% for all goods falling under sub-heading [0802 80] under the Duty Free Tariff Preference (DFTP) scheme. Notification No 02/2017-Cus,dt. 27-01-2017

Filing appeal in High Court by Department – CBEC Fixed monetary Limit

Monetary limit of Rs.20,00,000/- prescribed for filing appeal in the High Court Central Board of Excise & Customs vide Circular F.No.390/Misc./163/2010-JC/Pt,Dated: December 30, 2016, has fixed the monetary limit of Rs. 20,00,000/- below which appeal shall not be filed in the High Court by the department. Download [Circular F.No.390/Misc./163/2010-JC/Pt, Dated: December 30, 2016] 

Presidential Award of Appreciation Certificate to 40 Officers of Customs & Excise

40 Officers of the Customs & Central Excise selected for Grant of Presidential Award of Appreciation Certificate for Specially distinguished Record of Service. Every year, the Officers of the Board of Customs & Central Excise, Department of Revenue are considered for grant of Presidential Award of Appreciation Certificate for ‘exceptionally meritorious service rendered at the… Read More »

Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver

Tariff value Notification in respect of Fixation of tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver Notification NO 04/2017-Cus (NT),dt. 13-01-2017 Press release Change in Tariff Value of Crude Palm Oil, RBD Palm Oil, Others – Palm Oil, Crude Palmolein, RBD Palmolein, Others – Palmolein, Crude Soyabean Oil, Brass Scrap… Read More »

Excise Duty ib Plain (un-modified) Tamarind Kernel Powder falling under heading 1302

Notification under Section 11C of the Central Excise Act on Plain (un-modified) Tamarind Kernel Powder falling under heading 1302 [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 01/2017- Central Excise (N.T.) New Delhi, the 11th January, 2017… Read More »

Ant-dumping duty on Colour coated/pre-painted flat products of alloy or non-alloy steel from china

Seeks to levy provisional ant-dumping duty on ‘Colour coated/pre-painted flat products of alloy or non-alloy steel’ originating in or exported from People’s Republic of China and European Union for a period of six months (unless revoked, superseded or amended earlier). Notification no 02/2017-Cus (ADD), dt. 11-01-2017

Direct Tax and Indirect tax collection April 2016 to December 2016

Direct Tax and Indirect tax collection April 2016 to December 2016 Tax collection figures for the period April -December 2016 show a positive trend as Direct Taxes grow by 12.01% and Indirect Taxes grow by 25% over the corresponding period last year i.e. April-December 2015 Direct Tax and Indirect tax collection figures for the period… Read More »

Indian Customs Traveller Guide Mobile App for Baggage rules

Indian Customs Traveller Guide Mobile App for Baggage rules Download Indian Customs Traveller Guide Mobile App for Baggage rules for Android User Download Indian Customs Traveller Guide Mobile App for Baggage rules for Apple User Download Indian Customs Traveller Guide Mobile App for Baggage rules for Window User A simplified guide to Baggage rules applicable to passengers travelling by air. This… Read More »

Anti-dumping duty on import of Jute Products from Bangladesh or Nepal

Seeks to levy definitive anti-dumping duty on import of ‘Jute Products’ viz. Jute Yarn/Twine (multiple folded/cabled and single), Hessian fabric and Jute sacking bags from Bangladesh or Nepal for a period of five years (unless revoked, superseded or amended earlier) [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]… Read More »

SWIFT online clearance in exports ; Indian Customs Single Window for Export

Circular No. 1/2017-Customs F.No.450/101/2016-Cus-IV Government of India Ministry of Finance Department of Revenue (Central Board of Excise and Customs) Room 227B, North Block New Delhi, dated the 4th January, 2017 To, All Chief Commissioners of Customs / Customs (Preventive), All Chief Commissioners of Customs and Central Excise, All Principal/ Commissioners of Customs / Customs (Preventive),… Read More »

India and Uruguay Agreement for Mutual Assistance in Customs Matters

Cabinet approves Agreement between India and Uruguay regarding Cooperation and Mutual Assistance in Customs Matters  The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has approved signing and ratifying an Agreement between India and Uruguay regarding Cooperation and Mutual Assistance in Customs Matters. The Agreement will help in the availability of relevant information… Read More »

Deeper tariff concessions for specified goods imported from Malaysia

Seeks to amend notification No. 53/2011-Customs dated 01st July, 2011 so as to provide deeper tariff concessions in respect of specified goods imported from Malaysia under the India-Malaysia Comprehensive Economic Cooperation Agreement (IMCECA) w.e.f. 01.01.2016 and to carry out editorial changes as a result of HS 2017 changes Notification No 65/2016-Cus,dt. 31-12-2016