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Circulars
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Regarding Disposal of refunds
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Withdrawal of refund disposal circular alters VAT refund disposal procedures under tax policy administration.
The Policy Branch notifies that Circular No. 06 of 2005 regarding the disposal of refunds is withdrawn with immediate effect, terminating the departmental application of that circular's refund processing procedures; the withdrawal is issued with approval of the competent authority.
Clarification regarding posting of Central Excise officer in Cigarette units-reg.
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Assessment and invoice countersignature: officer presence required at clearance but round the clock postings are not mandatory.
Officer presence is required at the time of clearance of cigarettes to perform assessment of duty and countersign the invoice, but round the clock posting of Central Excise officers inside manufacturing units is not legally required. Where continuous internal postings are impracticable, field formations must use their preventive wing for discreet round the clock vigilance. Inconsistent prior instructions are rescinded to the extent of conflict, and implementation difficulties should be reported to the Board.
Circular on Mutual Funds
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Remuneration transparency required for mutual funds: mandated public disclosures on executive and high-earning employee pay and AAUM metrics.
AMCs/MFs must publish annually on their website under a separate "Remuneration" heading: names, designations and remuneration of CEO, CIO and COO (or equivalents); names, designations and remuneration of the top ten employees by remuneration; names, designations and remuneration of every employee meeting specified high-remuneration thresholds; the ratio of CEO remuneration to median employee remuneration; and total, debt and equity AAUM with three-year growth. "Remuneration" is as defined in the Companies Act and disclosures are required within one month of the financial year end.
Import of Calcium Carbide at Nhava Sheva–reg.
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Import restriction on Calcium Carbide under Rule 10: imports via Nhava Sheva suspended until regulatory amendment.
Import of Calcium Carbide at Nhava Sheva is prohibited until the Calcium Carbide Rules, 1987 are amended to include Jawaharlal Nehru Port. Calcium Carbide imports are restricted to ports specified under Rule 10; JNPT is not listed. The Chief Controller of Explosives confirmed JNPT is not authorised and, pending amendment following DIPP advice to draft inclusion, the Commissioner has directed that no imports through JNCH, Nhava Sheva be permitted.
Procedure for granting of Entry Inward, Reg.
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Entry inward requirement: immediate ICES recording by boarding officer enables unloading and fixes duty applicability under prior bill rules.
Sections 30 and 31 require delivery of the import manifest and bar unloading until an Entry Inward is granted. The Boarding Officer shall sign the Entry Inward application and immediately record Entry Inward in ICES under his SSOID; if local ICES is unavailable he must use the nearest system or Custom House. The Entry Inward date affects duty applicability for Prior Bill of Entry filings, and the Superintendent is responsible for preventing undue delay.
Filing of online return for 4th quarter of 2016-17 — extension of period thereof
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Extension of filing deadline for fourth-quarter VAT returns; payment obligations unchanged and digital-signature filers exempt from hard copy.
An extension under Rule 49A is granted for filing fourth-quarter 2016-17 VAT returns: online or hard-copy submission of Forms DVAT-16, DVAT-17 and DVAT-48 with annexures is permitted up to 15/05/2017; digital-signature filers need not submit hard copy Form DVAT-56. Payment obligations remain as per section 3(4) of the Delhi Value Added Tax Act, 2004.
Clarification on TRQ for Raw Sugar -regarding
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TRQ for Raw Sugar limits imports through SEZs and ties allocations to unit refining capacity and actual user compliance.
Clarification: TRQ imports of raw sugar are not permitted through Special Economic Zone units; allocations are unit-specific and based on declared refining capacity plus actual user conditions. Imported raw sugar must be processed in the factory/unit for which quota is allotted. TRQ entitlement does not waive any regulatory or safety clearances; applicants must submit self-declarations of refining capacity and supporting certified documents. Port routing within the same zone is permitted to avoid congestion, and country of origin is not material to TRQ eligibility.
