Latest Expert Exchange Queries

Make your inventory and invoicing software GST Ready from Binarysoft
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
Popular Search: ACCOUNTING STANDARDS :: cpt :: ACCOUNTING STANDARD :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ARTICLES ON INPUT TAX CREDIT IN VAT :: Central Excise rule to resale the machines to a new company :: due date for vat payment :: form 3cd :: VAT RATES :: list of goods taxed at 4% :: empanelment :: articles on VAT and GST in India :: TAX RATES - GOODS TAXABLE @ 4% :: VAT Audit :: TDS
Customs and Excise »
 Allocate the charges amongst the Members of the Central Board of Excise and Customs
  Constitution of Review Committees of the Chief Commissioners of Central Excise and Service Tax-Regd.
 4 new members appointed in Central Board of Excise and Customs
 Constitution of Review Committees of the Chief Commissioners of Central Excise and Service Tax-Regd.
 Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017
 Central Board of Excise and Customs to soon notify new procedural framework
 CBEC set to be Central Board of Indirect Taxes and Customs
 Govt to give customs, excise duty benefits to boost solar rooftop sector
 Clarification regarding posting of Central Excise officer in Cigarette units-reg.
 Ensure transparency in excise department working: Bizmen to government
 It is time to review the customs duty on essential food imports

More Customs duty-free imported goods?
January, 19th 2012

Passengers bringing imported goods to India may soon have some relief from Customs duty. Currently, passengers can bring goods worth Rs 25,000 free of duty. Customs department is planning to increase the amount.

Though no hike has been decided yet, chief customs commissioner, Vineet Kumar said on Wednesday that they have requested the government to increase the permissible limit or amount.

"Branded items are expensive these days. Even if people buy a few things, they exceed the permissible amount," said Kumar. The decision comes at a time when many celebrities, including Dia Mirza, were detained when they failed to declare their dutiable purchases abroad. Customs is also planning to install boards at the airport so that they grab passengers' attention and can instruct and educate them to follow Customs rules.

A traveller's charter, issued by the Customs department, says that the baggage of international passengers will be opened only after explaining the reasons. It will be done in their presence. "We will help in repacking baggage if we have made you unpack them," the charter states. "We will explain the reasons if we need to search you," it added.

The charter states that investigating officers will explain the legal provisions and passengers' rights and obligations. It also states that no seized document will be withheld beyond 60 days except if needed for investigation or other proceedings. All passenger complaints will be acknowledged and replied to within 30 working days.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Software Development Software Programming Software Engineering Custom Software Development Requirement Based Software Development Software Solutions Software Serv

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions