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: due date for vat payment :: Central Excise rule to resale the machines to a new company :: TAX RATES - GOODS TAXABLE @ 4% :: form 3cd :: articles on VAT and GST in India :: list of goods taxed at 4% :: ACCOUNTING STANDARD :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: VAT Audit :: VAT RATES :: TDS :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ACCOUNTING STANDARDS :: empanelment :: cpt
 
 
Customs and Excise »
 Customs And Central Excise Drawback – Part II
 Customs Valuation (Determination of Value of Imported Goods) Rules 2007
 Amendment to Customs Valuation Rules – Notification No. 91/2017 (NT)
 GST on Custom House Agents
 The Customs and Central Excise Duties Drawback Rules, 2017 and All Industry Rates (AIRs) of Drawback related changes
 The Customs and Central Excise Duties Drawback Rules, 2017
 Man fleeing from Customs arrested
 Refund of amount on account of double-payment of Customs
 SC paves way for trial against RIL in 1987 excise evasion case
 GST: Govt sets up panel to receive profiteering complaints
 IGST on high-seas sale of imports is levied only during customs clearance

New immigration, customs norms introduced for flyers
March, 04th 2014

A new immigration form bearing additional fields for declaration of prohibited and dutiable goods for passengers flying into India has come into effect.

An Indian citizen would now need to fill up the immigration form only when he or she goes out of the country. Indian citizens returning from abroad are not required to fill the immigration form, which came into force from Saturday.

Passengers coming to India will have to declare Indian currency exceeding Rs 10,000 being carried by them in the new 'Indian Customs Declaration Form'.

This form has an additional field for declaration of baggage (including hand baggage).

Travellers will be declaring any prohibited articles, gold jewellery (over free allowance) and gold bullion. Passengers will also have to give details of countries visited in the prior six days.

Old fields like declaration of satellite phone, foreign currency exceeding $5,000 or equivalent, aggregate value of foreign exchange, including currency exceeding $10,000 or equivalent, meat, meat products, dairy products, fish or poultry products and seeds, plants, fruits, flowers and other planting material have been retained in the new form.

Passengers of Indian origin and foreigners of over 10 years of age residing in India and coming from Nepal, Bhutan, Myanmar and China are eligible for a duty-free allowance of Rs 6,000. A duty-free allowance of Rs 35,000 can be availed by such passengers in case they are coming from any country other than the above four.

As per rules, a tourist of foreign origin gets a duty-free allowance of Rs 8,000. An Indian traveller, who has been residing abroad for over a year, can get gold jewellery worth Rs 50,000 (for man) and Rs 1 lakh (for woman) without paying import duty.

All passengers are also eligible to bring with them liquor or wine up to two litres, 200 sticks of cigarettes, up to 50 cigars or 250gm of tobacco.

Passengers of 18 years and above can also bring one laptop or notebook computer without payment of customs duty, the rules said.

Customs duty is leviable at the rate of 36.05 per cent (including education cess) on the value of dutiable goods that is in excess of the duty-free allowance.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Multi-level Marketing MLM India Affiliate Marketing Affiliate Marketing Software MLM Software MLM Solutions Multi level marketing solutions MLM Servi

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