Daily Index of Changes
Year 2015
|
DINDEX Code
|
Topics
|
Notification No./Date/Source
|
5652
|
Concessional
Duty of 10% Excise on Machinery, Consumer Durables and Electronics Expires on
31 Dec
Auto
Industry Cut to 8% too Goes
Normal
Duty of 12% to Apply from 1 Jan in New Year
|
ABS News
Service/01.01.2015
|
5653
|
BRICs
Busted as Stocks in Russia, Brazil Crash
Outlook
on Chindia Bright in 2015
|
ABS News
Service/01.01.2015
|
5654
|
Abe Offers Tax Cuts
to Boost Wages and Savings, Promises 30% Tax Rate in Five Years
|
ABS News
Service/01.01.2015
|
5655
|
Islamist Attack
Libya’s Largest Oil Terminal
|
ABS News
Service/01.01.2015
|
5656
|
Euro Falls to Two-Year Low of $1.21 as Yen
Advances
|
ABS News
Service/01.01.2015
|
5657
|
Malaysia Floods Push Up
Rubber, Palm Oil
|
ABS News
Service/01.01.2015
|
5660
|
Excise Hike of Rs. 2
on Petrol, Diesel from 2 Jan
Oil Marketing Cos
Reap Windfall Gain Due to Halving of Crude Price
|
01-CE/01.01.2015
|
5666
|
Euro Falls Rs. 1.65 in Exchange Rates for
Customs Valuation w.e.f. 2 Jan 2015
|
01-Cus(NT)/01.01.2015
|
5667
|
FTP
2009-14 to Continue Till 31st March 2015, says FIEO President
Quoting Sources
Pleads
for Retrospective Renewal of Interest Subvention Scheme
|
ABS News
Service/02.01.2015
|
5669
|
GPS Import only with IMEI Number
|
105-Ntfn(RE)/01.01.2015
|
5670
|
Insecticide
Import for Non Insecticide use Subject to DAC Import Permit and Conditions
Insecticide
for Insecticide use Required Registration from DAC
|
106-Ntfn(RE)/01.01.2015
|
5671
|
Duty Cuts of 0.28 to
8.89 in Indo-Singapore FTA
|
Ntfn 01/05.01.2015
|
5672
|
DGFT Postpones 1 Jan Date for
Compulsory Online IEC Applications Submission
·
Manual System for IEC to Continue, Technical
Glitches Force Postponement of Compulsory Online Filing
·
New Date to be Notified
|
80-PN(RE)/06.01.2015
|
5673
|
Anti-dumping Duty on SDH Transmission
Equipments from China and Israel Extended upto 7 Dec 2015 for Review Action
|
01-ADD/05.01.2015
|
5675
|
Guidelines for Security Charge on ECB
Borrowings
|
55-RBI/01.01.2015
|
5679
|
Oil Drops below $50,
U.S. Stockpiles Rise
|
ABS News
Service/08.01.2015
|
5680
|
No Demand for Cheap
Euro at $1.18, Minus Interest Rate on Deposits, Bond Yields Negative
|
ABS News
Service/08.01.2015
|
5681
|
Gold Advances Best Run Since October
|
ABS News
Service/08.01.2015
|
5682
|
China Puts up $1tn in
Next Two Years to Push Growth
|
ABS News
Service/08.01.2015
|
5683
|
Fast Track Indian Citizenship in OCI
Route, PIO to become OCI
|
ABS News
Service/08.01.2015
|
5684
|
SEZ
Allowed Dual Use of Duty Paid Non Processing Area for Housing (25%) and
Commercial (10%) Area
Lease
Sale Permitted
|
MoC&I Gazette
Notification G.S.R. 5(E) dated 2nd January 2015
|
5685
|
Duty Free Natural Rubber in AA must be
Exported within Six Months of Import
|
81-PN(RE)/09.01.2015
|
5686
|
Zero Customs Duty on Bunker Fuels for use
in Indian Flag Vessels for Carrying Cargo Allowed without Time Limit
|
Ntfn 03/07.01.2015
|
5687
|
Zero Excise Duty on Bunker Fuels for use
in Indian Flag Vessels for Carrying Cargo Allowed without Time Limit
|
02-CE/07.01.2015
|
5688
|
Srinagar (Tripura) LCS in Indo-BDesh
Border Haat Notified for Zero Duty Local Produce Import
|
Ntfn 02/06.01.2015
|
5689
|
Anti-dumping Duty on Melamine from China
Extended for One More Year for Review
|
02-ADD/07.01.2015
|
5690
|
Mandatory
Pre-deposit of Duty or Penalty for Filing Appeal before CESTAT
CBEC Issues Uniform
Data Format for e-Register
|
993-CBEC/05.01.2015
|
5691
|
Non-resident
Subsidiaries of MNCs can also Hedge Foreign Currency Exposure thru
Permissible Derivative Contracts Executed with Authorised Bank in India
|
56-RBI/06.01.2015
|
5692
|
Export Credit of
US$144mn to Liberia for Financing Power Transmission and Distribution Project
|
57-RBI/06.01.2015
|
5693
|
Crude
Crashes, NG, Metals, and Edible Oils Fall
Precious Metals,
Urea Gain
|
World Bank
|
5694
|
Board Allows
Packing List in Export/Import Invoice as Measure of “Simplification”
|
01-CBEC/12.01.2015
|
5695
|
Anti-dumping
Duty of Rs. 200 per Piece on Pen Drives Recommended
Impost
to Spawn Rs. 1100 Cr Grey Market
China,
Taiwan Allege “Sentencing without Hearing and Trial" in Violation of WTO
Rules
Click here for Full
text of Final Findings [F.No. 14/22/2012-DGAD dated 19th December
2014]
|
ABS News
Service/15.01.2015
|
5696
|
MAA (Methyl
Acetoacetate) under Anti Dumping Lens on Complaint of Single Producer
Artificial
Construction of Normal Value for both China and US Adopted
|
Anti-dumping
Initiation Notification No. 14/7/2014-DGAD dated 7th January 2015
|
5697
|
DG
Safeguard Drops Safeguard Duty on Polyol FSP in Final Finding
No
Significant Injury to Manali Petrochem, Single Producer Noticed
|
G S R D-22011/4/2014
dated 13.01.2015
|
5698
|
Bears
Lead Attack on Metal Prices
|
ABS News
Service/15.01.2015
|
5699
|
|
ABS News
Service/15.01.2015
|
5700
|
World
Bank Cuts Global Growth 0.4% to 3% in 2015
|
ABS News
Service/15.01.2015
|
5701
|
Rupee Rises
against Dollar, Euro
Falls Steeply
against Swiss Franc
|
09-Cus(NT)/15.01.2015
|
5702
|
Tariff Value of Gold Rises $9; Silver $24;
Palm Oil $33-36; Palmolein $39 and Crude Soya Bean Oil $51
|
10-Cus(NT)/15.01.2015
|
5703
|
Board Announces
Four Procedural Shipping Simplifications from Customs Side
|
02-CBEC/15.01.2015
|
5704
|
|
58-RBI/14.01.2015
|
5705
|
|
08-Cus(NT)/09.01.2015
|
5706
|
Click here for Full
text of Final Findings [F.No. D-22011/5/2014 dated 15th January
2015]
|
F.No.
