The Central Board of Indirect Taxes and Customs (CBIC) on August 17, 2020 has issued Manufacture and Other Operations in Warehouse (no. 2) Amendment Regulations, 2020 to further amend Manufacture and Other Operations in Warehouse (no. 2) Regulations, 2019. The following amendments have been made to the Manufacture and Other Operations in Warehouse (no. 2)Continue reading “Manufacture and Other Operations in Warehouse Amendment Regulations, 2020”
Tag Archives: CBIC UPDATES
Special Warehouse (Custody and Handling of Goods) Amendment Regulations, 2020
The Central Board of Indirect Taxes and Customs (CBIC) on August 17, 2020 has issued the Special Warehouse (Custody and Handling of Goods) Amendment Regulations, 2020 to further amend Special Warehouse (Custody and Handling of Goods) Regulations, 2016. The following amendments are made under the Special Warehouse (Custody and Handling of Goods) Regulations, 2016: •Continue reading “Special Warehouse (Custody and Handling of Goods) Amendment Regulations, 2020”
CBIC notifies the department for the safe disposal of seized, un-claimed or un-cleared/ confiscated goods
The Central Board of Indirect Taxes and Customs (CBIC) on August 10, 2020 has issued a circular for the disposal of un-claimed or un-cleared or confiscated goods. The government has witnessed instances, where such goods were not disposed off in the appropriate manner. The government has further notified, that the goods of hazardous nature shallContinue reading “CBIC notifies the department for the safe disposal of seized, un-claimed or un-cleared/ confiscated goods”
CBIC issues revised procedure for import of pets or live animals
The Central Board of Indirect Taxes and Customs (CBIC) on August 10, 2020 has issued a notification for the revised procedure for Import of Pets or Live Animals. The Ministry of Fisheries, Animal Husbandry and Dairying (DAHD) had issued an office memorandum dated July 15, 2020 laying out a detailed procedure for the import ofContinue reading “CBIC issues revised procedure for import of pets or live animals”
CBIC facilitates suggestions for review of existing customs duty online
The Central Board of Indirect Taxes and Customs (CBIC) on July 21, 2020 has issued a notification for crowd sourcing of suggestions for review of existing customs duty exemption notifications or customs laws and procedures. The government has taken a step forward to institute a facility at Mygov Innovate portal for all the stakeholders andContinue reading “CBIC facilitates suggestions for review of existing customs duty online”
CBIC modifies Tariff Value for Edible Oil, Brass Scrap, Poppy Seeds, Areca Nut and Silver as on July 23, 2020
The Central Board of Indirect Taxes and Customs (CBIC) on July 23, 2020, has amended the tariff Notification in respect of fixation of tariff value of the following goods: • Crude Palm Oil • RBD Palm Oil • Others – Palm Oil • Crude Palmolein • RBD Palmolein • Others – Palmolein • Crude SoyaContinue reading “CBIC modifies Tariff Value for Edible Oil, Brass Scrap, Poppy Seeds, Areca Nut and Silver as on July 23, 2020”
CBIC prohibits the sale of health supplements containing PABA, a banned ingredient
The Central Board of Indirect Taxes and Customs (CBIC) on July 24, 2020 has issued instructions subject to the prohibition of selling of health supplements containing PABA (Para Amino Benzoic Acid), a banned ingredient. The Food Safety and Standards Authority of India (FSSAI) had issued an order on June 29, 2018 vide order no. Stds/Nutr(DGCI)/FSSAI-2017 (Pt.Continue reading “CBIC prohibits the sale of health supplements containing PABA, a banned ingredient”
CBIC issues instruction for mandatory testing and certification of Telecommunication Equipment
The Central Board of Indirect Taxes and Customs (CBIC) on July 24, 2020 has issued instructions subject to mandatory testing and Certification of Telecommunication Equipment (MTCTE). The department has reiterated the paragraph one given in the notification issued by the Department on June 23, 2020 vide notification no. TEC/01/2017-TC which specifies operational guidelines to beContinue reading “CBIC issues instruction for mandatory testing and certification of Telecommunication Equipment”
CBIC amends the class of goods to be deposited in special warehouses licensed under the Customs Act, 1962
The Central Board of Indirect Taxes and Customs (CBIC) on July 27, 2020 has issued a notification to amend the notification issued on May 14, 2016 vide Notification No. 66/2016- Customs (N.T.) which specifies the class of goods that shall be deposited in a special warehouse licensed under the Customs Act, 1962. • Clause (1) which specifiesContinue reading “CBIC amends the class of goods to be deposited in special warehouses licensed under the Customs Act, 1962”
CBIC modifies tariff value of crude oil, poppy seeds, crude soya bean oil and RBD Palm Oil on July 27, 2020
The Central Board of Indirect Taxes and Customs (CBIC) on July 27, 2020 has issued a notification to amend the notification issued on August 3, 2001 vide no. 36/2001- Customs (N.T.) which specifies the fixation of tariff value of the following goods: • Crude Oil • RBD Palm Oil • Others- Palm Oil • Crude Palmolein •Continue reading “CBIC modifies tariff value of crude oil, poppy seeds, crude soya bean oil and RBD Palm Oil on July 27, 2020”