What is New? Date: 13-02-2025 Notification No. 14/2025-Customs Seeks to amend Notification 11/2021-Customs dated 01.02.2021 to amend AIDC rate on Bourbon whiskey Date: 11-02-2025 NOTIFICATION No. 09/2025–Central Tax Seeks to bring rules 2, 8, 24, 27, 32, 37, 38 of the CGST (...
Customs Department has adjusted procedures atSuvarnabhumi Airportto ensure faster service. Paisal Chuenjit, director of the Passenger Processing Division at Suvarnabhumi Airport’s Customs Bureau, said a total of 300 customs officials will service the new airport when it opens later this month, up fro...
TheNigeria Customs Service(NCS) has revised the foreign exchange (FX) rate applicable to customs duties, a significant move that aligns with the Central Bank of Nigeria’s (CBN) ongoing efforts to stabilize the naira. The new rate, set at ₦1,238.17 per dollar, marks a 6.8 per cent red...
Exchange rate –The currency exchange rate for the statistical value on the date of declaration. The first grid is a total table that has the following columns: Total type –The type of total (for example, cost, duty, excise, VAT, storage fee, or payment total). GTD –The value of the...
Customs Exchange Rate HS Code List - Countrywise Safegaurd Duty Anti Dumping Duty Duty Drawback Rates DGFT Dgft offices in India Exim Policy IEC Number Dgft Notification Dgft Public Notices Dgft Circulars Trade Notice Depb Rates Central Excise Central Excise Offices Central Excise Duty Central Excise...
Exchange rate –The currency exchange rate for the statistical value on the date of declaration. The first grid is a total table that has the following columns: Total type –The type of total (for example, cost, duty, excise, VAT, storage fee, or payment total). GTD –The value of the...
as well as promoting trade facilitation. We hope that the trial CAM in Shenzhen can further improve China’s administration on TP of imported goods and strengthen the interaction between the Customs and the tax authority. Once the new system in Shenzhen and the Greater Bay Area becomes ...
Exchange RateTrade BalanceThis paper investigates the short-run and long-run impact of exchange rate and customs union on the trade balance at commodity-group level of Turkey with EU (15). Bounds testing approach is employed where a new strategy in the model selection phase is adopted ensuring...
taxpayers must make payment of duties on imports and exports within 15 days of the issuance of a duty demand note, or before the end of the fifth working day of the following month. If they fail to do so, Customs shall impose a late fee at the rate of 0.0005% per day from the due...
The exchange rate for setting costs, pricing structures, announcing and advertising prices, and making and receiving payments for goods and services in foreign currency must match the exchange rate announced by commercial banks from time to time. Businesses Allowed to Use Foreign Currency The decision...