Wheat – Customs Duty increased

Basic Customs duty on Wheat increased to 25% from present rate of 10%, with effect from 19th October, 2015, by amending the Notification No. 12/2012-Cus. by Notification No. 51/2015-Cus. dated 19.10.2015

Detailed Scrutiny of Central Excise Returns

CBEC has issued instructions regarding Detailed Scrutiny of Central Excise Returns vide Circular No. 1004/11/2015-CX Dated 21.07.2015 .The broad guidelines for detailed scrutiny of Central Excise Returns are as follows : i) Detailed scrutiny of a minimum of 2% and