Daily Index of Changes

Year 2013

DINDEX Code

Topics

Notification No./Date/Source

1891

Remote Control Classified in heading 8543 70, when Separately Imported

01-CBEC/01.01.2013

1892

Replacement of Fixed Deposit Receipts with a BG Allowed for Mega and Ultra Mega Power Projects

02-CBEC/01.01.2013

1894

Revenue Secretary Threatens Crack Down on Customs, Excise and Service Tax Evaders with Prosecution and Arrest as Revenue Collections Crash

PIB (MoF) Press Release dated 2 January 2013

1895

Excise Recovery Procedure to be Activated within 30 to 90 Days where no Stay is Applied for or Granted

967-CBEC/01.01.2013

1896

CBEC Order CCTV in Customs Area for Security and Unauthorize Access

03-CBEC/01.01.2013

1897

No Service Tax Leviable on Reminder Letters Issued for Insurance Policies Premium to Policy Holders

166-ST/01.01.2013

1898

Milk Covered in Foodstuff for Service Tax Exemption

167-ST/01.01.2013

1905

Rupee Rises to Rs. 54.85 for Customs Valuation on Imports w.e.f. 4 January 2013

01-Cus(NT)/03.01.2013

1906

Cotton Exports to Pak

DGFT Relaxes Cotton Export Procedure for Pak due to Congestion at Wagah Border

12-Pol.Cir/03.01.2013

1907

DGFT Withdraws Circulars for Testing of Samples of Basmati Rice for Variety Identification

11-Pol.Cir/03.01.2013

1908

Export of Grapes, Groundnuts and their Products Requires APEDA Registration

28-Ntfn(RE)/03.01.2013

1909

FIEO Opens Three Additional Chapter Offices in Raj, Kerala and Jharkhand

44-PN(RE)/02.01.2013

1910

Amendments in Different Forms of Silver SION to Give Uniformity

43-PN(RE)/02.01.2013

1911

RBI Revises Softex Procedures for Large Exporters – STPI or SEZ/EPZ/EOU or DTA to Certify Revised Excel Sheets

66-RBI/01.01.2013

1912

Specific Safeguard Duty of 20% Imposed on Stainless Steel HR Flats on Account of “Market Disruption”

01-SG/04.01.2013

1913

Ahmedabad Excise Intelligence Recovers Rs. 100 crs, Detects Another Rs. 300 crs

DGCEI Ahmedabad Press Note dated 4th January 2013

1914

Rupee Forecast to Rise to Rs. 50 per Dollar on Forex Inflows

ABS News Service

1915

Proof of Address Rules Streamlined to Speed up Money Transfer in PML Cases

67 and 68 RBI Circular dated 02.01.2013

1916

Cold Weather to Boost India Wheat to Record for Seventh Year

ABS News Service

1917

Malaysia Exports Rebounded in November on Electronics, Petroleum

ABS News Service

1918

Iron Ore Seen Set for Bear Market After Restocking Rally Fades

ABS News Service

1919

Gold Little Changed After Rising Most in a Week on China Demand

ABS News Service

1920

World Prices of Food and Sugar Fall, Metals Rose in Dec 2012

World Bank Pink Sheet

1921

No DGFT Registration for Pharma Grade and Specialty Sugar Exports

29-Ntfn(RE)/11.01.2013

1922

Chennai Excise Intelligence Claims Recovers Rs. 76.88 crs, Detects Another Rs. 362 crs

DGCEI, Chennai Press Note dated 9th January 2013

1923

Second Hand Machineries Import not Allowed under Government Route FDI

74-RBI/10.01.2013

1924

RBI Advises FINnet Gateway ‘go-live’ from 20 October 2012 – Reports in CD Format Treated as Invalid by FIU-IND

73-RBI/10.01.2013

1925

Authorised Persons Requires to ‘Go-Live’ from 20 October 2012 for Submitting Suspicious Transaction Reports (STR)

72-RBI/10.01.2013

1926

FATF Statement dated 19 October 2012

71-RBI/10.01.2013

1927

FATF Updated Statement on Improving Global AML/CFT Compliance

70-RBI/10.01.2013

1928

RBI Enhances ECB Limit for NBFC-IFCs under Automatic Route to 75% from 50% Owned Funds

69-RBI/07.01.2013

1929

Dollar Exports Fall 1.9% in December 2012, Imports Gain 6.3%

PIB (MoC&I) Press Release dated 11th January 2013

1930

14 FDI Proposals Amounting to Rs. 1310.60 crs Approved by FIPB

PIB (MoF) Press Release dated 11th January 2013

1931

Japan Unveils 10.3tn Yen Fiscal Stimulus

ABS News Service

1932

Disposal of Firearms after 10 Years of Import Allowed in Baggage Cases under Transfer of Residence (TR)

04-CBEC/15.01.2013

1933

India Cries Off from Plurilaterals

Loses Future Options in Trade?

ABS News Service

1934

India, South Africa agree for Early Finalisation of India-SACU PTA Negotiations

India’s Concerns on Market Access to Bovine Meat

PIB(MoC&I) Press Release dated 14 January 2013

1935

Major Recommendations of Expert Committee on GAAR Accepted

ABS News Service

1936

Gold Extends Gain on U.S. Debt Concern; Platinum at 3-Month High

ABS News Service

1937

Palm Oil Advances as Soybeans Jump Most in Six Months on Supply

ABS News Service

1938

Swap Facility for Expansion of Export Credit in Foreign Currency

RBI Press Release dated 14 January 2013

1939

Drawback Cap of Rs. 1344 and Rs. 2688 Notified on High Alumina Bricks and Magnesite Carbon Bricks

04-Cus(NT)/15.01.2013

1940

Tariff Value

Gold and Silver Up by US$31/10 gms and US$20/kg; RBD Palmolein US$28/MT

03-Cus(NT)/15.01.2013

1941

China Defends Export Data after Economists’ Skepticism

ABS News Service

1942

World Bank Cuts Growth Forecasts as Developed Nations Lose Steam

ABS News Service

1943

Copper Advances First Time in Four Days on Global Recovery Bets

ABS News Service

1944

Tariff Value System of Edible Oils Abolished

PIB (MoF) Press Release dated 17 January 2013

1945

Rupee Falls to Rs. 55.25 for Customs Valuation on Imports w.e.f 18 Jan 2013

05-Cus(NT)/17.01.2013

1946

Cabinet Approves Export of Processed and Value Added Agricultural Products even Cases of Restricted Primary Goods

PIB (MoC&I) dated 17 January 2013

1947

Customs and Excise Duty on Gold from Ore to Bars Raised by 2%

·      Basic up to 6% from 4%, CVD 4% from 2%

·      Platinum Rises by 2%

·      Silver Unchanged

Ntfn 01/21.01.2013 and 01-CE/21.01.2013

1948

Addl. DGFT Mumbai Issues Check List for Application of EPCG Authorisation

19-TN/11.01.2013

1949

FEMA Violation by ADs in ECB Cases

76-RBI/17.01.2013

1950

Export Credit of US$20mn to Nigerian Eximp Bank

77-RBI/18.01.2013

1951

Export Credit of US$37.90mn to Swaziland for Agriculture Development

75-RBI/15.01.2013

1952

DGAD Issues Preliminary Findings on Meta Phenylene Diamine from China on 1 January 2013

No.14/4/2012-DGAD dated 1st January 2013

1953

ECB Facility for Hotel Sectors – AD may Certify Project Cost

78-RBI/21.01.2013

1954

EEFC Account Holders Permitted to Access Forex Market for Purchasing Forex Exchange only after Utilizing Available Balances in EEFC Account

79-RBI/22.01.2013

1955

Pulse Imports for PDS Resumes

PIB (Min of Consumer Affairs, Food & Public Distribution) Press Release dated 22 January 2013

1956

Revenue Heads of BRICS Meet in Delhi

ABS News Service

1957

Agri Negotiations Push Forward at WTO

New Data on TRQ, Food Security

ABS News Service

1958

China Anti-dumping Duties on Steel WTO - Illegal, Japan says

ABS News Service

1959

US Challenges Indonesia Import Restrictions on Horticultural, Animal Products

ABS News Service

1960

Vietnam Shrimp Industry Faces Continued Hurdles

ABS News Service

1961

US-EU Plans Trade Pow Wow

ABS News Service

1962

New Uniform Rules for Forfaiting (URF) Comes into Effect on 1 Jan 2013

ICC Paris 7 January 2013

1963

Gold Swings Near One-Month High Before U.S. Vote on Debt

ABS News Service

1964

Customs Duty on Both Crude and Edible Grades Oils Hiked to 2.5% from Nil

·      Near Doubling of Tariff Value to Market Value

·      Total Impact 5% plus on Invoice Value

·      Our Calculations Show Government to Raise Rs. 2300 crs Customs Revenue on 2011-12 base of Rs. 46,451 crs Import of Vegetable Oils

Ntfn 02/23.01.2013 and
08-Cus(NT)/23.01.2013

1965

EHTPs and STPs can File Application to Jurisdictional RAs for Grant of Status Certificate

45-PN(RE)/29.01.2013

1966

NRIs can Open Forex Vostro Accounts for Payments of Medical Treatment or Hotels Stay

81-RBI/24.01.2013

1967

FII Investments in Govt. Securities and Corporate Debt

80-RBI/24.01.2013

1968

No Automatic Conversion of any unsold Sugar Quantity into Levy Sugar

Ministry of Consumer Affairs, Food and Public Distribution, Directorate of Sugar dated 28th January, 2013

1969

ICRISAT Decodes Chana (Chickpea) Gene Sequence

PIB (MoA) Press Release dated 28th January 2013

1970

India-Bangladesh Sign Revised Extradition Treaty and the Revised Travel Arrangements (RTA) in Dhaka

PIB (MoHA) Press Release dated 28th January 2013

1971

FIPB Ok for 4 FDI Proposals Amounting to Rs. 280 crs

PIB (MoF) Press Release dated 28th January 2013

1972

Anti-Corruption CBI Raids Prompts Revenue Secretary Letter to CBDT/CBEC Chiefs

Office Memorandum (F.No. C.14014/2/2013-Vig) dated 23rd January 2013

1973

RBI Governor Announces Third Quarter Review of Monetary Policy 2012-13

Statement by Dr. D. Subbarao, Governor, Reserve Bank of India

RBI Press Release dated 29th January 2013

1974

Four WTO DG Hopefuls Meet Indian Minister at Davos

PIB (MoC&I) Press Release dated 24 January 2013

1975

EU in FTA with India, Canada

ABS News Service

1976

US-EU Trade Talks may Begin in Obama Second Term

ABS News Service

1977

Obama may Push Trans-Pacific Partnership

ABS News Service

1978

FIEO Hails Cut in Repo and CRR in Monetary Policy Revision

ABS News Service

1979

Cross Border Trade Calculations Cut US Trade Deficit with China

ABS News Service

1980

US Pushes Services Plurilateral

ABS News Service

1981

Comprehensive Minamata Mercury Treaty Opens for Oct 2013 Signature

ABS News Service

1982

Presidential Awards to 37 Officers of the Customs, Central Excise and ED

PIB (MoF) Press Release dated 24 January 2013

1983

Palm Oil Climbs as Malaysian Exports Seen Gaining on Zero Tax

ABS News Service

1984

Pascal Lamy Calls upon India to Team Up with US to Revive Doha

ABS News Service

1985

Facility for Clearance of Import of Gifts by Courier at IGI Airport

No Delay in the Clearance of Gift Parcels

PIB (Min of Finance) Press Release dated 31st January 2013

1986

Cabinet Approves Export of Edible Oils from DTA to SEZ Units

PIB (CCEA) Press Release dated 31st January 2013

1987

New Airport Terminal at Chennai Inaugurated

PIB Press Release dated 31 January 2013

1988

Revolving Bank Guarantee for Duty Free Gold Import Allowed to Established Exporters

DGEP Circular No. 30/2013-Cus dated 31 January 2013

1989

No Declaration for Reward Scheme Chapter 3 Benefits in Scheme Cases under Chapter 4-5 of FTP

13-Pol.Cir/31.01.2013

1990

DGFT Reintroduces Facility for Setting up of Pvt/Public Bonded Warehouses in SEZ/DTA for Diamonds, Gems and Precious Stones Following Return of Duty Regime

30-Ntfn(RE)/31.01.2013

1991

Corrections in VKGUY/FPS Products HS Codes

46-PN(RE)/31.01.2013

1992

DGFT Delhi Office Sets Deadlines for Users to Clear Deficiencies Letters

02-TN/21.01.2013

1993

Tariff Value Raises on All Palm Oils, Brass Scrap, Gold and Silver

16-Cus(NT)/31.01.2013

1994

Japanese Yen Exchange Rates for Customs Valuation w.e.f. 31 Jan 2013

17-Cus(NT)/31.01.2013

1995

R.K. Apparels Kolkata Booked for Rs. 150 Lakhs Cenvat

Anti-Evasion Unit Kolkata, Incident Report No. 01 dated 30th January 2013

1996

India's Trade Portal

ABS News Service

1997

Mauritius Teams Up with India in Textiles

ABS News Service

1998

Trade Ministers at Davos Press for “Meaningful Results” in Bali

Trade Ministers Suggest Easter Stocktaking

ABS News Service

1999

Four Argentina WTO Disputes Reach Panel Stage

ABS News Service

2000

European Commission Proposes Duties on Imports of US Biofuels

ABS News Service

2001

WTO Authorises Antigua to Move Forward on Retaliation in US Gambling Dispute

ABS News Service

2002

Weaker EU Farm Subsidy “Greening,” Re-coupling Proposed

ABS News Service

2003

EU, Latin American Countries Pledge to Boost Trade, Amid Underlying Tensions

ABS News Service

2004

Free Export of Processed and Value Added Agricultural Products where Primary Product is Restricted

31-Ntfn(RE)/04.02.2013

2005

Exemptions on Edible Oils Export

·      Castor Oil

·      Coconut Oil

·      DTA to EOU/SEZ

·      Minor Forest Produce

·      Peanut Butter

32-Ntfn(RE)/05.02.2013

2006

Deemed Export Benefits only for 111 Mega Power Projects Listed in DoR Notification List 32A of 49/2012

14-Pol.Cir/04.02.2013

2007

CBEC’s Strategic Plan for the Next Five Years

F.No.503/32/2007-PT.II dated 1st February 2013

2008

Anti-dumping Duty on Flexible Slabstock Polyol from USA, Japan and EU Extended upto 4 Feb 2014

01-ADD/04.02.2013

2009

CHAs Clearing 1984 Exam not Required to Clear 2004 Exam

06-CBEC/06.02.2013

2010

Amendments in CHA Licensing Regulations 2004 – Regulation 8(9) Omitted

19-Cus(NT)/06.02.2013

2011

FM Presents WCO Certificates to Revenue Officers

ABS News Service

2012

Ministry of Commerce Invites Suggestions from Public on Plastic Scrap in SEZs

ABS News Service

2013

Scope of Post Export EPCG Duty Credit Curtailed to only Basic Duty

·      CVD Covered only by CENVAT

·      Exemption of CVD only in Normal Pre Export EPCG Cases

·      Corresponding Customs Notification in Post Export EPCG Scheme Awaited

33-Ntfn(RE)/08.02.2013

2014

Amendments in Post Export EPCG Duty Credit Scrip(s) Procedures

48-PN(RE)/08.02.2013

2015

Rupee Gains to Rs. 53.50 for Customs Valuation on Imports w.e.f. 8 Feb 2013

20-Cus(NT)/07.02.2013

2016

Linen Dyed Fabrics SION Notified

47-PN(RE)/08.02.2013

2017

Stone Aggregates to Maldives Stopped as India Retaliates in GMR Airport Case

34-Ntfn(RE)/08.02.2013

2018

World Prices of Food and Sugar Fall, Energy and Metals Rise in Jan 2013

World Bank

2019

US Taking India at WTO on Solar Panel Products on Local Value Add and Subsidies

ABS News Service

2020

Russia-Japan Meat Trade Policies Highlight Food Safety Issues

ABS News Service

2021

21 Good Friends Move Forward in Plurilateral Services Accord at WTO

ABS News Service

2022

WTO, WHO, WIPO Examine Intersection of Public Health, Intellectual Property, Trade

ABS News Service

2023

Nine Vie for WTO DG

ABS News Service

2024

Tajikistan to Become 159th WTO Member

ABS News Service

2025

China Eclipses U.S. as Biggest Goods Trading Nation

ABS News Service

2026

Russia is World No. 1 in Gold Import

ABS News Service

2027

Import of Catalyst for One Subsequent Charge under EPCG Allowed

Ntfn 03/13.02.2013

2028

Pesticides (Biocides/Fungicides/Herbicides/Insecticides Inputs Deleted from Raw Cotton SION J373

49-PN(RE)/13.02.2013

2029

Tariff Value of Palm and Palmolein Oils Raised by US$33-42/MT

Gold and Silver Tariff Value Down by US$10/10 gm and US$15/kg Respectively

21-Cus(NT)/15.02.2013

2030

Bangladeshis Can Open NRO Account in India

82-RBI/11.02.2013

2031

Loksan, Nagarkata and Kulkuli LCS Notified for Import of Ginger, Orange and Cardamom

18-Cus(NT)/31.01.2013

2032

Namkhana as LCS on India-Bangladesh Denotified

06-Cus(NT)/17.01.2013

2033

Circular No. 30/2013-Cus Renumbered as Circular No. 5/2013-Cus

05-DGEP Cir./06.02.2013

2034

Visakhapatnam Airport Notified for Export Promotion – 31 Notifications Amend to Take this Effect by Ntfn 04 dated 14 Feb 2013

Ntfn 04/14.02.2013

2035

Pujari Report on Diamond Trade Released

ABS News Service

2036

Revised Food Security Bill to be Placed in the Parliament During Budget Session

PIB (Ministry of Consumer Affairs, Food & Public Distribution) Press Release dated 13th February 2013

2037

Marginal Gain in Dollar Exports in Jan 2013, Imports Up by 6%

PIB (MoC&I) Press Release dated 13th February 2013

2038

India, France Expect to Conclude India-EU BTIA by Summer 2013

ABS News Service

2039

Revenue Scrounges for Collections Lose Buoyancy, Excise at 14% in the Offing

ABS News Service

2040

Dept of Revenue Releases Post Export EPCG Duty Credit Scrip after Announcement of Nine Months

DGFT Agrees to Remove CVD from Scope of Scrip

Customs 3% Duty Credit Scrip

Ntfn 06/18.02.2013

2041

Excise 3% Duty Credit Scrip

03-CE/18.02.2013

2042

Customs Zero Duty Credit Scrip

Ntfn 05/18.02.2013

2043

Excise Zero Duty Credit Scrip

02-CE/18.02.2013

2044

Budget 2013-2014 Circular from TRU, Department of Revenue

CBEC

2045

Seeks to amend notification No. 69/2004-Customs, dated the 9th July, 2004, so as to review the existing entries therein and make necessary changes.

