Monthly Archives: August 2013

Instructions regarding ‘Handling of Cargo in Customs Area Regulations (HCCAR) 2009’

Government of India, Ministry of Finance, Central Board of Excise and Customs issued the following instructions vide its File No. 450/19/2005-Custom dated 23rd July, 2013 Ministry of Agriculture has raised the issue of temporary ban on Import of Rice and … Continue reading

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Instruction Regarding 24×7 Customs Operation at Major Ports and Airports

Government of India, Ministry of Finance, Central Board of Excise and Customs issued the following instruction vide its File No. 450/25/2009 – Custom dated 31st May, 2013 Refer to Board’s Circular No 22/2012-Cus dated 07.08.2012, whereby 24X7 Customs clearance was … Continue reading

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Instructions Regarding Issues Related to Transmission of Trade Data

Government of India, Ministry of Finance, Department of Revenue, Central Board of Excise & Customs, Tariff Unit issued the following instructions vide its file No. 528/69/2012-STO (TU) dated 21st May, 2013. A Committee under the chairmanship of DG NIC with … Continue reading

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Grievances related to process of reconciliation of realization of export proceeds in terms of CBEC Circular No. 5/2009-Customs

Government of India, Ministry of Finance, Department of Revenue, Central Board of Excise & Customs, Drawback Division issued the following instruction vide its file no. 609/35/2013-DBK dated 4.4.2013 There is a process of reconciliation of realization of export proceeds that … Continue reading

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Reporting of OTC transactions in Securitized Debt Instruments

Reserve Bank of India vide its Notification No. RBI/2013-14/201 dated August 26, 2013 issued to All RBI regulated entities Notified the following: As a measure to develop the securitized debt market and improve transparency, the reporting of Over The Counter … Continue reading

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Rupee Export Credit – Interest Subvention

Reserve Bank of India vide its notification no. RBI/2013-14/200 dated August 26, 2013 issued to All Scheduled Commercial Banks and Exim Bank (Excluding RRBs) notified that: Reference to Bank’s circulars DBOD.Dir.BC.No.70/04.02.001/2012-13 dated January 14, 2013 and DBOD.Dir.BC.No.94/04.02.001/2012-13 dated May 24, … Continue reading

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Rate of Exchange of Conversion of The Foreign Currency With Effect From August 27, 2013 (Swedish Kroner)

Government of India, Ministry of Finance (Central Board of Excise and Customs) vide its Notification No 89/2013 – Customs (N.T.) Dated 26 th August, 2013 hereby makes the following further amendments in the Notification of the Government of India, Ministry of Finance … Continue reading

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