Business

Customs Act celebrates 60 years of existence

Mumbai Customs celebrates ‘60 years of Customs Act, 1962’, honours Customs Veterans who risked their lives in service to the nation; Customs Act, 1962, is a well-written, simple and short law which has served us well: CBIC Chairman; “With use of technology and data, our anti-smuggling operations are sharper, we lay more focus on fast cargo turnover and export-import facilitation with proper controls” […]

Agriculture & Commodities

Edible Oil Import rates see a jump of $100 per MT from last month

In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Indirect Taxes & Customs, being satisfied that it is necessary and expedient to do so, hereby makes the following amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 36/2001-Customs (N.T.), dated the 3rd August, 2001, published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S. O. 748 (E), dated the 3rd August, 2001, namely:-

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