D-22011/5/2014 dated 15th January 2015
|
5707
|
SFR Ups 17.4%
to Reach Rs. 72.15 for Import Valuation, Euro and SFR at almost Same Rate!
|
11-Cus(NT)/19.01.2015
|
5708
|
Excise Hike of Rs. 2
Each on Petrol and Diesel from 17 Jan 2015
|
03-CE/16.01.2015
|
5709
|
GSM and CDMA Mobile Handsets with
Duplicate or Fake IMEI Import Prohibited
|
107-Ntfn(RE)/16.01.2015
|
5710
|
Travellers
Allowed to Carry 25k in Rupees
Pak and Bangladesh
Excluded
|
03-CBEC/16.01.2015
|
5711
|
Rough Marble Blocks
Quota Allocation – Monthly Returns by Importers Must
|
12-TN/08.01.2015
|
5712
|
|
82-PN(RE)/15.01.2015
|
5713
|
|
PIB
(MoC&I) Press Release dated 15th January 2015
|
5714
|
|
PIB
(MoC&I) Press Release dated 15th January 2015
|
5715
|
|
PIB (MoC&I) Press
Release dated 16th January 2015
|
5716
|
|
04-CBEC/20.01.2015
|
5717
|
|
01-CE(NT)/20.01.2015
|
5718
|
|
ABS
News Service/23.01.2015
|
5719
|
|
ABS
News Service/23.01.2015
|
5720
|
EU
Allows Mango Import only through APEDA Certified Pack Houses
|
ABS
News Service/23.01.2015
|
5721
|
Poland Rushes to Cut Swiss
Franc Risk, Zloty Crashes 22%
|
ABS
News Service/23.01.2015
|
5722
|
Gold Prices Top $1,300 an
Ounce
|
ABS
News Service/23.01.2015
|
5723
|
Yen Climbs as Abe Slackens
Stimulus; Pound Drops
|
ABS
News Service/23.01.2015
|
5724
|
Obama Puts Hope on Revival of
Growth
|
ABS
News Service/23.01.2015
|
5725
|
US Farm Support Rises to
Proposed Doha Ceiling
|
ABS
News Service/23.01.2015
|
5726
|
Chinese Government Abolishes
Rare Earth Export Quotas
|
ABS
News Service/23.01.2015
|
5727
|
EU Reopens Anti-Dumping Probe
into Chinese-Made Solar Glass
|
ABS
News Service/23.01.2015
|
5728
|
Oil Rises to $49 from Biggest Slide in Week as
Volatility Rises
|
ABS
News Service/23.01.2015
|
5729
|
|
13-Cus(NT)/27.01.2015
|
5730
|
Nepal Travellers
Allowed to Carry Rs. 25K of High Denomination Currency of 500 and 1000 Notes
|
63-RBI/22.01.2015
|
5731
|
|
62-RBI/22.01.2015
|
5732
|
Depository Receipts Scheme 2014 Allows Security Transfer
to Foreign Depositories
|
61-RBI/22.01.2015
|
5733
|
100% FDI Permitted for Construction Development
under Automatic Route
|
60-RBI/22.01.2015
|
5734
|
Proprietary Firms Allowed Overseas Direct
Investment
|
59-RBI/22.01.2015
|
5735
|
ECB Amendment Powers Delegated to Banks
|
64-RBI/23.01.2015
|
5736
|
Export Credit of US$22.50mn to Gambia
|
65-RBI/27.01.2015
|
5637
|
Export Credit of US$100mn to Nigeria for Three
Power Sector Projects
|
66-RBI/27.01.2015
|
5638
|
|
ABS
News Service/30.01.2015
|
5639
|
New India-U.S. Delhi Declaration of Friendship
Emphasizes Defence, Climate Change and Rule Based Markets
|
ABS
News Service/30.01.2015
|
5640
|
|
ABS
News Service/30.01.2015
|
5641
|
India to Appeal against Chicken Legs Panel Ruling
|
ABS
News Service/30.01.2015
|
5642
|
US
Insists on 100% Examination of Cargo for Arms and Nuclear Material
India
to Foot Bill for Machines and Face Cancer Risk from Gamma and Ray Radiation
|
ABS
News Service/30.01.2015
|
5643
|
40 Audit Commissioners with 8000 Staff in Place to
“Nab” Companies Evading Service Tax
|
ABS
News Service/30.01.2015
|
5644
|
Argentina Loses Local
Sourcing Case again in WTO Appellate Forum
|
ABS
News Service/30.01.2015
|
5645
|
Australia Woos India for Free Trade Deal, Energy
in Forefront
|
ABS
News Service/30.01.2015
|
5646
|
Greece under Left Rule, may Desert Euro Zone or
Seek Debt Write Down
|
ABS
News Service/30.01.2015
|
5647
|
Board Says No
Anti-dumping Duty after Five Years of Notification Issue
·
Only Exception in Review Initiated before
Notification Expiry
|
05-CBEC/28.01.2015
|
5648
|
|
04-CE/30.01.2015
|
5649
|
|
16-Cus(NT)/30.01.2015
|
5650
|
CBEC
Orders Summons Issue only as Last Resort
|
CBEC
Instruction/20.01.2015
|
5651
|
Tariff Value of
Gold Rises $11; Silver $25
Tariff Value of
Brass Scrap Falls $160/MTs; Palm Oil $22-24/MTs; Palmolein $15 and Crude Soya
Bean Oil $30/MTs
|
15-Cus(NT)/30.01.2015
|
5652
|
Money Laundering Update
|
68-RBI/28.01.2015
|
5653
|
Cross Border Inward Remittance under Money
Transfer Services Scheme (MTSS)
|
67-RBI/28.01.2015
|
5654
|
Online Filing of
IEC from 1 Feb 2015 with Net Banking
· Manual
Option Remains Open
|
83-PN(RE)/30.01.2015
|
5655
|
|
17-Pol.Cir/30.01.2015
|
5656
|
|
17-Cus(NT)/03.02.2015
|
5657
|
|
ABS
News Service/05.02.2015
|
5658
|
|
ABS
News Service/05.02.2015
|
5659
|
|
ABS
News Service/05.02.2015
|
5660
|
|
ABS
News Service/05.02.2015
|
5661
|
|
ABS
News Service/05.02.2015
|
5662
|
|
ABS
News Service/05.02.2015
|
5663
|
|
ABS
News Service/05.02.2015
|
5664
|
|
ABS
News Service/05.02.2015
|
5665
|
|
ABS
News Service/05.02.2015
|
5666
|
|
ABS
News Service/05.02.2015
|
5667
|
|
108-Ntfn(RE)/06.02.2015
|
5668
|
|
18-Cus(NT)/05.02.2015
|
5669
|
|
D.O.F.
