Import clearance without EPR Certificate-Respite for Importers

BORN IN INDIA I SERVED FROM INDIA I TO THE GLOBE Dated: 21.04.23 Import clearance in case Importer does not have the EPR Certificate The CBIC Board has issued Instruction No. 14/2023-Customs dtd 17/04/2023, Registration of Importers as per provision of Plastic Waste Management Rues, 2016, as amended-reg. Wherein the cited Instruction, it is clearly …

Handling Customs Valuation-The Indian Context with Case Reference

BORN IN INDIA I SERVED FROM INDIA I TO THE GLOBE Dated: 21.04.23 Century Metal Recycling Pvt. Ltd. vs Union Of India on 17 May, 2019-Customs valuation matter The legal provisions enshrined in the Indian Customs Act, 1962 related to determining the value of the Imported or exported goods is very clear and unambiguous. However, …

Customs AAR Order Foxconn Technology India-Valuation issue

BORN IN INDIA I SERVED FROM INDIA I TO THE GLOBE Dated: 05.04.23 Customs AAR Order Foxconn Technology India-Valuation issue   The legal provisions enshrined in the Indian Customs Act, 1962 related to determining the value of the Imported or exported goods is very clear and unambiguous. However, there has been multiple instances where Importers …

Phased Implementation of Electronic Cash Ledger (ECL) in Customs wef 01/04/2023

BORN IN INDIA I SERVED FROM INDIA I TO THE GLOBE   Dated: 03.04.23   Phased Implementation of Electronic Cash Ledger (ECL) in Customs   The Electronic Cash Ledger (ECL) functionality is envisaged in Section 51A of the Customs Act, 1962. It provides enabling provision whereby the importer, exporter or any person liable to pay …

Technical Expertise & Know How Fee cannot be included in assessable value by Customs-CESTAT Chennai

BORN IN INDIA I SERVED FROM INDIA I TO THE GLOBE Dated: 01.04.23 Technical Expertise & knowhow Fees cannot be included in the assessable value of imported goods: CESTAT Chennai The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), observed that Technical expertise & know-how fees need not be included in …

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