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Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: 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Daily Index of Changes (DINDEX)

 

Hazardous Wastes Rules 2016

 

New Warehousing Regulations

 

Swachh Bharat Cess (SBC)

 

Budget 2016-2017

 

Foreign Trade Policy 2015-2020Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: E:\WTS-site data\newanima.gif

(Updated as on 05.12.2017)

 

Online Application Form for IEC

 

MEIS and SEISDescription: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: E:\WTS-site data\newanima.gif

 

ITC(HS) 2017Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: E:\WTS-site data\newanima.gif

 

BIS Standards

 

EPCG

 

Customs

 

Excise

 

MRP Based Countervailing Duty

 

Clean Energy Cess

 

CBEC Circulars

 

Customs Procedures

 

Drawback Schedule 2016-17

 

Service Tax

 

GST CornerDescription: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: E:\WTS-site data\newanima.gif

 

RBI Circulars

 

Anti Dumping

Anti-dumping Initiation Notifications

 

Safeguard Duties

 

Exchange Rates

 

WTO News

 

Food Security

 

World Trade Scanner

 

Weekly Index
of Changes

 

Non Tariff Barriers (NTBs)

 

RTAs

 

Nepal

 

Special Economic Zones (SEZs)

 

SCOMET

 

 

 

 

 

 

News –21 June 2018

 

 

What's New...

 

Indian Government to Slap Enhanced Tariff on US from 4 August

·     Retaliation against US Measures on Indian Exports of Steel and Aluminium

·     5 to 10% Hike on Almonds, Walnuts, Apples, Phosphoric Acid, Boric Acid along with Lab Reagents, Chemical Mixtures, and some Steel Items

·     Schedule Rate on 30 Tariff Lines Notified by Emergency Powers to Amend Customs Tariff Act, 1975, Government uses Special Powers to By-Pass Parliament

·     Effective Rates Maintained by Exemption Notification for All Countries other than US

·     Pulses also Affected but Nominal Import from US

·     India, China, EU, Canada, Mexico, Join together in Trade War with US, Japan to Follow Soon

·     Duty on Mechanical for Mobile Phones Raised to 25% from 15%

New Cigarette Labelling Text Postponed to 31 August 2018

Govt Claims IGST Refund of Rs. 6087 Crs by Mid June in Special Refund Fortnight Week, Total Refunds of Rs. 38062 crs Sanctioned till 16 June

 

20.06.2018

Transporters can Get Unique Common Enrolment Number (UCEN) to Substitute Multiple GSTIN for Different States

·    New Form GST ENR-02 Released

South African Rand Exchange Rates

PAN Mandatory for All Remittances under Liberalised Remittance Scheme

Krishi Kalyan Cess on Imported Coal Eligible to ITC?

·     No Clean Energy Cess Eligible to ITC under Dispute

·    Cesses can be Subsumed Only under Transitional Credit and Not ITC

India Claims GSP as a Matter of Right under MFN Clause of WTO

USTR Issues List of $50bn Chinese Products for 25% Tariff

Another List of $16bn on the Anvil

 

19.06.2018

Place of Removal is with reference to Point of Sale of Manufacturer and not in Relation to Buyer,  Excise Circular of 20.10.2014 Amended

·     Cenvat Credit not Available on Transport from Seller to Buyers Premises, New Show Cause Notices Outside Limitation Period not to be Issued as Supreme Court Judgement is only Interpretation

Saccharin from Indonesia under DGTR Investigation on Complaint of Swati Petro Products

·     Indian Costs to be Used for Calculated Normal Value in Indonesia

RFID OTL (One Time Lock) to Replace Conventional OTL in Warehouse Movements too on Lines of Exports

·     RFID No Must in Shipping Documents

·     Procedure not to be Applied on Duty Free Shops

Security Transfer by FPI

Exports Bounce Back Showing 20% Growth in May Over Previous Year

·     Petroleum Products, Chemicals, Pharma, Cotton and Engineering Goods Lead, Garments Fall by 12.6%

 

15.06.2018

Soyabean Oil Duty Raised to 35% from 30%

·     CPO to Continue at 54%, No Change

·    Other Oils also Up by 5 to 10 percent

Services to SEZ will be Treated as Inter-State Supply to be Covered under IGST

·     Services Supply to SEZ Unit will be Treated as Zero Rated Supply only for Authorised Operations of Unit

·     Fabric Processors as Job Workers can Get Refund of Inverted Duty since they are in Services Sector

·    Inverted Duty Provision under Section 54(3) of CGST is Only for Goods

Change of Email and Mobile Number of the Authorized Signatory by Taxpayers with Assistance from the Jurisdictional Tax Officer

Corrigendum to Public Notice No. 09 dated 14.05.2018

Tariff Value of Palm Oil, Palmolein, Gold and Silver, Brass Scrap, Areca Nuts and Poppy Seeds Notified

 

14.06.2018

CGST Rules, 2017 Amended – New Forms Prescribed for Fortnightly Return in Composition Revenue and Refund Applications RFD-01

Disposal within One Month Notified for Seized Goods under Section 67(2) of GST Act

DGTR Initiates Sunset Review Investigation on Nonyl Phenol from Taiwan on Complaint of SI Group

Low Value Postal Exports Allowed under Single Shipping Bill PBE-II for Single Payment Shipments thru e-Commerce Portals

Board Withdraws Circular 16/2018-Customs on Revised Adjudication Powers of Commissioners for Confiscated Goods to Avoid Further Delay

Karanja Terminal (Mah) Notified for Unloading Imported Goods and Loading Export Goods

 

 

 

BIG’s Easy Reference
Customs Tariff Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: Description: E:\WTS-site data\newanima.gif

2018-19

41st Budget Edition

Author: Arun Goyal

ISBN: 978-81-86234-60-8

Rs. 1990

 

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Rupee Gains 80 paise against Dollar to Rs. 67.85 w.e.f. 8 June 2018

[Customs Notification No. 49 (Non Tariff) dated 7 June 2018]

Schedule-I

SNo.

Foreign Currency

Rate of exchange of one unit of foreign currency equivalent to Indian rupees

(1)

(2)

(3)

(a)

(b)

(For Imported Goods)

(For Export Goods)

1.

Australian Dollar

52.60

50.25

2.

Bahrain Dinar

183.40

171.65

3.

Canadian Dollar

52.80

50.90

4.

Chinese Yuan

10.65

10.30

5.

Danish Kroner

10.80

10.40

6.

EURO

80.55

77.55

7.

Hong Kong Dollar

8.70

8.40

8.

Kuwait Dinar

229.25

214.40

9.

New Zealand Dollar

48.50

46.30

10.

Norwegian Kroner

8.45

8.15

11.

Pound Sterling

91.60

88.30

12.

Qatari Riyal

19.00

17.95

13.

Saudi Arabian Riyal

18.45

17.30

14.

Singapore Dollar

51.10

49.55

15.

South African Rand

5.15*

4.80*

16.

Swedish Kroner

7.80

7.55

17.

Swiss Franc

69.40

66.65

18.

UAE Dirham

18.85

17.65

19.

US Dollar

67.85

66.15

 

Schedule-II

SNo.

Foreign Currency

Rate of exchange of 100 units of foreign currency equivalent to Indian rupees

(1)

(2)

(3)

(a)

(b)

(For Imported Goods)

(For Export Goods)

1.

Japanese Yen

62.10

59.75

*w.e.f. 19.06.2018

[F.No.468/01/2018-Cus.V]

 

 

 

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Last Updated on 21-06-2018