Post by: Renu Suresh in Government Initiatives Import - Export
Revised Guidelines of Bonded Manufacturing Scheme The Central Board of Indirect Taxes and Customs (CBIC) have notified the Revised Guidelines of Bonded Manufacturing Scheme which applies to the units that operate under Section 65 of the Customs Act, 1962. This…
Post by: Chris John in Compliance Personal Finance
Customs Duty Goods are imported in or exported from India through sea, air or land. Goods may even come through post parcel or as baggage when passengers travel in and out of the country. The Customs Act was formulated in…
Post by: Shushma in Compliance Import - Export MCA
Amendment In Merchant Overtime Fee Section 36 of the Customs Act, 1962 levies restriction on unloading and loading of goods on holidays or on any other day after working hours. Further the said section provides that the restriction so levied…
Post by: Shushma in Government Initiatives
Authorized Economic Operator The World Customs Organization in June, 2005, with a view to secure the international supply chain, has adopted the SAFE framework of Standards. Authorized Economic Operator (AEO) is one of the three pillars on which the SAFE…
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