09/01.03.2013

2046

Seeks to amend notification No. 75/2005-Customs, dated the 22nd July, 2005 so as to make editorial changes in column (2) of S. No. 118, to align it with HS 2012.

10/01.03.2013

2047

Seeks to amend notification No. 9/2012-Customs, dated the 9th March, 2012, so as to revise the variation limit in respect to height and circumference in case of reimport of cut and polished diamond.

11/01.03.2013

2048

Seeks to amend notification No. 12/2012-Customs, dated the 17th March, 2012, so as to make necessary changes in the specified entries therein.

12/01.03.2013

2049

Seeks to rescind the notifications No. 19/2012-Customs, dated the 17th March, 2012, and No. 20/2012-Customs, dated the 17th March, 2012.

13/01.03.2013

2050

Seeks to amend notification No. 146/94-Customs, dated the 13th July, 1994, so as to exempt “Trophy” when imported into India by the National Sports Federation or any other registered sports body, for being awarded to the winning team in the international tournament to be held in India.

14/01.03.2013

2051

Seeks to amend notification No.27/2011-Customs, dated the 1st March, 2011, so as to specify effective rates of export duty on specified goods.

15/01.03.2013

2052

Seeks to further amend notification No. 30/98-Customs (N.T.), dated 2nd June, 1998, so as to raise the value limit of Jewellery allowed duty free to an Indian passengers who has been residing abroad for more than one year.

25-Cus(NT)/01.03.2013

2053

Seeks to amend notification No. 17/2007- CE, dated the 1st March, 2007 so as to increase the compound levy rate of duty for Stainless pattis/pattas from Rupees Thirty Thousand to Rupees Forty Thousand per cold rolling machine, per month.

05-CE/01.03.2013

2054

Seeks to rescind notification No. 20/2011- CE, dated the 24th March, 2011 relating to 1% excise duty on Mobile handsets including Cellular phones.

06-CE/01.03.2013

2055

Seeks to provide exemption to intermediate goods captively consumed in the manufacture of goods by units availing Area Based Exemption in the State of Himachal Pradesh and Uttarakhand.

07-CE/01.03.2013

2056

Seeks to amend notification No. 7/2012- CE, dated the 17th March, 2012, so as to prescribe 6% rate of excise duty to branded readymade garments and made ups of cotton, not containing any other textile materials.

08-CE/01.03.2013

2057

Seeks to amend notification No. 1/2011- CE, dated the 1st March, 2011, so as to omit the entry relating to specified goods.

09-CE/01.03.2013

2058

Seeks to amend notification No. 2/2011-CE, dated the 1st March, 2011, so as to omit the entry relating to handmade carpets and other carpets and floor coverings of Jute and Coir.

10-CE/01.03.2013

2059

Seeks to amend notification No.30/2004-CE, dated the 9th July, 2004, so as to provide ‘zero excise duty route’ to branded ready- made garments and made-ups.

11-CE/01.03.2013

2060

Seeks to amend notification No. 12/2012 – CE, dated the 17th March, 2012, so as to make necessary amendments in the specified entries thererin.

12-CE/01.03.2013

2061

Seeks to amend notification No. 49/2008- CE (N.T.), dated the 24th December, 2008, so as to prescribe MRP based assessment with 35% abatement thereon, for branded medicaments used in Ayurvedic, Unani, Sidha, Homeopathic or Bio-Chemic systems and to align the tariff lines relating to Pressure Cooker with HS 2012.

01-CE(NT)/01.03.2013

2062

Seeks to further amend the notification No. 04/2002-CE (N.T.), dated 1st March, 2002 so as to make provision for interest on refund, subject to sub-rule (6), arising out of an order of final assessment under sub-rule (3) of rule 7 of the Central Excise Rules, 2002.

02-CE(NT)/01.03.2013

2063

Seeks to amend the notification No. 23/2004-CE (N.T.), dated 10th September, 2004, so as to provide a mode of recovery of CENVAT credit wrongly taken, under the CENVAT Credit Rules, 2004.

03-CE(NT)/01.03.2013

2064

Seeks to notify “the resident public limited company” as a class of persons under the sub-clause (iii) of clause (c) of section 23A of Central Excise Act, 1944.

04-CE(NT)/01.03.2013

2065

Second Hand Capital Goods and Second Hand Goods Policy Clarified

35-Ntfn(RE)/28.02.2013

2066

Handbook of Procedures on Import of Second Hand Capital Goods Deleted Following Amendments of Para 2.17 in FTP

50-PN(RE)/28.02.2013

2067

Used Rails Import Allowed subject to Pre Inspection Condition

36-Ntfn(RE)/28.02.2013

2068

Focus Product Benefit of 5% to Set Top Box

51-PN(RE)/05.03.2013

2069

Stainless Steel HR Flats Safeguard Final Findings Extended upto 25 May 2013

24-Cus(NT)/26.02.2013

2070

Afghanistan Included in SAFTA Rules of Origin

27-Cus(NT)/01.03.2013

2071

Bank Guarantee Only where Penalty Imposed at Last Stage of Adjudication

08-CBEC/04.03.2013

2072

Tariff Value Down on Gold (US$ 14/10 gm) and Silver (US$ 59/kg)

Tariff Value on Palm Oils and Brass Scrap Raised

26-Cus(NT)/01.03.2013

2073

Form ST-3 for Service Tax Amended

01-ST/22.02.2013

2074

Central Bureau of Narcotics Rajasthan Seizures 4.500 kgs of Opium

Central Bureau of Narcotics, Rajasthan Press Note dated 4th March 2013

2075

Enforcement Affected Parties Allowed ECB

87-RBI/05.03.2013

2076

Guidelines for Forex Exposure Limits of Authorised Dealers Category-I

86-RBI/01.03.2013

2077

RBI Extends RDAs under Speed Remittance Procedure to Exchange Houses Situated in All Countries which are FATF Compliant

85-RBI/28.02.2013

2078

KYC Norms under Prevention of Money Laundering Act, 2002

84-RBI/22.02.2013

2079

Rupee Falls to Rs. 55.15 for Customs Valuation on Imports w.e.f 8 March 2013

28-Cus(NT)/07.03.2013

2080

CBEC Explanation on Post Export EPCG Duty Credit Scrip(s) Scheme – Commissioner to Check 10% Cases Randomly for Misuse

10-CBEC/06.03.2013

2081

Diamond Trading Hubs in Customs Bonded Warehouses

11-CBEC/06.03.2013

2082

Chennai DGCEI Recovers Rs. 100 crores from Excise Duty and Service Tax Evaders

DGCEI Chennai, Chennai Press Note dated 7 March 2013

2083

Plurilateral IT Talks May Conclude by Dec Bali Ministerial

ABS News Service

2084

GPA Implementation in Bali

ABS News Service

2085

WTO Members Discuss LDC Extension Proposal

ABS News Service

2086

Solar Glass Spat Renews EU-China Trade Tensions

ABS News Service

2087

Tobacco Plain Packaging Debate Heats Up Again

ABS News Service

2088

Food Stockholding Talks Intensify as Unofficial Deadline Looms

ABS News Service

2089

Exporters Allowed to Write Off 10% of Outstanding in 7 Cases subject to 4 Conditions in “Self Write-off” RBI Relaxation

88-RBI/12.03.2013

2090

Amendments in SCOMET List

37-Ntfn(RE)/14.03.2013

2091

SEBI Permits Maintenance of Collateral by FIIs for Transactions in the Cash and F&O Segments

90-RBI/14.03.2013

2092

RBI Issues Revised Guidelines for Money Transfer Service Scheme

89-RBI/12.03.2013

2093

Ojhar (Mah) Airport Notified for Defence Personnel Baggage Loading and Unloading

29-Cus(NT)/11.03.2013

2094

Pak Bags GC Chair at WTO

ABS News Service

2095

India to Replace Iran Oil Following US Pressure

ABS News Service

2096

Budget 2013 and Textiles

ABS News Service

2097

Customs and Excise Offices to be Opened on 29-30-31 as a Special Case to Provide Services in Holiday Week 25 to 31 March 2013

F.No. 296/42/2013-CX.9 dated 15th March 2013

2098

No Deemed Exports Excise Duty (TED) in Exemption Cases

16-Pol.Cir/15.03.2013

2099

Tariff Value on Brass Scrap Down by US$102/MT, Palmolein US$40/MT and Crude Soyabean Oil US$55/MT

30-Cus(NT)/15.03.2013

3000

Copyright Registration Fee Raised Ten Times with Rs. 500 Minimum

Ministry of Human Resource Development, PIB Press Release dated 18th March 2013

3001

Rupee Gains to Rs. 54.95 for Customs Valuation on Imports w.e.f. 22 March 2013

31-Cus(NT)/21.03.2013

3002

Safety Standards and Compulsory Registration for Imports of 15 Electronics Products Extended by 3 months to 3 July 2013

Compounding Fee to Cover Six Months Transaction Period Till 30 Oct for Registration Time

Department of Electronics and Information Technology (DeitY) Notification dated 20 March 2013

3003

New Foreign Trade Policy on 4 or 5 April

Sharma Calls for New Market Penetration

PIB (MoC&I) Press Release dated 22 March 2013

3004

WTO Plans Bali Pack Around Trade Facilitation, Food Security and LDC

ABS News Service

3005

Japan Joins 11 in TPP Trade Talk Support Monetary Easing and Fiscal Stimulus Actions

ABS News Service

3006

Atomic Energy Substances Export under Atomic Energy Act, 1962 and 18 January 2006 Notification

PIB (Department of Atomic Energy) Press Release dated 20th March 2013

3007

Copper Concentrates

PIB (Department of Atomic Energy) Press Release dated 20th March 2013

3008

Provisional Anti-dumping Duty Imposed on Meta Phenylene Diamine from China

02-ADD/22.03.2013

3009

Another Five Years of Anti-Dumping Duty on Flat Base Steel Wheels from China

03-ADD/26.03.2013

3010

Zero Duty Pulses Import Extended Upto 1 April 2014

Ntfn 18/26.03.2013

3011

Prohibition on Export of Pulses (Except Kabuli Chana) Extended by One More Year to 31 March 2014

38-Ntfn(RE)/25.03.2013

3012

10,000 MTs of Organic Edible Oils Export Permitted

39-Ntfn(RE)/25.03.2013

3013

Zero Customs Duty for Air-to-Air Missile ASTRA Project of Defence Ministry

Ntfn 16/25.03.2013

3014

Zero Excise Duty for Air-to-Air Missile ASTRA Project of Defence Ministry

13-CE/25.03.2013

3015

Indo-Japan CEPA Concessional Duty on 806 Items Slashed to 0.5%-9% - Effective from 1 April 2013

Ntfn 17/26.03.2013

3016

BRICS Seek to Cement Position in Global Economic Landscape

ABS News Service

3017

Central Board of Excise and Customs (CBEC) Offices to Remain open on 29th, 30th & 31stmarch, 2013

PIB (MoF) Press Release dated 28th March 2013

3018

India and Liechtenstein Sign Tax Information Exchange Agreement (TIEA)

PIB Press Release dated 28th March 2013

3019

FTP Pushed Back by Two Weeks to Third Week of April as Ministries of Commerce and Finance Talk

PIB (MoC&I) Press Release dated 2nd April 2013

3020

24x7 Customs Clearance for Perishable Agri Exports, No Examination at Customs Gate in Normal Cases

12-CBEC/02.04.2013

3021

Only Common Boundary Land in Adjoining Plot can be used for Expansion in Zero Excise Zones

968-CBEC/01.04.2013

3022

Tariff Value of RBD Palmolein and Silver Down

Gold Tariff Value Up by US$5 per 10 gms

32-Cus(NT)/28.03.2013

3023

Five New Pre-shipment Agencies Notified

52-PN(RE)/28.03.2013

3024

RBI Merges Broadbands FII Debt Categories

94-RBI/01.04.2013

3025

Export Credit of US$15mn to Benin

93-RBI/01.04.2013

3026

Export Credit of US$5mn to Cuba

92-RBI/01.04.2013

3027

Export Credit of US$42mn to Cameroon

91-RBI/01.04.2013

3028

Rupee Gains to Rs. 54.90 for Customs Valuation on Imports w.e.f. 5 April 2013

35-Cus(NT)/04.04.2013

3029

G.S. Sarna Appointed as DG China Specific Safeguards and General Safeguards

33-Cus(NT)/02.04.2013; 34-Cus(NT)/02.04.2013

3030

Kattupalli (TN) Sea Port Notified for Export Promotion

Ntfn 20/03.04.2013

3031

Yemen Included in LDC List

Ntfn 19/02.04.2013

3032

Counter Timings for Submission of Applications at Addl. DGFT Mumbai

20-TN/18.03.2013

3033

Service Tax Crackdown on Oil Exploration Services, L&T Sub-contractors

PIB (MoF) Press Release dated 4th April 2013

3034

Signal Convertors for Sat Broadcasts (LNB Convertors) Fall in Electrical Machines nes under 8543 70 and not 8525 or 8529

13-CBEC/05.04.2013

3035

JS (DBK) Tells Officers not to Stop Summoning Exporters for Bank Realization, Advices “Rely upon Documentation”

CBEC Instruction/04.04.2013

3036

World Prices of Energy, Food and Metals Fall in March 2013

World Bank

3037

Implementation of Bar Coding on Drugs and Pharma Export Consignments Postponed to 1 July 2014

54-PN(RE)/05.04.2013

3038

8587 MTs Quota Sugar to USA through ISGEC Released

53-PN(RE)/05.04.2013

3039

Rupee Value under Indo-USSR Deferred Payment Protocol Revised to Rs. 73.141761 per Rouble from 18 March 2013

95-RBI/04.04.2013

3040

Sale of Indian Rupees to Foreign Tourists Against International Credit Cards Allowed

96-RBI/05.04.2013

3041

Chennai DGCEI Claims Rs. 126 Crores Recovered from Excise and Service Tax Evaders During the FY 2012-13

DGCEI Press Note dated 4th April 2013

3042

Two Pet Animals with Health Certificate only in TR Cases

15-CBEC/08.04.2013

3043

Seconds of Hot Dipped GI Sheets/Coils not Permitted for Import – IS: 227 Covers All Forms of Hot Dipped GI Sheets, Electro GI Sheets not in Hit List

14-CBEC/05.04.2013

3044

BIS Certificate Mandatory for Universal Beam and Angle (L Section) Structural Steel w.e.f. 31 March 2013

Ministry of Steel Order dated 21st March 2013

3045

Steel Products QC Order Implementation Extended to 1 Oct 2013 for Sensitive Goods

Ministry of Steel Order dated 28th March 2013

3046

Anand Sharma Defends IP Flexibility in India at WIPO

India Accedes to Madrid Protocol for Trade Mark Registration the World Over with One Application

PIB (MoC&I) Press Release dated 8th April 2013

3047

Iran Turns to Gas Exports to Pak and Turkey

ABS News Service

3048

DGCEI Claims Rs. 100 crs Fraud Cenvat Credit Detection in Ship Scrap Cases

Dealer-Re-rolling Mill-Furnace Unit Nexus Alleged

PIB (MoF) Press Release dated 8th April 2013

3049

ITA Expansion Talks Aim for Final Product List by July

ABS News Service

3050

Kazakhstan WTO Accession in Bali Ministerial

ABS News Service

3051

World Trade Crashes by 60% in 2012, Grows only 2% Compared to 5.2% in 2011

·      Weak Europe Pulls Demand Down

·      2013 Forecast 3.3% Based on US Growth

·      India Clocks Highest Fall of -3% in Exports and Largest Rise of 5% in Imports, Gains Three Ranks to Become 10th Largest Importer in the World

ABS News Service

3052

Minimum Volumes for Waiver of Customs Staff Cost Recovery Charges at Sea Ports, Air Cargo and Courier Terminals