Securities and Exchange Board of India (International Financial Services Centres) Guidelines, 2015 - IFSC Banking Units (IBUs) acting as Trading Member or Professional Clearing Member on stock exchanges/clearing corporations in IFSC
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IFSC Banking Units permitted to act as trading or clearing members if they meet banking-regulator conditions and compliance requirements.
IFSC Banking Units in an International Financial Services Centre may act as Trading Members of exchanges or as Professional Clearing Members of clearing corporations in the IFSC without forming a separate company, provided they comply with the conditions specified by the banking regulator and related compliance, prudential and organisational requirements set for IBUs under the IFSC framework.
Seeks to amend 8/2011 dated 14.2.2011 so as to extend the exemption of additional duty of Customs to specified jute products imported from Nepal
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Customs duty exemption extended to specified jute imports from Nepal, updating import compliance and clearance guidance.
Extends Customs duty exemption to specified jute products imported from Nepal by amending the prior instrument, making such imports eligible for exemption from the additional duty of customs; notification text is enclosed for guidance and stakeholders are directed to the department website for procedural details and implementation.
Amendment to Notification No.41/1999-Cus to align the said notification with para 4.36 of FTP 2015-20 by omitting the word 'for export' in the proviso to the notification
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Amendment to customs notification removing 'for export' aligns the proviso with export policy, notifying importers and agents.
Amendment to Notification No.41/1999-Cus omits the words 'for export' from the proviso to align the notification with the export-related provision of the Foreign Trade Policy 2015-20; the change was effected by Notification No.14/2017 Customs and communicated via Public Notice No.98/2017 to importers, clearing agents and the trading public.
seeks to further amend notification No.12/2012-Customs, dated 17.03.2012 so as to allow the following changes regarding duty free import of raw sugar [17011, allowed vide notification No.12/2017-Customs dated 5th, April, 2017: 1. Time line for availing TRQ benefit (duty free) for import of raw sugar [1701] has been extended from 12.06.2017 to 30.06.2017. 2. Actual user condition has been prescribed for importing raw sugar at Nil rate, availing TRQ benefit for manufacture of white/ refined sugar. 3. A time line of 2 months, from the date of filing of bill of entry or the date of entry inwards, whichever is later, is being prescribed to convert raw sugar into white/ refined sugar.
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Duty-free TRQ for raw sugar extended; actual-user condition imposed and conversion to refined sugar required within prescribed timeline.
The TRQ duty free period for raw sugar is extended; imports availing nil rate are subject to an actual user condition permitting duty free entry only for manufacture of white/refined sugar, and imported raw sugar must be converted into white/refined sugar within a prescribed timeline from filing of the bill of entry or entry inwards.
Rescinding Board Circular F. No. 528/213/87 - Customs (TU)
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Rescission of Board Circular prompts updated customs guidance for importers and clearing agents, available on the official website.
Rescission of Board Circular F. No. 528/213/87 is announced, superseded by Government of India Circular No. 15/2017 dated 19.04.2017; importers, clearing agents and the trading public are directed to follow the guidance in that circular, which is enclosed with Public Notice No. 96/2017 (Office of the Commissioner of Customs, Chennai-II) and available on the official customs website.
Regarding amendment in Notification no. 131/2016-Customs (N.T.) dated 31.10.2016 relating to AIR of duty drawback with respect to Guar and its products
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Duty drawback amendment for guar products updates AIR requirements and directs importers and agents to follow revised compliance.
Amendment to the customs duty drawback framework modifies the AIR of duty drawback for guar and its derivative products by incorporating Notification No. 41/2017 Customs (N.T.), altering procedural and documentary requirements for entitlement and processing of drawback claims; the revised notification is circulated for guidance to importers, clearing agents and the trading public and published on the CBEC website.
Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver
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Tariff value fixation for edible oils, brass scrap, poppy seeds, areca nut, gold and silver notified to guide import valuation
Fixation of tariff values is notified for edible oils, brass scrap, poppy seeds, areca nut, gold and silver, establishing tariff valuation benchmarks for assessment and valuation of these imports; Government Notification No. 39/2017 Customs (N.T) is circulated for guidance and is available on the customs website for importers, clearing agents and the trading public.