No.296/51/2012-CX.9 dated 21st January 2015
|
5670
|
|
ABS
News Service/07.02.2015
|
5671
|
|
109-Ntfn(RE)/06.02.2015
|
5672
|
|
110-Ntfn(RE)/06.02.2015
|
5673
|
|
111-Ntfn(RE)/06.02.2015
|
5674
|
Crude
Crashes, NG, Coal, Metals, and Edible Oils Fall
|
World
Bank
|
5675
|
Export Credit of
US$62.95mn to Senegal
|
69-RBI/02.02.2015
|
5676
|
|
84-PN(RE)/10.02.2015
|
5677
|
|
04-PN/06.02.2015
|
5678
|
|
03-ADD/10.02.2015
|
5679
|
24x7
Customs Clearance for Exports at Air Cargo Complex – Four Batches in Two
Shift Operation
|
Air Cargo Complex Trade
Facilitation Notice
|
5680
|
|
02-PN/21.01.2015
|
5681
|
100% FDI
in Automatic Route Medical Devices Permitted for Brownfield Cases also
Special Carve out
in Pharma Policy Introduced
|
70-RBI/02.02.2015
|
5682
|
FII by Foreign Portfolio Investors –
Minimum Residual Maturity of Three Years in Debt Market Required
|
71-RBI/03.02.2015
|
5683
|
FPI in Commercial Paper not Required
|
73-RBI/06.02.2015
|
5684
|
Investment in Govt Securities by FPIs
Permitted
|
72-RBI/05.02.2015
|
5685
|
India
Files Appeal against WTO Panel Ruling in Chicken Legs Case
|
ABS
News Service/12.02.2015
|
5686
|
|
ABS
News Service/12.02.2015
|
5687
|
Top
100 HSBC Account Holders in Secret Accounts in FEMA/Money Laundering Net
|
ABS
News Service/12.02.2015
|
5688
|
|
Anti-dumping
Initiation Notification F.No.14/9/2014-DGAD dated 9th
February 2015
|
5689
|
KYC Norms for
Courier Clearance
· Proof
of Identity and Proof of Address Must
|
07-CBEC/12.02.2015
|
5690
|
|
06-CBEC/11.02.2015
|
5691
|
|
21-Cus(NT)/10.02.2015
|
5692
|
|
20-Cus(NT)/10.02.2015
|
5693
|
Tariff Value of
Crude Soyabean Oil Crashes by $72; Brass Scrap $53; Palmolein $5; Crude Palm
Oil $12; Gold $15; Silver $17
Areca Nuts
Rises $97
|
22-Cus(NT)/13.02.2015
|
5694
|
|
85-PN(RE)/13.02.2015
|
5695
|
Anti-dumping Duty
from $278 to $922 per tonne on Graphite Electrodes from China in Final
Findings
|
04-ADD/13.02.2015
|
5696
|
|
994-CBEC/10.02.2015
|
5697
|
|
02-CE(NT)/10.02.2015
|
5698
|
|
02-ST/10.02.2015
|
5699
|
Multiple
Importer Exporter Code against Single PAN to be Deactivated from 1 April 2015
Exporters
Exhorted to Retain Single IE Code before D Day
|
87-PN(RE)/17.02.2015
|
5700
|
Harmonised Code Corrections in VKGUY Products
with One Year Retrospective Effect from Date of Mistake
|
86-PN(RE)/16.02.2015
|
5701
|
Urea Import under Urea Off-take Agreement
between India and Oman-India Fertilizer Co. S.A.O.C
|
Ntfn
04/16.02.2015
|
5702
|
Exports Fall $3bn in
Jan’15 over Jan’14
|
ABS
News Service/16.02.2015
|
5703
|
Crude Leads Import Fall of 11.4% in Jan’15 over
Jan’14, Diamond Falls, Intermediates Rise Substantially
|
ABS
News Service/16.02.2015
|
5704
|
Commodities
Exports Falls in Jan 2015
Iron
Ore, Petro Products Crash
|
ABS
News Service/16.02.2015
|
5705
|
FIEO
Chief Says Exporters Uncertain on Future
FTP
Delayed by Nearly One Year
|
ABS
News Service/16.02.2015
|
5706
|
US
Launches Open Challenge to China “Free Services” to Exporters at WTO
150
Clusters Across Seven Sectors under Attack
|
ABS
News Service/19.02.2015
|
5707
|
G20 Fin Ministers
Meet in Istanbul, Exchange Fluctuations, Stimulus and Fall in Oil Prices
|
ABS
News Service/19.02.2015
|
5708
|
China Open External Borrowings, Copper
Trade Financing Falls
|
ABS
News Service/19.02.2015
|
5709
|
Rupee Falls to 62.80 from
62.45 for Customs Valuation on Imports w.e.f. 20 Feb 2015
|
25-Cus(NT)/19.02.2015
|
5710
|
Anti-dumping Duty on Acetone
from Korea to Continue for Five More Years – Duty Raised to $79.75/MT in
Review
|
05-ADD/18.02.2015
|
5711
|
Budget
Officers Go Underground after Halwa Ceremony
|
PIB (MoF) Press Release dated 19th
February 2015
|
5712
|
Potato Export Shifted to Free List, MEP
Withdrawn
|
112-Ntfn(RE)/20.02.2015
|
5713
|
A-1 Form for Import
Payments Dispensed, Remittances Allowed Freely Subject to Routine Checks
|
76-RBI/12.02.2015
|
5714
|
DRI Seizes
Rs. 30 Crs Meow Meow Mephedrone
Drug
Inserted in NDPS Act in Feb this Year
|
PIB (Mof) Press Release dated 22nd
February 2015
|
5715
|
Guidelines on Gold Import
· Star
Trading Houses can Import Gold on DP Basis with Free Sale to all Persons
· Banks
Allowed to Import on Consignment
· Gold
Accepted as Collateral Basis
·
Gold Coins Import Allowed but No Retail Sale
by Banks
|
79-RBI/18.02.2015
|
5716
|
Calicut Airport and Melapakkam Village ICD
Notified for Export Promotion
|
Ntfn
05/20.02.2015
|
5717
|
Advance Payment against
Export Orders under RBI Scan
|
74-RBI/09.02.2015
|
5718
|
Fresh FCY-INR Swaps
Allowed after Expiry of Cancelled Swaps
