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The Public Accounts Committee (PAC), in its Fifty-Third Report (Eighteenth Lok Sabha), PAC No. 2487, has reviewed the action taken by the Ministry of Finance, Department of Revenue, on the observations and recommendations contained in the Committee’s 79th Report of…
CBIC issued Circular no. 11/2026-Customs dated 16.03.2026 regarding Facilitation in import of pet dogs and pet cats along with stranded Indians in war-hit Middle East countries
CBIC issued Notification No. 07/2026-Customs dated 26.03.2026 that Seeks to exempt imports of Aviation Turbine Fuel from whole of the additional duty of Customs leviable thereon under sub-section (1) of section 3 of Customs Tariff Act as is equivalent to the amount of Special Additional Excise Duty
DGFT issued Public Notice No. 02/2026-27 dated 10.04.2026 regarding Procedure for Allocation of Quantities for import of Calcined Petroleum Coke for Aluminium Industry and Raw Petroleum Coke for CPC manufacturing industry for the Financial Year 2026 27
CBIC issued Notification no. 33/2025-Customs (ADD) dated 17.11.2025 and Seeks to impose ADD on “Liquid Epoxy Resins” falling under tariff item 3907 30 10 and 3907 30 90 when imported from China PR, Korea RP, Saudi Arabia, Taiwan and Thailand for a period of 5 years from date of notification
Two Directorate of Revenue Intelligence (DRI) officials have been suspended following allegations of illegal detention bribe demand and misconduct in a case of duty evasion involving import of insecticides.
CBIC has made it mandatory from December 1 to declare the method used for producing synthetic or reconstructed diamonds at the time of export or import. This will help in quick processing and inspection of consignment which in turn will facilitate the trade.
A parliamentary panel has asked the Centre to provide GST exemption for imported pharmaceutical products used by hospitals or scientific organisations in research on life-saving medicines and treatments. The PAC, chaired by Congress member Adhir Ranjan Chowdhury, also said providing…
The CESTAT Bangalore, in the case of Mr. Rafeek K.T. v. Commissioner of Customs, Cochin [Customs Appeal No. 20074 of 2020 dated October 25, 2023] allowed the Appeal and held that the penalty cannot be imposed on the Appellant solely…
The Directorate General of Foreign Trade (DGFT) on Friday announced that its decision to restrict the import of certain laptops and computers under HSN 8471 will come into effect from November 1, 2023. After this set date by the government,…