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Custom Duty

Custom Duty Meaning, Calculators, Rules, exemptions  Articles Notification, Circulars, Recent Changes, Duty Drawback Rates, Custom Rates, Anti-Dumping Duty

Latest Articles


Legal Validity of “S/d-” on Documents: The Final Word

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...

August 16, 2024 1182 Views 0 comment Print

High Credit Card Use Can Trigger Income Tax Scrutiny

Custom Duty : Excessive credit card spending may attract tax notices. Learn how to manage credit card transactions to avoid scrutiny and ensure ...

August 7, 2024 4035 Views 0 comment Print

Jurisdictional Overlap on Recovery Between Customs and FTDR

Custom Duty : Explore the jurisdictional conflicts in recovery proceedings under Customs Act Section 28AAA and FTDR Act, highlighting key issues...

July 31, 2024 363 Views 0 comment Print

Comprehensive Analysis of Indian Customs & GST Reforms in 2024 Budget

Custom Duty : Comprehensive review of Indian 2024 Budget reforms on Customs & GST, highlighting impacts on manufacturing, exports, and tax admin...

July 26, 2024 465 Views 0 comment Print

Budget 2024-25: Changes under Customs & Excise

Custom Duty : Discover the key changes in customs and excise duties proposed in the Union Budget 2024-25, including updated rates and legislativ...

July 24, 2024 1542 Views 0 comment Print


Latest News


CBIC invites Suggestions on Additional Import/Export Declarations for Synthetic Diamonds

Custom Duty : Government seeks suggestions on mandatory qualifiers in import/export declarations for synthetic diamonds to improve identificatio...

August 16, 2024 81 Views 0 comment Print

Budget 2024: Customs Duty Amendments – Key Changes and Rates

Custom Duty : Discover key amendments in Customs duties and tariff rates effective July 2024, including changes in Basic Customs Duty, Health Ce...

July 26, 2024 2937 Views 0 comment Print

Customs Duty Reforms: Boosting Manufacturing & Export Competitiveness

Custom Duty : Ministry of Finance unveils reforms in customs duties to support manufacturing, boost exports, and simplify taxation. Includes exe...

July 23, 2024 111 Views 0 comment Print

CBI Arrests Customs Officer in Rs 80,000 Bribery Case

Custom Duty : CBI arrests Customs Superintendent at Sahar Airport, Mumbai for accepting Rs 80,000 bribe to clear an imported consignment. Invest...

July 19, 2024 558 Views 0 comment Print

Note On API-Based Integration Between ICEGATE And IECs/CBs

Custom Duty : Explore the API integration between ICEGATE and IECs/CBs, its impact on document filing efficiency, challenges addressed, and futu...

July 17, 2024 153 Views 0 comment Print


Latest Judiciary


Delhi HC Eases Pre-Deposit in Customs Duty Dispute

Custom Duty : Delhi HC reduces pre-deposit requirement for Shubh Impexs appeal in customs duty dispute over imported goods classification....

August 18, 2024 60 Views 0 comment Print

Penalty imposed on customs broker for non-compliance with provisions of CBLR, 2018: CESTAT Delhi

Custom Duty : CESTAT Delhi held that imposition of penalty and revocation of customs broker license justified as customs broker abetted the ille...

August 16, 2024 114 Views 0 comment Print

Rajasthan HC Directs Re-examination of Aerosol Valves Classification

Custom Duty : Rajasthan High Court orders adjudicating authority to reconsider the dual classification of Aerosol Valves under Customs Tariff He...

August 16, 2024 54 Views 0 comment Print

Customs Broker Not Liable for Importer’s Misdeclarations Without Deliberate Intent or Negligence

Custom Duty : Customs brokers must perform their duties with diligence, they should not be held responsible for penalties arising from misdeclar...

August 16, 2024 75 Views 0 comment Print

Rejection of refund claim for non-mentioning of period particulars in CA’s certificate is harsh: CESTAT Chennai

Custom Duty : CESTAT Chennai rejection of refund claim merely for non-mentioning of period particulars in CA’s certificate unjustifiable as re...

August 16, 2024 144 Views 0 comment Print


Latest Notifications


Customs Tariff Values for Gold, Silver, Oils & Areca Nuts wef 15.08.2024

Custom Duty : The CBIC revises customs tariff values for crude and refined oils, brass scrap, gold, silver, and areca nuts effective August 15, ...

August 14, 2024 153 Views 0 comment Print

Launch of Exchange Rate Automation Module (ERAM) – Reg

Custom Duty : Chennai Customs introduces ERAM on ICEGATE for automated exchange rate publication, effective from 4th July 2024. Access rates onl...

August 5, 2024 411 Views 0 comment Print

Govt revises Tariff Values for Edible Oils, Metals, Areca Nuts wef 01.08.2024

Custom Duty : Notification 53/2024 updates tariff values for edible oils, brass scrap, gold, silver, and areca nuts. Effective from August 1, 20...

