India Customs Highlights - International Trade & Investment - International Law

India Customs Highlights

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Exemption from Duty on Paper Based Taggant, including M-feature. [Notification No. 33/2020-Cus dated September 7, 2020]

India International Law

Exemption from Duty on Paper Based Taggant, including M-feature. [Notification No. 33/2020-Cus dated September 7, 2020]
The Bill of Entry (Forms) (Amendment) Regulations, 2020 notified. [Notification No. 90/2020-Customs (NT) dated September 17, 2020]
Roll out of Faceless Assessment at PAN India level in all ports of import for all imported goods in phased manner by October 31, 2020. [Circular No. 40/2020-Cus dated September 4, 2020]
Facility of Auto Let Export order under Express Cargo Clearance System allowed for couriers. [Circular No. 41/2020-Cus dated September 7, 2020]
Importers required to furnish 100% of differential Duty as security in case provisional assessment upon initiation of enquiry or verification in terms of the Customs (Administration of Rules of Origin under Trade Agreements) Rules, 2020. [Circular No. 42/2020-Cus dated September 29, 2020]
Levy of Duty @5% on import of open cell for LED/LCD TV panels w.e.f. October 1, 2020. [Notification No. 35/2020-Cus dated September 30, 2020]

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