Home Highlights October 2011 Year 2011 This

You may also like:

1. Verification mechanism and monitoring of export obligation under duty exemption/ reward Schemes- reg. - Circular

2. Recovery of export benefits given under Incentive and Reward Schemes under Chapter 3 of FTP on re-import of exported goods

3. Seeks to amend notification No. 94/1996-Customs - Exemption to re-imported goods exported under various Export Promotion Schemes. - Notification

4. All exports under DEPB scheme upto 30.9.2011, where the Let Export Order (LEO) has been issued shall be eligible for the issue of DEPB Scrips

5. Violation of import conditions - Import against ‘advance authorization’ as per the export promotion scheme - even if utilised by a job-worker for conversion, transfer of...

6. Restoration of DEPB benefit on export of ‘Cotton yarn including Melange Yarn’. – Circular 67 /2009-2014(RE 2010) Dated: August 4, 2011

7. Availability of DEPB benefit on export of Cotton. – Circular 68 /2009-2014(RE 2010) Dated: August 4, 2011

8. Duty demand - DEPB Scrips obtained by fraud - Confiscation of goods - No exports, on the basis of which DEPB scrips were issued, had actually taken place - recovery to be made - AT

9. EXIM - Shipping bill - Conversion from ‘Advance Licence to DEPB Scheme’ - Request made after more than one year of export - conversion allowed - AT

10. Eligibility for benefit under DFIA Scheme - Benefit of exemption - import of Extra Virgin Olive Oil - Neither the imported goods viz., Olive oil nor Salad oil/Vegetable...