3 May 2021 – MUMBAI The Central Board of Indirect Taxes and Customs, through a notification, recently provided clarity besides further simplifying procedures for clearances of certain items. The recent steps taken by the CBIC for customs clearance of emergency medical equipment will help logistics companies in faster delivery of the consignments amid a huge…
KUALA LUMPUR (March 24): The Ministry of Finance (MoF) has exempted import duty and sales tax for the purchase of medical and laboratory equipment, personal protective equipment (PPE) and disposable products by any parties donating to the Ministry of Health (MoH) to help address COVID-19. The Royal Malaysian Customs Department, in a statement today, said…
Following an amendment to Regulation (EU) 2015/2446 on EU customs rules, from 1 January 2021 it will be possible to declare goods up to €150 with a simplified customs declaration. The existing VAT exemption for goods up to 22 € will thus be abolished – the popular shipments from China with the label “Gift, 10$”…
