GST Helpdesk   Subscription   Demo   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Extracts
Home List
← Previous Next →

Measures taken to simplify tax administration by CBEC Reg.

Customs - 73/2016 - Dated:- 17-5-2016 - OFFICE OF THE COMMISSIONER OF CUSTOMS (NHAVA SHEVA-I & III) JAWAHARLAL NEHRU CUSTOM HOUSE NHAVA SHEVA, URAN, RAIGAD, MAHARASHTRA - 400 707 F.No.S/22-Gen.110/15-16 AM (I) JNCH Dated: 17.05.2016 PUBLIC NOTICE No. 73/2016 Subject: Measures taken to simplify tax administration by CBEC - Reg. It is brought to the notice of all the Importers, Exporters, Customs Brokers and the Members of the Trade that the following measures/initiatives have been taken by th .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

e Customs documents under digital signature with effect from 1.1.2016. Wherever the Customs documents are digitally signed, the Customs will not insist on the user to physically sign the said documents. • Customs Clearance Facilitation Committee (CCFC) set up at every major Customs seaport and airport. At Central level, a Central Customs Clearance Facilitation Committee under the Chairmanship of Revenue Secretary has been set up to address the issue relating to Customs Clearance and infrast .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

er locations where the systems of FSSAI and DPPQ & S are operational. • 24 x 7 Customs clearance facilities extended to 19 sea ports and 17 Air Cargo complexes. • Deferred duty payment for select categories of importers and exporters. This provision will enable release of cargo without payment of duty, which shall enable speedier clearance and improved liquidity in hands of the businesses. • Special Valuation Branches: The procedure for handling related party transactions and .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

which shall reduce transaction costs and burden of documentation. Power for extending warehousing periods in respect of other classes of importers to be delegated to Principal Commissioner/Commissioner. • The guidelines relating to valuation of second hand machinery revised. In order to achieve nationwide standardization, formats for certification by Chartered Engineers (Indian & Overseas) devised. • Temporary Imports for exhibitions: Exemption notification issued for enabling tem .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

pay dues under all three indirect taxes • Exemption to payment of excise duty in the case of locally procured excisable goods against advance authorization which shall improve cash flow of exporters. • Owing to the difficulties faced by the trade in sealing of bulk cargo for exports under Bond, rules amended to grant exemption from self-sealing of bulk cargo for export. • Electronic monitoring of export proceeds realization, which shall obviate need for submitting documentary evi .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 



|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version