|
78-RBI/13.02.2015
|
5719
|
FDI Reporting on
e-Biz Platform
|
77-RBI/12.02.2015
|
5720
|
Export Credit of
US$22.50mn to Gambia for Electrification Expansion Project
|
75-RBI/11.02.2015
|
5721
|
Bhogat Port for Crude Petroleum Coastal Trade Notified
|
24-Cus(NT)/16.02.2015
|
5722
|
Pipraun, District Madhubani (Bihar) LCS Notified for
Indo-Bangladesh Border Haat
|
23-Cus(NT)/16.02.2015
|
5723
|
Budget 2015 – Tomorrows Headlines Today
|
ABS
News Service/26.02.2015
|
5724
|
Budget
Officers Go Underground after Halwa Ceremony
|
ABS
News Service/26.02.2015
|
5725
|
US,
Guatemala FTA Labour Dispute Advances
|
ABS
News Service/26.02.2015
|
5726
|
OPEC
Members Fight for Market Shares, Say No to Production Cuts
|
ABS
News Service/26.02.2015
|
5727
|
WTO Gives Mixed Ruling in China Anti-dumping
Duty on EU/Japan Stainless Steel Tubes
|
ABS
News Service/26.02.2015
|
5728
|
Russia Taxes Grain Exports to Check Domestic
Prices
|
ABS
News Service/26.02.2015
|
5729
|
Abe Pushes Agricultural Reforms, TPP to Bolster
Third Arrow of Reform Agenda
|
ABS
News Service/26.02.2015
|
5730
|
Ukraine
Currency Falls 11%, Exchange Control in Place
· IMF
Announces $17.5bn Bail Out
·
Country Going Bust with No Money in Sight
|
ABS
News Service/26.02.2015
|
5731
|
WTO Appellate Body Begins Hearings on US
Compliance in COOL Dispute
|
ABS
News Service/26.02.2015
|
5732
|
Transaction and Compliance Costs to Rise
with More Powers to Agencies to “Curb Black Money”
|
ABS
News Service/26.02.2015
|
5733
|
Budget
Money Laundering Amendment to Hit Customs Clearances
Deficient
"False" Declarations on Documents under Sec 132 of Customs Act may
Land Traders in Jail under PMLA!
|
ABS
News Service/12.03.2015
|
5734
|
Institute of Diamond Grading Surat
Notified for Certificate/Grading of Diamonds of 0.25 carats and above
|
113-Ntfn(RE)/02.03.2015
|
5735
|
Tyre Curing Presses
from China – Anti-dumping Duty for One More Year in Review Proceedings
|
06-ADD/03.03.2015
|
5736
|
Rupee Steady for Customs Valuation on Imports w.e.f. 6
March 2015
|
28-Cus(NT)/05.03.2015
|
5737
|
Excise Arrears
can be Paid in 36 Instalments
|
996-CBEC/28.02.2015
|
5738
|
Online Excise
Registration within Two Days on PAN Card
|
997-CBEC/28.02.2015
|
5739
|
Board Orders
Withdrawal of Court Proceedings if Local Adjudication Find Case without Merit
|
998-CBEC/28.02.2015
|
5740
|
Title Transfer is
on LEO Stage in Direct Export Cases
Manufacturer
Handing over Goods to Merchant is also Title Transfer Event
|
999-CBEC/28.02.2015
|
5741
|
Guidelines for Adjudicating
more than Rupees Five Crores by ADG (Adjudication) at DGCEI
|
1000-CBEC/03.03.2015
|
5742
|
Excise
Withdraws “Export” Status on Supplies in India to Duty Free SEZs and World
Bank Projects
|
ABS
News Service/13.03.2015
|
5743
|
LDC
Group Led by Bangladesh for Extension to TRIPS Patent Exemption
Current
Waiver to Expire on 1 Jan 2016
|
ABS
News Service/13.03.2015
|
5744
|
EU
takes Russia to WTO in Fourth Case
Alleges
Violation of Bound Rates on Paper, Palm Oil and Refrigerators
|
ABS
News Service/13.03.2015
|
5745
|
Precious
Metals, NG, Metals, Urea and Edible Oils Fall
Crude
Gains
|
ABS
News Service/13.03.2015
|
5746
|
World
Bank Suggests OPEC Cartel will Dissolve
|
ABS
News Service/13.03.2015
|
5747
|
Libor Plus Ceiling
at 350bps for ECB to Continue Till 31 March 2015
|
80-RBI/03.03.2015
|
5748
|
Ceiling on Libor
Import Credits for Infrastructure to Continue Till 31 March 2015
|
81-RBI/03.03.2015
|
5749
|
Export Credit of
US$34.54mn to Niger for Setting up of Solar Electrification and Solar
Photovoltaic System
|
82-RBI/09.03.2015
|
5750
|
Anti-dumping Duty
of $63/MT Imposed on Sheet Glass from China
Float Glass from
Pak, Saudi and UAE Already on Hit List from Nov 2014
|
07-ADD/13.03.2015
|
5751
|
Safeguard Duty on Saturated Fatty Alcohols
of 20%-18%-12% till Feb 2017 in Final Findings
|
01-SG/13.03.2015
|
5752
|
Kattupalli (Chennai 20) and APM Terminals,
Pipavav Sea Ports Notified for Import of New Vehicles
|
117-Ntfn(RE)/13.03.2015
|
5753
|
Tariff Value
Falls: Gold %18/10 gms; Silver $37/kg; Brass Scrap $13/MTs; Palmolein $8/MTs
Crude Palm Oil
Rises $2/MT
|
30-Cus(NT)/13.03.2015
|
5754
|
Macau
and Hong Kong Citizens Banned from Acquiring Property in India
|
83-RBI/11.03.2015
|
5755
|
Strict on Timely Disposal of Registration Applications
|
D. 0. F. No. 201/24/2013-CX.G dated 3 March 2015
|
5756
|
LDC Concessions
According to New Rules of Origin Notification 29/2015-Cus(NT) dated 10 March
2015
|
Ntfn 12/10.03.2015
|
5757
|
Dept.