16-CBEC/10.04.2013

3053

Steel Standard for Seconds of Hot Dipped Sheet is IS: 277 and not IS: 227

Corrigendum dated 10 April 2013 to 14-CBEC/05.04.2013

Corrigendum dated 10th April 2013

3054

Japanese Yen Exchanges Rate for Customs Valuation w.e.f 11 April 2013

36-Cus(NT)/10.04.2013

3055

Anand Sharma Demands Internal Balance in the Trade Facilitation Proposal

Calls for LDC Package as Part of Bali Ministerial

Meets Key WTO Ambassadors in Geneva

PIB (MoC&I) Press Release dated 9th April 2013

3056

Octagonal Steel Columns for Lamp Posts for Public Street Lighting are Steel Structures in 7308 90 90

17-CBEC/11.04.2013

3057

Anti-dumping Duty on Sulphur Black from China by One Year to 10 April 2014 Pending Review

05-ADD/10.04.2013

3058

Anti-dumping Duty on Sodium Nitrite from EU Extended by Another Year to 10 April 2014 Pending Review

04-ADD/10.04.2013

3059

Dept of Revenue Issues New CESTAT Appeal Forms for Excise, Customs and Service Tax – Effective from 1 June 2013

969-CBEC/11.04.2013

3060

New Form of Appeal in Customs Cases to the Appellate Tribunal – Form No. C.A.-5 Notified

37-Cus(NT)/10.04.2013

3061

New Form of Appeal in Excise Cases to the Appellate Tribunal – Form No. E.A.-5 Notified

06-CE(NT)/10.04.2013

3062

New Form of Appeal in Service Tax Cases to the Appellate Tribunal – Form No. S.T.-5 Notified

05-ST/10.04.2013

3063

Dept. of Revenue Extends the Date of Submission of Form ST-3 from 15 April 2013 to 30 April 2013

Service Tax Order No. 02/12.04.2013

3064

Import Credits upto 5 Years for Infrastructure Sector will Continue Till June 30, 2013

98-RBI/09.04.2013

3065

Export Credit of US$76.50mn to Malawi

97-RBI/09.04.2013

3066

Bank of Japan Monetary Plans Fuel Currency Debate

ABS News Service

3067

Japan TPP Bid Receives Green Light from Mexico

ABS News Service

3068

Tariff Value of Gold (US$22/10gm) and Silver (US$30/kg) Down

38-Cus(NT)/15.04.2013

3069

Another Five Years of Anti-dumping Duty on Plain Gypsum Plaster Boards from China, Indonesia, Thai and UAE

06-ADD/12.04.2013

3070

Service Tax Applicable on Pandal Erection

168-ST/15.04.2013

3071

Anti-dumping Investigation on Clear Float Glass from Pak, Saudi Arabia and UAE

Initiation Notification – No.14/25/2012-DGAD dated 11th April 2013

3072

Foreign Trade Policy Annual Supplement 2013 Announced on 18 April 2013

Highlights of Annual Supplement 2013 to FTP 2009-14

Speech by Indian Commerce Minister at the Release of Annual Supplement to FTP 2009-14 on 18 April 2013

dgft.gov.in

3073

DGFT Releases Notifications on FTP Detail

DGFT Issues New Chapter for Zero Duty EPCG under FTP 2013-14 - Provisions

 

01-Ntfn(RE)/18.04.2013

3074

DGFT Issues New Chapter for Zero Duty EPCG under FTP 2013-14 – Procedures

01-PN(RE)/18.04.2013

3075

Anti-dumping and Safeguard Duty Exemption to Advance Licence (DFIA) Available only Actual Users, No Exemption After Transfer

No Advance Authorizations for Energy Import

02-Ntfn(RE)/18.04.2013

3076

Incremental Exports Incentivisation Scheme (IEIS) for 2013-14

Amendments in Duty Credit Scrips to Chapter 3 of FTP

03-Ntfn(RE)/18.04.2013

3077

No TED Refund under Deemed Exports when ab initio Exemption Available

04-Ntfn(RE)/18.04.2013

3078

Cars Manufactured Prior to 1st Jan 1950 can be Imported Free Subject to Actual User Condition

05-Ntfn(RE)/18.04.2013

3079

ICD Faridabad and Ennore Port Notified for Import of New Vehicles

06-Ntfn(RE)/18.04.2013

3080

Clubbing of Advance Licences Issued between 1 April 2002 and 31 May 2012 Allowed

02-PN(RE)/18.04.2013

3081

VKGUY and FPS Insertions

03-PN(RE)/18.04.2013

3082

Validity of Zero Duty EPCG Authorisation Extended to 18 Months from 9 Months

04-PN(RE)/18.04.2013

3083

Sub Contracting for IT Units Allowed

05-PN(RE)/18.04.2013

3084

DGFT Invites Suggestions on ITC (HS) Coding from Stakeholders on Draft VKGUY, FPS and MLFPS

01-TN/18.04.2013

3085

Gold and Silver Tariff Value Down by US$50/10 gms and US$128/kg Respectively

39-Cus(NT)/17.04.2013

3086

Rupee Gains to Rs. 54.50 for Customs Valuation on Imports w.e.f 19 April 2013

40-Cus(NT)/18.04.2013

3087

Zero Duty Pre Export 2013-14 EPCG Customs Notification Notified

Ntfn 22/18.04.2013

3088

Zero Duty Post Export 2013-14 EPCG Duty Credit Scrip Notified

Ntfn 23/18.04.2013

3089

No Capital Goods Import under Zero Duty EPCG for Power Sector

07-Ntfn(RE)/18.04.2013

3090

Customs Notifications in Served from India Scheme, Agri Infrastructure, DFIA and Status Holders Incentive Scrip Amended to Align with FTP 2013-14

Ntfn 24/18.04.2013

3091

DGFT Extends Utilisation of 4% Re-credited SAD Till 30 September 2013 by Exporters

06-PN(RE)/18.04.2013

3092

Zero Duty Concessions Extended to 5 Handloom Materials and Sports Goods

Ntfn 21/18.04.2013

3093

Anti-dumping Duty on Barium from China – Corrections in Exporters Name

07-ADD/18.04.2013

3094

Another Five Years of Anti-dumping Duty on Soda Ash from Russia and Turkey – Final Findings

08-ADD/18.04.2013

3095

Service Tax Exemption on FMS Duty Credit Scrip under Sec 66B of Finance Act 1994

06-ST/18.04.2013

3096

Zero Service Tax on FPS Duty Credit Scrip under Sec 66B of Finance Act 1994

07-ST/18.04.2013

3097

Zero Service Tax on VKGUY Duty Credit Scrip under Sec 66B of the Finance Act 1994

08-ST/18.04.2013

3098

DGFT Gets Personal Hearing Powers as Last Stage Resort Authority to Redress Grievances in Move to Clear Bottlenecks

08-Ntfn(RE)/22.04.2013

3099

Domestic Procurement at Zero Excise Duty in Post Export 2013-14 EPCG Notified

14-CE/18.04.2013

4000

Nine Tariff Lines Import Restricted as Ozone Depleting Substances

09-Ntfn(RE)/22.04.2013

4001

Retreaded Tyres Policy Streamlined

10-Ntfn(RE)/22.04.2013

4002

Eicosapentaenoic Acid (EPA) and Docosaphexaenoic Acid (DHA) Content in Refined Fish Body Oil Standard Revised to not Less than 5% by Weight

11-Ntfn(RE)/22.04.2013

4003

Amendments in Served from India, AIIS and SHIS Schemes Excise Notifications

15-CE/18.04.2013

4004

Anand Sharma Launches 21 New Textiles Parks

PIB (Ministry of Textiles) Press Release dated 23rd April 2013

4005

Lok Sabha Passes Finance Bill without Debate

Press Note dated 30.04.2013

4006

Last date for ST-3 Return Filing for Q1 Extended to 31st August 2013 Pending Issue of New Form

Press Note dated 24.04.2013

4007

Last Date for Use of SAD Credited DEPB Extended to 30 Sept

Disposal of SAD Refund Cases Thru DEPB to be Cleared by 30 June

18-CBEC/29.04.2013

4008

Tariff Value of Gold Raised by US$23 per 10 gms

50-Cus(NT)/26.04.2013

4009

Anti-dumping Duty on Carbon Black Hiked in Review, Measure Valid till July 2014

09-ADD/26.04.2013

4010

RBI Extends Overseas Investment Facility in Oil Sectors by Navratna PSUs, OVL and OIL without any Limits under Automatic Route

99-RBI/23.04.2013

4011

RBI Clarification on Overseas Direct Investments

100-RBI/25.04.2013

4012

Rupee Falls to Rs. 54.65 for Customs Valuation on Imports w.e.f 3 May 2013

52-Cus(NT)/02.05.2013

4013

Tariff Value of Brass Scrap and Palm Oil Down

Gold and Silver Tariff Value Up by US$5/10 gms and US$26/kg Respectively

51-Cus(NT)/30.04.2013

4014

Liechtenstein First to Ratify Amendment to the WTO Agreement on Government Procurement

ABS News Service

4015

No Classification of Life Saving Medicine in DPCO

ABS News Service

4016

Lok Sabha Introduces National Food Security Bill Amendments

ABS News Service

4017

Verdyl Acetate SION Notified

07-PN(RE)/01.05.2013

4018

Cross Border Inward Remittance under Money Transfer Service Scheme

FATF Statement dated 22 Feb 2013

102-RBI/02.05.2013

4019

FATF Updated Statement on ‘Improving Global AML/CFT Compliance: On-going Process’

101-RBI/02.05.2013

4020

Chidambaram Asks for More ADB Funds for South Asia Cooperation

ABS News Service

4021

ICC Lays Out New Bank Payment Obligation Rules

ABS News Service

4022

India Calls Domestic Food Subsidy Margins in AoA Talks for Bali

ABS News Service

4023

Geneva Debates Energy Trade Rules

ABS News Service

4024

Ex Citi Banker Michael Froman for USTR

ABS News Service

4025

WIPO Conference on Genetic Resources to Discuss Draft Law

ABS News Service

4026

China Names Yuan Convertibility Plan as Goal This Year

ABS News Service

4027

April Sees Steep Fall in World Commodity Prices, Precious Metals Crash by 7.7%

World Bank

4028

Plastic Polymers Duty Up by 2.5% to 7.5%

Steel Scrap and Aluminium Scrap Duty Hiked 2.5%

Zero Duty on LNG and NG Import for Electrical Energy Generation

Ntfn 25/08.05.2013

4029

Spl CVD of 4% Exemption on Brass Scrap Withdrawn

Ntfn 26/08.05.2013

4030

Abatement for Cash Sales

09-ST/08.05.2013

4031

Anti-dumping Duty on Phenol from EU and Singapore Withdrawn, South Africa only Till 30 Oct 2013

10-ADD/03.05.2013

4032

SEZs Account for 29% in All Exports

PIB (MoC&I) Press Release dated 8th May 2013

4033

India-US to Spar on Steel, Poultry at WTO

PIB (MoC&I) Press Release dated 8th May 2013

4034

Excise Duty Slashed to Nil from 6% on Roofing Tiles and Bricks

·      Steel for Shipbuilding – Nil

·      Jaggery Powder – 6%

·      Flattened Bamboo Boards and Bamboo Flooring Tiles – 6%

16-CE/08.05.2013

4035

Sodium Dithionate (Hy-drose) Input under SION G-7 and G-46 Deleted

10-PN(RE)/07.05.2013

4036

Amyl Salicylate SION in Chemical Group Notified

09-PN(RE)/06.05.2013

4037

SION Verdyl Propionate in Chemical Group Notified

08-PN(RE)/06.05.2013

4038

Visvesvaraya Trade Promotion Centre Bangalore and its Two Branches Enlisted as Authorised Agencies for COO (Non Preferential)

11-PN(RE)/07.05.2013

4039

Two New Pre Shipment Inspection Agencies (PSIA) Notified

12-PN(RE)/08.05.2013

4040

Disposable Sterilized Dialyzer and Microbarrier for Filtering Blood Classified in 8421 2900

19-CBEC/09.05.2013

4041

Safeguard Duty Investigation on Jindal Pipe Case Initiated

Safeguard Initiation F.No. D-22011/17/2012 dated 22nd April 2013

4042

Deepak Nitrite Files for Safeguard Duty on Sodium Nitrite

Safeguards Initiation F.No. D-22011/03/2013 dated 17th April 2013

4043

RBI Says No Credit for Gold Import, Pay Cash

103-RBI/13.05.2013

4044

Specific Duty Floor on Cashew Kernel

Ntfn 27/10.05.2013

4045

Supari Minimum Price Hiked to Rs. 110 from Rs. 75 per kg

12-Ntfn(RE)/13.05.2013

4046

Dollar Exports Rise 1.68%, Imports 10.96% in April 2013

PIB (MoC&I) Press Release dated 13th May 2013

4047

Duty Evasion by Various Copper Pthalocyanine Crude (CPC) Blue Manufacturers Claims Ahmedabad DGCEI

DGCEI Ahmedabad Press Note dated 13th May 2013

4048

EU Plans Provisional Anti-Dumping Duties on Chinese Solar Panels

ABS News Service

4049

General Council Appoints Azevêdo as Next Director-General, Lamy Pledges Smooth Transition

ABS News Service

4050

WTO Appellate Body Rules against Canada in Renewable Energy Case

ABS News Service

4051

Cuba Lodges WTO Challenge on Australia Plain Packaging Rule

ABS News Service

4052

Ukraine Tops IP Offender List, while Canada and Israel Show Improvement

ABS News Service

4053

Bolivia, Ecuador Advance in Efforts to Join Mercosur

ABS News Service

4054

Tablet Computers Classified in 8471 30

20-CBEC/14.05.2013

4055

Service Tax Voluntary Compliance Encouragement Scheme 2013 Notified

10-ST/13.05.2013

4056

Argentina Files Against EU Biodiesel Case

ABS News Service

4057

Senators Urge Obama to Press Iran by Increased Sanctions

ABS News Service

4058

WTI Crude Declines as Fuel Demand Drops Amid Economic Weakness

ABS News Service

4059

Rupee Falls to Rs. 55.30 for Customs Valuation on Imports w.e.f. 17 May 2013

54-Cus(NT)/16.05.2013

4060

DGFT Notifies EPCH as Certifying Agency for Wood Procurement from Legal Sources

13-Ntfn(RE)/14.05.2013

4061

Oil Exploration Clarifications against Condition Nos. 41, 43 and 44 in 12/2012

·         Transfer of Exempted Goods from Project to Project Allowed

·         Re-export

·         Companies in Consortium can Import Individually

·         Sub-contractor Name in Essentiality Certificate Not Required

21-CBEC/16.05.2013

4062

Transfer of Exempted Goods from Project to Project Allowed

Ntfn 28/16.05.2013

4063

Tariff Value of Oil, Brass Scrap, Gold and Silver Fall as Global Prices Crash

53-Cus(NT)/15.05.2013

4064

DGFT Notifies Form ANF-3F for 2% Incremental Export Incentive Scheme

·      CA Certificate with Proofs of Payment, Landing Required

·      50 Europe, 41 Asia and USA as Destinations Listed for Q1 2013 Scheme

13-PN(RE)/17.05.2013

4065

Excise Free Goods on Sale in Duty Free Shops in India against Rs. 35K Baggage Allowance

·      Measure to Make Indian TVs Competitive with Bangkok and Singapore Baggage Goods

·      No Export Status, Only Excise Exemption to Supplies

19-CE/23.05.2013

18-CE/23.05.2013

07-CE(NT)/23.05.2013

08-CE(NT)/23.05.2013

09-CE(NT)/23.05.2013

4066

Zero Duty on Oil Cake/Oil Cake Meal Import upto 30 Sept 2013

Ntfn 30/21.05.2013

4067

Tariff Value of Gold Down by US$26 per 10 gms

55-Cus(NT)/21.05.2013

4068

Chief Commissioners to Ensure Monthly DTR to DGCIS

CBEC Instruction dated 21 May 2013

4069

Second Task Force on Transaction Cost under DGFT Pujari

Trade Notice 02/20.05.2013

4070

DGFT Liberalises Transfer/Sale of Weapons Imported by Shooters subject to NRAI Certification

Public Notice No. 14 (RE 2013)/2009-2014 dated 17 May 2013

4071

Anti-dumping Duty on Peroxosulphates Hiked in Review – Measure Valid for Five Years

Duty Shifted to Dollar per MT from Rupee per Kg

Notification No. 11 /2013-Customs (ADD) dated 16 May 2013

4072

Service Tax Exemption Applicable on FPS, FMS, VKGUY and SHIS under FTP 2009-14

Ref: Notification 29/2013-Customs dated 16 May 2013

4073

Amendments in Served from India, FMS, VKGUY and FPS Schemes Excise Notifications

17-Central Excise dated 16 May 2013

4074

Issue of Equity Share under FDI – Payment should be made by Foreign Investor to the Company Directly or through Bank

A.P. (DIR Series) Circular No. 104 dated May 17, 2013

4075

New Standards for Import of Bulk Drugs into EU - Legislation come into Force from 2 July 2013

Press Release dated 23 May 2013

4076

Software Export Realisation Period Cut to 9 months from 12 Months – Valid Till 30 Sept.2013

RBI Circular 105/20.05.2013

4077

Reporting for Liberalised Remittance Scheme

RBI Circular 106/23.05.2013

4078

Cosmetics Import Registration Rules w.e.f 31 March 2013

cdsco.nic.in

4079

Narcotics Controlled Substances

Notification dated 26 March 2013

4080

Two percent Rupee Export Credit Interest Rate Subvention Widened for 6 Textiles and 101 Engg Goods for the period 1 April 2013 to 31 March 2014

