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...
Misclassification between copra and dry coconut: customs recovery and re-valuation quashed for lack of prior licensing-authority invalidation, appeals...
Notification implements a Single Unified Multi-Purpose Electronic Bond (SEB) for customs transactions, permitting importers/exporters to select and later modify obligations, electronically execute bonds with e-stamp payment and e-signature without notary, and link and verify electronic bank guarantees via NeSL and ICEGATE integration; list of integrated banks appears in Annexure-H of the referenced CBIC circular. Manual bonds and bank guarantees will no longer be accepted in the Nagpur Commissionerate from 10 February 2026, subject to temporary technical exceptions and a nominated nodal officer and escalation procedure for grievance resolution.
Notification implements a Single Unified Multi-Purpose Electronic Bond (SEB) for customs transactions, permitting importers/exporters to select and later modify obligations, electronically execute bonds with e-stamp payment and e-signature without notary, and link and verify electronic bank guarantees via NeSL and ICEGATE integration; list of integrated banks appears in Annexure-H of the referenced CBIC circular. Manual bonds and bank guarantees will no longer be accepted in the Nagpur Commissionerate from 10 February 2026, subject to temporary technical exceptions and a nominated nodal officer and escalation procedure for grievance resolution.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4811 
Join Channel 
