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February, 2012

1.Notification No. 7/2012-Customs dated 9th February, 2012 notifies extension of Status Holder Incentive Scrip (SHIS) scheme up to 31.03.2013

2.Notification No. 8/2012-Customs dated 9th February, 2012 notifies exemption of customs duty on remnant turbine fuel consumed during an aero show organized by the central government.

3.Notification No. 9/2012-Customs dated 9th February, 2012 notifies duty free re-import of cut & polished diamonds into India after certification/grading by the laboratories / agencies as notified in the Foreign Trade Policy.

4.Notification No. 11/2012-Customs (N.T.) dated 15th February, 2012 amends Notification No. 36/2001-Customs dated 3rdAugust, 2001 by substituting Table1 and Table2 respectively with new ones.

5.Notification No. 12/2012-Customs(N.T.) dated 27th February, 2012 amends notification No. 12/97-Customs (N.T.) dated 2nd April,1997 by inserting Thimmapur Village, District Mahbubnagar after item (viii) in column (3) and the entry “Unloading of imported goods and the loading of export goods” in column (4) of serial number 1 relating to the State of Andhra Pradesh in the Table.

6.Notification No. 13/2012-Customs (N.T.) dated 27th February, 2012 notifies appointment of Common Adjudicating Authority for the purpose of adjudicating the matters relating to Show Cause Notice pertaining to M/s A & N Impex, House No.995, Sanjay Gandhi Colony, Sector-32A, Ludhiana.

7.Notification No. 14/2012-Customs (N.T.) dated 27th February, 2012 notifies rate of exchange of conversion of each of the foreign currency w.e.f. 1stMarch, 2012.

8.Notification No. 15/2012-Customs (N.T.) dated 29th February, 2012 amends Notification NO. 36/2001-Customs (N.T.) dated 3rd August, 2001 by substituting Table1 and Table2 respectively in terms of tariff value.

9.Notification No. 16/2012-Customs (N.T.) dated 29th February, 2012 amends notification NO. 62/1994-Customs (N.T.) dated 21st November, 1994 by substituting the existing terms with “Dhamra” and “Unloading of imported goods and loading of export goods or any class of such goods, except containers, project imports, hazardous cargo and liquid cargo, but including carbon black feed stock and edible oil.” in columns 3 and 4 of serial number 9 relating to the State of Orissa respectively.

10.Circular No. 03/2012-Customs dated 1stFebruary, 2012 clarifies Classification of Fused Silica under Customs Tariff Act, 1975.

11.Circular No. 04/2012-Customs dated 17th February, 2012 clarifies adoption of uniform Customs Procedure for calculating the contents of Iron Ore.

12.Circular No. 05/2012-Customs dated 23rd February, 2012 clarifies Courier Import and Export (Electronic Declaration & Processing) Resolution 2010. It extends the transition period from the date of publication of regulation for examination referred to in regulation 19 of CHALR, 2004 up to 30.06.2012


February, 2012