DGFT amended provisions of Chapter 5 of HBP-23 related to EPCG
• Para 5.04(a) modified for extending time period of 3 years (instead of six months earlier) for submission of installation certificate.
• Para 5.04(b) : Deleted (Installation cert for spares – 3 years).
• Para 5.13(c ) : Amended, EO of Ist block allowed with composition fees based on Duty Saved Amount.
• Para 5.13(e) Inserted new para : EoP of 1ST BLOCK WILL ALSO BE ALLOWED FOR AUTHORISATION OF 2015-20.
• Para 5.16(b) EoP beyond six years allowed with composition fees.
• Para 5.16(e) Inserted new para for PRC cases also applicable composition fees specified based on Duty Saved Amount for EoP or 1st block EoP extension.
DGFT amended provisions of Chapter 5 of HBP-23 related to EPCG
Para 5.04(a) modified for extending time period of 3 years (instead of six months earlier) for submission of installation certificate.
Para 5.04(b) : Deleted (Installation cert for spares – 3 years).
Para 5.13(c ) : Amended, EO of Ist block allowed with composition fees based on Duty Saved Amount.
Para 5.13(e) Inserted new para : EoP of 1ST BLOCK WILL ALSO BE ALLOWED FOR AUTHORISATION OF 2015-20.
Para 5.16(b) EoP beyond six years allowed with composition fees.
Para 5.16(e) Inserted new para for PRC cases also applicable composition fees specified based on Duty Saved Amount for EoP or 1st block EoP extension.
DGFT amended provisions of Chapter 5 of HBP-23 related to EPCG
Para 5.04(a) modified for extending time period of 3 years (instead of six months earlier) for submission of installation certificate.
Para 5.04(b) : Deleted (Installation cert for spares – 3 years).
Para 5.13(c ) : Amended, EO of Ist block allowed with composition fees based on Duty Saved Amount.
Para 5.13(e) Inserted new para : EoP of 1ST BLOCK WILL ALSO BE ALLOWED FOR AUTHORISATION OF 2015-20.
Para 5.16(b) EoP beyond six years allowed with composition fees.
Para 5.16(e) Inserted new para for PRC cases also applicable composition fees specified based on Duty Saved Amount for EoP or 1st block EoP extension.
DGFT informed that w.e.f. 25.7.24, the Ministry of Steel has launched an updated version 2.0 of the Steel Import Monitoring System (SIMS 2.0). The import registration services can now be accessed at https://sims.steel.gov.in instead of dgft website https://dgft.gov.in).
1. Trade Notice No. 09//2024-25 dated 23.7.24
DGFT informed that any authority, customs, stake holder can check genuineness & verification of any lic, authorization, scrip, certificate etc, issued by DGFT which bears UDIN at the top right corner, through dgft website by entering UDIN (Unique Document Identification Number – 18 digit system) and the UDIN verified document can also be downloaded. No other mode required for confirmation.
(DGFT Website (https://dgft.gov.in) -- > Services -- > Info for Customs Authorities -- > Verify UDIN.)
Para 4.49(b) of HBP-23 amended for payment of fees equal to 1% (instead of 3%) of differential value in case of value wise shortfall in FOB and value addition falls on negative side
Fixation of Tariff value for Areca Nuts, Brass Scrap, Edible Oils, Gold and Silver.
Amendment in Notification No.50/2017 adding Sl. No.544A allowing exemption in duty for parts and components of Aircraft mentioned in mannuals
Applicability of SCOMET policy for irregular Aluminium powder clarification by DGFT
Amendment to Circular No.29/2020 addition of allowing transshipment of Bangladesh export cargo to third countries through Air Cargo Complex, Kempegowda International Airport, Bengaluru
Correction carried out with clarification in earlier Trade Notice No. 7/24-25 dated 28.6.24 regarding
- Cap of Rs.166 per IEC on Interest Equalisation Scheme (IES)
- Included MSME manufacturer
- No need to generate separate UIN for extension
Import of potatoes, fresh or chilled – other under ITC (HS) Code 07019000 (which is restricted) is allowed freely from Bhutan without any licence up[to 30.06.2027
Policy condition revised for export of Rice (Basmati & Non-Basmati) that certificate of inspection by EIC/EIA will not be required for six months against export to certain European Countries.
Amendment in SEA CARGO MANIFEST AND TRANSSHIPMENT REGULATIONS 2018 AND commencement of SCMT REGULATIONS 2024
Implementation of Sea Cargo Manifest and Transshipment Regulations 2024 from 31st August 2024
Amendment for Notification No.19/2019 for extending exemption for specified Defence equipment For further period upto 2029.
Telescopic Channel Drawer Slider under HS code 83024110, 83024190, 83024200 and 83024900
Anti-Dumping Duty levied for consignment originating from China.
Easy open ends of tin plate, including electrolytic tin plate (ETP), HS code 83099090
Anti-Dumping Duty levied for consignment originating from China.
Anti- Dumping Duty levied on Hydraulic Rock Breaker against HS Code 84314930 for China and Korea
Common Adjudicating Authority for various cases of M/s.Tyco Safty Products India Pvt. Ltd. Is Dy. Commissioner of Customs Gr. VA JNCH appointed by above Notification.
