Custom Duty Meaning, Calculators, Rules, exemptions Articles Notification, Circulars, Recent Changes, Duty Drawback Rates, Custom Rates, Anti-Dumping Duty
Custom Duty : Learn about the AEO certification, its benefits for businesses, eligibility criteria, and the process to become a trusted economic...
Custom Duty : CBIC introduces Ekal Anubandh for single electronic bonds, reducing costs and delays for importers/exporters. Learn about its feat...
Custom Duty : Learn about the Special Valuation Branch (SVB) under Indian Customs and how it determines the value of transactions between relate...
Custom Duty : Learn about recent updates to customs refund procedures, including electronic filing on ICEGATE, improved transparency, and change...
Custom Duty : The Supreme Court rules DRI officers as proper officers for customs under Section 28, overturning past judgments and reshaping tax...
Custom Duty : The government exempts import duties on specific life-saving drugs for rare diseases under set conditions. Learn about eligibility...
Custom Duty : This FAQ guide provides clarity on key aspects of customs duties and tariff structure updates in Budget 2025-26. Basic Customs Dut...
Custom Duty : Apply for the Indirect Tax Internship Scheme FY 2025-26 at CBIC, available for law students and graduates. Stipends and certificat...
Custom Duty : Summary of SEBI and Customs Notifications for February 2025 including amendments to duties, exemptions, and changes to specific ta...
Custom Duty : Union Budget 2025-26 proposes changes in customs duties, including exemptions for life-saving medicines, e-mobility, and support f...
Custom Duty : CESTAT Delhi held that duty has to be paid when goods imported into an SEZ are not used for the authorised operations but are sold...
Custom Duty : CESTAT Delhi rules customs duty exemption cannot be denied if export obligations are met and EODCs issued, overturning a ₹21 cro...
Custom Duty : Delhi HC orders release of Rolex watch, criticizes Customs for relying on standard waiver forms, citing lack of due process in det...
Custom Duty : CESTAT Chennai abates Neoteric Infomatique’s customs appeal after NCLT’s approval of the resolution plan, citing Supreme Court...
Custom Duty : Disha Realcon and SM Niryat had exported iron ore fines whose Fe content was below 58% under some Shipping Bills and iron ore fine...
Custom Duty : Notification No. 12/2025-Customs revises tariff values for crude palm oil, gold, silver, and more under the Customs Act, effective...
Custom Duty : CBIC clarifies that AIR duty drawback should not be denied based on non-duty paid inputs. Field formations must follow Circular No...
Custom Duty : The Ministry of Finance issues a corrigendum to Notification 26/2024-CUSTOMS (ADD), clarifying details on Textured Toughened Glass...
Custom Duty : India imposes a 20% countervailing duty on saccharin imports from China for five years to prevent subsidization and protect domest...
Custom Duty : The Ministry of Finance issues Notification 15/2025-Customs, amending Notification 50/2017. Changes impact S.No. 551 and 555, effe...
In order to monitor revenue outflow under this scheme, the Custom Houses located at the notified places shall send a monthly report containing details of CIF value of goods imported and amount of duty foregone under the Scheme on the 10th of the succeeding month to JS(DBK). Customs Notification No.53/2003-Cus. dated 1.4.2003 refers in this regard. The first such report shall be sent by 10th May, 2003.
Drawback shall be disbursed to the SEZ Unit receiving supplies from DTA Unit on the basis of a disclaimer certificate given by the DTA Unit in favour of SEZ Unit. The drawback amount so calculated shall be disbursed either by cheque or by directly crediting into the account of the SEZ Unit maintained by designated branch operating at the SEZ Complex.
The Ministry has announced the revised All Industry Rates of Duty Drawback for the year 2003-2004 vide notification no.26/2003-Cus (N.T.) dated 1.4.2003. These rates shall come into effect from 7.4.2003. Thus the existing rates shall remain in force till 6.4.2003.
The whole of the duty of customs leviable thereon under the First Schedule to the Customs Tariff Act, 1975 ( 51 of 1975) and the additional duty, if any, leviable thereon under section 3 of the said Customs Tariff Act, subject to the following conditions, namely.
In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government being satisfied that it is necessary in the public interest so to do, hereby rescinds the following notifications of the Government of India in the erstwhile Ministry of Finance (Department of Revenue) on and from the 1st April, 2003, namely.
The principal notification No. 82/2002-Cus, dated the 13th August, 2002, was issued vide G.S.R. 563 (E), dated the 13th August, 2002.
I am directed to invite your attention to the Board’s Circular No. 38/2002-Cus, dated 1-7-2002 whereunder, among other things, a procedure for sale of surplus power in DTA by EOUs and units in EPZ/STP/EHTP/SEZ has been laid down. It has been clarified in paragraph 26 of the said Circular that the surplus power so sold in DTA may be adjusted against the DTA sale entitlement of the units in terms of value.
A separate provision has been made to enable the Govt. hospitals to import small quantities of essential new drugs for the treatment of their own patients. The fee for such import licences has been kept Rs. 100/- for a single drug and the rate of Rs. 50/- for each additional drug.
(a) Methylene Chloride, originating in, or exported from, the European Union, South Africa and Singapore, has been exported to India below normal value, resulting in dumping; (b) the domestic industry has suffered material injury; (c) injury has been caused by imports from the European Union, South Africa and Singapore;
The anti-dumping duty imposed under this notification shall be effective upto and inclusive of the 26th day of September, 2003, and shall be payable in Indian currency.
