Rate of duty applicable to accessories, etc.supplied with imported articles [Accessories (conditions) Rules, 1963 ]: Certain accessories are sometimes compulsorily supplied with the main equipment. It may be difficult to […]
Custom Law - 42. page
Determination of duty in case of imported goods consisting of articles liable to different rates of duty and imported as a ‘set of articles’ – Custom Law
Determination of duty in case of imported goods consisting of articles liable to different rates of duty and imported as a ‘set of articles’ : As per section 19 ,where […]
Section 18 of the Customs Act ,1962 deals with the provisions of Provisional assessment – Custom Law
Section 18 of the Customs Act ,1962 deals with the provisions of Provisional assessment: (i ) Circumstances in which Provisional assessment can be ordered are – Where the importer or […]
Section 17 deals with assessment of duty – Custom Law
Section 17 deals with assessment of duty : (a ) Self Assessment by Importer or Exporter : (i) An importer entering any imported goods u/s 46 ( i.e. bill of […]
Assessment of Goods – Custom Law
Assessment of Goods: Assessment is a procedure adopted for determining the duty liability by correct classification and valuation of goods.
Date for determination of rate of duty and tariff valuation of exported goods – Custom Law
Date for determination of rate of duty and tariff valuation of exported goods : According to Section 16 of the Customs Act 1962, the provisions relating to date for determination […]
Date for determination of rate of duty and tariff valuation of imported goods – Custom Law
Date for determination of rate of duty and tariff valuation of imported goods : According to Section 15 of the Customs Act 1962, the provisions relating to date for determination […]
Taxable Event for exported goods – Custom Law
Taxable Event for exported goods: As per section 16(1) of the customs act ,1962 ,taxable event arises only when ‘Proper Officer’ makes an order permitting clearance (i.e. entry outwards ) […]
Taxable Event for warehoused goods – Custom Law
Taxable Event for warehoused goods: It is the time when goods are cleared from Customs bonded Warehouse, by submitting a sub-bill of entry. As per section 15(1) (b ) of […]
Charging Section – Custom Law
Charging Section: The provisions relating to charge of duties of customs are contained in Section 12 of the Customs Act, 1962. Section 12 makes it clear that import or exports […]