Who,Monitors,Excise,and,Custom business, insurance Who Monitors Excise and Customs Related Issues in India?
As we all know to live in this world we have to perform some activity by which we can earn money. There are many activities by which we can earn money and meet the standards to live in this society. And from one of them is franchise. Franc Small offices have unique needs, and thatincludes document shredding. Designed with the smaller business inmind, the Dahle 20314 is a cross-cut shredder that offers Level 3security and brings you into compliance with federal regulations. The
Normal 0 false false false MicrosoftInternetExplorer4 st1\:*{behavior:url(#ieooui) } /* Style Definitions */ table.MsoNormalTable{mso-style-name:"Table Normal";mso-tstyle-rowband-size:0;mso-tstyle-colband-size:0;mso-style-noshow:yes;mso-style-parent:"";mso-padding-alt:0in 5.4pt 0in 5.4pt;mso-para-margin:0in;mso-para-margin-bottom:.0001pt;mso-pagination:widow-orphan;font-size:10.0pt;font-family:"Times New Roman";mso-ansi-language:#0400;mso-fareast-language:#0400;mso-bidi-language:#0400;}Central Board of Excise andCustoms (CBEC) is a government body in India that takes care of all theimport and export activities in terms of enforcing rules and regulations forimporting and exporting of various goods. The organization helps shippingcompanies and freight forwarders in customs clearance activity after imposing the legal customs duties for their consignments. Custom clearance is an important part ofinternational trading and every freight forwarderhas to undergo the same in order to get its consignments approved from CBEC.Depending upon the nature and amount of the products, which are being importedor exported, the government agency impose some taxes, which are known as customs duties on their consignments. Government hasbuilt customs houses at every sea port and air port and it is necessary forboth an individual and organization to get all the products that are beingtransported in or out of the country approved by the concerned authorities. Before it, all the necessarydocuments are prepared and submitted to government customs agents. According toCentral Board of Excise and Customs (CBEC)(www.cbec.gov.in):All types of goods can be sent through the courier mode into India and out of India except few articles. Thegoods which are prohibited for import through courier are: Animals & parts thereof or plants & parts thereofperishable goodspublications containing maps showing incorrect boundaries of India,Gold or silver in any formPrecious and semi precious stones & Studded jewelleryCertain Chemicals, which need testingSimilarly, the export of the following goods is also restricted: Goods which are subject to levy of any duty on their exportGoods proposed to be exported with claim for Draw Back of Customs dutyGoods exported under Duty Entitlement Pass Book Schemes or Duty Exemption Scheme or Export Promotion Capital Goods SchemeGoods where the value of consignment is above Rs. 25,000/- and Waiver from the RBI not to bring in Foreign Exchange is not available.
Who,Monitors,Excise,and,Custom