of Revenue Issues New Rules of Origin Rules for LDCs
|
29-Cus(NT)/10.03.2015
|
5758
|
DGFT says
only Three Documents Mandatory for Exports and Imports
|
114-Ntfn(RE)/12.03.2015
|
5759
|
List of
Military Stores Require NOC from Dept. of Defence Production for Export
Notified
|
115-Ntfn(RE)/13.03.2015
|
5760
|
40 More New
Items Included in SCOMET List
|
116-Ntfn(RE)/13.03.2015
|
5761
|
List of MoU Signed between India and Mauritius
|
ABS
News Service/18.03.2015
|
5762
|
Rupee Falls to Rs. 63 for Customs Valuation
on Imports w.e.f 20 March 2015
|
32-Cus(NT)/19.03.2015
|
5763
|
Alloy Steel Bars and Rods Import Must
follow BIS Standard
|
08-CBEC/24.03.2015
|
5764
|
Siddhartha Testing, Nepal Delisted as
Preshipment Inspection Agency
|
88-PN(RE)/20.03.2015
|
5765
|
Agri-Infrastructure Incentive Scrip Half Yearly
from October'2013 to
March' 2014 – Deficiencies
in Applications should be Rectified by 27 March
|
02-TN/02.03.2015
|
5766
|
High
Court Quashes Moser Baer Anti-dumping Finding in Pen Drive Case
• DGAD Erred
in Violating Natural Justice
• Revenue Holds Up Notification to Implement
finding of DGAD on Court Order
|
ABS
News Service/27.03.2015
|
5767
|
One
Year after Due Date, Nirmala says Foreign Trade Policy 2014-19 will be
Announced “Soon”
|
ABS
News Service/27.03.2015
|
5768
|
Iran Nuclear Deal could Trigger Fresh Oil Price
Crash
|
ABS
News Service/27.03.2015
|
5769
|
China Rises to Third Largest Arms Exporter in
the World
|
ABS
News Service/27.03.2015
|
5770
|
India-EU April Summit Cancelled – FTA in Limbo
Once Again
|
ABS
News Service/27.03.2015
|
5771
|
Passing Off and Trademark Law
|
ABS
News Service/27.03.2015
|
5772
|
Indonesia Challenges US 20% Anti-dumping Duty on
Art Paper at WTO
|
ABS
News Service/27.03.2015
|
5773
|
Tough Black Money Bill Imposes 120% Burden on
Money Outside India
|
ABS
News Service/28.03.2015
|
5774
|
Plain Cigarette Packaging in UK Soon
|
ABS
News Service/28.03.2015
|
5775
|
China Eyes December Outcome for Asia Trade Deal
|
ABS
News Service/28.03.2015
|
5776
|
African Tripartite FTA in June
|
ABS
News Service/28.03.2015
|
5777
|
Japan’s Exports Rise More Than Forecast,
Supporting Recovery
|
ABS
News Service/28.03.2015
|
5778
|
Stat 5 and Stat 8
Returns to Discontinue from March 2015
|
85-RBI/18.03.2015
|
5779
|
Export Credit of
US$198.96mn to Myanmar for Financing Irrigation Projects
|
86-RBI/23.03.2015
|
5780
|
Foreign
Trade Policy 2015-2020 on April 1
|
ABS News Service/31.03.2015
|
5781
|
Indo-Japan CEPA Concessional Duty on 806 Items
Slashed by 0.5%-9% - New Rate effective from 1 April 2015
|
Ntfn 13/30.03.2015
|
5782
|
Ludhiana
Based SC Ralhan Takes Over from Leather Man Rafeeque Ahmed as FIEO Prez
|
ABS News Service/31.03.2015
|
5783
|
Foreign Trade Policy 2015-2020
Announced on 1 April
DINDEX Editor on CNBC-TV18 immediately after FTP
Announcement
FTP is not “Old Wine in New Bottle” it is “Less
Wine in New Bottle”. Scope FPS Curtailed in Guise of “Rationalisation”.