DBOD.Dir.BC.No.94/ 04.02.001/2012-13 dated 24 May 2013

4081

India, Iran Talk to Smooth Oil Flow, Remove Insurance Hurdle

ABS News Service

4082

EU-India Trade Talks Stumble

ABS News Service

4083

Trade Probe into China Telecoms May Be Imminent, EU Commission Warns

ABS News Service

4084

EU Considering Duties on Imports of Biodiesel from Indonesia, Argentina

ABS News Service

4085

Kituyi Next UNCTAD Head

ABS News Service

4086

EU-China Solar Row Escalates, Settlement Rumours Fly

ABS News Service

4087

COOL Compliance Deadline Renews Meat Labelling Debate

ABS News Service

4088

CBEC Issues Procedure for Excise Duty Free Shops against Rs. 35k Baggage Allowance

970-CBEC/23.05.2013

4089

RC Submission for Export of Cotton, Rice, Wheat and Sugar Online Mandatory from 1 July 2013

03-TN/28.05.2013

4090

Transhipment of Direct Goods Movement from Gateway Port to CFS Allowed

22-CBEC/24.05.2013

4091

DGFT Issues Clarifications on Deemed Export Benefits under Para 8.2(f) of FTP

01-Pol.Cir/29.05.2013

4092

Service Tax Voluntary Compliance Encouragement Scheme Clarifications

169-ST/13.05.2013

4093

Corrigendum dated 30 April 2013 to Ntfn 51-ADD/03.12.2012

Corrigendum/30.04.2013

4094

Loading and Unloading Goods at Madurai Airport

56-Cus(NT)/28.05.2013

4095

Food Security for Poor cannot be Compromised, Anand Sharma Tells WTO Chief

PIB (MoC&I) Press Release dated 30th May 2013

4096

Joint Statement on Prime Minister's Visit to Thailand on 30-31 May 2013

PIB (PM Office) Press Release dated 30th May 2013

4097

India Bans Luxury Goods Trade with North Korea, Updates Trade Restrictions

14-Ntfn(RE)/31.05.2013

4098

Tariff Value of Crude, RBD Palm Oil and Gold Up

Brass Scrap (US$51/MT) and Silver (US$24/kg) Tariff Value Down

57-Cus(NT)/31.05.2013

4099

Agri Bio Security Bill Proposed to Control Pesticide Trade

PIB (MoA) Press Release dated 3rd June 2013

4100

EU Slaps Dumping Duties on Biodiesel from Argentina, Indonesia

ABS News Service

4101

EU Parliament Says No to US Trade Talks

ABS News Service

4102

WTO Dispute Panel Established in Japan-China Steel Row

ABS News Service

4103

Pacific Alliance Inks Tariff Accord

ABS News Service

4104

Canada-EU Pact Possible By Summer, Officials Say

ABS News Service

4105

Rupee Trades Near 11-Month Low

ABS News Service

4106

Brent Crude Trades Below $100 as OPEC Maintains Output Target

ABS News Service

4107

European Commission Eyes Possible Investment Agreement with China

ABS News Service

4108

Gold Duty Hiked by 2%, Platinum also Falls 2%

·   Price Falls by 15.3% Since Last Duty Hiked on 21 Jan

·   Silver Spared

Ntfn 31/05.06.2013

4109

Excise Duty Raised on Gold to 7% from 5%

20-CE/05.06.2013

4110

Sugar Directorate Release Order Not Required for Sugar Export under Advance Authorisation

15-Ntfn(RE)/05.06.2013

4111

Rupee Crashes by 5% Against SFranc, Yen 5.4%

58-Cus(NT)/05.06.2013

4112

SNG Inspection Services Notified as PSIA

15-PN(RE)/03.06.2013

4113

MoU Signed between DGFT and Government of Delhi to use e-BRC

PIB (MoC&I) Press Release dated 5th June 2013

4114

Rupee Payment for Export of Import Traded Goods Allowed with 15% Value Add

Countries to be Notified, Iran Expected in First List

16-Ntfn(RE)/06.06.2013

4115

Rupee Falls to 56.85 in Import Valuation

59-Cus(NT)/06.06.2013

4116

ITA II Participant List Grows to 27 Covering 97% of Trade

India Chooses to Opt Out, May Join Bandwagon after End of Show

ABS News Service

4117

Russia is Observer to the Committee on Government Procurement

ABS News Service

4118

Gita Wirjawan to Chair 9th WTO Ministerial Conference at Bali

ABS News Service

4119

Iran Notified as First Country for Rupee Payment Export Trading with 15% VA against Dollar Import

17-Ntfn(RE)/10.06.2013

4120

Rupee Crashes again to a New Record Low of 58.53 against Dollar at NSE Close, RBI Rate 58.9255

ABS News Service

4121

FIEO President Hits at Rupee Payment Trade with Iran, Calls for Limits to Protect Indian Origin Goods

ABS News Service

4122

FIEO Says Rupee Fall not Good for India

ABS News Service

4123

Rupee Crashes against Euro, Sterling, SFranc and Yen in Customs Valuation

60-Cus(NT)/12.06.2013

4124

Fine = Penalty for Monetary Threshold in Discussions for Appeals

CBEC Instruction dated 3rd June 2013

4125

Export Realisation Period of 12 Months Set for SEZ Units

108-RBI/11.06.2013

4126

Gold Imports Not Permitted on Documents against Acceptance (DA) Basis, Consignment Basis only for Jewellery Exports

LCs must be Backed by 100% Cash or DP (Documents against Payments)

107-RBI/04.06.2013

4127

Gold Imports by India Tumble as Curbs Boost Costs

ABS News Service

4128

Sanitary Import Permit for Livestock Included in ITC (HS) Book

18-Ntfn(RE)/11.06.2013

4129

Gemological Institute in Antwerp and Hong Kong Recognised for Diamond Grading

19-Ntfn(RE)/12.06.2013

4130

Safeguard Investigation on Methyl Acetoacetate (MAA) Initiated on Complaint of Single Producer Laxmi Organic, Mumbai

Safeguard Initiation Notice F.No. D-22011/08/2013 dated 6th June 2013

4131

Rupee Fall against Danish Kroner to Rs. 10.55 in Customs Valuation

61-Cus(NT)/13.06.2013

4132

Venture Capital must Report FDI in Separate Return to RBI

110-RBI/12.06.2013

4133

Limit for Foreign Investment in Govt Securities Enhanced to US$30bn to US$5bn with Immediate Effect

111-RBI/12.06.2013

4134

Ethanol Discount to Gasoline Widens on Concern Imports will Rise

ABS News Service

4135

Chidambaram Vows Reforms to Aid Growth as Rupee Resumes Drop

ABS News Service

4136

24x7 Customs Examination for All Air Cargo Exports at Chennai, Delhi, Mumbai and Bangalore from 1 July

CBEC Instruction No. 02 dated 21st May 2013

4137

17 Categories Excluded for Calculation of Export Performance under Incremental Export Reward Scheme

Ntfn 32/13.06.2013

4138

Gold and Silver Tariff Value Down

Brass Scrap (US$71), Palm Oil and Palmolein Tariff Value Up by US$6/MT

62-Cus(NT)/14.06.2013

4139

Appellate Authority in DGFT Notified

21-Ntfn(RE)/13.06.2013

4140

Adjudication Powers of DGFT/Development Commissioner Defined

20-Ntfn(RE)/13.06.2013

4141

Export Transaction Value Enhanced to US$10,000 through Online Payment Gateway Service Providers

109-RBI/11.06.2013

4142

Fed Cuts on Stimulus Crashes Rupee to Near 60

ABS News Service

4143

Exports Fall by $274mn in May 2013 as Imports Rise $2.92bn Over May Last Year

ABS News Service

4144

World Agri Outlook Shows 1.5% Growth, Rising Prices Say OECD, FAO

China Emerges as Food Deficit Consumer

ABS News Service

4145

WTO Forecasts World Trade Growth at 3.3% in 2013

ABS News Service

4146

US Senate Passes Five Year Farm Bill

ABS News Service

4147

WTO Debates Green Technologies and IPRs

ABS News Service

4148

Rupee Hits All-Time Low of 60

Dollar Rises before Housing, Manufacturing Reports

ABS News Service

4149

India Extends Ban on Milk and Milk Products from China for One More Year

23-Ntfn(RE)/18.06.2013

4150

Coconut Oil Exports Permitted through All LCS on Nepal, Bhutan, Bangladesh and Pak Borders in Addition to All EDI Ports

22-Ntfn(RE)/18.06.2013

4151

No Mandatory Re-export of Parts for Testing and Evaluation in Previous Export of Parts Found Defective

24-Ntfn(RE)/19.06.2013

4152

Rupee Falls to 59.20 in Import Valuation

63-Cus(NT)/20.06.2013

4153

Gold Jewellery Articles and Parts Drawback Rates Hiked

64-Cus(NT)/20.06.2013

4154

Sodium Nitrate from EU, China, Korea and Ukraine under Anti-dumping Investigation on Complaint of Deepak Nitrite

Deepak Nitrite also Filed Safeguard Duty on Sodium Nitrite on 17 April 2013

Anti-dumping Initiation Notification No.15/1009/2012-DGAD dated 5th June 2013

4155

Anti-dumping Investigation on Phenol from Taiwan and USA Initiated on Complaint of Hindustan Organic Chemicals

Anti-dumping Initiation Notification No.14/19/2012-DGAD dated 7th May 2013

4156

DGFT Mumbai will Accept More than Three Files from Exporters

DGFT Mumbai Trade Notice No. 01 dated 13th May 2013

4157

Department of Revenue Introduces RMS in Exports

ICD Mulund and Patparganj to implement from 15 July

23-CBEC/24.06.2013

4158

17 Categories Excluded for Calculation of Export Performance under Incremental Export Reward Scheme – Amendments in Excise Notification

21-CE/13.06.2013

4159

17 Categories Excluded for Calculation of Export Performance under Incremental Export Reward Scheme – Amendments in Service Tax Notification

11-ST/13.06.2013

4160

Haiti Included in LDC List

Ntfn 33/19.06.2013

4161

Rupee Value under Indo-USSR Deferred Payment Protocol Revised to Rs. 75.705663 w.e.f 5 June

112-RBI/20.06.2013

4162

Tariff Value of Gold Down by US$29 per 10 gms

66-Cus(NT)/24.06.2013

4163

Customs Brokers Licensing Regulations 2013 Notified

The current regulation supersedes the previous Customs House Agents Licensing Regulations 2004.

65-Cus(NT)/21.06.2013

4164

Tariff Value of US$1613/MT Imposed on Areca Nuts

67-Cus(NT)/25.06.2013

4165

Anti-dumping Duty on Pentaerythritol from Taiwan Extended for One More Year after Review

13-ADD/25.06.2013

4166

Anti-dumping Duty on Acetone from Korea Extended upto 9 June 2014 after Review

12-ADD/25.06.2013

4167

Technology Import Allowed under ECB as Part of Capital Goods

119-RBI/26.06.2013

4168

Exporter undertaking Project Exports and Service Contracts Abroad should Submit Form DPX1, PEX-1 and TCS-1 to the Approving Authority within 30 days of Entering into Contract

118-RBI/26.06.2013

4169

External Commercial Borrowings in Renminbi Discontinued

117-RBI/25.06.2013

4170

Working Capital for Civil Aviation Sector will Continue Till 31 Dec 2013 under ECB

116-RBI/25.06.2013

4171

Prepayment of FCCBs under Approval Route will Continue Till 31 Dec 2013

115-RBI/25.06.2013

4172

ECB Window for Financing 3G Spectrum Rupee Loans will Open upto 31 March 2014

114-RBI/25.06.2013

4173

ECB for Low Cost Affordable Housing Projects

113-RBI/24.06.2013

4174

Minimum Average Maturity of the underlying Debt Instruments Reduced to Three Years from 7 Years

120-RBI/26.06.2013

4175

Risk Management and Inter Bank Dealings

121-RBI/26.06.2013

4176

Filters Classified in Heading 8421 but Filtering Elements are Classified according to their Constituent Material

24-CBEC/27.06.2013

4177

Re-import of Pets in Baggage, Health Certificate from the Country of Export and Quarantine Officer Examination Must

25-CBEC/01.07.2013

4178

Tariff Value of Gold Down by US$20/10 gms; Others to Fall: Silver US$2/kg; Brass Scrap US$13/MT and Crude Soyabean Oil US$23/MT w.e.f. 28 June

69-Cus(NT)/28.06.2013

4179

Silver Tariff Value Down by US$103/kg w.e.f. 27 June

68-Cus(NT)/28.06.2013

4180

Only Gold Import on Loan to Exporters Facility Open in Credit Option

122-RBI/27.06.2013

4181

Vietnam Devalues Dong for First Time Since ’11 to Boost Reserves

ABS News Service

4182

WTO Reviews SPS on 50 Years of Codex

ABS News Service

4183

China Retaliates in EU Solar Panel Case, Claims EU Dumping Wine

ABS News Service

4184

Senate Confirms Mike Froman as New USTR

ABS News Service

4185

USB Flash Drives from China, Taiwan and Korea under Anti-dumping Investigation on Complaint of Moser Baer

DGAD Initiation Notification No.14/22/2012-DGAD dated 21 June 2013

4186

Chang Chun Taipei in New Shipper Review in Acetone Case, Previous Duty of $201.27 per MT Applicable

Ntfn 14-ADD/03.07.2013

4187

Anti-dumping Duty on PVC Emulsion Resin from EU Extended Till 24 June 2015 in Sunset Review

Ntfn 15-ADD/03.07.2013

4188

Online Registration Must for Non Basmati Rice and Wheat Export through LCS on Bangladesh and Nepal Borders

04-TN/02.07.2013

4189

Engineering Goods List for Export Control under SCOMET Enlarged and Widened

26-Ntfn(RE)/03.07.2013

4190

Certification Size for Cut and Polished Diamonds Reduced to 0.10 Carat from 0.25 Carat

25-Ntfn(RE)/03.07.2013

4191

Service Received in SEZ for Authorised Operations Exempted under Refund

List of Services to be Approved on Case by Case Basis

12-ST/01.07.2013

4192

Rupee Falls to 60.50 in Import Valuation

Notification No.70/2013-Customs (N.T.) dated 4 July 2013

4193

Rupee Value under Indo-Ussr Deferred Payment Protocol Revised to Rs. 78.374512 per Rouble from 13 June

A.P. (DIR Series) Circular No.03 July 04, 2013 dated 4 July 2013

4194

RBI Liberalises Documentation Requirements for Resident Entities in Indian Forex Market

A.P. (DIR Series) Circular No.02 July 04, 2013 dated 04 July 2013

4195

RBI Issues New Guidelines for Calculation for Total Foreign Investment in India Companies

A.P. (DIR Series) Circular No.01 dated July 04, 2013

4196

Precious Metals Crashes by 5.6%, Metals 3.7% and Beverages 5.1% in June

World Bank

4197

Sugar Duty Raised to 15% from 10%

Ntfn 34/08.07.2013

4198

Banks Banned from Currency Speculation, Trading Allowed only on Agency Basis

07-RBI/08.07.2013

4199

Rupee Recovers after Hitting Life-Time Low of 61.21 vs US Dollar

    RBI-SEBI Check Speculators

    Sovereign Bonds on the Lines of IDB in the 1990s to Bring in Forex on the Anvil

ABS News Service

4200

SBI to Raise Interest Rates to Cover Risk of Forex Loan Defaults

ABS News Service

4201

Sugar Imports in Doldrums after Dollar Rise and Duty Hike

ABS News Service

4202

Plurilateral TISA to Substitute for Multilateral GATS

ABS News Service

4203

Subsidy Bill of Food Security Bill will be 1.2% of GDP

ABS News Service

4204

Electrical Energy Import Free –Authorization Requirement Lifted

27-Ntfn(RE)/05.07.2013

4205

Anti-dumping Duty Rubber Chemicals from China Extended to 4 May 2014 in Review

16-ADD/05.07.2013

4206

Anti-dumping Duty on Rubber Chemicals from Korea Extended by Another Year to 4 May 2014 in Review

17-ADD/05.07.2013

4207

Rupee Value under Indo-USSR Deferred Payment Protocol Revised to Rs. 80.972091 per Rouble w.e.f 25 June

05-RBI/08.07.2013

4208

Export Credit of US$10mn to Seychelles

04-RBI/08.07.2013

4209

ECB Guidelines for NBFC-AFCs for On-lending to Infrastructure Sector

06-RBI/08.07.2013

4210

158 High Tech Products get Focus Product Scheme (FPS) Benefit

PIB (MoC&I) Press Release dated 9th July 2013

4211

Double Taxation Avoidance Agreement between India and Albania Singed on 8 July

PIB (MoF) Press Release dated 8th July 2013

4212

Food Stamps, Dairy Subsidies Foil Farm Bill in HOR

ABS News Service

4213

Australia Launches Safeguard Investigation on Canned Tomatoes

ABS News Service

4214

US Suspends Bangladesh GSP as Factories Collapse Showing Poor Labour Standards

ABS News Service

4215

FDI Falls 18% in 2012 but Developing Countries get $700bn

ABS News Service

4216

Obama Unveils Trade, Energy Initiatives on Africa Trip

ABS News Service

4217

Carbon Permit Price Fall to $5bn Tonne

ABS News Service

4218

EU-US Talk Trade Ignoring Spy Talk

ABS News Service

4219

DGFT Notifies 160 High Tech Products for 2% FPS Benefit

19-PN(RE)/10.07.2013

4220

Silver Jewellery Articles and Parts Drawback Slashed to Rs. 1795.5/kg from Rs. 2590.80/kg of Net .999 Purity

