Now Star and Premier Trading Houses can import gold on DP basis as per entitlement without any end use restrictions

RBI/2014-15/474 A.P. (DIR Series) Circular No.79 February 18, 2015 To All Category – I Authorised Dealer Banks Madam / Sir, Guidelines on Import of Gold by Nominated Banks / Agencies Attention of Authorised Dealer Category – I (AD Category – I) banks isinvited to the provisions contained in A.P.(DIR Series) Circular No.42 dated November 28, 2014 in terms … Read more

Anti-dumping duty on imports of acetone, originating in or exported from Korea RP

 [TO BE PUBLISHED IN PART II, SECTION 3, SUB-SECTION (i) OF THE GAZETTE OF INDIA, EXTRAORDINARY]                                                            GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE)   Notification No. 05/2015-Customs (ADD)   New Delhi, the 18th February, 2015                         G.S.R.       (E). – Whereas, the designated authority, vide  notification No. 15/13/2013-DGAD, dated the 6th June, 2013  published in the Gazette … Read more

Multiple IECs against a single PAN, is need to surrendered before 31.3.2015

To be published in the Gazette of India Extraordinary  (Part-I, Section-I)  Government of India  Ministry of Commerce & Industry  Department of Commerce  Directorate General of Foreign Trade  Udyog Bhawan, New Delhi- 110 011     Subject:          Cancellation of validity of Multiple IECs against single PAN – reg. The para 2.9(b) of the Handbook of Procedure … Read more

Exemption of customs duty on import of Urea under Urea Off-Take Agreement with Oman-India Fertilizer Company

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE)  Notification No.04 /2015 – Customs New Delhi, the 16th February, 2015             G.S.R.       (E).- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 … Read more

Amendement in Appendix 37-A of Vishesh Krishi Gram Udyog Yojana (VKGUY)

 Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan, New Delhi.  Public Notice No.  86 (RE- 2013)/2009-2014 New Delhi, the 16th  February, 2015   In exercise of the powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2009-14, the Director General of Foreign Trade hereby notifies amendment to … Read more

Anti-dumping duty on Graphite Electrodes of all diameters

 Notification  No. 04/2015-Customs (ADD)  New Delhi, the 13th February, 2015     (b)   the domestic industry has suffered material injury; and (c)   the injury has been caused to the domestic industry, both by volume and price effect of dumped imports of the subject goods originating in or exported from the subject country. And whereas, the … Read more

RBI waived the requirement of submitting Form A-1

RBI/2014-15/467A. P. (DIR Series) Circular No.76 February 12, 2015 To All Category-I Authorised Dealer Banks Madam / Sir, Foreign Exchange Management Act, 1999 – Import of Goods into India Attention of Authorised Dealer Category – I (AD Category – I) banks is invited to the A.P.(DIR Series) Circular No. 82 dated February 21, 2012 in terms of … Read more

Couriers are required to fulfil Know Your Customer (KYC) norms

Circular No.07/2015-Customs F. No. 450/77/2010- Cus IV Government of India Ministry of Finance Department of Revenue (Central Board of Excise and Customs) *** New Delhi, dated 12.02.2015 To, All Chief Commissioners of Customs / Customs (Preventive) All Chief Commissioners of Customs and Central Excise All Commissioners of Customs / Customs (Preventive) All Commissioners of Customs and Central … Read more