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Tag Archives: Customs Act 1962

Types of Customs Duty, Types of Duties under Customs

Types of Customs Duty, Types of Duties under Customs

Types of Customs Duty, Types of Duties under Customs, We know that when goods are imported or exported from our country, customs duty is applicable on such transactions. But, unlike service tax or VAT which generally have no type, Customs duty has got various types. Let us study about each of them in a little detail. Now check more details about …

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Download Various Latest Customs Forms – Updated

Custom Forms CAknowledge.in

Download Various Latest Customs Forms – Updated. CBEC Issued Various Customs Forms. Download These Forms at one Place Download Custom Forms Like Custom Application for refund of duty/interest, Custom Appeals Forms, Drawback, Bill of Entry Form, Shipping Bill Forms, Bond Forms Etc. Also Download Shipping Bill for export of dutiable goods, Shipping Bill for export of duty free goods, Shipping Bill for export of …

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Special Valuation Branch Order – Complete Details

Special Valuation Branch Order - Complete Details

Special Valuation Branch Order – Complete Details, In this article you can Find everything You want to know about Special Valuation Branch Order. My this article is all about the order which is passed by special authority of customs for the transactions which are taken place due to the relativeness relationship which affects the invoice value of the transaction. Here I …

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Rate of Exchange of Foreign Currency Conversion From 19.08.2016

Rate of Exchange of Foreign Currency Conversion

Rate of Exchange of Foreign Currency Conversion From 19.08.2016. Govt of India issued Notification No. 112/2016 – Customs (N.T.) for New Foreign Currency Conversion Rates applicable from 19th August 2016. Check Currency Conversion Rates for India. Check Foreign Currency Convertor Rates WEF 19th August 2016. In this article we provide complete details for Rates of Exchange of Foreign Currency Conversion. Recently Govt of india …

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Indirect Tax System in India – List of Taxes Under Indirect tax

Indirect Tax System in India

Indirect Tax System in India – List of Taxes Under Indirect tax. India has a three-tier federal structure, comprising the Union Government, the State Governments and the Urban/Rural Local Bodies. The power to levy taxes and duties is distributed among the three tiers of Governments, in accordance with the provisions of the Indian Constitution. Now check more details for “Indirect Tax …

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Remission, Abatement, and Exemption of Goods

Remission, Abatement, & Exemption of Goods

Remission, Abatement, and Exemption of Goods, Find complete details for Remissions, Abatements, Denaturing, & Exemption of Goods. Hi Friends in this article we are providing everything you want to know about Remission, Abatement, & Exemption of Goods like – Details for Remission of duty on goods lost, destroyed or abandoned [Sec 23], Details for Abatement of duty on damaged or deteriorated goods [Sec …

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Single Window Interface for ease in Trading (SWIFT)

Single Window Interface for ease in Trading (SWIFT)

Single Window Interface for ease in Trading (SWIFT), SWIFT (Single Window Interface for Facilitating Trade) clearances is facility introduced by the Central Board of Excise and Customs (CBEC) vide press release dated 1st April 2006.This initiative is undertaken in line with budget announcement made by the Honourable Finance minister with respect to ‘Ease of doing business. What is SWIFT (Single Window …

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What is Duty drawback and cases when it is not applicable

What is Duty drawback and cases when it is not applicable

What is Duty drawback and cases when it is not applicable. Find Complete details for Duty Drawback and Find cases details when it is not applicable. In this article you can find all details regarding What is Duty drawback and cases when it is not applicable like – Introduction for Duty drawback, What is Duty Drawback ??, Cases where Duty Drawback is not permissible. Now …

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Some Important Definitions Under Customs Act, 1962

Some Important Definitions Under Customs Act, 1962

Some Important Definitions Under Customs Act, 1962. Historical Background of Customs Act, 1962 – The term ‘customs’ derives its color and essence from the term ‘custom’ which means habitual practice or course of action.Kautilya’s Arthashastra also refers to shulka (Customs Duty) consisting of import duty and export duty to be collected at the city gates on both goods coming in and going …

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