TaxTMI 
TaxTMI 
Courier Imports and Exports (Clearance) Amendment Regulations, 2015 - Amendment in Courier Imports and Exports(Clearance) Regulations, 1998.
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....2015 G.S.R. 501 (E).- In exercise of the powers conferred under section 157 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs, hereby makes the following amendments to amend the Courier Imports and Exports (Clearance) Regulations,1998, namely :- 1. (1) These regulations may be called the Courier Imports and Exports (Clearance) Amendment Regulations, 2015. ....
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....in consignment of value upto rupees twenty five thousand and involving transaction in foreign exchange;"; (b) for the sub-clause (iv) , the following shall be substituted, namely:- "goods, other than the goods specified in Appendix 3C of the Foreign Trade Policy (2015-2020), in respect of which the proper officer directs the filing of shipping bill or bill of export&n....
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....ing shall be substituted, namely:- "(ii) I /We hereby declare that the goods for export as per this Shipping Bill include only bonafide commercial samples and prototypes of goods of a value not exceeding Rs. 50,000/- per consignment and bonafide gifts of articles for personal use of a value not exceeding Rs. 25,000/- per consignment and which are for the time being not s....
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.... transfer of foreign exchange is involved". [F. No. 450/04/2013-Cus IV] (Akshay Joshi) (Under Secretary to the Government of India) [Note: The principal Notification No.87/98-Customs (N.T.), dated the 9th November, 1998 was published in the Gazette of India, Extraordinary, Part II, Section 3, sub-section (i), dated the 9th November 1998 vide number G.S.R. 662(E), dated the 9th No....