71-Cus(NT)/10.07.2013

4221

Fatty Alcohol SION Notified

17-PN(RE)/09.07.2013

4222

Ortho Tertiary Butyl Cyclohexyl Acetate SION Amended

16-PN(RE)/09.07.2013

4223

Retreaded or Used Tyres Import Allowed only with BIS Mark and Subject to FTP, Provision of One Cut Bead Wire and Ministry Environment Permission

CBEC Instruction dated 12th July 2013

4224

Trichy Airport Notified for Courier Import and Export

74-Cus(NT)/12.07.2013

4225

Activated Polydimethyl Siloxane and Simethicone SION Modified

18-PN(RE)/10.07.2013

4226

RBI Grants General Permission to Bank in India to Acquire Shares of SWIFT

RBI for Admission to the SWIFT Users Group in India

08-RBI/11.07.2013

4227

Import Credits upto 5 Years for Infrastructure Sector will Continue Till 30 Sept 2013, No Credit beyond Trade Transaction Terms

09-RBI/11.07.2013

4228

Libor Plus Ceiling at 350bps for ECB Extended Till 30 Sept 2013

11-RBI/11.07.2013

4229

Existing ECB Borrowers can Raise Fresh ECB at Higher All-in-Cost under Approval Route Till 30 Sept 2013

10-RBI/11.07.2013

4230

June Export Fall $1.14bn Over Last Year, Imports Steady

·      Oil Rises $1.54bn in June

·      Rupee Devaluation and Incentives Yet to Show Result

PIB (MoC&I) Press Release dated 12 July 2013

4231

Customs Relaxes Procedures for Empty Containers Shipped by Foreign Suppliers Cheating Importers

10-SO/21.06.2013

4232

Russia on the Mat at WTO Over Vehicle Recycling Fee

ABS News Service

4233

Shipping in Over Supply, Capacity up 27%, Freight Rate Fall 30%

ABS News Service

4234

Paraguay Suspended from Mercosur

ABS News Service

4235

Aid for Trade Falls to $41.5bn in 2011

ABS News Service

4236

27 Developed Countries Offer Support for Deal on TF at Dec Bali Meet

ABS News Service

4237

Switzerland, China Sign Trade Deal

ABS News Service

4238

Stock Markets Fall as RBI Ups Bank Rate to 10.25%

ABS News Service

4239

Import Cold Storage at Sahar Air Cargo Complex from 7 June 2013

ABS News Service

4240

Rupee Rises to Rs. 59.65 for Customs Valuation on Imports w.e.f. 19 July 2013

76-Cus(NT)/18.07.2013

4241

Brass Scrap Down by US$158/MT; Crude Palm Oil US$20/MT, Crude Soyabean Oil US$45/MT

Tariff Value of Gold (US$15/10 gm) and Silver (US$34/kg) Up

75-Cus(NT)/15.07.2013

4242

Loans under $10bn ECB Extended to Overseas JVs

12-RBI/15.07.2013

4243

Export Credit of US$35mn for Financing Sugar Plant Project in Ghana

13-RBI/17.07.2013

4244

Only Standard Unit Quantity Code as per CTA 1975 in Bills of Entry/Shipping Bills, Says CBEC

[We suggest units used in International Practice and the invoice may also be put in the documents. Trade will come to a stop otherwise. Buyer may want quantity in dozens but CTA asks for weight or nos. Thus we will be landed with a custom made barrier!

In many cases, the unit may be wrong. Thus printed circuits in 8534 are sold in pieces or length in metres but the CTA heading asks for weight in kg. The customs inspector will reject all documents where quantity other than kg. is indicated. A sure recipe for hike transaction costs in customs clearance!!! – Ed.]

26-CBEC/19.07.2013

4245

Self Copy Paper, Duplicator and Other Paper and Paper Boards Included in ASEAN FTA List at 2.5% Duty

Ntfn 35/18.07.2013

4246

DGFT to Hold Personal Hearing on 2nd Tuesday at 3 pm under Grievance Redressal Mechanism

05-TN/19.07.2013

4247

Ram Tirath Appointed as DG China Specific Safeguards and General Safeguards in Place of GS Sarna

77-Cus(NT)/19.07.2013, 78-Cus(NT)/19.07.2013

4248

ITA II for Bali Ministerial Suspended as China Dithers

ABS News Service

4249

Developing Countries Share in World Export Rises to 47%, Asia Leads Growth

ABS News Service

4250

EU Parliament for 5.5% cap on Food Based Biofuels, Sea Weeds Share 2% by 2020

ABS News Service

4251

Bangladesh Allows Free Unions in Textiles to Please the Western Buyers and WTO and Save $20bn Export

ABS News Service

4252

US Orders “No Kill” Dolphin Certificate from Ship Captain for Tuna Outside ETP

ABS News Service

4253

RBI Virtually Bans Gold Import thru Official Channel

·         Export Obligation of 20% Slapped on Import, One Fifth Export Reservation in Every Import Lot

·         Actual User Condition Imposed, Consumer Sale not Allowed

·         Earlier Condition of Cash Import Dropped

15-RBI/22.07.2013

4254

Software Export Realisation Period will be Nine Months from Date of Export w.e.f. 01.04.2013

14-RBI/22.07.2013

4255

CBEC Calls for Separate Areas for Plant Quarantine Non Fumigated and Post Fumigated Stocks in Customs Areas

CBEC Instruction/ 23.07.2013

4256

Excise Duty of 27% Applicable on Maruti SX4, Honda Civic and Toyota Corolla as Sedans, Only Sports Utility Vehicles (SUVs) Attract 30% Excise Duty

972-CBEC/24.07.2013

4257

Frozen Hilsa Fish at 5% from Myanmar Burma under ASEAN FTA

Ntfn 37/22.07.2013

4258

All Importers Allowed Zero Duty on LNG and NG Import for Electrical Energy Generation, Exclusive Facility to GAIL-NTPC and Petronet Dropped

Ntfn 36/22.07.2013

4259

Online Reporting Must for Forex Exposure to RBI by Banks

17-RBI/23.07.2013

4260

USD 19mn LOC to Senegal

16-RBI/23.07.2013

4261

Human Hair Exempted from Sanitary Import Permit

Only Animal Origin Materials under HS 2309 Need Sanitary Import Permit

29-Ntfn(RE)/24.07.2013

4262

No Authorisation Required for SEZ Scrap Sale into DTA

28-Ntfn(RE)/24.07.2013

4263

Mahagaon (Thane) ICD Notified for Unloading and Loading Goods

79-Cus(NT)/24.07.2013

4264

Anti-dumping Investigation on Acetone from Taiwan and Saudi Arabia Initiated on Complaint of Hindustan Organic Chemicals

Initiation Notification No.14/16/2012-DGAD dated 23rd July 2013

4265

Flexible Slabstock Polyol from Australia, EU and Singapore under Anti-dumping Investigation on Complaint of Manali Petrochemicals

Initiation Notification No.14/01/2013-DGAD dated 12th July 2013

4266

Anti-dumping Investigation Initiated on Pentaerythritol from Russia on Complaint of Kanoria Chemicals

Initiation Notification No. F.No.14/26/2012-DGAD dated 21st June 2013

4267

Excise Duty Exempted on the Relabeling of Scheduled Drug Formulations under DPCO, 2013

22-CE/29.07.2013

4268

Foreign Post Office New Delhi Recognised for Export of FPS/FMS/VKGUY Products

Ntfn 38/26.07.2013

4269

DGFT Notifies Kattupalli Sea Port (TN) for Export Promotion

20-PN(RE)/29.07.2013

4270

IE Code Number will Remain Same in EOU-DTA Transfer Cases, Only Issuing Authority will Change

02-Pol.Cir/26.07.2013

4271

Sudden Rise of 25% in Exports Triggers Alarm on Possible Misuse of Incremental Export Incentive Scheme

06-TN/31.07.2013

4272

Multifunction Speaker System Classified under Record Players or FM Radio in 8519 81 and 8527 99

27-CBEC/01.08.2013

4273

Cockroach Traps and Mosquito Repellent Classified in 3808 91

28-CBEC/01.08.2013

4274

Zero Duty on Rice Bran and Rice Bran Oil Cake Import upto 30 Sept 2013

Zero Duty for Parts of Fasteners

Ntfn 39/31.07.2013

4275

Excise Duty Slashed to Zero on Building Bricks

23-CE/31.07.2013

4276

Rupee Falls to 61.55 for Customs Valuation on Imports w.e.f. 2 August 2013

81-Cus(NT)/01.08.2013

4277

Gold Tariff Value Up by US$14/10 gms; Brass Scrap (US$69/MT)

Tariff Value Down on Poppy Seeds (US$1747/MT), Crude Soyabean (US$23/MT), Crude and RBD Palm Oils

80-Cus(NT)/31.07.2013

4278

No Flexibility in Import under DFIA for EO Redemption, Specific Descriptions in Export and Import must Match

31-Ntfn(RE)/01.08.2013

4279

No AU Condition on SFIS Imports after One Year

30-Ntfn(RE)/01.08.2013

4280

CBEC Instruction for Drawback Claims on Time Barred Cases

F.No.603/01/2011-DBK dated 31st July 2013

4281

Interest Rate Subvention on Exports Raised to 3% from 2%, BoT Meets on 27 Aug

PIB (MoC&I) Press Release dated 31st July 2013

4282

Procedure for Availing Service Tax Voluntary Compliance Encouragement Scheme

cbec.gov.in

4283

Guidelines for Determination of Tariff for Projects at Major Ports Announced

PIB (Ministry of Shipping) Press Release dated 31st July 2013

4284

DGFT Stands by 1 Aug 13 Restriction of Imports under DFIA to Inputs Listed in Shipping Bill, Withdraws Conflicting 10 Oct 05 Circular

03-Pol.Cir/02.08.2013

4285

Cotton Export Registration Procedure Relaxed for Public Sector Cotton Corp

32-Ntfn(RE)/02.08.2013

4286

China Halts NZ Exports of Milk Powder Alleging Bacterial Infection

ABS News Service

4287

Iran has US Educated Foreign Minister

ABS News Service

4288

China Built $500mn Container Terminal in Sri Lanka Opens for Business

ABS News Service

4289

Monsanto Shifts to Trade in GMs for Europe, Says No to GM Cultivation

ABS News Service

4290

China Slaps Anti-dumping Duty on US Polysilicon

ABS News Service

4291

DGFT Lifts Steel BIS Barriers for Mega Projects, Frees Import

33-Ntfn(RE)/07.08.2013

4292

Purchase Orders to be Accepted as “Contracts” under Project Imports, PO Must Satisfy Four Conditions

31-CBEC/06.08.2013

4293

Excise Duty Exemption for Neyveli Lignite Corporation

24-CE/02.08.2013

4294

No Excise Registration for Pharma Packers of DPCO Goods

11-CE(NT)/02.08.2013

4295

Rupee Hedging from Sub Accounts only with Mandate of the Owner

18-RBI-01.08.2013

4296

DO NOT DETAIN EXPORT GOODS, CBEC Orders Commissioners, Threatens Action on Errants

30-CBEC/05.08.2013

4297

DGFT Clarifies Issuing Authority for Status Recognition and Nominated Agency Certificates for SEZ/EOU/DTA Units

04-Pol.Cir/08.08.2013

4298

Sodium Lauryl Ether Sulphate SION Notified

21-PN(RE)/08.08.2013

4299

Regularisation for Excise Duty Not Paid on Foreign Brand Name or Trade Name

10-CE(NT)/02.08.2013

4300

CBEC Clarifications on Service Tax Voluntary Compliance Encouragement Scheme

170-ST/08.08.2013

4301

Precious Metals Decline by 4.7%, Raw Materials Fall 3.5%; Energy Jumps 4.4%

World Bank

4302

July 2013 Exports Turn Plus 11.6%, Imports Minus 6.2% after Rupee Devaluation – Oil Crashes 8%

PIB (MoC&I) Press Release dated 12th August 2013

4303

Obama Administration Sides with Apple on Import Ban Ruling

ABS News Service

4304

Lamy to Retire at End Aug, Hopes for Ok to Trade Facilitation in Bali

ABS News Service

4305

US Demands for Labour, Fire and Building Inspection in Bangladesh Textile Industry

ABS News Service

4306

Interest Rate Subvention on Exports Raised to 3% from 2%, BoT Meets on 27 Aug

PIB (MoC&I) Press Release dated 31st July 2013

4307

Japan Join EU on Russia Vehicle Recycling Fee at WTO, US too Readies to Pitch in

ABS News Service

4308

EU WTO Review Highlights Resistance against Protectionism

ABS News Service

4309

PC Returns to Regulated Economy with Tariffs to Control Import, Woos FDI

PIB (MoF) Press Release dated 12 August 2013

4310

Govt Eases Land Requirement Norms for Special Economic Zones

SEZ Office Memorandum dated 12th August 2013

4311

Anti-dumping Duty Hiked in Final Findings on Fibre, Laminated Board from China, Indonesia, Malaysia and Sri Lanka

18-ADD/08.08.2013

4312

Reimbursement of Duty in Lieu of Drawback in Partial Cenvat Credit Cases

SEZ Instruction No. 77 dated 6th August 2013

4313

Regularisation of EO Default – Interest not to Exceed Original Duty Amount

22-PN(RE)/12.08.2013

4314

Revised Format of NRD-CSR Submission on XBRL Platform

19-RBI/07.08.2013

4315

Prohibited Medicines List

PIB (Ministry of Health and Family Welfare) Press Release dated 13th August 2013

4316

Gold Duty Hiked by 2%, Silver 4%, Platinum 2%

All Three Precious Metals at 10% Now

Ntfn 41/13.08.2013

4317

Excise Duty on Gold Hiked by 2%, Silver 6%

All Two Precious Metals at 9% Now

25-CE/13.08.2013

4318

Rupee Falls to 61.90 for Customs Valuation on Imports w.e.f. 15 Aug 2013

83-Cus(NT)/14.08.2013

4319

Silver Tariff Value Up by US$58/kg; Gold US$2 per 10 gms; Areca Nuts US$70/MT

Tariff Value Down on US$85/MT, Palmolein US$14/MT, Crude Soyabean Oil US$24/MT, Crude Palm Oil US$12/MT

82-Cus(NT)/14.08.2013

4320

MEP on Onions Back at US$650 per MT

35-Ntfn(RE)/14.08.2013

4321

Norms for Spices under Advance Authorization only with Spices Board Sample Analysis

05-Pol.Cir/14.08.2013

4322

Leather Exports only thru Chennai Sea, JNPT, Kolkata Sea, ICD Kanpur and ICD Tughlakabad

CLRI Certification Must

23-PN(RE)/13.08.2013

4323

Ammonium Nitrate Import only Against Explosive Licence

34-Ntfn(RE)/14.08.2013

4324

Gold Rises as Silver Caps Biggest Weekly Gain Since 2008

ABS News Service

4325

New WTO DG Selects Chinese, German, Nigerian and American as Dy. DG

ABS News Service

4326

RBI Issues Clarifications on Gold Import

·      No Coins Allowed

·      Norms for 20/80 Export Obligation Specified

·      Bank HOs to Monitor Trade

25-RBI/14.08.2013

4327

FEMA Compounding of Offences Proceedings Notified

20-RBI/12.08.2013

4328

Forex Remittance Ceiling Lowered to US$75,000 from US$2 Lakhs

24-RBI/14.08.2013

4329

Only 100% of Net Worth Allowed Overseas Investment to Indian Cos.

