In one of the largest such operation in its history, the Custom Central Intelligence Unit (CIU) of Jawaharlal Nehru Custom House (JNCH) has put on hold 122 containers on suspicion of containing banned Chinese fireworks, electronic items, microchips, and other contraband.
Applicability of Notification No. 71/2023 dated 11.03.2024
The Directorate General of Foreign Trade (DGFT) issued a Trade Notice No. 03/2024 dated 10.05.2024 regarding applicability of notification no. 71/2023 dated 11.03.2024.
Amendments to the All Industry Rates of Duty Drawback w.e.f.03.05.2024
The Central Board of Indirect Taxes and Customs (CBIC) issued Circular No. 04/2024- Customs dated 07.05.2024 regarding amendments to the All Industry Rates of Duty Drawback effective from 03.05.2024.
Notification No. 25/2024-Customs dated 06.05.2024
The Central Government issued a Notification No. 25/2024 – Customs dated 06.05.2024 to make amendment in the notification no.50/2017-customs dated 30.06.2017.
Notification No. 24/2024-Customs dated 03.05.2024
The Central Government issued a Notification No. 24/2024 – Customs dated 03.05.2024 to amend the notifications specified in the notification
Notification No. 34/2024-Customs (N.T.) dated 02.05.2024
CBIC issued Notification No. 34/2024 – Customs (N.T.) dated 02.05.2024 in supersession of the Notification no. 30/2024 – Customs (N.T.) dated 18.04.2024. The Central Board of Indirect Taxes and Customs hereby determines that the rate of exchange of conversion of each of the foreign currencies into India Currency or vice-versa. The changes shall be effective from 03.05.2024.
Rates of Duty Drawback for certain specified goods amended w.e.f 03.05.2024
Rates of Duty Drawback in respect of certain commodities falling under Chapters 3, 16, 42, 63, 72, 75, 81, 85, 87, 88 and 93 have been amended. The changed rates will be effective from 03.05.2024.
Instruction on review of requirement of G-Card holders at a Customs Station and conduct of G-Card examination in terms of Regulation 13 of CBLR, 2018
The Central Board of Indirect Taxes and Customs issued an Instruction No. 12/2024-Customs dated 01.05.2024 regarding Instruction on review of requirement of G-Card holders at a Customs Station and conduct of G-Card examination in terms of Regulation 13 of CBLR, 2018.
Extension period for 3 months to Ortho-phosphoric Acid which is used for manufacturing of Fertilizes
The Central Board of Indirect Taxes and Customs issued an Instruction No. 09/2024 – Customs dated 22.04.2024 regarding extension period of 3 months to Ortho-phosphoric Acid which is used for manufacturing of Fertilizers from applicability of BIS standard IS 798-2020 implemented through QCO dated 13.05.2022.
Acceptance of E-certificate of Origin issued by the issuing Authority of Korea under India-Korea Comprehensive Economic Partnership Agreement after implementation of Indo-Korea EODES
The Central Board of Indirect Taxes and Customs issued Instruction No. 10/2024 – Customs regarding Acceptance of E-certificate of Origin issued by the issuing Authority of Korea under India-Korea Comprehensive Economic Partnership Agreement after implementation of Indo-Korea Electronic Origin Data Exchange System (EODES).