·
Highlights of the
Foreign Trade Policy 2015-2020
·
Foreign Trade Policy
Statement
·
Foreign Trade Policy [1st
April, 2015 – 31st March, 2020]
·
Handbook of Procedures [1st April, 2015 – 31st March, 2020]
·
Appendices and Aayat
Niryat Forms of Foreign Trade Policy 2015-2020 [1st April, 2015 – 31st
March, 2020]
|
01-Ntfn(RE)/01.04.2015
01-PN(RE)/01.04.2015
|
5784
|
Merchandise
Exports from India Scheme (MEIS)
|
02-PN(RE)/01.04.2015
|
5785
|
Zero Duty on Pulses and Chickpeas Import Extended
Till 1 Oct 2015
|
Ntfn 15/31.03.2015
|
5786
|
Tariff Value
Falls: Poppy Seeds $930/MTs; Brass Scrap $15/MTs; Palmolein $40/MTs; Palm Oil
$30 to 38/MTs; Crude Soya Bean Oil $66/MTs
Gold and Silver
Rises $10 per 10 gms and $31/Kg
|
34-Cus(NT)/31.03.2015
|
5787
|
Antiquities for
Display in Private Museums Allowed at Zero Duty
“Antiquities
Intended for Public Exhibition in a Museum or Art Gallery” replaces “Antiques
intended for Public Exhibition in a Public Museum or National Institution”
|
Ntfn 14/31.03.2015
|
5788
|
Norwegian Kroner
Exchange Rate of Rs. 8.05 for Customs Valuation on Imports w.e.f. 26 March
2015
|
33-Cus(NT)/25.03.2015
|
5789
|
Rupee
Falls to Rs. 63.20 for Customs Valuation on Imports w.e.f 2 April 2015
|
35-Cus(NT)/01.04.2015
|
5790
|
RBI Withdraws Project Export Limit of
US$20mn for Buyer’s Credit on Deferred Payment Terms and Turn Key Projects
from India
|
93-RBI/01.04.2015
|
5791
|
Foreign Exchange
Management (International Financial Services Centre) Regulations 2015
Regulations and
Guidelines on IFSC
|
92-RBI/31.03.2015
|
5792
|
Revised Guidelines to Participation of
Residents in the Exchange Traded Currency Derivatives (ETCD) Market
|
90-RBI/31.03.2015
|
5793
|
Foreign
Portfolio Investors (FPIs) Limit Increased to US$15mn per Exchange in ETCD
Market
|
91-RBI/31.03.2015
|
5794
|
Minister
Sitharaman Releases FTP 2015-2020, Claims New Foreign Trade Policy will
Double Export to $900 bn in 2020
Trade
says New Policy is “Old Wine in New Bottle” or “Less Wine in New Bottle”, Its
Mere Repackaging
|
ABS
News Service/06.04.2015
|
5795
|
NEW
FOREIGN TRADE POLICY (FTP) AIMS 900 BILLION EXPORTS BY 2020
A
BANE OR BOOST?
|
ABS
News Service/06.04.2015
|
5796
|
FSSAI/PQIS in JNPT
and Delhi ICD to give Orders Online Clearance for Imports
Customs Discretion
Goes?
|
09-CBEC/31.03.2015
|
5797
|
Digital Signature Compulsory for Customs
Electronic Filing from 1 April
|
10-CBEC/31.03.2015
|
5798
|
Provisional
Advance Payment for Interest on Export Obligation Default Allowed
|
11-CBEC/01.04.2015
|
5799
|
Customs
Notification on 2015-2020 EPCG Zero Duty Scheme
|
Ntfn 16/01.04.2015
|
5800
|
Post Export
2015-2020 Zero Duty EPCG Duty Scrip Notified
|
Ntfn 17/01.04.2015
|
5801
|
Zero Excise Post Export
2015-2020 EPCG Duty Credit Scrip
|
18-CE/01.04.2015
|
5802
|
Status Holders
Licences to be Separated from EPCG - Customs
|
Ntfn 23/01.04.2015
|
5803
|
Status Holders
Licences to be Separated from EPCG – Excise
|
19-CE/01.04.2015
|
5804
|
Advance
Authorization Scheme under Foreign Trade Policy 2015-2020
|
Ntfn 18/01.04.2015
|
5805
|
Duty Free Import
Authorization under Foreign Trade Policy 2015-2020
|
Ntfn 19/01.04.2015
|
5806
|
Advance Authorization
for Annual Requirement under Foreign Trade Policy 2015-2020
|
Ntfn 20/01.04.2015
|
5807
|
Advance Authorization
for Deemed Export under Foreign Trade Policy 2015-2020
|
Ntfn 21/01.04.2015
|
5808
|
Import of
Prohibited Goods for Export Production under Advance Authorization under
Foreign Trade Policy 2015-2020
|
Ntfn 22/01.04.2015
|
5809
|
Two Horses Pull a Seven Horse Chariot,
Only 2 Members Remain in CBEC
|
ABS News Service/08.04.2015
|
5810
|
Peru Appeals WTO
Panel Ruling in Agricultural Duties Case
|
ABS News Service/08.04.2015
|
|
CUSTOMS
NOTIFICATIONS ON NEW MEIS AND SEIS
|
|
5811
|
Merchandise Exports from India Scheme
(MEIS) Customs Notification – Zero Duty
|
Notification No. 24 / 2015 – Customs dated 8 April
2015
|
5812
|
SEIS Zero Duty Scheme Customs Notification
|
Notification No. 25 / 2015 – Customs dated 8 April
2015
|
|
EXCISE
NOTIFICATIONS ON NEW MEIS AND SEIS
|
|
5813
|
MEIS
Scheme Zero Excise Duty
|
[Notification No. 20 / 2015 – Central Excise dated 8
April 2015
|
5814
|
SEIS Zero Duty Scheme Excise Notification
|
Notification No. 21/ 2015 – Central Excise dated 8
April 2015
|
|
SERVICE
TAX NOTIFICATIONS ON NEW MEIS AND SEIS
|
|
5815
|
Service
Tax on MEIS Exempted
|
Notification No. 10/ 2015 – Service Tax dated 8
April 2015
|
5816
|
Service
Tax on SEIS Exempted
|
Notification No. 11 / 2015 – Service Tax dated 8
April 2015
|
5817
|
Zero
Customs Duty for Airborne Early Warning and Control (AEW&C) Programme
|
Notification No.
26/2015-Customs dated 9 April 2014
|
|
(Previous entry, i.e., SNo. 31A on this
subject lapsed on 5 October 2014)
|
|
5818
|
SAD
Refund Claim Limited to One in a Month by Importers at Customs Station
|
Circular No.
12/2015-Customs dated 9 April 2015
|
5819
|
Anti-dumping
Duty Imposed on PVC Paste Resin from Norway and Mexico for Five Years
|
Notification No.
10/2015-Customs (ADD) dated 7 April 2015
|
5820
|
Anti-dumping
Duty on Flexible Slabstock Polyol from Australia, EU and Singapore
|
Notification No.
09/2015-Customs (ADD) dated 7 April 2015
|
5821
|
Coumarin
Anti-dumping Duty Extended Till 22 March 2016 – Pending Review
|
Notification No.
08/2015-Customs (ADD) dated 7 April 2015
|
5822
|
49%
FDI in Insurance Sector Permitted
|
A.
