Common Adjudicating Authority appointment for provisional assessment in SVB case concerning Tyco Safety Products India under Customs Act provisions.
Appointment of a Common Adjudicating Authority to finalize provisional assessment proceedings for M/s Tyco Safety Products India Pvt. Ltd., effected by the Central Board of Indirect Taxes and Customs under the specified provisions of the Customs Act, 1962, by designating an officer to exercise the powers and duties of listed adjudicating officers in respect of the enumerated show cause notices identified in the Table.

Exchange Rate Determination under Customs Act sets rupee conversion benchmarks for imports and exports.
The Central Board of Indirect Taxes and Customs determines distinct rates of exchange for conversion between specified foreign currencies and Indian rupees to be applied for imported and export goods, as set out in Schedule I (per unit) and Schedule II (per 100 units). The Notification, issued under the Customs Act authority, supersedes an earlier notification except as to prior actions and establishes the operative conversion benchmarks for customs valuation and related purposes.

Appointment of Common Adjudicating Authority to consolidate and finalize provisional customs assessment proceedings.
Appointment of a Common Adjudicating Authority to consolidate and finalize provisional assessment proceedings against M/s ADT India Pvt. Ltd., with an officer appointed to exercise the powers and duties of the original proper officers named in the show cause notices issued from Air Cargo Complex (Import) New Delhi and Air Cargo Complex, Mumbai, under the relevant provisions of the Customs Act, 1962.

Tariff value fixation for edible oils, metals and areca nut updated, establishing new import valuation benchmarks effective early June.
Substitutes TABLE-1, TABLE-2 and TABLE-3 of Notification No. 36/2001-Customs (N.T.) to fix US dollar tariff values for specified imported goods-edible oils, brass scrap, areca nuts-and unit tariff values for gold and silver in defined forms, exercising powers under section 14(2) of the Customs Act, 1962; the amendments take effect on 1 June 2024.

Countervailing duty on saccharin imports from China extended pending statutory review and continuation under Customs Tariff Act powers.
The Central Government amended Notification No. 2/2019 Customs (CVD) to insert a paragraph providing that, notwithstanding paragraph 2 of that notification, the countervailing duty on "Saccharin in all its forms" originating in or exported from China PR shall remain in force up to and inclusive of the 28th February, 2025, unless revoked, superseded or amended earlier, following initiation of a continuation review under sub section (6) of section 9 of the Customs Tariff Act.

Tariff value fixation for edible oils, gold, silver, brass scrap and areca nut took effect late May 2024.
The Central Board of Indirect Taxes & Customs amends Notification No. 36/2001-Customs (N.T.) by substituting TABLE-1, TABLE-2 and TABLE-3 to fix tariff values for specified edible oils, brass scrap, categories of gold and silver, and areca nut, with most entries noted as unchanged.

Exchange rate determination for customs conversions sets official foreign currency rates for import and export valuation.
CBIC determines official foreign currency conversion rates for customs purposes under the authority of section 14 of the Customs Act, superseding the earlier notification, and prescribes separate rates for imported and export goods in two annexed schedules (unit rates in Schedule I and per 100 unit rates in Schedule II) effective from the notification's commencement date for use in customs valuation and related procedures.

Anti-dumping duty on pentaerythritol imposed; importers liable to specified per tonne rates with exchange rate conversion.
An anti dumping duty is imposed on pentaerythritol (tariff item 2905 42 90) for five years with specified per metric tonne rates in USD applied to defined origin/export permutations for China PR, Saudi Arabia and Taiwan; duty is payable in Indian currency using the Ministry of Finance exchange rate applicable on the bill of entry date.

Tariff value fixation updated for edible oils, metals, areca nut, gold and silver; new customs values apply from the effective date.
The Central Board of Indirect Taxes & Customs, invoking section 14(2) of the Customs Act, 1962, substitutes TABLE-1, TABLE-2 and TABLE-3 of Notification No. 36/2001-Customs (N.T.) with updated US dollar-denominated tariff values for specified goods including edible oils, brass scrap, areca nut, and defined categories of gold and silver, with explanatory qualifications for particular entries; the amendment is administrative, alters the reference tariff values used for customs valuation, and takes effect on the stated commencement date.

Exemption from IGST on gold and silver imports updates eligible bank lists for a specified validity period.
Amendment substitutes the Annexure entries for List 34A and List 34B in the Table to Notification No.50/2017 Customs to identify banks eligible for the exemption from IGST on imports of gold and silver under S. No. 359A; List 34A names eleven banks and List 34B names three banks, effective from 1 April 2024 to 31 March 2025.

