Showing posts with label eximblogs. Show all posts
Showing posts with label eximblogs. Show all posts

Thursday, January 10, 2019

CUSTOMS BROKER LICENSING REGULATIONS 2018 RULE 6 EXAM SYLLABUS




a) preparation of various kinds of bills of entry, bills of export, shipping bills, and other clearance documents;
(b) arrival entry and clearance of vessels;
(c) tariff classification and rates of duty;
(d) determination of value of imported and export goods;
(e) conversion of currency;
(f) nature and description of documents to be filed with various kinds of bills of entry, shipping bills and other clearance documents;
(g) procedure for assessment and payment of duty including refund of duty paid;
(h) examination of goods at Customs Stations;
(i) prohibitions on import and export;
(j) bonding procedure and clearance from bond;
(k) re-importation and conditions for free re-entry;
(l) drawback and export promotion schemes including the Special Economic Zone scheme;
(m) offences under the Act;
(n) provisions of the allied Acts including the Central Goods and Services Act, 2017 (12 of 2017) and section 5 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017), the Indian Explosives Act, 1884 (4 of 1884), the Destructive Insects and Pests Act 1914 (2 of 1914), the Dangerous Drugs Act, 1930 (2 of 1930), the Drugs and Cosmetics Act, 1940 (23 of 1940), the Central Excise Act, 1944 (1 of 1944), the Copy Right Act, 1957 (14 of 1957), the Trade and Merchandise Marks Act 1958 (43 of 1958), the Arms Act 1959 (54 of 1959), the Patents Act, 1970 (39 of 1970), the Narcotics Drugs and Psychotropic Substances Act, 1985 (61 of 1985), the Environment (Protection) Act, 1986 (29 of 1986), the Foreign Trade (Development and Regulations) Act, 1992 (22 of 1992), the Foreign Exchange Management Act, 1999 (42 of 1999), the Design Act, 2000 (16 of 2000) and the Food Safety and Standard Act, 2006 (No. 34 of 2006) and other laws for the time being in force applicable to EXIM trade and the rules and regulations made under these Acts in so far as they are relevant to clearance of goods through Customs;
(o) provisions of the Prevention of Corruption Act, 1988 (49 of 1998);
(p) procedure for appeal and revision applications under the Act; and
(q) online filing of electronic bills of entry and shipping bills vide the Indian Customs and Central Excise Electronic Commerce or Electronic data interchange gateway (ICEGATE) and Indian Customs Electronic data Interchange System (ICES).
(r) knowledge of regulations, rules, notifications, etc. under the Customs Act and other Allied Acts


Monday, January 7, 2019

CBLR'18 - REGULATION 6 & G CARD EXAM NOTES - ADJUDICATION POWERS OF CUSTOMS OFFICERS


SECTION 122  Adjudication of confiscations and penalties : 

(a) Without limit - Principal Commissioner of Customs or Commissioner of Customs or a Joint Commissioner of Customs

++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

(b) as per Notification No. 50/2018-Customs (N.T.) 8th June 2018 for other officers as follows ;

Sl. No.

Customs Officer

Value of goods liable for confiscation

(1)

(2)

(3)

(1)

Assistant Commissioner of Customs or Deputy Commissioner of Customs

Above rupees one lakh but not exceeding rupees ten lakhs

(2)

A Gazetted Officer ( Superintendent ) of Customs lower in rank than an Assistant Commissioner of Customs or Deputy Commissioner of Customs 

Not exceeding rupees one lakh



CBLR'18 - F & G CARD EXAM NOTES - WHEN EXPORTS DRAWBACK WILL NOT BE ALLOWED ?


As per Sec 76 of Customs Act, following cases no drawback shall be allowed ;

1. When Market-price of export goods is less than the amount of drawback amount
2.When the drawback amount is less than fifty rupees.
3.If the Central Government is of the opinion that export goods likely to be smuggled back into India 

Friday, January 4, 2019

RS.2000 CURRENCY NOTE DEMONETISATION. FACT OR MYTH ???


Please refer TV channel Breaking News today that India has stopped printing ₹2,000 currency notes. The reason may be  The Centre suspects the high-denomination banknote is being used for hoarding, tax-evasion and money laundering.

The share of the ₹2,000 note in the total currency in circulation has come down to 37.3% in March 2018 from 50.2% in March 2017, but the government maintains that there are no plans to withdraw it.

Since Parliamentary Elections are fast approaching and recalling defeats in recent assembly elections I hope Modi Government will not again take extreme step of Rs.2000 currency demonetization.

With rgds
Rajesh A