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What's New...
HS2012 Changes with Effect from 1 January 2012
We are giving the Schedule Changes in Customs Tariff
Chapters to be implemented from 1 January 2012. These are following the
amendments in the HS coding and description system announced by the World
Customs Organization every four years, the last one was with effect from 1
Jan 2007. The current change will come into effect in the New Year 2012. The
changes will be uniformly implemented by practically all countries the world
over. More….
Rupee Rises by 38 paise to
the Dollar, Hits 49.648
India, Thailand: PMs want Free Trade Pact by Mid-2012
Myanmar's Natural Gas and Oil Pipelines
India Signs OECD Convention on Assistance in Tax
Matters
Corrigendum
dated 23 January to 02/2012
Banks should Certify Leverage Ratio of IFCs Availing
ECBs under Approval Route
External Commercial
Borrowings – Simplification of Procedure
Anti-dumping Duty Imposed on Building Material Textile
(Geogrid) from China for Five Years
Anti-dumping
Duty on Morpholine from China, EU and USA – Final
Findings
Provisional
Anti-dumping Duty Notification on Morpholine
Rescinded
Presidential Award for Specially Distinguished Officers
of the Customs and Central Excise Notified
RBI
Cuts CRR by 50 Points, Injects Rs. 32,000 crs Liquidity in Economy to Push Growth
India takes over as President of SAARC Chamber
India uses Yen to Square up Iran Oil, Dithers on
Accepting the falling Rupees
Wheat Production in Russia, CIS Reaches Record
Vodafone International Holdings B.V. vs. UOI (Supreme
Court)
Dept. of Revenue
Notifies Refund of Anti-dumping Duty (Paid in Excess of Actual Margin of
Dumping) Rules, 2012
Rules
for Review of Cases of Refund of Anti-dumping duty for Imports at less than
Dumping Margin Released
World Commercial Services Trade Rises 12% in Q2,
Brazil, Russia, Switzerland and India Lead
10 LDCs on Fast Track to Join WTO
Argentina Starts Compulsory Licensing, Import Balancing
for All Imports from 1 February
Obama Blocks Proposed Canada – Texas Oil Sands Pipeline
Brazil Advances $2.2bn for Ethanol Production
SOPA and PIPA in Congress to Curb Internet Freedom and
Wikipedia
Safeguard
Duty of 10% Imposed on Phthalic Anhydride for 180
Days under Provisional Findings
Govt. Fixes Tariff Value for Gold at $526 per 10 gms and Silver at $953 per kg
Corrigendum
dated 17th January 2012
JNCH Organises Trade Facilitation Fortnight to Improve Service
Standards – Promises Liquidation of All Old SAD Refund Cases
Guidelines for undertaking Commodity Hedging Transactions
in International Commodity Exchange
RBI Notifies 100 percent FDI
in Single Brand Retail
RBI Issues
Directions for QFI Investments in Indian Companies and Single-Brand Retail
Trading
Finance
Minister holds Pre Budget Consultations with Trade Union Groups; Necessary
Measures Sought to Safeguard Interest of Workers
World Bank Cuts Outlook as Euro Region Contracts
Euro Advances as IMF Said to Seek $1 Trillion
South Africa Exporting Corn Risks Depleting Domestic
Supplies
Exchange Rates for Customs Valuation Imports and Exports w.e.f January 1, 2012
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