August 2, 2024 207 Views 0 comment Print

CBIC amends BCD Rate for Laboratory Chemicals | Notification No. 41/2024

Custom Duty : The Ministry of Finance has updated Customs Notification No. 50/2017 with a 10% BCD on laboratory chemicals. New rules apply from ...

July 31, 2024 387 Views 0 comment Print

Draft Regulations for Amendment of Customs Import Documents Timeline

Custom Duty : Learn about the new regulations for amending import documents under Section 149 of the Customs Act, 1962. Understand the timeline,...

July 29, 2024 402 Views 0 comment Print


Drawback -conversion of DBK SBs into DEEC-cum-DBK SBs – Circular no. 74/97-Cus applicable

February 23, 2000 922 Views 0 comment Print

Attention is invited to this Ministry’s guidelines on the above subject circulated under Circular No. 74/1997-Customs (F.No. 609/443/97-DBK) dated the 30th December, 1997

Vegetable Oil — ‘in loose or bulk form’ – defined

February 23, 2000 928 Views 0 comment Print

It is directed to refer to the subject mentioned above and to say that doubts have been expressed in regard to the scope of the term “vegetable oils (Other than coconut oil, RBD Palm Oil, RBD Palm kernel oil and Palm stearin) of edible grade, in loose or bulk form” used in notification No.20/99-Cus., dated 28.2.99. This notification, inter alia, prescribes (at Sl.No.11) a concessional Basic Customs

EPCG (Zero duty) Scheme — scope of Notification No 29/97-Cus – clarified

February 22, 2000 523 Views 0 comment Print

It has been reported to the Board that exemption from 10% CVD under zero duty EPCG Scheme in terms of customs notification number 29/97-Cus. Dated 1.4.97 has been extended by some Custom Houses even to machines like knitting/dyeing/compacting etc. i.e. machines which are used in the manufacture/processing of fabrics and not garments

Notification No. 11/2000-Customs (N.T.) Dated: 21st February, 2000

February 21, 2000 250 Views 0 comment Print

This notification appoints the Commissioner of Customs (ICD), New Delhi to be the Commissioner of Customs, to exercise the powers of the Commissioner of Customs, Chennai for specified purposes

Notification No. 15/2000-Customs, Dated: 21.02.2000

February 21, 2000 436 Views 0 comment Print

The principal notification was published in the Gazette of India, Extraordinary, vide notification No. 22/99-Customs, dated the 28th February, 1999 [G.S.R. 158 ( E), dated the 28th February, 1999] and was last amended by notification No. 140/99-Customs, dated the 30th December, 1999.

Notification No. 14/2000-Customs, Dated: 21.02.2000

February 21, 2000 739 Views 0 comment Print

The principal notification was published in the Gazette of India, Extraordinary, vide notification No. 20/99-Customs, dated the 28th February, 1999, [G.S.R. 156 ( E ), dated the 28th February, 1999 ] and was last amended by notification No. 139/99-Customs, dated the 30th December, 1999.

Baggage Rules — Tourist baggage – no endorsement of imports of personal effects on tourists’ passports

February 18, 2000 493 Views 0 comment Print

The provision of TBRE was obolished in 1994 and the Baggage Rules were liberalized to facilitate the clearance of baggage of visiting tourists. In terms of Rule 7 of the Baggage Rules, 1998 read with Appendix E, tourists are allowed to bring their personal effects and travel souvenirs subject to certain conditions. For the sake of uniformity in defining personal effects, the Board had issued a circular

Misdeclaration — rice consignments to be checked

February 18, 2000 259 Views 0 comment Print

It has come to the notice of the Board that some importers are misdeclaring the first class (Unbroken) rice as broken rice in order to import under OGL. It has also been reported that some importers have imported the rice at a price of Rs. 17 per kg., which suggests the possibility of such mis-declaration.

CHA Licence Exam – clarification on certain diplomas/certificate

February 17, 2000 304 Views 0 comment Print

It is directed to refer to CBEC circular No. 62/98-Cus dated 28.8.1998 issued from F. No. 502/108/96-Cus.VI regarding classification on provisions of the amended CHALR, 1984 and to say that Director General Shipping Mumbai, has clarified that the certificate of Competency (Deck Officer) Class 1 (Master Mariner) Registered at the Office of the Register General of Shipping and

EOUs and EPZ/ST/EHTP Units – amending notifications clarified

February 17, 2000 457 Views 0 comment Print

Representations have been received from Trade and Industry as also the Ministry of Commerce about the need to align the provisions of the Customs and Central Excise notifications governing import/procurement by EOUs and units in EPZ/STP/EHTP with those of the Exim Policy, 1997-2002 and to provide for procedural simplification in relation to EOU/EPZ/STP/EHTP schemes

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