Custom Duty

Suggested amendments to improve working of Customs Brokers

Section 146 of The Customs Act, 1962 states that no person shall carry on business as an agent relating to the entry or departure of a conveyance or the import or export of goods at any Customs station unless such person holds a license granted in this behalf in accordance with regulations made in this regard by the Board....

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Recovery of Drawback claimed, on non realization of export proceeds

Whether Customs duty and Excise duty portion of drawback already claimed by the assessee can be recovered by the Department consequent to the non-realization of export proceeds?...

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Legal Provisions for Import of Pneumatic Tyres for Automotive Vehicles

In this article, attempts have been made to explain about Import of Pneumatic Tyres for Automotive Vehicles (including used Tyres, Retreaded Tyres and Waste Tyres). ...

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Compliance for Import of Livestock & Livestock Products

The import of livestock and livestock products into India is regulated by the Livestock Importation Act, 1898 as amended. The objective of this Act and the notifications/orders issued therein is to regulate the import of livestock and livestock products in such a manner that these imports do not adversely affect the country‘s human and ...

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Compliance Requirement for Import of Human Embryo

The Human Embryos are normally imported by Surrogacy Clinics/ART Clinics/ IVF Clinics /any Centre/Genetic Counseling Centers/other clinical establishment offering surrogacy services/Assisted Reproduction Services....

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DRI busts Hawala racket, seizes foreign currencies of Rs. One Crore

Delhi Zonal Unit of Directorate of Revenue Intelligence (DRI) busts Hawala racket, seizes foreign currencies worth Rs. One Crore at IGI Airport....

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Cabinet approves India -Uruguay agreement for help in Customs matters

Union Cabinet, has approved signing and ratifying an Agreement between India and Uruguay regarding Cooperation and Mutual Assistance in Customs Matters....

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Exemption of Customs Duty On Life Saving Drugs

Department of Revenue had withdrawn custom duty exemption in case of 76 drugs where sufficient indigenous capacity was available and bulk of the requirement was being met from indigenous sources....

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DRI seizes 85.58 lakhs Cigarette sticks declared as packing material

DRI seizes 85.58 lakhs Cigarette sticks of foreign origin (Indonesian) with a market value of about Rs. 10 crore at ICD Tughlaqabad...

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Reduction of import duty on wheat, potatoes & crude palm oil

Central Government reduced import duty on wheat, potatoes and crude palm oil , to stabilize prices of these commodities in country ...

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Registration of FIR is not necessary before arresting a person U/s. 104 of Customs Act

Kishin S. Loungani Vs. Union Of India (High Court Of Kerala at Ernakulam) - It is apparent that the proceedings conducted by an officer of the Central Excise are vitally different from the investigation by a police officer. It is implicit that a person who is making a statement before a Central Excise Officer can be called upon to sign the statement. On a combined reading o...

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Simultaneous penalty on firm & partners restricted to abetment

M/s. Amritlakshmi Machine Works Vs The Commissioner of Customs (Import) (Bombay High Court) - Bombay High Court held that Simultaneous penalty can be imposed both on the partners and partnership-firm under Section 112 (a) where the charge on the firm is of acting or omitting to act rendering the goods liable for confiscation and the notice issued to the partner makes out a separate c...

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Charges having no nexus with import not includible in AV of imported goods

M/s Schwing Stetter (India) Private Limited Vs Commissioner of Customs (Imports) (CESTAT Chennai) - The Appellant imported machinery i.e. Schwing mobile concrete pump placers from their related supplier. Though both the foreign supplier and the Appellant are related, as per the O-I-O of the Deputy Commissioner of Customs (SVB) dated December 22, 2000...

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CESTAT Requests CBEC to issue appropriate Guideline to Quasi-Judicial Authorities

Commissioner of Customs (Import) Vs M/s. Do Best Infoway (CESTAT Chennai) - Revenue has come in appeal before the Hon'ble Tribunal against the order passed by Learned Commissioner (Appeals) setting aside the assessment enhancing the declared value in respect of imported aluminium foil paper from China....

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Custom valuation Rule 4 will not apply if Import is without monetary consideration: SC

M/s GMR Energy Ltd Vs Commissioner of Customs (Supreme Court of India) - In the Case of M/s GMR Energy Ltd vs. Commissioner of Customs, Bangalore, Hon’ble Supreme Court while dealing with the appeal of the assessee and of the revenue held that Rules 4 and 9 of the Custom Valuation Rules, 1988 would only apply in case imported goods are sold for export to India....

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Notification No. 1/2017-Customs Dated: 20.01.2017

Notification No. 1/2017-Customs - (20/01/2017) - Importer (hereinafter referred to as the Infrastructure Service Provider or the ISP) shall produce a certificate to the Assistant Commissioner or the Deputy Commissioner of Customs from the concerned Director of the Software Technology Parks Society set up by the Government of India, Department of E...

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Rate of exchange of conversion of foreign currency WEF 20.01.2017

Notification No.5/2017-Customs (N.T.) - (19/01/2017) - Central Board of Excise and Customs hereby determines rate of exchange of conversion of each of foreign currencies with effect from 20th January, 2017...

