Rupee plunges to record low of 55.47 against Dollar    Justice VS Sirpurkar is Chairman of Competition Appellate Tribunal     AK Pandey appointed as High Commissioner to New Zealand  Facebook shares drop below issue price    FM okays transfer & posting orders of Commissioners of Customs & Excise-A dozen Commissioners posted in NCR in transfer list-Commissioner Gurgaon & Ghaziabad also in the list according to North Block sources   Government tables White Paper on Black Money in Parliament     India's first Interactive Online Course on Service Tax launched-Click on the link-Service Tax Online Certification Course-for full details and registration-Course begins on 22nd May     167 IRS(Customs & Excise) Probationers get postings- A dozen Probationers posted in Delhi Central Excise       Rajya Sabha passes Finance Bill 2012    Petrol & Diesel prices to be hiked    Tariff Value for import of Brass scrap is 4362 & for poppy seeds 3680-for gold 507 per 10 gram & for silver 920 per kg-Customs Non-Tariff Notification No.42      Customs duty exempted on import of 191 Products from Singapore-Customs Tariff Notification No.33    Import of 485 Products from Singapore exempted from Customs duty-Customs Tariff Notification No.34    Import of 496 Products from Singapore exempted from 50 per cent of applied rate of duty-Customs Tariff Notification No.35     Saurabh Chandra gets additional charge of Commerce Secretary    ITAT Member N Vasudevan transferred from Mumbai to Bangalore-J Sudhakar Reddy moves from Mumbai to Delhi-IP Bansal from Delhi to Mumbai-IC Sudhir from Pune to Delhi      CVD on imported electronics lowered due to higher rates of abatement from RSP notified-Abatement from MRP for excise payment on all electronic products prescribed at uniform rate of 35 per cent-Abatement revised for several products-Central Excise Non-Tariff Notification No.26     Suppliers to Mega Power Projects face silly excise demands-Click on the link below for full details    Excise demand of Rs 32 Crore confirmed against Exide for not paying excise on MRP basis on lead acid storage battery     RBI says Exporters required to convert 50 per cent of their foreign exchange holdings into Rupee within 15 days-Exporters will be allowed to buy foreign currency only after utilizing all their foreign currency holdings      Articles of jewellery exempted from excise duty-Specified Railway Goods manufactured by Government exempted from excise -Central Excise Tariff Notification No.23   Excise on specified Petroleum Oils lowered    Eye makeup preparations exempted from excise   The excise exemption hitherto admissible on all Hawai Chappals will now be admissible to only Hawai Chappals of RSP up to Rs 500-Polyester staple fibre or polyester filament yarn, manufactured from plastic scrap or plastic waste including waste polyethylene terephthalate bottles exempted from excise-Excise on Motor chassis for vehicles lowered to 14 per cent excise-Excise on LED Lights of Chapter 85 lowered to 6 per cent-Inks for ball point pens exempted from excise-Central Excise Tariff Notification No.24-Parts of Footwear and hawai chappals of RSP not exceeding Rs. 500 per pair exempted from excise if consumed in factory-Central Excise Tariff Notification No.25-Excise exemption to goods required for initial setting up of solar power generation project or facility-Central Excise Tariff Notification No.26     CENVAT Credit (Fifth Amendment) Rules, 2012-No reversal of credit required for supplies made for setting up of solar power generation projects or facilities-Central Excise Non-Tariff Notification No.25     exemption from wholeof the additional duty leviable shall not apply to Hand held Metal/Mine/Bomb detectors etc.-Customs Tariff Notification No.30    Import of specified goods allowed at concessional rate of duty-Customs Notification No.31      FM defers the applicability of  GAAR provisions by one year- GAAR provisions will now apply to income of Financial Year 2013-14 and subsequent years-The retrospective clarificatory amendments now under consideration of Parliament will not be used to reopen any cases where assessment orders have already been finalized-long term capital gain arising from sale of unlisted securities in case of  non-resident investors, including PE investors lowered to 10 per cent-FM extends  benefit of tax exemption on long term capital gains to  sale of unlisted securities in IPO-lower rate of withholding tax of 5% for funding all businesses-FM withdraws  the provision for levy of TDS on transfer of immovable property-FM raises the threshold limit for TCS on cash purchases of jewellery to Rs.5 lakh-only serious offences under the customs law involving prohibited goods or duty evasion exceeding Rs.50 lakh, shall be cognizable- all these offences shall be bailable-changes in the definition of “service” which will exclude the activities specified in the Constitution as “deemed sale of goods”-The definition of “works contract” also  enlarged to include movable properties- Exemption for specified services relating to agriculture in the Negative List extended to agricultural produce enlarging the scope of the entry    Anti-dumping duty on imports of Partially Oriented Yarn, originating in, or exported from China-Customs Notification No.22        Customs duty on import of 806 Products from Japan lowered       Anti-dumping duty imposed on import of Phosphoric Acid of all grades and all concentrations (excluding Agriculture/FertilizerGrade) , falling under tariff item 28092010, originating in, or exported from,Israel and Taiwan-Customs Tariff Notification No.19     Customs duty on import of composite fertiliser lowered to 1 per cent-Customs Tariff Notification No. 24      
 