Export duty on onions introduced, altering export controls and customs obligations for outbound shipments under amended tariff notifications.
The notification amends multiple customs tariff notifications to insert Bengal gram (desi chana) as an item with nil import duty, imposes an export duty of forty percent on onions, and extends an exemption condition for Yellow Peas where the bill of lading is issued on or before 31.10.2024; these changes to notifications 27/2011, 48/2021, 49/2021 and 64/2023 take effect from 4 May 2024.

Exchange Rate Determination: prescribed conversion rates for specified foreign currencies for import and export goods.
The Central Board of Indirect Taxes and Customs, under powers conferred by the Customs Act, prescribes the rate of exchange for specified foreign currencies into Indian rupees for import and export goods, superseding an earlier notification; rates are set in two schedules distinguishing per-unit and per-one-hundred-unit conversions and separate entries for imported and export goods.

Drawback Schedule amendment updates chapter classifications and tariff rate entries, altering duty drawback applicability and calculation.
The notification inserts a definition that "counts" in Chapter 52 means "counts in New English (Ne)", substitutes revised schedule entries for Chapters 3 and 16 with detailed tariff lines and drawback rates for numerous fish and prepared fish/meat products, and amends and inserts multiple tariff items and numerical drawback entries across other chapters. The changes alter unit descriptions, product subheadings and drawback percentages and take effect on the stated commencement date.

Tariff valuation updated for edible oils, metals and areca nut; new customs values set and notified.
The Central Board of Indirect Taxes & Customs substitutes revised Tables in the principal valuation notification to fix customs tariff values for specified edible oils, brass scrap, specified forms of gold and silver, and areca nuts, establishing unit tariff values in US dollars for valuation purposes; the amendment takes effect from the first day of May, 2024.

Appointment of Common Adjudicating Authority to adjudicate provisional assessment notices in SVB case against M/s Tyco Fire & Security India.
A Common Adjudicating Authority is appointed under statutory powers to exercise the functions of various named adjudicating officers for adjudication of provisional assessment-related show cause notices in SVB proceedings against M/s Tyco Fire and Security India Pvt. Ltd; the notification lists the specific notices, original adjudicating authorities and the officer appointed to act as the Common Adjudicating Authority.

Exchange Rate Determination fixes conversion rates for specified foreign currencies for import and export, effective mid April.
Determines the rate of exchange for specified foreign currencies for customs valuation under section 14 of the Customs Act, 1962, superseding Notification No. 27/2024-Customs(N.T.) and fixing distinct import and export conversion rates listed in Schedule I and Schedule II, effective from 19th April, 2024.

Tariff valuation updated for key imports, revising customs valuation benchmarks for oils, metals, areca nut and precious metals.
The Central Board of Indirect Taxes and Customs substitutes new tables in the principal non tariff notification establishing revised tariff values for specified imports - edible oils (various palm and soybean oil categories), brass scrap, areca nut, and defined forms of gold and silver - to serve as valuation references for customs assessment and related administrative application.

Tariff value fixation for edible oils, brass scrap, areca nut, gold and silver updated; substitution of tariff tables effective.
The Central Board of Indirect Taxes & Customs amends the principal customs notification under section 14(2) of the Customs Act, 1962 by substituting TABLE-1, TABLE-2 and TABLE-3 to fix tariff values for specified imported goods - including categories of edible oils, brass scrap, areca nuts, and specified forms of gold and silver - stated in US dollars per metric tonne or per unit weight; the amendment takes effect on the notified date.

Extension of duty-free import deadline for yellow peas to preserve exemption where bill of lading predates the revised cut-off.
The Government amended the principal customs notification to extend the terminal date in the Table for duty-free import eligibility of yellow peas, so that imports with a bill of lading issued on or before the revised cut-off remain exempt from customs duty; the amendment modifies only the date appearing in Column (4) against the relevant Table entry and does not change other conditions of the notification.

Exchange rate determination: prescribed import and export currency conversion rates set for customs valuation effective from notification.
Under customs authority, distinct exchange rates for conversion between specified foreign currencies and Indian rupees are prescribed effective 5th April, 2024, with separate figures for imported goods and export goods. The rates are enumerated in Schedule I (per unit) and Schedule II (per 100 units) for listed currencies and are declared to supersede the prior notification except as to past acts, to be used for customs valuation and related processing.