23-RBI/14.08.2013

4330

Rupee Value under Indo-USSR Deferred Payment Protocols Revised to Rs. 83.45023 from 12 Aug 2013

26-RBI/14.08.2013

4331

Export Credit of US$41.60mn to Comoros

27-RBI/16.08.2013

4332

Export Credit of US$300mn to Ethiopia for Financing New Ethio-Djibouti Railway Line Project

22-RBI/12.08.2013

4333

Export Credit of US$28.60mn to Zimbabwe for Upgradation of Deka Pumping Station and River Water Intake System

21-RBI/12.08.2013

4334

China Targets India for Anti-dumping Action on Single-mode Optical Fiber

ABS News Service

4335

Saudi Arabia and Iraq Cut Oil Exports in June: JODI Data

ABS News Service

4336

LCD TV Deleted from Duty Free Baggage Allowance – Duty of 35% Applicable

84-Cus(NT)/19.08.2013

4337

Rupee Crashes to Record Low of 64.13

   India at its Lowest Rating

   Gold Rises as Informal Exchange Market and Hawala Surface following Physical Controls on Movements

   Indonesia, Brazil, South Africa Currencies Retreat in Synch with Dollar Rise

ABS News Service

4338

Rupee Falls to 65.35 for Customs Valuation on Imports w.e.f. 23 August 2013

87-Cus(NT)/22.08.2013

4339

Rupee Falls to 100.75 against Pound Sterling for Customs Valuation on Imports w.e.f. 19 August 2013

86-Cus(NT)/21.08.2013

4340

Facilities Outside Mega Power Projects Perimeter Get Customs Exemption on Lines of Excise Exemption, Clarifies CBEC

33-CBEC/23.08.2013

4341

Format for Post Office Bill of Export for Reward Schemes from Foreign Post Office, New Delhi Released

29-CBEC/05.08.2013

4342

Marble Quota for 6 Lakh tonnes for FY 2013-14 Announced, Allocation on Turnover and Number of Gang Saws

37-Ntfn(RE)/26.08.2013

4343

Marble Quota of 1 Lakh tonnes for Indian Companies Mining Abroad

36-Ntfn(RE)/26.08.2013

4344

Floor Value of $80 per sqm Imposed on Granite Import

38-Ntfn(RE)/26.08.2013

4345

FDI in Asset Reconstruction Companies (ARCs) Ceiling Raised to 74% from 49%

28-RBI/19.08.2013

4346

All Bank Branches Allowed to Deal with NRIs under Portfolio Investment Scheme

29-RBI/20.08.2013

4347

Interest Rates on NRE Deposits Deregulated, Interest Rate Freed

RPCD.CO.RRB.BC.No.24/ 03.05.33.2013-14 dated 19.08.2013

4348

Interest Rates on FCNR(B) Deposit Ceiling Raised on Medium Term Maturities

RPCD.CO.RRB.BC.No.22/ 03.05.33.2013-14 dated 19.08.2013

4349

US-ASEAN Commit to Trade Facilitation at Bali

ABS News Service

4350

Rupee Falls below 68 to Record; Stocks, Bonds Tumble

Its Financial Emergency

ABS News Service

4351

Rupee Value Linked to Gold and Oil

ABS News Service

4352

Bharti Bonds Turn Junk, Spreads between Buy-Sell on Indian Securities Widen to 400 Points

ABS News Service

4353

Li Ka-Shing-Backed CEF Seeks Gold, Prices to Remain Flat

ABS News Service

4354

China Exports of Engg, Footwear and Pharma Turn Negative

ABS News Service

4355

Qualcomm, Northwestern, YouTube: Intellectual Property

ABS News Service

4356

SEZ Export Cross $80bn per Year

ABS News Service

4357

India’s Landmark Food Bill Passed, Sonia Hospitalised after Debate

ABS News Service

4358

Subsidy Paid to Exporters by APEDA on Agricultural Goods during 2010-11 to 2013-14

ABS News Service

4359

Suspension of IEC Number – Addl DGFT and Jt DGFT Appointed as Designated Authority

39-Ntfn(RE)/29.08.2013

4360

Gold and Silver Tariff Value Up by US$29/10 gms and US$ 106/kg Respectively

91-Cus(NT)/29.08.2013

4361

Areca Nuts Tariff Value Up by US$187 per MTs

85-Cus(NT)/21.08.2013

4362

Swedish Kroner Exchange Rate Revised w.e.f. 27 Aug 13

89-Cus(NT)/26.08.2013

4363

Pound Sterling, Singapore Dollar, Austrian Dollar and Other Four Currencies Rates Revised w.e.f. 30 Aug 2013

92-Cus(NT)/29.08.2013

4364

Panchi Gujaram Village ICD at Sonepat Notified for Unloading and Loading Goods

88-Cus(NT)/26.08.2013

4365

Constitution of Task Force on Currency Swap Arrangements and Trade

ABS News Service

4366

Dept. of Revenue Extends the Date of Submission of Form ST-3 from 31 Aug 2013 to 10 Sept 2013

04-ST Order/30.08.2013

4367

War Clouds Looming Over Syria Push Crude Oil Price Up

ABS News Service

4368

India’s Rupee Drops on Concern Slowing Growth Will Deter Inflows

ABS News Service

4369

Safeguard Duty of 20% Imposed on Stainless Steel HR Flats from China on Account of “Market Disruption” – Final Findings

02-SG/29.08.2013

4370

Anti-dumping Duty on DVD-R and DVD-RW from China, Hong Kong and Chinese Taipei Extended upto 22 July 2014

19-ADD/29.08.2013

4371

Tariff Value Up on Poppy Seeds (US$115/MT), Crude Palm Oil, Crude Palmolein, RBD Palmolein (US$25/MT), RBD Palm Oil (US$24/MT), Crude Soyabean Oil (US$23/MT) and Brass Scrap (US$2/MT)

Gold and Silver Tariff Value Down by US$3/10 gms and US$20/kg

93-Cus(NT)/30.08.2013

4372

Customs Baggage Declaration Form Must for Passengers who come to India w.e.f. 1 Jan 2014

Red Channel for Pax Bringing in Excess Gold, Rupees and Forex

90-Cus(NT)/29.08.2013

4373

Zero Customs Duty for Long Range Surface to Air Missile (LR-SAM) Programme of Ministry of Defence

Ntfn 42/30.08.2013

4374

Zero Excise Duty for Long Range Surface to Air Missile (LR-SAM) Programme of Ministry of Defence

26-CE/30.08.2013

4375

RBI Clarifies Cut off Dates and Scope of Restrictions on Overseas Investment Restrictions to 100 percent of Net Owned Fund

30-RBI/04.09.2013

4376

External Commercial Borrowings (ECB) from the Foreign Equity Holder

31-RBI/04.09.2013

4377

Limit of $100,000 on Studies Outside India

RBI Details Restrictions on Remittances on Personal Account

32-RBI/04.09.2013

4378

Bluetooth Wireless Headset for Mobile Phones/Cell Phones Classified in Sub-heading 8517.62

36-CBEC/05.09.2013

4379

Procedure for Supply of Duty Free Gold to Jewellery Exporters by Nominated Agencies

·   No Coins Allowed

·   Norms for 20/80 Export Obligation Specified

34-CBEC/04.09.2013

4380

Rupee Falls to 67.00 for Customs Valuation on Imports w.e.f. 6 Sept 2013

95-Cus(NT)/05.09.2013

4381

Leather Exports only thru Chennai Sea, JNPT, Kolkata Sea, ICD Kanpur, ICD Tughlakabad and Air Ports also

24-PN(RE)/05.09.2013

4382

Bank Guarantee Must for Opening Escrow Account on behalf of Non Resident for FDI Transactions

37-RBI/05.09.2013

4383

Rupee Value under Indo-USSR Deferred Payment Protocols Revised to Rs. 86.857663 w.e.f. 23 Aug 2013

33-RBI/04.09.2013

4384

Cross Border Inward Remittance under Money Transfer Service Scheme

FATF Statement dated 21 June 2013

35-RBI/04.09.2013

4385

FATF Updated Statement on ‘Improving Global AML/CFT Compliance: On-going Process’

34-RBI/04.09.2013

4386

Gold Import can Succeed Export as Replenishment

40-Ntfn(RE)/06.09.2013

4387

Shipping Bill, Customs Invoice and BRC are the “Must” Docs for Export Proof of Gold – Two of these Compulsory

25-PN(RE)/06.09.2013

4388

Speaking Orders for Drawback

35-CBEC/05.09.2013

4389

Pyrkan-Kalatek-Chargaon to Sripur Route to Bangladesh Notified for Export of Goods

94-Cus(NT)/04.09.2013

4390

Non Residents can Acquire Shares through Stock Exchange – RBI Woos Investors

38-RBI/06.09.2013

4391

Rupee Limit for Resident Travellers Raised to 10k from 7.5k

39-RBI/06.09.2013

4392

Hedge Limit for Exporters Raised to 50% from 25% of Annual Bookings

36-RBI/04.09.2013

4393

US, New Zealand Move Against Indonesia at WTO on Agro Products

ABS News Service

4394

Colombia Launches Three New Safeguard Investigations on Steel Products

ABS News Service

4395

Azevêdo Takes Office from Lamy as WTO DG

ABS News Service

4396

Exports Rise by $3bn in Aug, Imports Crash, Rupee Fall Spurs

PIB (MoC&I) Press Release dated 10th September 2013

4397

Anti-dumping Duty Imposed on Sodium Perchlorate from China

20-ADD/06.09.2013

4398

Another Five Years for Anti-dumping Duty on Zinc Oxide from China in Review

21-ADD/06.09.2013

4399

Forex Tourism Earnings Rise by 12 percent in August 2013

PIB (Ministry of Tourism) Press Release 10th September 2013

4400

New WTO DG Launches “Rolling set of Meetings” for TF, LDC and Agro Agenda at Bali

ABS News Service

4401

Panel Established on EU Complaint against China’s Anti-dumping Duties

ABS News Service

4402

Rupee Rises Past 63, A Gain of 5 in 15 days!

May Reach 58 by Diwali

ABS News Service

4403

Service Tax on Skill Development Corp Activities Exempted

13-ST/10.09.2013

4404

CBEC Clarifies Excise Debit on Reward Scrip will give “Duty Paid” Statutes Goods

No Duty under Cenvat Rule 6(3) Applicable

973-CBEC/04.09.2013

4405

RBI Doubles Forex Borrowing Limit of Banks

40-RBI/10.09.2013

4406

Corporate Guarantees for Overseas Subsidiaries Tightened

41-RBI/10.09.2013

4407

Guidelines for Downstream Investment Tightened

42-RBI/12.09.2013

4408

Revenue Releases New Drawback Schedule w.e.f. 21 Sept

Notification for the Revised All Industry Rates of Duty Drawback Issued

98-Cus(NT)/14.09.2013

4409

FIEO Not Happy with Cuts in DBK on Electronic Goods

FIEO Press Release dated 15.09.2013

4410

Department of Revenue Amends Customs, Central Excise and Service Tax Drawback Rules w.e.f. 21 Sept 2013

97-Cus(NT)/14.09.2013

4411

Currency of Rs. 10,000 Allowed in Departure Area after Customs and before Boarding

45-RBI/16.09.2013

4412

Sugar Beet Seeds Duty Cuts to 5% from 15%

Ntfn 43/13.09.2013

4413

CVD Exempt on Intermediates, Parts and Sub-Parts of Rotor Blades for Wind Operated Generators

27-CE/12.09.2013

4414

DBK Directorate Lists Highlights of New Schedule

37-CBEC/14.09.2013

4415

CBEC Repeats Instructions on Wood Packaging and ISPM-15 Standards for Exports

CBEC Instruction F.No.450/19/2005-Cus.IV dated 16th September 2013

4416

IE Code is only for Own Exports and Imports, Others Barred

DGFT Cautions IE Holders on Misuse

06-Pol.Cir/16.09.2013

4417

Rupee Rises against US Dollar, HK Dollar, Kuwait Dinar and other Four Currencies w.e.f. 17 Sept 2013

99-Cus(NT)/16.09.2013

4418

Tariff Value Up on Brass Scrap (US$40/MT), Crude Soyabean Oil (US$12/MT), Poppy Seeds Down (US$46/MT)

Gold Down $26 and Silver $47

96-Cus(NT)/13.09.2013

4419

New Exchange Control Form EDF must for All Goods Export from 1 Oct

·      EDF Replaces GR/PP Procedure

·      EDF Download from RBI Website Attested by Customs and Submission to Bank

43-RBI/13.09.2013

4420

RBI Defines Control in FDI Policy, HP and KTK Show Green to FDI in Retail

44-RBI/13.09.2013

4421

Gold and other Precious Metal Jewellery Duty Upped to 15% from 10%

Ntfn 44/17.09.2013

4422

No Arrests in Customs below Rs. 50 lakhs Value, Smuggling Case Rs. 20 lakhs

38-CBEC/17.09.2013

4423

No Service Tax on Hotels in UKhand till 31 March

Service Tax Order No. 01 dated 17.09.2013

4424

No TPP before in Oct Meet at Bali

ABS News Service

4425

EU-China Solar Panel Deal in Place; Subsidies Probe to Continue

ABS News Service

4426

China Fails at WTO on Chicken Restrictions

ABS News Service

4427

Russia Joins Information Technology Agreement as 78th Member

ABS News Service

4428

No Forex Trading on Overseas Websites

46-RBI/17.09.2013

4429

Rupee Value under Indo-USSR Deferred Payment Protocols Revised to Rs. 92.985396 w.e.f. 2 Sept 2013

47-RBI/17.09.2013

4430

RBI Rajan Ups Repo by 0.25 percent to 7.5 percent to Contain Inflation, Tight Money Policy Continues

RBI Press Release dated 20th September 2013

4431

No Anti-dumping and Safeguard Exemption on Transferable Advance Licences w.e.f. 18 April 2013

Ntfn 45/17.09.2013

4432

Arrest and Bail for Rs. 50 lakhs Plus Excise Evasion

974-CBEC/17.09.2013

4433

Service Tax Arrests only for Rs. 50 lakhs Plus Evasion Cases

171-ST/17.09.2013

4434

Educational Services Exempt from Service Tax

172-ST/19.09.2013

4435

Rupee Falls to 63.80 for Customs Valuation on Imports w.e.f. 20 Sept 2013

100-Cus(NT)/19.09.2013

4436

Infrastructure to Include Five More Segments for ECB

48-RBI/18.09.2013

4437

Indian Shrimp Export Industry Get Great Relief in US Countervailing Duty

US Rules in Favour of India in Countervailing Duty Investigation on Frozen Shrimp exports from India

ABS News Service

4438

Russia Signs On to ITA

ABS News Service

4439

Commerce Department Organize B2B Matchmaking Companies to Promote Indian Exports

Chinese Companies Sign MoUs for Procuring 338 Million USD Products from Indian Companies

ABS News Service

4440

NAFED Holds Meeting with Onion Importers to Help fast Clearance of Imported Stock

ABS News Service

4441

MEP on Onions Raised to US$900/MT from US$650/MT

41-Ntfn(RE)/19.09.2013

4442

Rough Marble Blocks Quota Allocation – Monthly Returns by Importers Must DGFT Issues 539 Marble Quota Allottees List

07-TN/19.09.2013

4443

Geo-Chem Fat East, Singapore Delisted as PSIA

26-PN(RE)/20.09.2013

4444

Exporter Undertaking Project and Service Exports (PEM) Contracts Abroad should Submit Form DPX-3 also to Approving Authority within 30 days of Entering into Contract

51-RBI/20.09.2013

4445

Rupee Value under Indo-USSR Deferred Payment Protocols Revised to Rs. 90.052266 from 4 Sept 2013

49-RBI/20.09.2013

4446

RBI Discontinues the Practice of Forwarding Statement in Form ORA to Regional Office by Authorized Dealers

50-RBI/20.09.2013

4447

DGFT Clamps Down on Incremental Export Scheme Following Rupee Devaluation

·      Only Dollar Growth to Get Incentive this Year

·      Value Limits of Rs. 10 crore Set

44-Ntfn(RE)/25.09.2013

4448

No FMS for Cotton, Cotton Yarn

No Incentive for Export of Restricted Goods

43-Ntfn(RE)/25.09.2013

4449

Jaikant Singh, Addl DGFT Designated as Authorised Officer for Safeguard Measures (QRs)

42-Ntfn(RE)/25.09.2013

4450

Export Incentive on Dollar Values Only

28-PN(RE)/25.09.2013

4451

Anti-dumping Investigation Launched on Electrical Insulators from China after Sunset of 35% Safeguard Duty

Anti-dumping Initiation Notification No. 14/11/2013 DGAD dated 5th September 2013

4452

Burma Border Trade – Motor Vehicles below 1000 CC Allowed – Typological Error Corrected

27-PN(RE)/24.09.2013

4453

RBI Clarifications on Applicability of Revised Guidelines of Overseas Direct Investment (ODI)

Source: PIB (MoF) Press Release dated 24th September 2013

4454

RBI Increases Capital Goods Import Credit to Five Years

Import Credit Contract Extended to 15 Months from Six Months

53-RBI/24.09.2013

4455

Rupee Value under Indo-USSR Deferred Payment Protocol Revised to Rs. 86.903352 from 13 Sept 2013

55-RBI/26.09.2013

4456

Swap Credit Maturity Lowered to One Year from Three Years

54-RBI/25.09.2013

4457

Regularisation of EO Default – Interest not to Exceed Original Duty Amount

Ntfn 46/26.09.2013

4458

Export Credit of US$22.50mn to Burkina Faso

52-RBI/24.09.2013

4459

No Excise Duty on Computers, Instruments and Software for Govt. Departments

28-CE/01.10.2013

4460

Tariff Value Up on Brass Scrap (US$75/MT), Palmolein (US$3/MT), Gold (US$4 per 10 gms)

Silver Down US$34/kg and Poppy Seeds US$161/MT

102-Cus(NT)/30.09.2013

4461

Amendments in SION H-427 – Import Item Aqueous Dispersion of Polyvinylidene Chloride Amended

29-PN(RE)/01.10.2013

4462

Ceiling on LIBOR Import Credits for Infrastructure to Continue Till 31 March, 2014

56-RBI/30.09.2013

4463

ECB for Multiple Rounds of PSU Disinvestment under Govt. Disinvestment Programme

57-RBI/30.09.2013

4464

Libor Plus 350bps Ceiling for ECB Extended Till 31 March 2014

58-RBI/30.09.2013

4465

No Breach of Ceiling to ECB Borrowers

59-RBI/30.09.2013

4466

Bank Wise Outstanding Statement (XOS) Online to RBI, No Branch Wise Statement Please

60-RBI/01.10.2013

4467

Rupee Gains to Rs. 62.55 for Customs Valuation on Imports w.e.f. 4 Oct 2013

103-Cus(NT)/03.10.2013

4468

Fertilizer Plunges by 5.5%, Precious Metals 0.3%, Metals 1.3%; Marginal Jump in Energy, Beverages Price in September

World Bank

4469

Soda Ash, Phosphorous Trichloride, Glass Vials, Perfume Bottles and Glass Mosaics SION Suspended

30-PN(RE)/04.10.2013

4470

FICCI Requests to Board for Reduction of Time Period for Settlement of Rebate on Exports to 30 Days from 90 Days