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CUSTOMS TARIFF NOTIFICATIONS 2007

 

101/2007

Tariff concessions on specified items under indo-chile preferential trading agreement

102/2007

Exemption granted to Additional Customs duty on imported goods

103/2007

Imposition of provisional anti-dumping duty on the imports of goods from People's Republic of China

104/2007

Imposition of provisional anti-dumping duty on the imports of goods from People's Republic of China

105/2007

Anti-dumping duty imposed on import of Phenol from USA Korea & Taiwan

106/2007

Anti-dumping duty imposed on Potassium Carbonate, produced or exported by M/s Taiwan Pulp and Paper Corporation, Taiwan  

107/2007

Rescinds the Notification No.66/2007-Customs, dated the 9th May, 2007 on anti dumping duty

108/2007

Anti-dumping duty on import of pre-sensitized positive off-set aluminium plates 

109/2007

Anti-dumping duty on acrylo-nitrile butadiene rubber (NBR), originating in, or exported from Korea R.P. and Germany

110/2007

Amends Notification No. 73/2003-Customs, dated the 1st May, 2003 on anti-dumping duty

111/2007

Rescinds Notification No.96/2005-Customs, dated the 16th November, 2005

112/2007

Definitive Anti-dumping duty imposed on import of Vitamin A Palmitate from Switzerland & China

113/2007

Anti-dumping Duty on Acrylic Fibre   

114/2007

Provisional assessment of exports made by M/s Qingdao Lian Chuang Stock Company Ltd., People’s Republic of China 

115/2007

Customs on PSF & PFY,  other man-made fibres ,polyester chips,DMT, PTA & MEG lowered to 5 per cent Paraxylene exempted -

116/2007

Amends various Notifications substituting the words 'Amritsar Rail Cargo, Attari Road, Hilli, Ghojadanga and Changrabandha'  in place of 'Amritsar Rail Cargo and  Attari Road' 

117/2007

Anti-dumping duty on Ceftriaxone Sodium Sterile, originating in, or exported from People’s Republic of China

118/2007

Castor de-oiled cake manufactured in SEZ and brought to DTA exempted from Customs duty subject to conditions

119/2007

Anti-dumping duty on import of Compact Fluorescent Lamps 

120/2007

Rescinds notification No.7/2006-Customs, dated the 13th February, 2006 

121/2007

 anti-dumping duty on Sodium Hydroxide, commonly known as Caustic Soda

 122/2007

Import of Wheat Flour exempted from Customs duty

123/2007

Amends notification No. 21/2002-Customs, dated the 1st March, 2002 

124/2007

Anti-dumping duty on import of Flat base Steel Wheels 

125/2007

Amends notification  No.67/2006-Customs, dated the 30th June, 2006 

126/2007

Amends notification  No.68/2006-Customs, dated the 30th June, 2006         
 

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