TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>India Customs Updates Bill of Entry Format to Manage Education Cess Exemptions on CVD for Electronic Goods.</h1> The Government of India issued a public notice regarding the introduction of a new facility in the Indian Customs Electronic Data Interchange System (ICES) to manage the levy and exemption of Education Cess and Higher Education Cess on Countervailing Duty (CVD). The notice highlights changes in the Budget 2014-15, where exemptions for these cesses were withdrawn for certain electronic goods, necessitating a new column in the Bill of Entry format for claiming exemptions. Importers can claim exemptions by quoting specific notification numbers. Officers are advised to verify eligibility manually due to system limitations, and any discrepancies should be reported to the Assistant Commissioner.
TaxTMI 
TaxTMI 