CBEC Instruction dated 1 October 2013

4471

Key Highlights of Anand Sharma with DG, WTO Meet on 7 Oct

ABS News Service

4472

Why India’s SEZ Policy Didn’t Work

ABS News Service

4473

Bali Preparations, Innovation in Focus at Annual WTO Forum

ABS News Service

4474

Yemen Slated for WTO Entry

ABS News Service

4475

US Government Shuts Down, Leaving Farm Bill Unfinished

ABS News Service

4476

China Builds Asean Role in Obama Absence

ABS News Service

4477

Dollar Exports Up by 11.5% in Sept 2013, Import Fall – 18.10%

PIB (MoC&I) Press Release dated 9th October 2013

4478

CBEC Clarification on Service Tax Leviable on Restaurant Services

173-ST/07.10.2013

4479

Reliance Complaint of PTA Dumping from China, EU, Korea and Thai under Investigation

·      Attack on PTA Imports Revised after Five Year Lull

·      China EU Added to Hit List

·      Indonesia, Malaysia, Japan, Spain and Taiwan Spared as of Now

Anti-dumping Initiation Notification No.14/7/2013-DGAD dated 8th October 2013

4480

Consumer Pack Edible Oil MEP Cut by $100

45-Ntfn(RE)/09.10.2013

4481

Date of Deposit is Crucial Date for the Interest Meter on Bonded Warehoused Goods

39-CBEC/01.10.2013

4482

Customs Centralises Monitoring of EO Default Regularisation Cases in Delhi Zone

40-CBEC/09.10.2013

4483

Zero Duty for 745 Items in Indo-Malaysia PTA

·      Cuts by 2.5% to 5% on Major Items

·      Sensitive Lists in Veg Oil, Petrochem, Plastics in Status Quo List

Ntfn 47/10.10.2013

4484

Anti-dumping Duty on Bulk Drug Cefadroxil Monohydrate from EU Slapped

22-ADD/10.10.2013

4485

Five More Years of Anti-dumping on Ductile Iron Pipes from China in Review

23-ADD/10.10.2013

4486

RBI Raises Ceiling for FC Borrowing to $10mn with Concessional Swap

61-RBI/10.10.2013

4487

Nepalgunj Road Notified for Drawback

101-Cus(NT)/27.09.2013

4488

India-Indonesia Minister in WTO Pow-Wow over Bali Ministerial

PIB (MoC&I) Press Release dated 11th October 2013

4489

US in Focus at IMF DC Meet, US Default Fraud with $16.7tn Debt Limit

ABS News Service

4490

Yuan Walks the Globe

ABS News Service

4491

India on 3 yr Plus Peace Clause on Food Security in Return for “Yes” on TF

ABS News Service

4492

Ludhiana Upset on China Circumvention of SAFTA

ABS News Service

4493

US Takes No. 1 Slot in World Oil Production with Surging Shale Output at 3.2 mbd

ABS News Service

4494

Russia Bans Lithuanian Dairy Products, Demands End to Flirtation with EU

ABS News Service

4495

New Aus PM to Ink Trade Pact with China in 12 mos

ABS News Service

4496

APEC Meet Supports Bali – Agenda for Ministerial by End Oct

ABS News Service

4497

ITA Talks to Resume as China Dilutes Objections

ABS News Service

4498

Rupee Gains to 62.20 for Customs Valuation on Imports w.e.f. 18 Oct 2013

105-Cus(NT)/17.10.2013

4499

Mono Cartons Containing Stripes/Vials/Bottles Treated as Primary Level Packaging of Pharma Products Exports

31-PN(RE)/17.10.2013

4500

Tariff Value Down as Palmolein (US$17/MT), Palm Oil ($26/MT), Gold ($18 per 10 gms) and Areca Nuts (US$163/MT)

Brass Scrap Up US$73/MT

104-Cus(NT)/15.10.2013

4501

RBI Issues Format for Submitting of EO Data

62-RBI/14.10.2013

4502

CVD of Excise Exemption will Apply on FTA Concessional Duty – Case of Steam Coal from Indonesia

41-CBEC/21.10.2013

4503

Fix Duty Drawback Brand Rates in Time, Enjoins DBK JS

CBEC Instruction dated 11th October 2013

4504

ACU Scope Restricted to Trade, Payments on Investments and Capital Account between ACU Members only in USD

63-RBI/18.10.2013

4505

FM Sets Up Shome Commission for Reform of Tax Admin with Two Retired CBDT and CBEC Officers as Full Members

More Controls on Tax Payers in the Offing

Commission Term of 18 months to overlap with New Govt at Centre Due in Six Months

No Representation to Professionals, Lawyers and Small Size Users

ABS News Service

4506

ITA, GPA Negotiations for Bali to Resume on 24 Oct

ABS News Service

4507

Putin-MMS Ink Energy Pact

ABS News Service

4508

Indian Rupee Falls Another 25 paise to 61.52 against US Dollar

ABS News Service

4509

WTO Farm Talks – In Final Lap of Mini Marathon?

ABS News Service

4510

Mercury Pollution Pact Signed in Minamata, Japan

ABS News Service

4511

Mexico, Korea and Czech Currencies Gain in Emerging Markets

ABS News Service

4512

US Fiscal Woes Cast Shadow Over IMF Annual Meeting

ABS News Service

4513

Chinese Man Jailed for Life for Oil Made From Waste

ABS News Service

4514

New CESTAT Benches at Hyderabad, Chandigarh, Allahabad at Rs. 10 crs per Year

ABS News Service

4515

Provisional Anti-dumping Duty Imposed on Methylene Chloride from EU, USA and Korea

24-ADD/21.10.2013

4516

Service Tax Exempted on Food and Beverages Served by Canteens Maintained in a Factory

14-ST/22.10.2013

4517

Rupee Value under Indo-USSR Deferred Payment Protocol Revised to Rs. 83.819978 w.e.f. 17 Oct 2013

64-RBI/22.10.2013

4518

LCS Petrapole/Benapole and Agartala Port Notified for Import of New Motorcycles

46-Ntfn(RE)/23.10.2013

4519

332 Items Identified in 5% Plus Export Decline in 2012-13 Period for Refixation of Annual Export Obligation

07-Pol.Cir/23.10.2013

4520

Finished Leather Inputs SIONs for Hide of Cow, Buffalo, Skin of Goat and Sheep Amended

32-PN(RE)/23.10.2013

4521

Imported Onion Allowed to be Fumigated in India: Norm Extended Till November End

PIB (MoA) Press Release dated 23rd October 2013

4522

Procedure for Closure of EO Default Cases

08-Pol.Cir/25.10.2013

4523

Red Sanders Wood Export Quota of 9784.1363 MTs Released

47-Ntfn(RE)/24.10.2013

4524

Rs. 155 per Sqm Dumping Duty Imposed on Foshan Qiangbiao Ceramic and Sheenway Corpn in Vitrified Porcelain Tiles Case

25-ADD/22.10.2013

4525

7-Chloro-1-Cyclopropyl SION Amended

33-PN(RE)/24.10.2013

4526

India Seals China in Border

ABS News Service

4527

Board Calls for Wider Coverage in Local Trade Interaction Bodies

42-CBEC/25.10.2013

4528

Kolkata Income Tax Commissioners as LTU Assessing Officers Notified

13-CE(NT)/25.10.2013

4529

Anti-dumping Investigation of Persulphates Case Extended upto 27 Nov 2013

No. 14/9/2012-DGAD Office Memorandum dated 23 October 2013

4530

India’s Rupee Declines before Federal Reserve Policy Decision

ABS News Service

4531

Indian Wheat Exports Seen at Record on Government Price Cut

ABS News Service

4532

Gold Swings as Investors Weigh Fed Policy Meeting, China

ABS News Service

4533

Indonesia Seen Avoiding Total Ban on Mineral-Ore Exports in 2014

ABS News Service

4534

Palm Oil Extends Rally to Eight-Month High on Supply Concerns

ABS News Service

4535

Merkel Signals Support for ETS “Backloading” Proposal

ABS News Service

4536

Another Five Years for Anti-dumping Duty on Paracetamol from China in Review

26-ADD/28.10.2013

4537

Five New Pre Shipment Inspection Agencies (PSIA) Notified

34-PN(RE)/29.10.2013

4538

One to One Nexus in Advance Authorisation Input-Output Extended to SEZ and Deemed Export Supplies

48-Ntfn(RE)/30.10.2013

4539

No Protection to Prior Contract Protection under Para 2.4 for One to One Nexus in Advance Authorisation under Para 4.1.15 Inserted on 1 Aug 2013

35-PN(RE)/30.10.2013

4540

Clarification of CENVAT Declaration for Deemed Export Drawback

09-Pol.Cir/30.10.2013

4541

National Anti-Doping Agency Included in Dope Testing Equipment Duty Exemption

Ntfn 48/30.10.2013

4542

Electronic Calculators from China in Anti-dumping Hit List on Complaint of Ajanta Ltd.

Anti-Dumping Initiation Notification F.No.14/19/2013-DGAD dated 18th October 2013

4543

Gold Tariff Value Up by US$24 per 10 gms

106-Cus(NT)/29.10.2013

4544

MEP on Onions Raised to US$1150/MT from US$900/MT

49-Ntfn(RE)/01.11.2013

4545

Tariff Value Up on Silver (US$39/kg), Palmolein (US$31/MT), Crude Palm Oil (US$38/MT), Crude Soyabean Oil (US$54/MT)

Brass Scrap Tariff Value Down by US$93/MT

107-Cus(NT)/31.10.2013

4546

Export Credit of US$19.72mn to Mozambique for Financing of Rural Drinking Project Extension

65-RBI/31.10.2013

4547

Export Credit of US$149.72mn to Mozambique for Financing Rehabilitation of Road

66-RBI/31.10.2013

4548

Export Credit of US$47mn to Mozambique for Financing Construction of 1200 Houses

67-RBI/31.10.2013

4549

Group Company Definition Notified under FDI Policy

68-RBI/01.11.2013

4550

ITA II Talks Resume in Geneva with 25

Phasing Out Tariffs Planned for Sensitive Goods

ABS News Service

4551

Indian Rupee Weakens, Fed Tapering on the Horizon

ABS News Service

4552

Iran Burns Gas as Sanctions Halt Trade

ABS News Service

4553

Dollar Rallies to Seven Week High

ABS News Service

4555

Indonesia Slaps Local Exchange Trading on Tin to Challenge LME

ABS News Service

4556

Indonesia GDP Grows Less Than 6%, Rupiah on the Slide

ABS News Service

4557

Rules of Origin (ROO) for Bali Moves Forward

ABS News Service

4558

Floods in China Cuts Maize Output

ABS News Service

4559

Rupee Falls to 63.10 in Customs Valuation w.e.f. 8 Nov 2013

109-Cus(NT)/07.11.2013

4560

Third Party Payments for Exports Allowed Subject to Tripartite LC

Ditto for Imports with Val Limit $100,000

70-RBI/08.11.2013

4561

Exempt SAD on Basic Plus CVD Exemption Docs, Separate Doc for SAD Exemption not Necessary – CBEC Clarifies in Mobile Phone Parts Case

43-CBEC/08.11.2013

4562

Unlisted Companies Allowed to Raise Capital Abroad for a Period of Two Years without Prior Listing in India

69-RBI/08.11.2013

4563

De Beers and BHP Billiton Name Changed to De Beers Global and Dominion Diamond

71-RBI/08.11.2013

4564

Energy Price Falls 2.5%, Fertilizers 3.8%, Precisous Metals 2.5%; Marginal Jump in Metals, Beverages Price in October

World Bank

4565

Anand Sharma Bats for FTAs in Top Trade Meet, Chidambaram and Krishnamurthy Opposed

PIB (MoC&I) Press Release dated 6th November 2013

4566

Orange-Juice Futures Surge Most in Eight Months on Crop Disease

ABS News Service

4567

Indian Rupee Leads Losses in Asian Currencies on Fed Outlook

ABS News Service

4568

China Export Rises 5.6% in Oct, Global Demand Fix up

ABS News Service

4569

US Revises EU Beef Import Rules

ABS News Service

4570

EU Removes Tariff on Computer Displays Following Defeat at WTO Panel, Prepares for ITA II at Bali Ministerial

ABS News Service

4571

Japan Launches WTO Challenge on Ukraine Safeguard Duties on Passenger Cars

ABS News Service

4572

Kerosene and LPG Exports to Nepal and Bhutan Free of Petro Min Control

50-Ntfn(RE)/11.11.2013

4573

DGFT Releases 10,000 MTs Sugar Quota for EU to ISGEC for Oct 2013 to Sept 2014

GSP and Origin Certificates by Addl. DGFT, EUR Form Endorsement by Customs at Port of Shipment Must

36-PN(RE)/11.11.2013

4574

Anti-dumping Duty on Acrylic Fibre from Korea and Thai Extended by One Year to 19 Nov 2014 - Pending Review

Ntfn 27(ADD)/08.11.2013

4575

No Domestic Diversion of Advance Authorisation for Duty Free Gold for Export

73-RBI/11.11.2013

4576

File FC-TRS Forms for Transfer of Shares from Residents to Non Residents without NOCs, says RBI

72-RBI/11.11.2013

4577

Credit Enhanced Bonds Limit Raised to $5bn

74-RBI/11.11.2013

4578

India Reserves Rise by $6.7bn, Cross $300bn this Fiscal

ABS News Service

4579

Dollar Exports Up by 13.5% in Oct; Import Falls 14.5%

ABS News Service

4580

Rice, Sugar Demand Up in Philippines after Super Typhoon Haiyan

ABS News Service

4581

Sugar Export Quota Raised to 50,000MTs from 25,000 MTs per RC

Online Registration Must

10-Pol.Cir/12.11.2013

4582

Teetwal LCS in Kupwara Notified for Baggage Clearance

108-Cus(NT)/01.11.2013

4583

Tariff Value of Gold Down $23 per 10 gms

110-Cus(NT)/12.11.2013

4584

Anti-dumping Duty on Cable Ties from China and Taiwan Extended upto 30 Oct 2014 in Review

Ntfn 28(ADD)/12.11.2013

4585

Anti-dumping Duty on Phenol from South Africa Extended to 30 Oct 2014 in Review

Ntfn 29(ADD)/12.11.2013

4586

Chidambaram Launches RMS for 11 Customs Stations for Export

ABS News Service

4587

Window Opens for Pulses and Vegetable Oil under Advance Authorization with No Sale Condition – Policy

51-Ntfn(RE)/14.11.2013

4588

Window Opens for Pulses and Vegetable Oil under Advance Authorization with No Sale Condition – Procedure

37-PN(RE)/14.11.2013

4589

Another Five Years of Anti-dumping Duty on Vitamin A Palmitate from China and Switzerland

30-ADD/13.11.2013

4590

Anti-dumping Duty on Diclofenac Sodium from China Extended to 9 April 2014 in Review

31-ADD/13.11.2013

4591

Tariff Value of Brass Scrap Up US$155/MT, Crude Palm Oil $65/MT and Palmolein $60/MT

Silver and Gold Tariff Value Down $66/kg and $3 per 10 gms Respectively

111-Cus(NT)/14.11.2013

4592

Party Decides to Shift China towards Market Economy by 2020

ABS News Service

4593

WTO Limps towards Bali, 12 Nov Deadline Extended to 21 Nov to Ink Deal

ABS News Service

4594

Petroleum and Alcohol to be Kept Out of GST, says Chairman Empowered Committee

ABS News Service

4595

Repeal of Australian Carbon Tax soon under Abbott

ABS News Service

4596

India Softens Stand on Food Subsidies at WTO

ABS News Service

4597

Divide over “Fast Track” Deepens Among US Lawmakers

ABS News Service

4598

Onions Prices Push up Food Price

ABS News Service

4599

Indonesia to Ban Nickel Exports

ABS News Service

4600

Palm Oil Exports from Indonesia Surge to Highest in Eight Months, India, China up Import

ABS News Service

4601

Bitcoins Gain 45 Sold in 2013

ABS News Service

4602

Leather Exports thru ICDs at Chennai, Mumbai and Kolkata Allowed

38-PN(RE)/20.11.2013

4603

Sub-contracting by Very Large SEZs Units in DTA Units Allowed for Three Years

SEZ Instruction No. 78 dated 11.10.2013

4604

Rent a Cab and SEZ Online Services Supply to SEZs in List of 58 for Automatic Service Tax Exemption

SEZ Instruction No. 79 dated 19.11.2013

4605

Online Submission of Data on Issuance of Guarantee/LoC by ADs thru Email in XBRL Platform Only

75-RBI/19.11.2013

4606

Rupee Value under Indo-USSR Deferred Payment Protocols Revised to 86.513657 w.e.f. 18 Nov’13

76-RBI/19.11.2013

4607

Rupee Falls to 63.30 in Customs Valuation w.e.f. 22 Nov 2013

112-Cus(NT)/21.11.2013

4608

SEZ Units to Furnish Form A-3 on Service Tax Every Quarter to Jurisdictional Supdt of Central Excise

15-ST/21.11.2013

4609

Threshold Limit for Mandatory E-payment of Central Excise Duty Slashed Rs. 1 Lakh from Rs. 10 Lakhs

15-CE(NT)/22.11.2013

4610

Amendments in Central Excise Valuation Rules 2000

14-CE(NT)/22.11.2013

4611

Forex Borrowing Relaxation Deadline for Banks Extended to 31 Dec for Transactions in Process

77-RBI/22.11.2013

4612

CBEC Puts up Pavilion in IITF to Garner Service Tax

PIB (MoF) Press Release dated 22nd November 2013

4613

CBEC Issues Service Tax Clarifications after FM Intervenes

PIB (MoF) Press Release dated 25th November 2013

4614

Excise Rules on Valuation of Output for Self Consumption Tightened, Part Valuation Procedure Prescribed

