- Notification: Customs:
- Amendment in Notification No. 12/2012-Customs dated March 17, 2012 dealing with effective rate of duty on import of goods
The Central Government vide Notification No. 51/2016-Customs dated September 23, 2016 has made amendments in Notification No. 12/2012-Customs dated March 17, 2012 dealing with effective rate of duty on import of goods thereby amending the following-
- In the table
- Insertion of serial number 18A after serial no. 18
| S.No. | Chapter or Heading or sub-heading or tariff item | Description of goods | Standard rate | Additional duty rate | Condition No. |
| (1) | (2) | (3) | (4) | (5) | (6) |
| 18A | 0701 90 00 | Potatoes | 10% | – | – |
- Insertion of serial number 34A after serial no. 34
| S.No. | Chapter or Heading or sub-heading or tariff item | Description of goods | Standard rate | Additional duty rate | Condition No. |
| (1) | (2) | (3) | (4) | (5) | (6) |
| 34A | 1001 19 00 or 1001 99 10 | Wheat | 10% | – | – |
- Substitution of the entry “7.5%” for the entry “12.5%” against serial number 51, in column (4) against clauses (A), (B) and (C) of item II of column (3)
| S.No. | Chapter or Heading or sub-heading or tariff item | Description of goods | Standard rate | Additional duty rate | Condition No. |
| (1) | (2) | (3) | (4) | (5) | (6) |
| 51 | II. The following goods, of edible grade namely,- | ||||
| (A) Crude palm oil falling under heading 1511, having an acid value of 4 or more and total carotenoid (as beta carotene) in the range of 250 mg/kg. to 2500 mg/kg., in loose or bulk form for manufacture of refined oil, refined palmolein, vanaspati, bakery shortening or inter-esterified fats | 7.5% | – | 5 | ||
| (B) Crude Palmolein falling under heading 1511, having an acid value of 4 or more and total carotenoid (as beta carotene) in the range of 500 mg/kg. to 2500 mg/kg., in loose or bulk form for manufacture of refined oil, refined palmolein, vanaspati, bakery shortening or inter-esterified fats | 7.5% | – | 5 | ||
| (C) Fractions of crude palm oil (other than crude palmolein) falling under heading 1511, having an acid value of 2 or more and total carotenoid (as beta carotene) in the range of 500 mg/kg. to 2500 mg/kg., in loose or bulk form | 7.5% | – |
- Substitution of the entry “15%” for the entry “20%” against serial number 59, in column (4)
| S.No. | Chapter or Heading or sub-heading or tariff item | Description of goods | Standard rate | Additional duty rate | Condition No. |
| (1) | (2) | (3) | (4) | (5) | (6) |
| 59 | 1511 90 | All goods | 15% | – | – |
- Insertion of clause (ae)and (af) after clause (ad) in the proviso, after the Table, namely:-
“(ae) the goods specified against serial no. 18 A of the said Table on or after the first day of November, 2016″;
(af) the goods specified against serial no. 34 A of the said Table on or after the first day of March, 2017”.
