International transaction characterisation of domestic divestment of support services business rejected; transaction between resident associated enter...
Minimum Import Price restrictions for Black Pepper, Areca-nuts and Apples upheld; procedural laying failure not fatal, notifications to be placed befo...
Transaction value between related persons requires market-equivalent pricing; importer must prove declared value mirrors ordinary international trade ...
Classification of exported insecticides under export tariff affirmed; reclassification and related penalties set aside and MEIS scrip jurisdiction rec...
An International Courier Terminal (ICT) is a Customs-controlled facility for electronic clearance of authorized courier consignments under the Courier Imports and Exports (Electronic Declaration and Processing) Regulations, 2010, permitting import/export via authorized couriers and electronic CBEs/Courier Shipping Bills; operative effect: consignments are processed through courier-specific electronic procedures. Certain goods (animals, plants, perishables, specified publications, precious metals/stones except limited re-imports and items requiring expert/testing) and prohibited/restricted items (narcotics, explosives, arms, counterfeit currency, protected wildlife products, and items restricted under allied Acts) are excluded from courier clearance; operative effect: such consignments require alternative clearance routes or are barred. Duty classification distinguishes commercial, personal (CTH 9804; total 30.98% duty) and gifts (total 43.96% duty); operative effect: classification and payer of purchase determine applicable duties. Authorized couriers file declarations and importers must furnish KYC and supporting documents; operative effect: noncompliance may delay clearance and trigger examination.
An International Courier Terminal (ICT) is a Customs-controlled facility for electronic clearance of authorized courier consignments under the Courier Imports and Exports (Electronic Declaration and Processing) Regulations, 2010, permitting import/export via authorized couriers and electronic CBEs/Courier Shipping Bills; operative effect: consignments are processed through courier-specific electronic procedures. Certain goods (animals, plants, perishables, specified publications, precious metals/stones except limited re-imports and items requiring expert/testing) and prohibited/restricted items (narcotics, explosives, arms, counterfeit currency, protected wildlife products, and items restricted under allied Acts) are excluded from courier clearance; operative effect: such consignments require alternative clearance routes or are barred. Duty classification distinguishes commercial, personal (CTH 9804; total 30.98% duty) and gifts (total 43.96% duty); operative effect: classification and payer of purchase determine applicable duties. Authorized couriers file declarations and importers must furnish KYC and supporting documents; operative effect: noncompliance may delay clearance and trigger examination.
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