Posted on 15 February 2020
Machine release of goods introduced by CBIC
India has been improving consistently in the World Bank’s EoDB rankings over the past 5 years and one of the key drivers has been the initiatives under Trading across Borders (TAB), where India jumped substantially from 146 to 68 in the last two years. The Government has now set the target of breaching the top 50 mark in TAB this year.
Keeping with the Government’s objective of furthering ease of doing
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Posted on 30 December 2019
Import tariff reduced in China
China will implement temporary import tariffs, which are lower than the most-favored-nation tariffs, on more than 850 products, including frozen pork and avocado to some types of semiconductors from January, 2020. The finance ministry said which may help ease the pressure on the country's depleted pork supply. Other products which will have lower import tariffs include food products such as fish, cheese, nuts, pharmaceuticals and a range of chemical
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Posted on 24 October 2019
Customs circular for Eligibility Criteria for availing of DPD Scheme by Importers
Customs Circular no 29/2019 date on 5th September, 2019
The extract of CUSTOMS Circular No. 29/2019 date on 5th September, 2019 is given below:
Circular No. 29/2019-CUSTOMS
Circular No. 29 / 2019 -Customs
F. No. 450/10/2016-CusIV
Government of India
Ministry of Finance
Department of Revenue
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Posted on 24 October 2019
Customs Circular for Roll out of Project Import Module in ICES
Roll out of Project Import Module in ICES
Customs Circular no 27/2019 date on 3rd September, 2019
The extract of CUSTOMS Circular No. 27/2019 date on 3rd September, 2019 is given below:
Circular No. 27/2019-CUSTOMS
Circular No 27/2019-Customs
No. 450/88/2019-Cus-IV Government of India Ministry of Finance,
Department of Revenue (Centra
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