Read more at: http://www.cbec.gov.in/resources//htdocs-cbec/customs/cs-act/notifications/notfns-2016/cs-tarr2016/cs51-2016.pdf
- Amendment in various Customs notifications
The Central Government vide Notification No. 52/2016-Customs dated September 23, 2016 has made amendments in the following notifications-
| Sl. No. | Notification number and date | Amendments |
| (1) | (2) | (3) |
| 1. | 104/2009-Customs, dated the September 14, 2009, vide number G.S.R. 674(E), dated the September 14, 2009 dealing with exemption to the capital goods imported under Status Holder Incentive Scheme(SHIS) | Omission of the words, brackets, figures and letters “or sub-paragraph (3) of paragraph 2 of notification No. 16 of 2015-Customs, dated the 1st April, 2015 or first proviso to sub-paragraph (1) of paragraph 2 of notification No. 17 of 2015-Customs, dated the 1st April, 2015” in the opening paragraph, in condition (2) |
| 2. | 16/2015-Customs, dated the April 1, 2015, vide number G.S.R. 252(E), dated the April 1, 2015 dealing with implementation of EPCG Scheme under FTP- 2015-2020 | Omission of sub-paragraph (3) of paragraph 2 |
| 3. | 17/2015-Customs, dated the April 1, 2015, vide number G.S.R. 253(E), dated the April 1, 2015 dealing with implementation of Post Export EPCG Scheme under FTP- 2015-2020 | Omission of proviso to sub-paragraph (1) of paragraph 2. |
Read more at: http://www.cbec.gov.in/resources//htdocs-cbec/customs/cs-act/notifications/notfns-2016/cs-tarr2016/cs52-2016.pdf
Trade Notice: FTP:
Clarification in respect of definition of service provider under Common Service Providers in Export Promotion Capital Goods (EPCG) scheme
The Directorate General of Foreign Trade vide Trade Notice No. 18/2016 dated September 23, 2016 has in regard to the issue of whether EPCG authorizations can be issued to a person who does job work for the exporter of goods as a Common Service Provider (CSP) under para 5.02 read with para 1.35 of Foreign Trade Policy (FTP) 2015-20, clarified that in light of specified paragraphs of the FTP-2015-20 and in the context of CSP under the EPCG scheme dealt with in Para 5.02 of the FTP, the definition of service provider includes job workers of the type illustrated in the example below.
Example – there may be multiple garment exporters obtaining services at different stages of garment manufacturing (such as knitting, dyeing, compacting, printing, embroidering, labelling, cutting etc.) from a number of other units who own these facilities but do not engage in the export of garments. The arrangement gives flexibility to exporters to not own all the infrastructures for conversion from input to final export products.
Further, in such cases the provisions of exemption Notification no. 16/2015 Customs dated April 1, 2015 are to be complied with.
Read more at: http://dgft.gov.in/Exim/2000/TN/TN16/TN18116.pdf
- Public Notice: FTP:
Amendment in ANF-5A [Application for issue of EPCG Authorisation]
The Directorate General of Foreign Trade (DGFT) vide Public Notice No. 33/2015-2020 dated September 23, 2016 has amended ANF 5A of Aayat Niryat Forms of FTP- 2015-20 to include guidelines for designating/certifying a Common Service Provider by DGFT, Department of Commerce or State Industrial Infrastructure Corporation in a Town of Export Excellence under Para 5.02(b) FTP- 2015-20.
Read more at: http://dgft.gov.in/Exim/2000/PN/PN16/PN3316_eng.pdf
Notification: Uttarakhand CST:
Amendment in Notification No. 98/2015/181(120)/XXVII(8)/08 dated January 20, 2015
The Uttarakhand Government vide Notification No. 782/2016/181(120)/XXVII(8)/2008 dated September 15, 2016 has made amendment in Notification No. 98/2015/181(120)/XXVII(8)/08 dated January 20, 2015 dealing with the amount of tax payable under section 8(1) of the Central Sales Tax Act, 1956 by any manufacturing industrial unit having his main place of business in Uttarakhand, in respect of the sales by him from any such place of business, in the course of inter-state trade or commerce, of any goods to which the section 8(1) applies, shall, subject to the condition specified, and, on furnishing the declaration in form “C” be calculated at the rate of 1% (One Percent).
Substitution of condition no. 2 in the said Notification, as follows-
“2. For all manufacturing industrial units established on or after 3 July, 2004, notwithstanding contained in the Act, in support of the claim of such investment a balance sheet audited by an “Accountant” and other related documents required by the Assessing Authority are produced.
For this purpose “Accountant” means an Accountant as provided in the Explanation given after sub-section (3) of section 62 of the Uttarakhand Value Added tax Act. To verify the claim of such investment, if Assessing Authority finds it necessary may inspect the site of installation of the plant and machinery. In case of inspection in comparison of produced balance sheet or other documents in context of the capture investment no adverse facts is found.”
Read more at: http://comtax.uk.gov.in/upload/announcements/Announcement-554.pdf