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April, 2007

 

Some of the Important Announcements made by the CBEC, Government of India during April, 2007

  1. Cement Imports has been made Duty Free vide Notification No.53/2007-Customs dated 3rdApril, 2007.

  2. Circular No.16/2007-Cus dated 18thApril, 2007 clarifies the scope of the facility of Inter Unit Transfer of Capital Goods from one EOU/STP/EHTP to another EOU/STP/EHTP unit. 

  3. Circular No.17/2007-Cus dated 19thApril, 2007 clarifies the classification of higher technology featured mobile/cellular handset or telephones.

  4. Circular No.18/2007-Cus dated 24thApril, 2007 give instructions for uniform compilation of the requirement of Cash Deposit or Bank Guarantee equal to 25% of the duty in respect of imported sensitive goods to be warehoused in Public or Private Bonded Warehouses.

  5. Notification No.20/2007-Central Excise dated 25thApril, 2007 issues guidelines/instruction regarding excise exemption for specified goods cleared from units located in N.E. States.


Click herefor the details of allCustoms Notifications

Click herefor the details of allCustoms Circulars

Click herefor the details of allCentral Excise Notifications

Click herefor the details of allCentral Excise Circulars

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April, 2007