Monthly Archives: June 2011

IMPORT /EXPORT OF VEHICLES IN/TO INDIA

Dated 28th June 2011 Chapter 87 of HSN/ITC issued under the provisions of FTD (R&C) Act, 1992, as a part of EXIM Policy 2009-2014 prescribes the policy requirements of import of vehicles other than Railway or Tramway Rolling – Stock, … Continue reading

Posted in foreign trade | 10 Comments

Regulatory Provisions for Import of edible / food products into INDIA

Dated 22nd June 2011 BACKGROUND: 1. In terms of Para 8 of Chapter I A (General Notes Regarding Import Policy) of the ITC (HS) Classification of Export and Import items, import of all such edible/food products including tea, domestic sale … Continue reading

Posted in foreign trade | 6 Comments

Refund of 4 % Additional Customs Duty-SAD Refund.

Dated 09th June 2011 LEGAL SCENARIO: 1.1 By virtue of Notification No. 102/ 2007 dated 14.09.2007 the Central Government granted exemption, of the whole of the additional duty of customs leviable thereon under sub-section (5) of section 3 of the … Continue reading

Posted in Indian Customs | 17 Comments