B.P Associates LLP

66/2013-Customs (N.T.) dt. 24/06/2013

Amendment in the notification No. 36/2001-Customs (N.T.), dated the 3rd August, 2001

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Opinion

This notification seeks to amend the notification no.62/2013 (N.T.) by reducing the tariff value of Gold from 450 per 10 gms to 421 per 10 gms. All the tariff values of the other goods remains unchanged.
ns-serif";mso-fareast-font-family:"Times New Roman"'>Board seeks to introduce Risk Management System in exports in Custom location where Indian Customs EDI System (ICES) is operational w.e.f. 15.07.2013 at ICD Mulund and ICD Patparganj. Its focus will be on quality assessment, examination and post clearance audit (PCA) of Shipping Bills selected by the Risk Management System so that the transaction cost and dwell time is reduced so as to make the business internationally competitive. The RMS in exports will enable low risk consignments to be cleared based on self assessment of the declarations by exporters. This will enable the department to enhance the level of facilitation and speed up the process of cargo clearance.