Custom Duty Meaning, Calculators, Rules, exemptions Articles Notification, Circulars, Recent Changes, Duty Drawback Rates, Custom Rates, Anti-Dumping Duty
Custom Duty : Instead of a formal signature, some documents are marked with S/d- (an abbreviation for signed) as a form of attestation. This rai...
Custom Duty : Excessive credit card spending may attract tax notices. Learn how to manage credit card transactions to avoid scrutiny and ensure ...
Custom Duty : Explore the jurisdictional conflicts in recovery proceedings under Customs Act Section 28AAA and FTDR Act, highlighting key issues...
Custom Duty : Comprehensive review of Indian 2024 Budget reforms on Customs & GST, highlighting impacts on manufacturing, exports, and tax admin...
Custom Duty : Discover the key changes in customs and excise duties proposed in the Union Budget 2024-25, including updated rates and legislativ...
Custom Duty : Government seeks suggestions on mandatory qualifiers in import/export declarations for synthetic diamonds to improve identificatio...
Custom Duty : Discover key amendments in Customs duties and tariff rates effective July 2024, including changes in Basic Customs Duty, Health Ce...
Custom Duty : Ministry of Finance unveils reforms in customs duties to support manufacturing, boost exports, and simplify taxation. Includes exe...
Custom Duty : CBI arrests Customs Superintendent at Sahar Airport, Mumbai for accepting Rs 80,000 bribe to clear an imported consignment. Invest...
Custom Duty : Explore the API integration between ICEGATE and IECs/CBs, its impact on document filing efficiency, challenges addressed, and futu...
Custom Duty : CESTAT Bangalore rules Montanide ISA 206 VG is not classifiable as a veterinary vaccine. Penalty on Bharat Biotech under Customs A...
Custom Duty : CESTAT rules that supervision and efficiency test charges paid to overseas suppliers can't be included in the assessable value for...
Custom Duty : Delhi HC reduces pre-deposit requirement for Shubh Impexs appeal in customs duty dispute over imported goods classification....
Custom Duty : CESTAT Delhi held that imposition of penalty and revocation of customs broker license justified as customs broker abetted the ille...
Custom Duty : Rajasthan High Court orders adjudicating authority to reconsider the dual classification of Aerosol Valves under Customs Tariff He...
Custom Duty : The CBIC revises customs tariff values for crude and refined oils, brass scrap, gold, silver, and areca nuts effective August 15, ...
Custom Duty : Chennai Customs introduces ERAM on ICEGATE for automated exchange rate publication, effective from 4th July 2024. Access rates onl...
Custom Duty : Notification 53/2024 updates tariff values for edible oils, brass scrap, gold, silver, and areca nuts. Effective from August 1, 20...
Custom Duty : The Ministry of Finance has updated Customs Notification No. 50/2017 with a 10% BCD on laboratory chemicals. New rules apply from ...
Custom Duty : Learn about the new regulations for amending import documents under Section 149 of the Customs Act, 1962. Understand the timeline,...
It is directed to refer to the Board’s Ciurcular No. 34/2000-Cus. Dated 3rd May, 2000 on above mentioned subject. Paragraph 2(ii) of the said Circular provides the manner in which the value of the Mother Bond is to be calculated. It has been provided in Paragraph 2(iii) that the Mother Bond would be like a running bond, whereas carriers would be free to furnish security for each trip of vessel
WHEREAS in the matter of import of Ethylene Propylene Diene Rubber (EPDM), falling under Chapters 39 or 40 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), originating in, or exported from Korea RP, the Designated Authority vide its preliminary findings, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 23rd March, 2000.
WHEREAS in the matter of import of Metallurgical coke (hereinafter referred to as “Metcoke”) falling under Chapter 27 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), originating in, or exported from, China PR, the Designated Authority vide its preliminary findings, published in Part I, Section 1 of the Gazette of India Extraordinary, dated the 20th March, 1998.
In exercise of the powers conferred by sub-section (1) of section 9A of the Customs Tariff Act, 1975 (51 of 1975) read with rules”18 and 20 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995, and to give effect to the Order passed by the Customs, Excise and Gold (Control) Appellate Tribunal, New Delhi, dated the 7th February, 2000.
The Kendla Customs House has informed the Board that the provisional assessments of M/s Indian Oil Corporation Ltd. pending since 1994 for final quantification of the amount liquid bulk cargo have been finalised, on the basis of the Bombay High Court’s Judgement dated 17.7.1986 in W.P. No. 1236/81 and 1354/84 reported in 1986 (25) ELT 948 (Bom.).
It is directed to refer to the subject mentioned above and to say that a doubt has been raised as to whether the benefit of above exemption could be allowed to intravenous amino acids containing carbohydrates/electrolyhtes.
In exercise of the powers conferred by sub-section (2) of section 9A of the Customs Tariff Act, 1975 (51 of 1975) read with rule 13 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping duty on Dumped Articles and for Determination of Injury) rules, 1995, the Central Government hereby rescinds the notification of the Government of India in the Ministry of Finance (Department of Revenue). No.126/99 Customs, dated the 17th November, 1999, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-Section (I) vide G.S.R. 776(R), dated the 17th November,1999.
For the purposes of conversion of the amount specified in column (3) of the Table above into India currency, the “rate of exchange” applicable shall be the rate profited by the central Government under sub-clause (I) of clause (a) of sub-section (3) of section 14 of the said Customs Act, and in force on the date on whish the bill or entry is presented under section 46 of the said Customs Act.
In exercise of the powers conferred by sub-section (2) of section 9A of or Customs Tariff Act. 1975 (51 of 1975) rend with rule 13 of the Customs Tariff (Identification, Assessment and collection of Anti-dumping duty on Dumping Articles and for Determination of Injury) Rules. 1995. The Central Government rescinds the notification of the Government of India in he Ministry of Finance (Department of Revenue). No. 125/99-customs, dated the 15th, November, 1999, published in the Gazette of India, Extraordinary, Part II Section 3, Sub section (I) vide G.S.R. 773 (R), dated the 15th November, 1999.
WHEREAS in the matter of import of Acrylic Fibre falling under Including Nos. 5501 and 5503 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), originating In or exported from Turkey, the designated authority, vide its preliminary findings, published in the Gazette of India Extraordinary, Part I, Section I, dated the 15th October. 1999.
