|
Customs and Excise
|
Customs and Excise
|
-
Customs department turns 50
The Customs Department is all set to surpass its last years revenue of Rs 4,410 crore as it has already earned Rs 3,588 crore this year.Speaking on the occasion of International Customs Day and the 50th year of the Customs Act in Bangalore on Thursday, the department informed that this was a 28 per...
-
Globally networked customs, need of the hour
A globally networked customs can help in trade facilitation and enforcement. The trade mispricing accounted for an average of 54.7% of cumulative illicit flows from developing countries. The global network of custom authorities will facilitate exchange of information on valuation of goods, rules of ...
-
'Not regulators, customs officials are facilitators'
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
wa...
-
Customs nab 4 T.N. residents, seize 124 kg of peacock feathers
The Air Intelligence Unit of the Customs at the Netaji Subhas Chandra Bose International Airport intercepted 124 kg of peacock tail feathers and arrested four Kuala Lumpur-bound passengers from a Thai Airways flight.
All of them were remanded to judicial custody here on Tuesday.
The accused were o...
-
Customs cop held over dowry demands
The Delhi police on Monday arrested the inspector of the central customs and excise department, Pune, Sanjeev Dahiya (30) of Koregaon Park, for allegedly subjecting his wife Reena to cruelty over dowry demands.
A magisterial court here has sent Dahiya to transit police custody till February 2 to en...
-
Exempt coal imports from customs duty: Assocham
Industry body Assocham on Saturday sought exemption from basic customs duty and countervailing duty for thermal or steam coal which increase power tariff by 25 paise a unit.
Imported coal from Indonesia is subject to imposition of 7.55 per cent customs duty and that from other countries invites 10....
-
Six fall in cheap foreign holiday net, held at airport for smuggling
Five-days and four-night tour to Thailand and Hong Kong, complete with all expenses paid and even some freebies like massage at Pataya thrown in, just for Rs 24,000. There had to be a rider. And six travelers, who fell for the scheme, learned it only when they were detained by customs officials at A...
-
ITC: Rise in excise duty may prove an overhang
Even as volumes show signs of slowing, company clocks robust revenue growth across FMCG categories.
Indias largest cigarette maker, ITC, has proved yet again it can deliver on both revenues and earnings, even in a difficult environment. Despite talk of an imminent slowdown in the consumer segment,...
-
12 DRI officials bag President's medal
Directorate of Revenue Intelligence (DRI) dominated the list of 35 Customs officers who were awarded Presidential medal this year, announced on the eve of the Republic Day. At least 12 of the awardees are from the premier revenue intelligence agency, including P N Pandey, who had investigated the im...
-
Customs dept plans to speed up procedures
The Customs department is observing a Trade Facilitation Fortnight till February 2.
It will expedite disbursal of drawback claims and provide factory stuffing permission on the day of application.
Officials will try to reduce the time of import cargo clearance and speed up procedures.
At the a...
|
