Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
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) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: ACCOUNTING STANDARD :: form 3cd :: TAX RATES - GOODS TAXABLE @ 4% :: list of goods taxed at 4% :: ACCOUNTING STANDARDS :: Central Excise rule to resale the machines to a new company :: empanelment :: cpt :: VAT Audit :: due date for vat payment :: VAT RATES :: articles on VAT and GST in India :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ARTICLES ON INPUT TAX CREDIT IN VAT :: TDS
 
 
Customs and Excise »
 IGST on high-seas sale of imports is levied only during customs clearance
 Central Excise Rules, 2017 – Part II
 Central Excise Rules, 2017 – Part I
 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

'Not regulators, customs officials are facilitators'
February, 03rd 2012

Union finance minister Pranab Mukherjee has exhorted customs officers to remain more vigilant against the smuggling of drugs, arms and fake currency notes. Speaking at a function to commemorate 50 years of the enforcement of the 1952 Customs Act at FICCI auditorium, Mukherjee said that he

 
was confident that the officers and staff of Indian Customs "will continue to strive hard to fulfil the onerous responsibility cast on them and rise to the occasion to meet the future challenges".
At the same time the finance minister appreciated the "sea change" witnessed in the working culture of the customs officials. "From a role of the regulator they have now become more of facilitators," Mukherjee said.

While pointing out that the customs collection went up from Rs 254 crore in the 1960s to R1.47 lakh crore in 2010-2011, Mukherjee said there was a need to improve revenue realisation.

"On my behalf, the secretary (revenue) is continuously breathing down their (Central Board of Excise and Customs and Central Board of Direct Taxes) necks to improve revenue, because our demand and requirement is much more," the finance minister said.

The programme was attended by a large number of retired and serving custom officers, probationers and the representatives of trade and industry.

With increasing number of private ports, special economic zones and trade activities finance secretary RS Gujral said that there was acute shortage of officers and staff in the department.

"The finance ministry is in the process of expediting cadre review and some decision is expected in the matter within a month," Gujral said.

Former CBEC chairman and architect of the customs act, MG Abrol, CBEC chairman SK Goel and CVEO of Hero Motocorp Pawan Munjal also addressed the gathering.

Abrol also shared his experience about drafting the act. The programme started with the ceremonial lighting of the lamp.

Deputy commissioner (customs) Deepshikha Arora was the emcee of the event.

The finance minister also gave away 'WCO certificates of merit' to officers of the department for their meritorious services.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Quality Assurance Services Testing and Re-testing

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