CONFISCATION OF GOODS AND CONVEYANCES AND IMPOSITION OF PENALTIES UNDER INDIAN CUSTOMS ACT, 1962

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BORN IN INDIA I SERVED FROM INDIA I TO THE GLOBE   Dated: 16.02.23   CONFISCATION OF GOODS AND CONVEYANCES AND IMPOSITION OF PENALTIES UNDER INDIAN CUSTOMS ACT 1962   The Indian Customs Act, 1962 has very elaborate provisions related to Confiscation of Goods and Conveyances and accordingly the penalties are imposed. The customs authorities …

Customs Manual 2023

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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

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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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