BORN IN INDIA I SERVED FROM INDIA I TO THE GLOBE Dated: 06.02.23 Customs Manual 2023 1.1 Central Board of Indirect Taxes and Customs (CBIC or the Board), Department of Revenue, Ministry of Finance, Government of India deals with the formulation of policy concerning levy and collection of Customs, Goods and Service Tax …
Changes in Customs and Central Excise Duty Rates-Union Budget 2023-2024
BORN IN INDIA I SERVED FROM INDIA I TO THE GLOBE Dated: 03.02.23 Changes in Customs and Central Excise Duty Rates-Union Budget 2023-2024 The Union Finance Minister had introduced the Finance Bill, 2023 in Lok Sabha on 01st February 2023. Amendments have been proposed through clauses 123 and 124 of the Bill …
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Major Highlights-Budget 2023-24
BORN IN INDIA I SERVED FROM INDIA I TO THE GLOBE Dated: 01.02.23 Major Highlights-Budget 2023-24 Key points FY-2024 fiscal deficit target at 5.9% of GDP Outlay for capital spending increased 33% to 10 trillion rupees in 2023/24 Cigarettes to get costlier as Budget proposes 16% hike in duty To set up agriculture accelerator …
Refunds under the Indian Customs Act, 1962 against Advance Authorization/EPCG License Revocations
BORN IN INDIA I SERVED FROM INDIA I TO THE GLOBE Dated: 25.01.23 Refunds under the Indian Customs Act, 1962 against Advance Authorization/EPCG License Revocations The legal provisions related to the refund’s provisions under the Indian Customs Act, 1962, which is applicable for PAN India locations is produced below for a Legal …
Customs Valuation Declaration Rules 2023
BORN IN INDIA I SERVED FROM INDIA I TO THE GLOBE Dated: 19.01.23 Customs (Assistance in Value Declaration of Identified Imported Goods) Rules, 2023 The CBIC vide Notification No 03/2023-Customs (NT) has notified the Customs (Assistance in Value Declaration of Identified Imported Goods) Rules, 2023 on 11th January 23. Key Points: Procedure …
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