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 : 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 : Customs brokers must perform their duties with diligence, they should not be held responsible for penalties arising from misdeclar...
Custom Duty : CESTAT Chennai rejection of refund claim merely for non-mentioning of period particulars in CA’s certificate unjustifiable as re...
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,...
The principal notification No. 51/96-Customs, dated the 23rd July, 1996 was published in the Official Gazette, vide G.S.R. 303(E), dated the 23rd July, 1996 and was last amended by notification No. 28/98-Customs, dated the 2nd June, 1998.
Provided further that the exemption under this notification shall bot be applicable in respect of goods mentioned against serial No.3, where the mode of levy of duty of customs under the said First Schedule is ad valorem or specific, whichever is higher, if the sum of duty calculated at such ad valorem rate and the surcharge calculated on the basis of the ad valorem duty exceeds the anmount of duty calculated at the specific rate.
Provided that in respect of the goods specified against S. Nos. 24, 25, 26 , 31 and 32 of the said Table, “Nil” rate shall be subject to the conditions, if any, subject to which the goods are exempt either partially or wholly from the duty of customs leviable thereon which is specified in the First Schedule to the Customs Tariff Act.
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 exempts goods falling under the heading No. or sub-heading No. of the First Schedule to the Customs Tariff Act, 1975.
In exercise of the powers conferred by sub-section ( 1 ) 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 exempts the foods of the description specified in column ( 3 ) of the Table below or column ( 3 ) of the said Table read with the relevant List appended hereto, as the case may be, and falling within the Chapter, heading No. or sub-heading No. of the First Schedule to the Customs Tariff Act, 1975.
Attention is invited to the Ministry’s Circular No. 83/95-Customs (F. No. 602/2/95-DBK) dated the 20th July, 1995, whereunder powers were delegated to Customs Appraisers to sanction drawback upto Rupees one lakh in each case (subject to certain percentage checks by Assistant Commissioners) in Major Customs Houses in Mumbai, Calcutta, Chennai and Delhi and upto Rs. 30,000/- in
In exercise of the powers conferred by sub-section (1) of section 4 of the Customs Act, 1962 (52 of 1962), the Central Government hereby appoints the Commissioner of Customs, Calcutta to be the Commissioner of Customs having jurisdiction over the
In exercise of the powers conferred by sub-clause (a) of sub-section (3) of section 14 of theCustoms Act 1962 (52 of 1962) and in supersession of the Notification of the Government of India in the Ministry of Finance (Department of Revenue) No.09/2000-
In exercise of the powers conferred by sub-section (2) of section 20 of the Indian Stamp Act 1899 (2 of 1899) and sub-clause (i) of clause (a) of sub-section (#) of Section 14 of Customs Act, 1962 (52 of 1962) and in supersession of the Notification of the
It is directed to refer to the subject mentioned above and to say that doubts have been raised regarding classification and levy of duty on “Vanila Extract” due to an anomaly in the description of sub-heading 1302.13 in the Customs Tariff published by the Directorate of Publications vvis-à-visthat published by the private publishers. It has been stated that in the Customs Tariff published