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Anti-dumping duty on Nylon Filament extended up to 12.01.2018

Notification No. 04/2017-Customs (ADD) - (19/01/2017) - Seeks to extend the levy of anti-dumping duty, imposed on Nylon Filament yarn originating in or exported from China PR, Chinese Taipei, Malaysia, Indonesia, Thailand and Korea R.P under notification No. 03/2012-Customs (ADD), dated the 13.01.2012, for a further period of one year from the end date o...

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Anti-dumping duty on Saccharine import from China

Notification No. 3/2017-Customs (ADD) - (19/01/2017) - Seeks to extend levy of anti-dumping duty, imposed on Saccharine originating in or exported from China PR under notification No. 07/2012-Customs (ADD), dated the 13.01.2012, for a further period of one year....

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Relaxed conditions for Import of PoS terminal devices & related items

Circular No. 03/2017-Customs - (16/01/2017) - Special permission for import of batteries and cells coming along (fitted) with the BIS registered PoS terminals if the said cells /batteries are either registered with BIS as per IS 16046 or are certified as per the International standard IEC 62133: 2012. Spares shall not be allowed under this rela...

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Recent Posts in "Custom Duty"

Suggested amendments to improve working of Customs Brokers

Section 146 of The Customs Act, 1962 states that no person shall carry on business as an agent relating to the entry or departure of a conveyance or the import or export of goods at any Customs station unless such person holds a license granted in this behalf in accordance with regulations made in this regard by the Board....

Read More
Posted Under: Custom Duty |

Notification No. 1/2017-Customs Dated: 20.01.2017

Notification No. 1/2017-Customs (20/01/2017)

Importer (hereinafter referred to as the Infrastructure Service Provider or the ISP) shall produce a certificate to the Assistant Commissioner or the Deputy Commissioner of Customs from the concerned Director of the Software Technology Parks Society set up by the Government of India, Department of Electronics...

Read More

Rate of exchange of conversion of foreign currency WEF 20.01.2017

Notification No.5/2017-Customs (N.T.) (19/01/2017)

Central Board of Excise and Customs hereby determines rate of exchange of conversion of each of foreign currencies with effect from 20th January, 2017...

Read More

Anti-dumping duty on Nylon Filament extended up to 12.01.2018

Notification No. 04/2017-Customs (ADD) (19/01/2017)

Seeks to extend the levy of anti-dumping duty, imposed on Nylon Filament yarn originating in or exported from China PR, Chinese Taipei, Malaysia, Indonesia, Thailand and Korea R.P under notification No. 03/2012-Customs (ADD), dated the 13.01.2012, for a further period of one year from the end date of Anti-Dumping Duty imposed vide Notific...

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Anti-dumping duty on Saccharine import from China

Notification No. 3/2017-Customs (ADD) (19/01/2017)

Seeks to extend levy of anti-dumping duty, imposed on Saccharine originating in or exported from China PR under notification No. 07/2012-Customs (ADD), dated the 13.01.2012, for a further period of one year....

Read More

Registration of FIR is not necessary before arresting a person U/s. 104 of Customs Act

Kishin S. Loungani Vs. Union Of India (High Court Of Kerala at Ernakulam)

It is apparent that the proceedings conducted by an officer of the Central Excise are vitally different from the investigation by a police officer. It is implicit that a person who is making a statement before a Central Excise Officer can be called upon to sign the statement. On a combined reading of Sections 13 and 14, it is clear that a...

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Relaxed conditions for Import of PoS terminal devices & related items

Circular No. 03/2017-Customs (16/01/2017)

Special permission for import of batteries and cells coming along (fitted) with the BIS registered PoS terminals if the said cells /batteries are either registered with BIS as per IS 16046 or are certified as per the International standard IEC 62133: 2012. Spares shall not be allowed under this relaxation....

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Notification No. 04/2017-Customs (N.T.) dated: 13.01.2017

Notification No. 04/2017-Customs (N.T.) (13/01/2017)

Tariff value Notification in respect of Fixation of tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver-Notification No. 04/2017-Customs (N.T.)-...

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Notification No. 3/2017-Customs (N.T./CAA/DRI) [Cus (NT)] 13-1-2017

Notification No. 3/2017-Customs (N.T./CAA/DRI) (13/01/2017)

Director General, Revenue Intelligence, hereby appoints officers mentioned below to act as a common adjudicating authority vide Notification No. 3/2017-Customs (N.T./CAA/DRI) [Cus (NT)] 13-1-2017...

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Notification No. 2/2017-Customs (N.T./CAA/DRI) [Cus (NT)] 13-1-2017

Notification No. 2/2017-Customs (N.T./CAA/DRI) (13/01/2017)

Director General, Revenue Intelligence, hereby appoints the officers mentioned in column (6) of the table mentioned below to act as a common adjudicating authority to exercise the powers and discharge the duties conferred or imposed on officers...

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