Customs Act 1962
CESTAT
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT) is all set to commemorate its 40th year of successful journey on March 19, 2023. The event will include the release of a souvenir marking the 40 years of CESTAT. CESTAT’s ..
Month: Current Affairs - March, 2023
Category: India Nation & States Current Affairs • Legal & Constitution Current Affairs
International Customs Day, 2022
Every year the International Customs Day is celebrated on January 26. The day is celebrated by the United Nations and several other international organizations. The day is celebrated to acknowledge the role of custom officials in the flow of goods. ..
Month: Current Affairs - January, 2022
Category: Important Days & Events Current Affairs
Customs (Import of Goods at Concessional Rate of Duty) Amendment Rules, 2021: IGCR, 2017 Customs Rules changed
The Government of India recently brought changes to the Customs (Imports of Goods at Concessional Rate of Duty) rules, IGCR 2017 to boost trade facilitation. This was done through the Customs (Import of Goods at Concessional Rate of Duty) Amendment ..
Month: Current Affairs - May, 2021
Cabinet approves Agreement between India and UK on Customs Cooperation
On April 28, 2021, the Union Cabinet chaired by Prime Minister Narendra Modi approved the agreement signed between Government of India and the Government of UK. The agreement was signed on Customs Cooperation and Mutual Administrative Assistance in Customs matters. ..
Month: Current Affairs - April, 2021
Ordinance passed for 100% Tax Exemption on donations to PM Cares Fund
On March 31, 2020, the Government of India passed an ordinance to allow 100% exemption on donations made on PM Cares Funds. The ordinance has also extended the time limit of direct and indirect tax filings to June 30, 2020. ..
Month: Current Affairs - April, 2020
February 24: Central Excise Day
Every year, on February 24, the Central Excise Day is being celebrated by Central Board of Excise and Customs all over India. The day is being celebrated to honour the service of Central Board of Excise and Custom (CBEC) to ..