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Referencer Library - Latest Documents - Last 90 Days

Latest News - From Newspaper Headlines

1. 

‘Tourist of Indian Origin’ under the Baggage Rules.

10.01.2022

1.        BAGGAGE RULES, 2016 :

Rule 3 of the Baggage Rules, 2016 notified by the Ministry of Finance (Department of Revenue) under the notification No. 30/2016-Cus. (N.T.), dated 01-03-2016 (as amended) reads as under :

read more »

2. 

Rs. 1,29,780 crore gross GST Revenue collection for December 2021.

01.01.2022

The gross GST revenue collected in the month of December 2021 is Rs. 1,29,780 crore of which CGST is Rs. 22,578 crore, SGST is Rs. 28,658 crore, IGST is Rs. 69,155 crore (including Rs. 37,527 crore collected on import of goods) and cess is Rs. 9,389 crore read more »

3. 

Covid-19 Threat: 15 Customs Officers In Mumbai Test Positive For Covid-19.

01.01.2022

In the last five days, fifteen customs officers at the Mumbai airport were tested positive for Covid-19 in Mumbai. All infected officers were fully vaccinated. The commissioner and joint commissioner were tested positive as well. Many superintendents were also tested positive for covid. More than read more »

4. 

Clearance of Flat Panel Televisions in Passengers’ Baggage.

28.12.2021

One of my junior colleagues, posted at an International airport to clear passengers’ baggage, lamented, “Many passengers come from Gulf countries who are mostly very lowly paid employees. Most of them bring old, used or second hand television sets, which are either gifted by their employers or read more »

5. 

Red sanders worth Rs. 15 crore seized by customs.

24.12.2021

Mumbai: The Customs officials at the Nhava Sheva port have seized a consignment containing red sanders or red sandalwood worth Rs. 15 crore value in the illicit market, agency officials informed on Friday.

According to the Customs officials, on specific input, the officials had read more »

6. 

DGGI recovered 150 crore cash.....counting still going on.

23.12.2021

Commodity: Pan Masala/Scented Tobacco 

Brand: Shikhar of Trimurti Fragrance Pvt. Ltd., Kanpur

Detection: Rs. 10 crores (preliminary estimate)

Recovery: Rs. 3.09 crores (cash)

Cash recovered: > Rs 150 crores (approx)

On specific read more »

7. 

Karnataka High Court upholds COFEPOSA detention for misdeclaring value of goods for fraudulent tax refund.

23.12.2021

The Court reasoned that the order did not suffer from any legal infirmity and the petitioner had a propensity to engage in offences.

The Karnataka High Court has dismissed a plea seeking quashing of a detention order of a person resulting from misdeclaring read more »

8. 

35 kg heroin worth Rs 240 crore seized at Mumbai airport.

10.12.2021

Largest seizure of drugs at Mumbai Airport, say officials

The Air Intelligence Unit (AIU) of the customs department made its largest ever seizure of drugs on Thursday. Two foreign nationals who came from Zimbabwe and landed at Chattrapati Shivaji Maharaj International Airport (CSMIA) read more »

9. 

Rs. 1,31,526 crore gross GST revenue collected in November.

01.12.2021

GST collection for November, 2021 surpassed last month collection registering the second highest since implementation of GST.

Revenues for the month of November 2021, 25% higher than the GST revenues in the same month last year and 27% over 2019-20.

The read more »

10. 

IRS officer Vivek Johri takes charge as CBIC Chairman.

01.12.2021

Johri, a 1985-batch Indian Revenue Service (Customs and Indirect Taxes) officer, has been a member of the board.

Senior bureaucrat Vivek Johri on Wednesday took charge as the Chairman of the Central Board of Indirect Taxes and Customs (CBIC).

Johri, a read more »

11. 

Over 3500 latest iphone 13 models worth Rs. 42.86 crore seized at Mumbai airport.

29.11.2021

DRI seized consignments of 3,646 latest models of iPhones, suspected to be smuggled into the country from Hong Kong.

DRI busted consignments of 3,646 latest models of iPhones smuggled into the country from Hong Kong at the Chhatrapati Shivaji International Airport in Mumbai.

read more »

12. 

Centre works on tax framework to regulate cryptocurrencies.

21.11.2021

The issue of regulatory gaps is also being discussed in meetings involving the Government and regulators such as the Reserve Bank of India (RBI), an official said.

As India seeks global collaboration on regulating cryptocurrencies, with Prime Minister Narendra Modi identifying them at the read more »

13. 

Importer-exporter codes not updated after Jan 2014 to be deactivated: DGFT

21.11.2021

The move would help in knowing the actual number of real traders in the country.

The Commerce Ministry's foreign trade arm DGFT will deactivate all importer-exporter codes (IECs) that have not been updated after January 1, 2014, with effect from December 6, 2021, a read more »

14. 

Man held for GST evasion.

19.11.2021

Madurai : The Commissionerate of CGST and Central Excise, Madurai, has arrested a man in-charge of the operations of two firms based in Sivakasi for Rs. 8.10-crore evasion of GST duty.

Based on intelligence inputs, the officers conducted an investigation and found that the read more »

15. 

Adani Group says a joint customs & DRI team seized several containers at Mundra Port.

19.11.2021

Officials from the customs and revenue intelligence department Thursday seized hazardous radioactive substances from the Adani Group-owned Mundra Port.

“While the cargo was listed as Non-Hazardous, the seized containers had Hazard Class 7 markings (which indicate radioactive substances),” Adani Ports and SEZ said in read more »

16. 

Customs writes to Adani Ports SEZ on banning exim cargo from Pakistan, Iran and Afghanistan.

17.11.2021

Indian customs has written to the Adani Ports SEZ Ltd questioning its move to ban both import cargo from Pakistan, Iran and Afghanistan and exports to these countries through its port in Mundra.

In a letter, the customs has communicated that the company read more »

17. 

GST authorities detect Rs. 960 crore of tax evasion by tobacco, pan masala makers.

07.11.2021

NEW DELHI: The Directorate General of GST Intelligence (DGGI) has unearthed tax evasion worth Rs. 960 crore in two instances involving clandestine supply of tobacco products and pan masala, according to an official update.

In one of the instances, DGGI officials in Jaipur detected read more »

18. 

GST collection for October 2021 registered the second highest since implementation of GST.

01.11.2021

Rs. 1,30,127 crore gross GST revenue collected in October. Revenues for the month of October 2021 are 24% higher than the GST revenues in the same month last year and 36% over 2019-20

The gross GST revenue collected in the month of October 2021 is Rs. read more »

19. 

GST authorities arrest one in input tax credit fraud worth Rs. 91 cr from Thane.

24.10.2021

The accused's firm was dealing in trading of asbestos, cotton yarn, sewing thread, etc. It had fraudulently taken credit of input tax showing the value of goods amounting to Rs. 503.80 crore

GST authorities have arrested an alleged mastermind from Thane in relation to read more »