P. (DIR Series) Circular No.94 dated 8 April, 2015
|
5823
|
Unloading
and Loading of Goods at Khurja (Bulandshahr) ICD Notified
|
Notification No.
36/2015-Customs (N.T.) dated 7 April 2015
|
5824
|
New Pre Shipment Inspection for Metallic
Waste Suspended Till Further Orders, DGFT Working on Practical System with
Low Transaction Cost
|
Public
Notice No.05/2015-20 dated 10 April 2015
|
5825
|
SEIS – List of Eligible Services and Rates
Notified
|
Public Notice No.
3/2015-20 dated 1 April 2015
|
5826
|
Procedure for Implementation of Track and
Trade System for Pharma Exports
|
Public Notice No. 4
/2015-2020 dated 1 April 2015
|
5827
|
MEP on Onions Cut to US$250/MTs from
US$300/MTs
|
Notification No. 2 /2015-2020 dated 7 April 2015
|
5828
|
Commodity
Prices Crashes in March
|
World
Bank Pink Sheet
|
5829
|
Draft
Circular on Procedure for Use of Digital Signature on Records and Invoices
|
Draft
Circular dated 27 March 2015
|
5830
|
Final Anti-dumping Duty on Electrical
Insulators of Glass or Ceramics from China on Complaint of Aditya Birla,
BHEL, IEC, Modern and WSI
|
11-ADD/11.04.2015
|
5831
|
Anti-dumping Duty on DVD Extended by One
More Year for Review under Sec 9A(5) of CTA, 1975 to 11 April 2016, Malaysia
Excluded
|
12-ADD/11.04.2015
|
5832
|
DGFT Backtracks on
New System of Pre-shipment Inspection of Metal Scrap, Old System to Continue
“Till Further Orders”
|
ABS
News Service/15.04.2015
|
5833
|
Sixty Three Commissioners Upgraded to
Principal Commissioner in CBEC
|
ABS
News Service/15.04.2015
|
5834
|
Modi goes Shopping in Paris, Picks
up 36 Rafale Fighters for $200mn(?) each for Delivery in 2017(?)
· Its
Goodbye to Protracted 14 Years Tender Negotiations with ToT and $87mn Price
for Fighter
·
Anil Ambani and Rafale Fighter Jt Venture Soon
to “Make in India”
|
ABS
News Service/15.04.2015
|
5835
|
Legalise Red Sanders
Cultivation for Export Earnings
|
ABS
News Service/15.04.2015
|
5836
|
Service Tax to Continue
at Old Rate of 12.36 percent Till Finance Bill is Passed by Parliament and
Converted to after Presidential Assent
|
183-ST/10.04.2015
|
5837
|
Tariff Value
Falls: Poppy Seeds $215/MTs; Brass Scrap $11/MTs; Areca Nuts $16/MTs; Crude
Soyabean Oil $8/MTs; Silver $19/kg
Tariff Value
Rises: RBD Palm Oil, Crude Palmolein, RBD Palmolein $17/MTs; Crude Palm Oil
$2/MTs; Gold $3/10 gms
|
37-Cus(NT)/15.04.2015
|
5838
|
Customs Clearance
Facilitation Committee (CCFC) on Non Tariff Barriers for Each Seaport and
Airports with Weekly Meets Announced
|
13-CBEC/13.04.2015
|
5839
|
Quota Sugar Export to EU and USA on Free
List Subject to APEDA Control and Ceiling
|
03-Ntfn(RE)/20.04.2015
|
5840
|
DGFT Restores Payment through Demand Draft
of Application Fee under Appendix 2K
|
06-PN(RE)/16.04.2015
|
5841
|
Rupee Rises by 25 paisa to 62.95 against
Dollar for Customs Valuation on Imports w.e.f. 17 April 2015
|
38-Cus(NT)/16.04.2015
|
5842
|
Anti-dumping Duty
on Acetone from Chinese Taipei and Saudi Arabia on Complaint of HOCL – Final
Findings
Thai, Japan, EU,
USA and Korea already in Hit List
|
13-ADD/16.04.2015
|
5843
|
Drawback Rates Reduced to
1.4% from 4% on Zinc Oxide, Drawback Cap Removed
|
40-Cus(NT)/16.04.2015
|
5844
|
Drawback Directorate Prunes
List of Deemed Imported Goods in Export Products under Sec 75 of CTA 1975
|
39-Cus(NT)/16.04.2015
|
5845
|
Meetings Hours 3 to 5 PM at
DGFT Headquarters for Non Officials/ Members of Trade
|
01-TN/20.04.2015
|
5846
|
Anti-dumping Duty on Phenol
from Thailand and Japan Extended for One More Year upto 18 April 2016 for
Review
|
14-ADD/17.04.2015
|
5847
|
CBEC Issues Circular on
Interpretation of Foreign Trade Policy 2015-2020
|
14-CBEC/20.04.2015
|
5848
|
Indiabulls Replaced with RattanIndia in
Mega Power Project List in Customs and Excise Notification
|
Ntfn 27/17.04.2015
22-CE/17.04.2015
|
5849
|
Egypt
Launches Safeguard Investigation on White Sugar
|
ABS News
Service/21.04.2015
|
5850
|
Indonesia,
Russia, Nigeria and India on the Mat at WTO for TRIMs on Local Content
Requirements
|
ABS News
Service/21.04.2015
|
5851
|
Ashok Lahiri
Committee for Reform of Trade and Industry on Tax Laws in Janpath Hotel
Invites Suggestions
|
ABS News
Service/21.04.2015
|
5852
|
Supreme
Court Rules against Notional 1% Addition to Import Value for Loading
Government
to Lose Rs. 750 crs Revenue?
