Seizure of Gold at airports are common scenario so, what if you have a handy set of rules for preparing seizure Panchanama, issuance of SCN or even preparing brief facts for adjudication in such matters? Certain sections of the Customs Act, 1962, Baggage Rules 2016, Foreign Trade Policy, Foreign Trade (Development and Regulation) Act, 1992, … Read more
Seizure of Currency at International airports by the Customs is a routine incident. While preparing seizure Panchanama, issuance of SCN or even preparing brief facts for adjudication in the matters related to the seizure of Currency/Foreign Exchange certain sections of the Customs Act, 1962 and allied Acts and Regulations come in handy to make your … Read more
Instances of change of ownership is frequent requirement in Custom Bonded Warehouses. Post 01.02.2019, IGST on the supply from bonded Warehouse to another Bonded Warehouse goods or within a bonded warehouse has been done away with. Amendment 2018 in Schedule III of of CGST Act 2017 mandated treating these flows of goods not as supply. … Read more
The jurisdiction of Mumbai Preventive Commissionerate headed by the Commissioner of Customs (Preventive) has a vast coverage. The stretch of cover extends over 370 km long coastline. Precisely, the Preventive Commissionerate of Mumbai stretches from ‘Dahanu’ in North to Srivardhan’ in the South. The entire stretch from ‘Dahanu’ to Srivardhan is of 370 km lying on … Read more
Have you ever tried to explain the positioning of Customs Department under Union Govt? My survey says you might not felt fully confident at first instance. Although, most of you have quite a good expertise in dealing with routine work inside Customs Department but not so sure about the organisational silos. However, the only reason … Read more