Circular for clarification of Display Assembly and parts of Display Assembly for mobile phone
Customs Exchange Rates w.e.f. 07.06.2024
Common Adjudicating Authority for M/s. ATD India Pvt. Ltd.
Amendment to Notification No.02/2019 Cus. (CVD) DT.30.08.2019
CVD on SACCHARIN under CTH 29251100 originating from CHINA is extended up-to 28th Feb., 2025
It is clarified that in terms of para 4.17 of HBP – 23 an applicant/AA holder can file representation for a review of the decision of NC upto 31.12.2024 against the NC decision taken before 1.4.2023.
This review will be for authorizations issued on or after 1.4.2019 and that earlier there was no review decision.
SION of Food product at Sl No. E – 125 for export of Shea Stearine is modified with revised entitlement from 5.20MT to 5.02 MT/MT & valid upto 31.03.2027.
Data/information on mfg work flow & process wastage/recovery is called upto 31.7.24 from GJEPC/sector industry.
Implementation of PN No. 5/24 dated 27.5.24 is kept in abeyance till 31.7.24 for reassessment of wastage/SION on request of GJEPC.
Waste Norms given under para 4.59 of HBP and SION of Gems & Jewellery Sector is amended/revised.
In continuation to CBIC Circular No.32/2019 for Disposal of confiscated Un-maned Aircraft, Drones etc., reports to be submitted to new Nodal officers of concern authorities.
Fixation of Tariff Value for Edible Oil, Brass Scrap, Areca Nuts, Gold and Silver
The Electronics & I.T. Goods (Requirements of Compulsory Regulation) Order 2012 is amended as to “2021” . In case of failure of BIS/QCOs compliance, the imported goods will have to be re-exported or customs will destroy the said imported goods and dispose of as scrap.
Changes made between Orders of 2012 and 2021 issued by MeitY for the “Electronics and Information Technology Goods (Requirements for Compulsory (Registration) Orders”. (QCOs).
2012
1. Fifteen (15) Categories of electronics products.
2. Standard conformity of products for ISI marks.
3. Previous standard on quality.
4. 2012 order was effective after six months of issue.
5. 2012 required compulsory registration with BIS.
2021
1. More categories added viz smart watches, wireless head phone, USB Drive, barcode scanner, LED lighting chain etc.
2. Several standard added to reflect more recent technological advancement & safety.
3. Updated standard on safety & performance.
4. 2021 order provides transitional arrangements for products registered under 2012 & gradually meet the updated standard.
5. 2021 order emphasizes stricter enforcement mechanism & compliance.
New Customs Exchange Rates w.e.f. 17.05.2024
Fixation of Tariff value for Edible Oil, Brass Scrap, Areca Nuts, Gold and Silver
Leavy of Anti-Dumping Duty on Pentaerythritol HS code 29054290 for Import from China, Saudi Arebia and Taiwan
Introducing the Provision in FoSCoS to file Updated / Revised Annual Return.
Revised Duty-Drawback AIR rates as per Notification No.33/2024 Customs (N.T.) dt.30.04.2024 Brief changes.
List of Banks allowed to import Gold, Silver, and Platinum in list 34A and 34 B of Notification No.50/2017 Sr. No.359 is substituted for the year 1st April 2024 to 31st March 2025
New Customs Exchange Rates w.e.f. 03.05.2024
Amendment in certain products of ALL INDUCTRIES RATE of Draw-back as Notified by Notification No.77/2023 Customs (N.T.).
Fixation of Tariff Value of Edible Oil, Brass Scrap, Gold and Silver
Input of E-124 is corrected to read as 3.600 Kgs per MT instead of 3600 kgs.
(Reference is invited to PN 1 dated 9.4.24 wherein Food Product norms at E – 124 is modified for export of Refined Sunflower Oil (Edible Grade). Existing inputs i.e. coal, diesel are deleted. “Filter aid” is permitted as an input at Sl No. 6 with norms @ 3600 kgs per MT which is now corrected as above to read 3.600 kgs/MT).
2000 MT of white Onion under ITC (HS) code 0703 1019 (which is prohibited) is allowed for export from ports Mundra, Pipava and JNPT subject to certified quantity from Horticulture Commissioner, Govt of Gujarat.
Validity has been extended upto 4th July 2024 of accredition of Halal Certification Bodies and registration of unit for export of meat and meat product.
New Customs Exchange Rates w.e.f. 19.04.2024
Fixation of Tariff Value for Edible Oil, Brass Scrap, Areca Nuts, Silver and Gold.
Import of Isopropyl Alcohol (IPA) under ITC (HS) code 29051220 is free from 1.4.24 without any country wise restriction which was imposed for the period AM-24 vide Notification No. 64/2015-20 dated 31.3.23.
Export of Onions under ITC (HS) code 0703 1019 to the extent of 10000 MT to Sri Lanka and additional 10000 MT to UAE is allowed through National Co-operative Exports Ltd (NCEL).
Export of various product to Maldives under bilateral trade agreement as per Notification No. 3 dated 5.4.24 is allowed through specified ports only i.e. Mumbai Seaport, Tuticorin Seaport, JNPT and ICD Tughlaqabad.
Advance Authorisations issued under Customs Notification No. 18/2015 dated 1.4.15 for physical exports and Notification No. 21/2015 dated 1.4.15 for deemed exports. EO can be fulfilled by making combined/both exports i.e. physical as well as deemed exports.