Amendment to notification no. 78/2014-Customs (N.T.) dated 16.09.2014
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Amendment to customs notification updates procedures and issues guidance to importers and clearing agents, available online.
Amendment to earlier customs notification has been issued by the Department of Revenue and is provided for guidance. The public notice informs importers, clearing agents and the trading public that the amending notification is enclosed and the full text is available on the central customs (CBEC) website for compliance and reference.
Customs (Settlement of Cases) Amendment Rules, 2017
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Customs settlement rules updated; importers and clearing agents must consult amended procedures and follow compliance guidance promptly.
Amendments to the Customs (Settlement of Cases) Rules revise procedural requirements for settlement of customs cases and update administrative mechanisms; importers, clearing agents and the trading public are instructed to consult the amended rules and apply the revised procedures in dealings with Customs Houses, with the notification made available on the department website as formal guidance.
Launch of Indian Customs EDI System- (ICES 1.5) for Imports of vessels and brought for the purpose of breaking at Ship Breaking Yard Alang, Bhavnagar (INALA1), BHAVNAGAR
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Indian Customs EDI (ICES 1.5) requires electronic Bills of Entry, pre registration and automated duty assessment.
ICES 1.5 is launched for Alang, Bhavnagar to require electronic filing and automated processing of Bills of Entry, IGM/Consol manifests and related declarations. Pre filing registrations (IE Code, Customs Broker, Shipping Agents, DGFT licenses) and use of standardized currency, unit, country and port codes are mandatory. Remote filing via ICEGATE with digital signatures is enabled. ICES validates data, computes assessable value and duty, assigns Bills to Appraising Groups, enforces bond/license registration and debiting, supports RMS facilitation, and prevents goods registration/out of charge until statutory bond/license/payment conditions are met.
Seeks to exempt goods, falling under the First Schedule to the Customs Tariff Act, 1975, when imported into India by or along with a unit of the Army, the Navy, the Air Force or the Central Paramilitary Forces on the occasion of its return to India after a tour of service abroad, from basic customs duty (BCD), CVD and SAD subject to the specified conditions.
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Customs duty exemption for military and paramilitary unit imports upon return from overseas service, subject to specified conditions.
Exempts goods under the First Schedule to the Customs Tariff Act, 1975, imported by or along with units of the Army, Navy, Air Force or Central Paramilitary Forces on return to India after service abroad from basic customs duty, countervailing duty and special additional duty, subject to specified conditions and compliance with procedural and documentary requirements as set out in Notification No. 17/2017 Customs.
Seeks to exempt goods falling under chapter 30 of first schedule of Customs tariff Act 1975, for supply under Patient Assistance Programme run by specified pharmaceutical companies
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Customs exemption for chapter thirty pharmaceutical goods under Patient Assistance Programme, guidance issued to importers.
Exempts certain pharmaceutical goods falling under chapter 30 of the First Schedule to the Customs Tariff Act, 1975 when supplied under specified Patient Assistance Programmes run by named pharmaceutical companies; Notification No. 16/2017-Customs dated 20.04.2017 is enclosed and issued as guidance to importers, clearing agents and the trading public, with the full text available on the departmental website.
Acceptance of e-BRC of DGFT towards proof of realization of sale proceeds for exports with LCO date between 12.8.2012 and 31.3.2014
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Acceptance of e-BRC as proof of realization permits electronic documentation with a prescribed exporter declaration for exports.
Acceptance of e-BRC as evidence for proof of realization of export sale proceeds is authorized for shipments with LEO/LCO dates between 12.8.2012 and 31.3.2014, supplementing the Bank Realization Certificate requirement. Customs acceptance is conditional on an appropriate exporter declaration on the reverse of the e-BRC in the prescribed annexed format; alternatives such as a negative statement from a statutory auditor or AD bank remain available. Implementation difficulties may be reported to the Customs Commissioner.

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