Page 30 - ELT_1_1st April 2020_Vol 372_Part

A4 EXCISE LAW TIMES [ Vol. 372

Tariff value of Gold revised. — Tariff values of Gold imported by eligi-
ble passenger; Gold bars other than tola bars and Gold coins having gold content
not below 99.5% and gold findings have been revised to US $ 474 per ten gram
each. — Notification No. 29/2020-Cus. (N.T.), dated 20-3-2020. (See page N9)
Customs Law & Procedure
Exchange rate for South African Rand for import and export of goods
revised. — The C.B.I. & C. has amended Notification No. 20/2020-Cus. (N.T.),
dated 5-3-2020 with effect from 13-3-2020 to revise exchange rates of South Afri-
can Rand. — Notification No. 22/2020-Cus. (N.T.), dated 12-3-2020. (See page N5)
Exchange rate for Norwegian Kroner for import and export of goods
revised. — The C.B.I. & C. has amended Notification No. 20/2020-Cus. (N.T.),
dated 5-3-2020 to revise exchange rates of Norwegian Kroner with effect from
14-3-2020. — Notification No. 23/2020-Cus. (N.T.), dated 13-3-2020. (See page N--)
Exchange rate for Australian Dollar revised for import and
export of goods. — The C.B.I. & C. has amended Notification No. 20/2020-Cus.
(N.T.), dated 5-3-2020 to revise exchange rates of Australian Dollar with
effect from 17-3-2020. — Notification No. 25/2020-Cus. (N.T.), dated 16-3-2020. (See
page N5)
Exchange rates for import and export of goods. — Exchange rates for
Indian Rupee have been revised for imports and exports w.e.f. 20-3-2020. The
value of USD now stands at ` 75.75 for imports while ` 74.05 for exports. — Noti-
fication No. 27/2020-Cus. (N.T.), dated 19-3-2020. (See page N11)
Exchange rate of Australian Dollar and Norwegian Kroner for import
and export of goods revised. — The C.B.I. & C. has amended Notification No.
27/2020-Cus. (N.T.), dated 19-3-2020 with effect from 21-3-2020 to revise ex-
change rates of South African Rand. — Notification No. 28/2020-Cus. (N.T.), dated
20-3-2020. (See page N15)
Customs bonded warehouses - Electronic sealing for deposit in and
removal of goods from Customs bonded warehouses - Implementation date
deferred. — In view of representations received from e-seal vendors, the C.B.I. &
C. has decided to defer the implementation of Circular 10/2020-Cus. till 30-4-
2020 regarding Electronic sealing of goods for deposit and removal from Cus-
toms bonded warehouse. The new date of implementation of the said Circular
shall be 1-5-2020. — M.F. (D.R.) Circular No. 16/2020-Cus., dated 16-3-2020. (See
page T3)
Anti-dumping Duty

Anti dumping duty on ‘Sheet Glass’, originating in, or exported from
China PR extended till 12-3-2025. — The Central Government has amended No-
tification No. 7/2015-Cus. (ADD), dated 13-3-2015, vide which anti-dumping
duty has been imposed on import of ‘Sheet Glass’ falling under Chapter 70 of the
Customs Tariff, originating in, or exported from, China PR and imported into
India to continue imposition of anti-dumping duty on the same up to and inclu-
sive of 12-3-2025. — Notification No. 6/2020-Cus. (ADD), dated 12-3-2020. (See page
N4)

EXCISE LAW TIMES  1st April 2020  78