Skip to content
Menu
X-im quest
  • About us
  • Contact us
  • Disclaimer
  • Home
X-im quest

Category: Uncategorized

All You Need to Know About Warehousing of Imported Goods

Posted on November 27, 2020November 27, 2020 by sansd1000@gmail.com

Introduction Warehousing is a facility for depositing imported goods in a warehouse without payment of duty. In certain circumstances, the importer prefers not to clear the imported goods immediately upon their arrival due to various reasons. The reasons may due to fluctuation in market price, saleability, the requirement in the factory of production, paucity of…

Continue Reading

Faceless Assessment Scheme in Customs to Help India in Ease of Doing Business Rankings

Posted on October 26, 2020November 27, 2020 by sansd1000@gmail.com

The government of India introduced various measures to increase the ease of doing business in India. Based on its international commitments, amongst many other measures, Faceless Assessment is the latest one. India is ranked 63 among 193 global economies in the ease of doing business. This ranking is indexed according to the latest World Bank…

Continue Reading

Rules to Know About Indian Customs Valuation of Export-Import Goods

Posted on October 2, 2020October 2, 2020 by sansd1000@gmail.com

Indian Customs valuation Rules are considered as an important provision in Customs law. The rates of customs duties leviable on imported and export goods are: specific custom duties or ad valorem basis or on a specific cum ad valorem basis. To know more about different types of duties levied by Indian customs, please read the…

Continue Reading

Modes and Types of Customs Duties Leviable in India and its Calculation

Posted on September 19, 2020October 31, 2020 by sansd1000@gmail.com

Introduction Article 265 of Indian Constitution provides that ‘no tax shall be levied or collected except by authority of law’. Entry No. 83 of List 1 to Schedule VII of the Constitution empowers the Union Government to legislate and collect duties on import and exports. By virtue of this provision, the Customs Act, 1962 was…

Continue Reading

Important Facts to Know About Importer-Exporter Code (IEC) Number

Posted on September 1, 2020October 31, 2020 by sansd1000@gmail.com

The system of import and export in India is governed by India’s Export Import (EXIM) Policy formulated by the Ministry of Commerce. Generally, free Import and export of all goods are permitted. The permitted or excepted category of goods are regulated by the EXIM Policy or any other law for the time being in force….

Continue Reading

Recent Posts

  • All You Need to Know About Warehousing of Imported Goods
  • Faceless Assessment Scheme in Customs to Help India in Ease of Doing Business Rankings
  • Rules to Know About Indian Customs Valuation of Export-Import Goods
  • Modes and Types of Customs Duties Leviable in India and its Calculation
  • Important Facts to Know About Importer-Exporter Code (IEC) Number

Recent Comments

  • erotik on All You Need to Know About Warehousing of Imported Goods
  • cbd gummies on Faceless Assessment Scheme in Customs to Help India in Ease of Doing Business Rankings
  • www on Faceless Assessment Scheme in Customs to Help India in Ease of Doing Business Rankings
  • 7 kogus on Rules to Know About Indian Customs Valuation of Export-Import Goods
  • recep ivedik izle on Faceless Assessment Scheme in Customs to Help India in Ease of Doing Business Rankings

Archives

  • November 2020
  • October 2020
  • September 2020

Categories

  • Uncategorized

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

Recent Posts

  • All You Need to Know About Warehousing of Imported Goods
  • Faceless Assessment Scheme in Customs to Help India in Ease of Doing Business Rankings
  • Rules to Know About Indian Customs Valuation of Export-Import Goods
  • Modes and Types of Customs Duties Leviable in India and its Calculation
  • Important Facts to Know About Importer-Exporter Code (IEC) Number
©2021 X-im quest | Theme: Wordly by SuperbThemes