CBEC’s 20 FAQs on GST in Textile Sector
CBEC has compiled and released a booklet containing 20 FAQs on GST in Textile Sector, for assistance and guidance of the stakeholders in getting acquainted with the GST Law.
Tag: EXIM
CBEC’s 33 FAQs on GST in Export Sector/ Transition of Export Promotion Scheme
CBEC has compiled and released a booklet containing 33 FAQs on GST in Export Sector (including 11 FAQs on Transition of Export Promotion Scheme on implementation of GST), for assistance and guidance …
GSTIN Mandatory from 1 July 2017 for EXIM (GST Refund/ IGST Credit): CBEC
CBEC has advised the exporters/ importers to obtain GSTIN as the same shall be required to avail IGST credit on Imports or GST refund on exports, w.e.f. 1 July …
Revised Duty Drawback Rates (All Industry) for 2016-17; Review for GST Framework
Revised Duty Drawback Rates for 2016-17 (w.e.f. 15 Nov. 2016), as notified by Govt. from time to time (including vide Circular No. 02/2017-Customs dt. 13 Jan. 2017 applicable w.e.f. …
DGFT Notifies ITC (HS) 2017: Schedule 1 to Import Policy
Indian Trade Classification (Harmonised System) of Import Items, 2017 , i.e. Schedule-1 (Import Policy) comprising of 98 Chapters notified by the DGFT, applicable w.e.f. 17 Jan. 2017.
EXIM Clearance thru Customs’ SWIFT (Single Window Interface for Facilitating Trade)
After successful implementation of SWIFT for imports clearance, CBEC has moved to implement it for exports clearance also w.e.f. 5 Jan. 2017. Now Importers/ Exporters can e-file their Customs …
Courier Shipping Bill in new Form CSB-V notified by CBEC replacing CSB-II
CBEC has notified Courier Imports and Exports (Clearance) Amendment Regulations, 2016 mainly to introduce new format of 'Courier Shipping Bill' in Form CSB-V replacing the CSB-II.
Mate Receipt Abolished for Containerised Cargo: CBEC
Based on recommendations of Committee constituted by Shipping Ministry for simplification & automation of customs procedures relating to Coastal Shipping, transshipment & Port clearances, CBEC has decided that …
Revised Procedure for Clearance of Import of Metal Scrap Notified by CBEC
The CBEC has issued Instructions Circular and has prescribed revised procedure for clearance of imported metal scrap (both ferrous and non-ferrous) applicable with immediate effect (including withdrawal of existing …
Launch of online Portal for facilitating EXIM Trade between India and Iran
An Online Portal for facilitating Exim Trade between India and Iran has been launched today by Dr. Inder Jit Singh, Additional Secretary, Department of Commerce in the presence of …