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,...
Anti-dumping duty on Acrylic fibre originating in, or exported from Japan Spain, Portugal and Italy by specified exporters. Notification No. 8/99-Cus., dated 22-1-1999 Whereas in the matter of import of acrylic fibres, ranging from 1.5 denier to 8.0 denier and falling under Chapter 55 of the First Schedule to the Customs Tariff Act, 1975 (51 […]
Therefore , in exercise of the powers conferred by sub-section (1) of section 9A of the said Customs Tariff Act, 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, the Central Government after considering the aforesaid findings of the Designated Authority, hereby imposes on Lovastatin, falling under Chapter 29 of the First Schedule to the said Customs Tariff Act, originating in, or exported from, the Peoples Republic of China and imported into India.
Notification No. 6-Cus., dated 3rd January,1969 as amended by Notification No.13-Cus, dated the 11th January 1969, No.20-Cus., dated 10th January,1969., No.130-Cus., dated 6th September,1969 and No.31/90(N.T.)-Cus., dated 8-6-1990.
section 75- A of Customs Act, 1962 has been amended vide the Customs (Amendment), Act 1998 (No. 8 of 1999) dated 8th January, 1999. The Act received the assent of the President on 8th January, 1999. The amendment Act has reduced the period of three months provided in Section 75-A (1) and (2) of the Customs Act, 1962 to two months, within which period the drawback shall be paid
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 the goods specified in column (2) of the Table below when imported into India from Pakistan or Bangladesh from whole of the duty of customs leviable thereon under the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) and whole of the additional duty.
In exercise of the powers conferred by sub-section (1) of section 8B of the Customs Tariff Act, 1975 (51 of 1975), read with rules 12 and 14 of the Customs Tariff (Identification and Assessment of Safeguard Duty) Rules, 1997, and based upon the final findings of the Director General (Safeguards) published vide No. GSR 591 (E), dated 25th September, 1998 in the Gazette of India Extraordinary, Part II, section 3, sub-section (i), that the increased import of Propylene Glycol have threatened to cause serious injury to the domestic industry and imposition of Safeguard duty on imports of Propylene Glycol.
In exercise of the powers conferred by sub-section (1) of section 8B of the Customs Tariff Act,1975 (51 of 1975), read with rules 12 and 14 of the Customs Tariff (Identification and Assessment of Safeguard Duty) Rules, 1997, and based upon the final findings of the Director General (Safeguards) published vide No. GSR 613 (E), dated 12th October, 1998 in the Gazette of India Extraordinary, Part II, section 3, sub-section (i), that the increased import of Flexible Slabstock Polyol of molecular weight 3000-4000 used in the manufacture of Slabstock Foam and Polyurethane Foam mattresses have caused and further threatened to cause serious injury to the domestic industry, and imposition of Safeguard duty.
Importers are entitled to clear goods against debits in valid Passbooks vide Entry No. 13 Notification No. 34/98- Cus. dated 13.6.98. Merchant exporters are otherwise entitled to the benefit of exemption from SAD vide S. No. 12 of Notification No. 34/98-Cus. dated 13.6.98. This is a stand alone entry which exempts all goods which are for sale as such, and so long as the importers make a
I am directed to refer to Sl. No. 171 of Notification No. 2398-Cus dated 2.6.98, wherein goods specified in List 29, Sl. No. (i) (a), Wireless in Local Loop System (excluding terminal equipment) for basic Telecom Service Project, are extended concessional duty @ 20% basic and ‘Nil’ additional duty
Please refer to Board’s Circular Nos. 10/ 97- Cus. dated 17.4.97, 28/ 97 – Cus, dated 30.7.97, 5/98- Cus. dated 23.1.98, 19/98- Cus. dated and 33/98- Cus. dated 13.5.98 regarding DEPB Scheme & TRA facility there under
