Recent Notifications

·         Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg.

·         Rupee Interest Rate Derivatives (Reserve Bank) Directions - Review

·         Voluntary Retention Route’ (VRR) for Foreign Portfolio Investors (FPIs) investment in debt

·         Transactions in Credit Default Swap (CDS) by Foreign Portfolio Investors – Operational Instructions

·         Master Circular - Asset Reconstruction Companies

·         Seeks to amend various notifications giving exemption to electronic items and medical devices

·         Seeks to amend notification No. 25/1999-Customs dated 28.02.1999 to omit redundant and obsolete entries

·         Seeks to implement a graded BCD structure for smart meters and its parts, sub-parts and sub-assembly

·         Seeks to implement a graded BCD structure for hearable devices and its parts, sub-parts and sub-assembly

·         Seeks to implement a graded BCD structure for wearable devices and its parts, sub-parts and sub-assembly

·         Seeks to amend notification No. 27/2011-Customs dated 01.03.2011 to omit redundant entries and reduce export duty raw hides and skins of buffalo

·         Seeks to amend notification Nos. 146/94-Customs, 147/94-Customs, 39/96-Customs, 50/96-Customs, 30/2004-Customs, 81/2005-Customs, 5/2017-Customs, 16/2017-Customs, 32/2017-Customs to prescribe end-dates as per Section 25(4A) of Customs Act, 1962

·         Seeks to amend Notification Nos. 104/2010-Customs, 38/96-Customs, 40/2017-Customs, 60/2011-Customs, 148/94-Customs to exempt AIDC/Health cess/RIC on goods imported under the said notifications

·         Seeks to further amend Notification No. 82/2017- Customs dated 27.10.2017 to prescribe effective rate on certain Textile items upto 30.04.2022

·         Seeks to further amend Notification Nos. 52/2017 – Customs dated 30.06.2017 and 37/2017 – Customs dated 30.06.2017 to remove entries which are being operated from the First Schedule to the Customs Tariff Act and certain redundant entries.

·         Seeks to rescind Notification Nos. 10/95-Customs, 26/99-Customs, 27/2004-Customs, 14/2006-Customs, 48/2006-Customs, 90/2007-Customs, 8/2011-Customs, 24/2011-Customs, 49/2013-Customs, 23/2014- Customs, 37/2015-Customs, 11/2016-Customs, 20/2020-Customs, 40/2020-Customs which have become redundant

·         Seeks to rescind notification Nos. 190/1978-Customs and 191/1978-Customs both dated 22th September, 1978 prescribing additional duty of customs on imports of transformer oil equivalent to such portion of the excise duty leviable on the raw material commonly known as transformer oil base stock or transformer oil feedstock

·         Seeks to further amend notification No. 11/2018- Customs dated 2 nd February, 2018 so as to exempt certain goods from Social Welfare Surcharge (SWS) and to withdraw SWS exemption on certain textile items

·         Seeks to further amend notification No. 50/2017- Customs dated 30th June, 2017 so as to prescribe effective rate of Basic Customs Duty (BCD)

·         Seeks to further amend Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017 so as to simplify and automate the procedures

·         Seeks to further amend Notification No. 11/2017- Central Excise, dated 30th June, 2017, to increase Basic Excise Duty on Unblended Petrol and Diesel, in order to promote Blending in the country

·         Seeks to supersede notification No. 49/2008-Central Excise (N.T.) dated 24.12.2008, in order to align it with the current legal position, post roll-out of GST

·         Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg.