Notification and Circular as on date July 2,2016

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CBEC issued circular regarding imposition of Central Excise duty on jewellery

The CBEC vide Circular No. 1033/21/2016-CX dated July 1, 2016 has extended the time limit for taking central excise registration of an establishment by a jeweller upto July 31, 2016. Further, the liability for payment of central excise duty which is effective from March 1, 2016, although jewellers may make the payment of excise duty for the months of March, 2016; April, 2016 and May, 2016 along with the payment of excise duty for the month of June, 2016 upto the extended date of July 31, 2016.

Read more at: http://www.cbec.gov.in/resources//htdocs-cbec/excise/cx-circulars/cx-circulars-2016/circ1033-2016cx.pdf

CBEC issued circular regarding clearance of bunker fuels to Indian Ship/Vessel carrying containerized cargo

The CBEC vide Circular No. 1034/22/2016-CX dated July 1, 2016, has described the procedure and conditions for supply of indigenous bunker fuel namely, IFO 180 CST and IFO 380 CST, without payment of Central Excise Duty from the warehouse of the Oil Manufacturing Companies (“OMCs”) and for further supply to the eligible ships and vessels. It described what will be the procedure for availing exemption, and how the utilisation certificate to be submitted and if the utilisation certificate is not submitted what actions will be taken by the Department.

Read more at: http://www.cbec.gov.in/resources//htdocs-cbec/excise/cx-circulars/cx-circulars-2016/circ1034-2016cx.pdf

CBEC issued instruction regarding inclusion of Show Cause Notices issued in relation to sub-section (11) of Section 28 of the Customs Act, 1962 on the competency of officers of DGDRI, DGCEI and Customs (Preventive), in the “Call Book”

The CBEC vide Instruction F.No.276/104/2016-CX.8A (Pt.) dated June 29, 2016 has instructed to the Department officers to transfer all the SCNs to the Call Book which are issued by DRI, DGCEI, SIIB, Preventive prior to July 6, 2011 and which are pending adjudication, till the matter relating to deciding constitutional validity of sub-section (11) of Section 28 of the Customs Act, 1962, which empower the officers of DGDRI, DGCEI and Preventive as proper officers to issue the Show Cause Notices even prior to issuance of Notification dated July 6, 2011.

  Read more at: http://www.cbec.gov.in/htdocs-cbec/excise/cx-instructions/cx-instructions-2016/cx-ins-scn.pdf

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