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What's New...
DGFT Tightens Procedure for Recovery of Penalty on FTDR
Violation Cases
Partial Crediting of RE Bond in ICES
Toor Import
Quota Applications Invited, Last Date 15 July
Additional Quota of 2 lakh Tonnes
for Toor Import Released
No Advance Authorisation
Allowed for Import of Pulses or Peas under Restricted List Allowed
Maize Import Quota for 4 lakh MT Released
SION for Walnut Kernel Released with 50 percent Wastage
Allowance
Last Date for Intimation of Switchover to Alternate
Composition Scheme Extended to 31 July 2019
Export Duty Cut to 40% from 60% on Hides, Skins and
Leathers – East India Tanned Leather Cut to Nil from 15%
Track and Trace for Pharma Exports further Extended upto 1 April 2020 from 1 July 2019
Gold Import Tariff Value Released in New Format, Gold
Tariff Value Shoots up to $451 per 10 gms
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Rumours of Changeover to Transaction Value Prove False
DGFT Invites Suggestions on Foreign Trade Policy Review
Metal Scrap PSIA Validity Extended by Three Months to
30 Sept. 2019
· Radiation Scanning at Landing Ports Posited at
Alternatives to Checking at Load Ports
Foreign Liabilities and Assets Reporting Annual Return
Revised
Tariff Value of Palm Oil, Palmolein,
Gold and Silver, Brass Scrap, Areca Nuts and Poppy Seeds Notified
Clear Float Glass Sunset Review of Anti-dumping
Investigation – Questionnaire Response Time Extended to 9 July 2019
Joint Statement on BRICS Leaders’ Informal Meeting on
the margins of G20 Summit
Sharad Kumar Saraf Elected as New
FIEO President
WTO Azevędo Joins Prime
Minister Abe and other Leaders to Launch “Osaka Track” on the Digital Economy
WTO to Launch World Cotton Day on 7 Oct for the
Cotton-4 of West Africa (Benin, Burkina Faso, Chad and Mali)
WTO Debates TBT
New Minister Removes Restriction on Seeds of Peas, Only
Plant Quarantine Order to be Followed
Transport and Marketing Assistance (TMA)
Agro Products – Exports from or of SEZ/EOU/FTWZ made Eligible for TMA
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Transport and Marketing Assistance for Agri Product for East Africa Allowed at Rs. 21000 per Reefer
Radiation Monitors Installation for Un-shredded Scrap
at Designated Ports Extended by Three More Months to 30 September 2019
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Inspection of each and every container at Entry Port
through X-ray Scanner Impossible, Load Port Inspection more Efficient and
less Costing
No More Multiple Deficiency Letters, Orders DGFT, All
Deficiencies should be Pointed Out in One Go
Tariff Value of Gold Raised by $22 per 10 gram
Pay Service Tax and Excise Arrears through ICEGATE
E-Payment Window from 1 July 2019
Anti-Subsidy
Duty of 9.12% to 17.57% on Truck and Bus Tyres from
China Notified
·
China Tyres already on
Anti-dumping Duty of 55%, both Duties to Operate at Same Time
·
China already Shifted Tyre
Factories to Thailand!
Ductile Iron Pipes (DI Pipes) from China Anti-dumping
Duty Extended to 9 Oct 2019 Pending Review
Paracetamol of Chinese Origin Anti-dumping Duty
Extended to 9 July 2019 from 24 June 2019 Pending Court Orders
Digital Offset Printing Plates Anti-dumping
Investigation – Questionnaire Response Time Extended to 10 July 2019
WTO Report Shows Trade Restrictions among G20
Continuing at Historic High Levels
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Released
on 9 July 2019
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BIG’s Easy Reference Vol. I
Customs Tariff
With IGST, Import Policy, FTAs
43rd
Budget Edition
July 2019
Author: Arun Goyal
ISBN: 978-81-86234-67-9
Rs. 2190
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BIG’s
Easy Reference Vol. II
Foreign Trade
Policy
3rd
Budget Edition July 2019
Author: Arun Goyal
ISBN: 978-81-86234-68-6
Rs. 1250
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BIG’s
Easy Reference Val. III
Customs Manual
July 2019
Author: Arun Goyal
ISBN: 978-81-86234-65-5
Rs. 850
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