Importers
may File Claims for Past 1% Value Adds
|
ABS News Service/23.04.2015
|
5853
|
Exports in March Fall
21%, Year 2014-15 Ends in Negative Growth
|
ABS News Service/23.04.2015
|
5854
|
CBEC
gets PM Award for IT Excellence
Annual
3bn Visits on Server
|
ABS News Service/23.04.2015
|
5855
|
Anti-dumping Duty on Barium Carbonate from
China Extended for One More Year upto 22 March 2016 for Review
|
15-ADD/22.04.2015
|
5856
|
Anti-dumping Duty on Acetone from Japan
and Thailand Extended for One More Year upto 8 April 2016
|
16-ADD/22.04.2015
|
5857
|
Non Agri Urea Import
Freed from Canalisation
|
04-Ntfn(RE)/28.04.2015
|
5858
|
CBEC Clarifies that DTA to SEZ Supplies to
Qualify for Excise Refunds under Export as Defined in SEZ Act, 2005
|
1001-CBEC/28.04.2015
|
5859
|
China
Pushes AIIB, Jaitley Sets Aside Funds for Lackluster BRICS Bank
AIIB
Shines but No Funds from India
|
ABS News Service/30.04.2015
|
5860
|
Import Licensing Meet at WTO – India on
the Mat
|
ABS News Service/30.04.2015
|
5861
|
Thai Rubber Crashes
after Rice
|
ABS News Service/30.04.2015
|
5862
|
WTO Launches Call for Proposals for 2015
Public Forum on “Trade Works”
|
ABS News Service/30.04.2015
|
5863
|
China Hits at EU on
Poultry Preferences to Brazil and Thailand
|
ABS News Service/30.04.2015
|
5864
|
WTO Welcomes Seychelles as its 161st
Member
|
ABS News Service/30.04.2015
|
5865
|
Banks Must Pay Rs. 9,654 for
Virtual Private Network (VPN) Accounts in e-Biz Portal to National
Informatics Centre Services Inc. (NICSI)
|
95-RBI/17.04.2015
|
5866
|
Budget 2015-16 Reply to Lok Sabha by FM
Jaitley – Changes in Customs, Excise and Service Tax Announced
|
D.O.F.No. 334/5/2015-TRU dated 30 April 2015
|
5867
|
Defence Production for Army, Air Force and
Navy under Excise Net, CVD and SAD Exemption on Parts, Capital Goods and Main
Equipment Withdrawn, CENVAT is Main Instrument Set Off
But CVD and SAD exemption for full equipment import
by Government continues. (Its now cheaper to “Buy in India”. The end of “Make
in India” with a 17.39% duty differential between the two streams! – Ed.)
|
Ntfn 29/30.04.2015
|
5868
|
Excise Duty Exemption to Ordnance
Factories Withdrawn
|
23-CE/30.04.2015
|
5869
|
Customs Duty on Raw, Refined,
White Sugar and Natural Rubber Increased
· Colemanite,
Other Boron Ores and Raw Silk (not thrown) Reduced
·
Digital Still Image Video Cameras (DSC) and
their Parts Exempted
|
Ntfn 28/30.04.2015
|
5870
|
Parts of Computers CVD Exemption only for
Manufacture
|
24-CE/30.04.2015
|
5871
|
Education Cess will also Apply to DTA
Clearances of Excisable Goods from 100% EOU
|
26-CE/30.04.2015;
27-CE/30.04.2015
|
5872
|
Export Duty on Iron Ore Fines Reduced to
10%
|
Ntfn 30/30.04.2015
|
5873
|
Jarda Scented Tobacco Divided into Two
Ranges
|
25-CE/30.04.2015;
13-CE(NT)/30.04.2015
|
5874
|
Education Cess on Goods and Services
Received in Current Year
|
12-CE(NT)/30.04.2015
|
5875
|
Service Tax on Life
Insurance
|
12-ST/30.04.2015
|
5876
|
Euro Rises by Rs. 4 to Reach Rs. 71.45 for
Customs Valuation on Imports w.e.f. 1 May 2015
|
41-Cus(NT)/30.04.2015
|
5877
|
Tariff Value
Falls: Crude and RBD Palmolein $22/MTs; RBD Palm Oil $23/MTs; Crude Palm Oil
$8/MTs
Tariff Value
Rises: Crude Soyabean Oil $26/MTs; Gold and Silver $5/10 gms and $13/kg
|
42-Cus(NT)/30.04.2015
|
5878
|
Merchanting Trade Movement thru Indian to
Nepal and Bhutan Allowed
|
97-RBI/30.04.2015
|
5879
|
Rupee Value under Indo-USSR Deferred
Payment Protocols Revised to Rs. 85.4813 w.e.f. 16 April 2015
|
96-RBI/30.04.2015
|
5880
|
Raw Sugar Import under Duty Free Import
Authorisation (DFIA) Not Allowed
|
05-Ntfn(RE)/01.05.2015
|
5881
|
10,000
MTs White Sugar Export to EU under CXL Quota upto 30 Sept 2015
8424 MTs Raw
Sugar Export to USA under TRQ upto 30 Sept 2015
|
09-PN(RE)/01.05.2015
|
5882
|
Raw Sugar Export Obligation Period Reduced
to Six Months under Advance Authorisation
|
08-PN(RE)/01.05.2015
|
5883
|
Value Limit of Border Trade with China
thru Nathula Raised to Rs. 2 lakh, Gunji and Namgaya Shipkila is Rs. 1 lakh
|
07-PN(RE)/01.05.2015
|
5884
|
Cenvatable
Invoice by Importer/Manufacturer, Commercial Invoice by Dealer in Transit
Sale Cases – CBEC Clarifies
|
1003-CBEC/05.05.2015
|
5885
|
Board Orders Fast Clearance
of Nepal Relief Goods, Chief Commissioner to Open Special Windows
|
CBEC Instruction F.No.
201/03/2015-CX.6 dated 30th April 2015
|
5886
|
NAB Transaction Certificate from 1 June
for Organic Products Export
|
10-PN(RE)/05.05.2015
|
5887
|
Anti-dumping Duty on Polytetrafluoroethylene
(PTFE) from Russia Extended Till 2 May 2016 in Review
|
17-ADD/01.05.2015
|
5888
|
Swiss Franc Exchange Rate of Rs. 68.95 for
Customs Valuation on Imports w.e.f. 6 May 2015
|
43-Cus(NT)/05.05.2015
|
5889
|
India to Sign
Chabahar Port Deal with Iran, Ignoring U.S. Warning against Haste
|
ABS News Service/07.05.2015
|
5890
|
Turkey Launches Safeguard Investigation on
Porcelain and Ceramic Tableware, Kitchenware
|
ABS News Service/07.05.2015
|
5891
|
Azevêdo launches 10th WTO Ministerial
Conference Logo
|
ABS News Service/07.05.2015
|
5892
|
|