975-CBEC/25.11.2013

4615

Threshold Limit for Mandatory E-payment of Service Tax Slashed to Rs. One Lakh from Rs. 10 Lakhs

16-ST/22.11.2013

4616

CBEC Issues Service Tax Clarification after FM Intervenes

174-ST/25.11.2013

4617

Iran Agrees to Nuclear Curbs for $7bn Relief in Sanctions, Freeze on $4.2bn Assets Lifted

ABS News Service

4618

“Peace Clause” for India to Apply until 2017 – Pak Opposes

ABS News Service

4619

Pre Bali Talks for WTO Accord Fail in Geneva

ABS News Service

4620

ITA Expansion by 250 Additions in Final Bali Push, China Holds Out on 60

ABS News Service

4621

Revised GPA: Entry into Force Expected in Early 2014 with 2/3rd Ratification

ABS News Service

4622

Hopes Dim for US “Fast Track” Renewal in 2013

ABS News Service

4623

EU, Japan Aim to Speed Up Trade Talks

ABS News Service

4624

Zero Additional Duty on Bangladesh Jute Products

113-Cus(NT)/27.11.2013

4625

R.K. Singla Appointed as DG China Specific Safeguards and General Safeguards in Place of Ram Tirath

114-Cus(NT)/27.11.2013, 115-Cus(NT)/27.11.2013

4626

Excise Exemption on Relabeling of Scheduled Drug Formulations Extended upto 90 Days from 30 Days

29-CE/26.11.2013

4627

Global Consortium for Inter Border Trade Notified as Pre-shipment Inspection Agency

39-PN(RE)/26.11.2013

4628

Reduction in Threshold Limit for Mandatory E-Payment of Central Excise Duty and Service Tax

PIB (MoF) Press Release dated 27th November 2013

4629

Mandatory use of Jute in Packaging for the Jute year 2013-14

PIB (CCEA) Press Release dated 28th November 2013

4630

One Time Facility for Regularization of Export Obligation Default Cases

02-TN/27.11.2013

4631

Cabinet Approves Proposal for Extension of Rice and Paddy Central Order for One More Year

PIB Press Release dated 28th November 2013

4632

CBEC Pavilion Received Bronze Medal for Excellence in Display at 33rd Indian International Trade Fair, 2013

PIB (MoF) Press Release dated 28th November 2013

4633

Tariff Value of Gold and Silver Down $9/10 gms and $30/kg Respectively

Poppy Seeds Tariff Value Up US$225/MTs

Palmolein Down US$8/MTs; Brass Scrap US$89/MTs

116-Cus(NT)/29.11.2013

4634

On Ministerial Eve, India Stands Alone in Bali

ABS News Service

4635

e-BRC Project Wins 2013 eASIA Award

PIB (MoC&I) Press Release dated 2nd December 2013

4636

India Talks Tough at WTO Bali Ministerial Meet

‘Food Security for 4 bn World Non Negotiable’, Says Anand Sharma

ABS News Service

4637

Bali Meeting Seeks to Save Deal on World Trade

ABS News Service

4638

Zero Duty on Anti Tuberculosis Drugs, Diagnostic and Eqpts Import upto 1 Oct 2015

Ntfn 49/29.11.2013

4639

Zero Excise on Anti Tuberculosis Drugs, Diagnostic and Eqpts Import upto 1 Oct 2015

30-CE/29.11.2013

4640

10 Narcotics Drugs and Psychotropic Substances Export Permitted Subject to NOC from Narcotics Commissioner

55-Ntfn(RE)/03.12.2013

4641

Anti-dumping Duty on Polypropylene – Entries Relating to Oman in Notification Omitted

32-ADD/02.12.2013

4642

Value Added Products of Red Sanders Wood Chips, Powder, Furniture, Toys, Dolls and Handicrafts Export Restricted

54-Ntfn(RE)/03.12.2013

4643

Value Added Products of Red Sanders Wood Quota of 1998.5917 MTs for AP Govt Released

42-PN(RE)/03.12.2013

4644

Human Embryo Import Allowed Freely Subject to NOC from Indian Council of Medical Research

52-Ntfn(RE)/02.12.2013

4645

MEP of Rs. 288/kg on Broken Cashew Kernel and Rs. 400/kg on Cashew Kernel Whole Notified

53-Ntfn(RE)/02.12.2013

4646

Beta Picoline Input Quantity under Nicotinic Acid/Niacin SION Reduced to 0.9 kg from 1.2 kg

41-PN(RE)/02.12.2013

4647

Beta Picoline Input Quantity under Cyanopyridine SION Reduced to 1.05 kg from 1.21 kg

40-PN(RE)/02.12.2013

4648

Anand Sharma Meets China and EU for ‘Balanced Package’ at Bali

Holds Bilateral with Counterparts at WTO Bali Ministerial

ABS News Service

4649

Indonesia-Sri Lanka Talk Wheat and Tea Trade

ABS News Service

4650

Brazil Ethanol Exports Threatened by 68% Cut in US Biofuel Mandate

ABS News Service

4651

Brazilian Raw Sugar Discount Widens on Harvest, Indian Shipments

ABS News Service

4652

Raw Sugar Extends Longest Slump since August 2012 on Supply Glut

ABS News Service

4653

Indian Sugar Pricing Plan Seen Reviving Nation’s Mills

ABS News Service

4654

Cabinet Approves Proposal for Extension of Rice and Paddy Central Order for One More Year

ABS News Service

4655

Its Food Stock Subsidies to “Make or Break” Bali Trade

ABS News Service

4656

Rupee Gains to 62.30 for Customs Valuation on Imports w.e.f. 6 Dec 2013

117-Cus(NT)/05.12.2013

4657

RBI Permits ECB by Holding Companies for Special Purpose Vehicles in the Infrastructure Projects

78-RBI/03.12.2013

4658

WTO Reaches Its First Ever Trade Deal at Bali Meeting

·   The Draft Bali Ministerial Declaration

·   TRIPS Non-violation and Situation Complaints

·   Electronic Commerce

·   Small Economies

·   Aid for Trade

·   Trade and Transfer of Technology

·   Trade Facilitation

·   General Services

·   Food Security

·   Understanding on Tariff Rate Quota Administration Provisions of Agricultural Products, as Defined in Article 2 of the Agreement on Agriculture

·   Export Competition

·   Cotton

·   Preferential Rules of Origin for Least-Developed Countries

·   Operationalization of the Waiver Concerning Preferential Treatment to Services and Service Suppliers of Least-Developed Countries

·   Duty-Free and Quota-Free Market Access for Least-Developed Countries

·   Monitoring Mechanism on Special and Differential Treatment

ABS News Service

4659

Commodity Price Falls 0.9% to 2.2% in November

World Bank

4660

Historic Bali Deal to Spring WTO, Global Economy Ahead

ABS News Service

4661

China Raises Ship-Scrapping Subsidy 50% to Trim Glut of Vessels

ABS News Service

4662

Dimethylamine Hydrochloride, Sodium Cyanide and Sodium Fluoride Export Restricted

56-Ntfn(RE)/12.12.2013

4663

Extension of Warehousing and Acceptance of LUT for Export Warehousing for Status Holder Manufacturer Exporters

976-CBEC/12.12.2013

4664

Chidambaram Asks DRI to Focus on Better Trade Facilitation and Latest Technology

PIB (MoF) Press Release dated 12th December 2013

4665

Vizag Port Trust Upgrades Facility at Inner Harbor for Handling Iron Ore

PIB (MoS) Press Release dated 12th December 2013

4666

India-UAE Sings BIPPA

PIB (MoF) Press Release dated 12th December 2013

4667

Cabinet Approves MSP for Copra

PIB (CCEA) Press Release dated 12th December 2013

4668

HC Asks I-T to Release Nokia Chennai Plant

ABS News Service

4669

Tariff Value of Gold Down US$7/10 gms; Crude Soyabean Oil US$30/MT

Poppy Seeds Tariff Value Up US$373/MT; Areca Nuts US$109/MT; Brass Scrap US$24/MT and Palmolein US$5/MTs

130-Cus(NT)/13.12.2013

4670

CBEC Issues Clarification on Service Tax Voluntary Compliance Scheme

F. No. B1/19/2013-TRU (Pt.) dated 11th December 2013

4671

Export Credit of US$30.94mn to Laos for Development of Irrigation Systems

79-RBI/06.12.2013

4672

Yen Gains from 5-Year Low before Fed Starts Meeting; Euro Climbs

ABS News Service

4673

EU, China Crackdown on Bitcoins

ABS News Service

4674

Bitcoins Fail Currency Test in Norway

ABS News Service

4675

Uruguay Legalizes Marijuana

ABS News Service

4676

Couriers, Transporters Gain from TF at WTO

ABS News Service

4677

Duty Cuts of .5% to 8.89% in Indo-Singapore FTA

Ntfn 50/16.12.2013

4678

MEP on Onion Cut to US$800/MT from US$1150/MT

57-Ntfn(RE)/16.12.2013

4679

Rupee Value under Indo-USSR Deferred Payment Protocols Revised to Rs. 83.564155 w.e.f. 12 Dec ’13

80-RBI/16.12.2013

4680

Mumbai High Court Judgement on Refund Cases

CBEC Instruction  dated 11.12.2013

4681

Trans Pacific 12 Nation Partnership Meet in Singapore for WTO Plus Deal - Talks to Continue in 2014

ABS News Service

4682

“Fast Track” Legislation Slips into Slow Lane

ABS News Service

4683

China Challenges US at WTO on Dumping Methodology

ABS News Service

4684

Ambassador Siddiqui to Leave USTR

ABS News Service

4685

China Raises Ship-Scrapping Subsidy 50% to Trim Glut of Vessels

ABS News Service

4686

Group Company Definition Widened

Limited Liability Partnerships (LLPs) Included in the Definition

58-Ntfn(RE)/18.12.2013

4687

DGFT to Reconsider Ban on Captive Power Plants under EPCG – Invites Views from Trade

08-TN/17.12.2013

4688

DGFT Places Six Pharma SION under Sunset Review

43-PN(RE)/16.12.2013

4689

CBEC Clarifies that Non Filing of Appeal on Ground of Low Value should not Mean that Department has Accepted Original Order

CBEC Instruction dated 12th December 2013

4690

GoI Approves $50bn Swap with Japs

ABS News Service

4691

G-20 Trade Restrictions Increase as Trade Flows Slow Down, says WTO Report

ABS News Service

4692

Union Cabinet Approves Stands taken by India at Bali Ministerial

PIB (Cabinet) Press Release dated 19th December 2013

4693

Rupee Falls to 62.90 for Customs Valuation on Import w.e.f. 20 Dec 2013

131-Cus(NT)/19.12.2013

4694

DGAD Issues Guidelines on Submitting ‘Confidential Information’ for Anti-dumping Investigation

DGAD Trade Notice No. 01 dated 9th December 2013

4695

DGFT Invites Comments on Modified Online IEC Application Process with only Rs. 250 for Online Application

·      Only PAN Number and Bank Certificate Required

·      Mobile and Email Ids to be Confirmed

DGFT Website

4696

MEP on Onions Cut to US$350/MTs from US$800/MTs

59-Ntfn(RE)/19.12.2013

4697

Inter Ministerial Committee Fixes Onion MEP to Promote Export

PIB (MoC&I] Press Release dated 19th December 2013

4698

CCEA Approves Continuation of Free Export of Sugar without QRs

PIB (CCEA) Press Release dated 19th December 2013

4699

Interest Free Loans to Sugar Mills, More Farmer Subsidies, Steps to Boost Sugar Consumption

ABS News Service

4700

Tapering of Securities Purchases Policy to $75bn per Month from $85bn

PIB (MoF) Press Release dated 19th December 2013

4701

Cabinet Committee Approves National Programme for Bovine Breeding and Dairy Development

PIB (CCEA) Press Release dated 19th December 2013

4702

Obama to Veto US Senators Bill for Iran Sanctions

ABS News Service

4703

Obama to Sign First Budget by Divided Congress Since 1986

ABS News Service

4704

Natural Rubber Duty Raised to the Lower of 20% or Rs. 30 per kg from 20% or Rs. 20 per kg

Ntfn 51/20.12.2013

4705

Workers Remittances well above FDI, Aid and Donations

ABS News Service

4706

New Customs Form for Incoming Passengers from New Year, No Immigration Form

ABS News Service

4707

CBEC Revises Unit Quantity Code in Customs Tariff Schedule

·      Many Quantities Falls in Kgs Change to Numbers

·      Comments Invited by Tariff Unit by 15 January on Draft

CBEC Draft Circular dated 23rd December 2013

4708

Distribution of Input Service Credit by Input Service Distributors Draft Circular – CBEC Invites Comment

CBEC Draft Circular dated 17th December 2013

4709

Wood Charcoal Exports to Bhutan Permitted

60-Ntfn(RE)/23.12.2013

4710

Sheet Glass from China under Anti-dumping Investigation on Complaint of Bharat Glass Tube Ltd.

Anti-dumping Initiation Notification No.14/22/2013-DGAD dated 20th December 2013

4711

Borrowing and Lending in Rupees - Investments by Persons Resident Outside India in the Tax Free, Secured, Redeemable, Non-convertible Bonds

81-RBI/24.12.2013

4712

MEP on Onions Cut to US$150 from US$350/MTs

Great Fall from $900 on 14 Aug 2013

61-Ntfn(RE)/26.12.2013

4713

Integrated Check Post at Petrapole in 2014

PIB (Ministry of Textiles) Press Release dated 24th December 2013

4714

RBI Clamps Down on Bitcoin Virtual Currency

ABS News Service

4715

Apple for Sales Ban on Samsung Galaxy Smart Phones Series

ABS News Service

4716

Service Tax Offices Remain Open on 28 and 29 Dec

ABS News Service

4717

AAM AADMI at Ramlila Maidan in Delhi

ABS News Service

4718

Revenue Adds Four New Categories for Exclusion of FMS Benefits

(Impact: Amendment may Kill Floating Stock of FMS Scrips in the Four Categories. Editor’s Suggestion: Let DGFT Policy Work Independently).

Ntfn 52/26.12.2013

31-CE/26.12.2013

17-ST/27.12.2013

4719

Zero Customs Duty for Kameng Hydro Electric Power Project at Arunachal Pradesh

Ntfn 53/26.12.2013

4720

Zero Excise Duty for Kameng Hydro Electric Power Project at Arunachal Pradesh

32-CE/26.12.2013

4721

SAD Exemption on Stock Transfers from SEZ to DTA Withdrawn

·      CBEC Issues Clarification on Notification 45/2005

·      FTWZ Clearances Affected – Past Clearances may be reopened

·      Trade Asks CBEC to Put SAD Refund Procedure in Place

44-CBEC/30.12.2013

4722

Final Findings Date in Steel Pipes Safeguard Case Pushed Back by Three Months to 21 March 2014

132-Cus(NT)/27.12.2013

4723

Electronic Procedure for Authorizations for Export of Dimethylamine Hcl, Sodium Cyanide and Sodium Fluoride

11-Pol.Cir/30.12.2013

4724

Manual Procedure for Inputs in Shipping Bill in Special Cases

Additional DGFT Mumbai Trade Notice No. 04 dated 27th December 2013

4725

Only Scrutinized Applications for IEC Please, says Mumbai ZDGFT

Additional DGFT Mumbai Trade Notice No. 03 dated 18th December 2013

4726

China Commerce Minister: Optimistic About 2014 Exports

ABS News Service

4727

Palm Poised for First Annual Gain Since 2010 as Demand Surges

ABS News Service

4728

Sunset for Worst Year for Gold and Silver

ABS News Service

4729

Customs Declaration for Baggage Postponed by Three Months

Implementation Date from New Year Shifted to New Financial Year

133-Cus(NT)/30.12.2013

4730

Tariff Value of Gold Down $6/10 gms, Silver $5/kg; Crude Soyabean Oil $37/MTs, Palmolein $29/MTs, Palm Oil US$20-25/MTs

Brass Scrap Tariff Value Up US$10/MT, Poppy Seeds US$41/MTs

134-Cus(NT)/31.12.2013

4731

Aam Aadmi Party Government Simplifies VAT Filing System

ABS News Service

4732

CBEC Gets Two More Women Members

ABS News Service

4734

Anti-dumping Duty Raised on Vietnamese DVDs in Review

34-ADD/31.12.2013

4735

Another Five Years of Anti-dumping on Phosphoric Acid from China – Duty Raised in Review

33-ADD/31.12.2013

4736

Inputs Quantity Cut Against Amino Methyl SION

44-PN(RE)/30.12.2013

4737

Board Crack Down on Sub Contracting by Cargo Service Providers – Commissioner Permission Must

45-CBEC/31.12.2013

4738

Indo-Japan CEPA Concessional Duty

Duty Slashed on Engines of 250cc Plus and Gear Boxes and Parts

Ntfn 55/31.12.2013

4739

Indo-Korea CEPA General Duty on 966 Items – Quarter to 5 percent Cut

Ntfn 54/31.12.2013

4740

One to Five percent Duty Cut on 709 Items in Indo-Malaysia PTA

Ntfn 56/31.12.2013

4741

Indo-ASEAN FTA Duty One to Five percent Cut

Ntfn 57/31.12.2013

4742

Importer Recognize as First Stage Dealer for Issue of CENVAT Credit Documents, Excise Registration Required

17 and 18-CE(NT)/31.12.2013

4745

Tariff Value of Cosmetics under MRP Based Assessment Fixed on Retail Transaction Value Basis

16-CE(NT)/31.12.2013