Custom Duty Meaning, Calculators, Rules, exemptions Articles Notification, Circulars, Recent Changes, Duty Drawback Rates, Custom Rates, Anti-Dumping Duty
Custom Duty : Anti-dumping duty protects local manufacturers from unfairly cheap imports that can damage domestic markets. The article explains ...
Custom Duty : The new customs notifications standardize the effective import duty on gold and silver bullion at 15% through revised BCD, SWS, an...
Custom Duty : The article argues that the sharp increase in gold import duty was triggered by pressure on India’s forex reserves, rising oil p...
Custom Duty : Emergency customs relaxations introduced during the maritime crisis expire on 30 April 2026, leaving exporters uncertain. The fram...
Custom Duty : Highlights how the EMI Scheme allows businesses to defer duty payments, easing working capital pressure while improving operationa...
Custom Duty : The India–Oman Comprehensive Economic Partnership Agreement became operational on 1 June 2026 after completion of required proce...
Custom Duty : The reform removes value restrictions on courier exports, enabling higher-value shipments. It aims to boost e-commerce exports and...
Custom Duty : CBIC has allowed Eligible Manufacturer Importers to avail deferred payment of customs duty from 1 April 2026. The circular outline...
Custom Duty : The CBI has registered a bribery case against three Customs officials accused of taking illegal gratification to release seized go...
Custom Duty : The new rules enhance duty-free allowances and introduce digital declarations. The overhaul aims to speed up clearance and improve...
Custom Duty : Tribunal ruled that interest liability extends to the full duty adjudged under Section 28, regardless of whether payment is made t...
Custom Duty : The Court ruled that confiscation proceedings before Customs Authorities do not amount to prosecution before a judicial tribunal. ...
Custom Duty : Where an EPCG licence holder becomes incapable of fulfilling export obligations due to unavoidable circumstances such as SARFAESI ...
Custom Duty : CESTAT Chennai held that unsigned invoices, unauthenticated e-mails, and uncorroborated statements were insufficient to reject tra...
Custom Duty : The Tribunal held that a medicine containing Ergotamine was merely a preparation and not “Ergotamine and its salts” under Sche...
Custom Duty : The Central Government has amended Notification No. 62/2022-Customs to prescribe a 0% Basic Customs Duty on all goods falling unde...
Custom Duty : CBIC has designated a common adjudicating authority to decide several customs show cause notices issued by different commissionera...
Custom Duty : CBIC exercised its powers under the Customs Act, 1962 to appoint a common adjudicating authority for two customs proceedings invol...
Custom Duty : Appointment of Common Adjudicating Authority in the case of M/s. Hewlett Packard Enterprise India Private Limited, (IEC: 071500719...
Custom Duty : CBIC has directed Customs field formations not to seek FTP clarifications directly from DGFT. The new mechanism aims to ensure con...
Adequate publicity may be given to the Compounding of Offence Rules and these guidelines so that large numbers of cases are compounded resulting in reduction in number of cases pending in the courts. All the applications for compounding of offences must be disposed of within 6 months. The performance of the zone in realisation of compounding amount also may be indicated suitably in the monthly report to the Directorate of Data Management.
Representations have been received from trade that Special Economic Zones located at far flung areas face difficulty in commuting to customs offices which are away from the SEZs in pursuing various customs related work.
For the purposes of adjudicating the matters relating to show cause notice pertaining to M/s Clarrity Intermediates and Pesticides, Surat and Others, issued vide Directorate of Revenue Intelligence F.No.DRI/SRU/INV-2/2004, dated the 18th July, 2005, by the Additional Director General, Ahmedabad Zonal Unit, Rupen Bungalow, Near Jain Merchant Society, Paldi, Ahmedabad.
In exercise of the powers conferred by sub-section (1) of section 4 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby appoints the officers specified in column (5) of the Table below to act in respect of the matters specified in the corresponding entries in columns (2) and (3) of the said Table as officers specified in corresponding entry in column (4) of the said Table for the purpose of adjudication and investigation of such matters , 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 makes the following further amendments, in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No.39/96-Customs, dated the 23rd July, 1996, G.S.R. 291(E), dated the 23rd July, 1996, namely.
In exercise of the powers conferred by sub-clause (i) of clause (a) of sub-section (3) of section 14 of the Customs 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.105/2005-NT-Customs, dated the 25th November, 2005 [S.O.1659(E), dated the 25th November, 2005], the Board hereby determines for the purposes of said section relating to export goods, that the rate of exchange of conversion of each of the foreign currency specified in column (2) of each of Schedule I and Schedule II appended hereto into Indian currency or vice versa shall, with effect from the 1st January, 2006, be the rate mentioned against it in the corresponding entry in column (3) thereof.
In exercise of the powers conferred by sub-clause (i) of clause (a) of sub-section (3) of section 14 of Customs 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.104/2005-NT-Customs, dated the 25TH November, 2005 [S.O.1658(E) dated the 25th November, 2005], the Board hereby determines for the purposes of said section, relating to imported goods, that the rate of exchange of conversion of each of the foreign currency specified in column (2) of each of Schedule I and Schedule II appended hereto into Indian currency or vice versa shall, with effect from the 1st January, 2006.
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 makes the following amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 89/2005-Customs, dated the 4th October, 2005 GSR 624(E), dated the 4th October, 2005. namely.
Whereas in the matter of import of Sodium Cyanide (hereinafter referred to as the subject goods), falling under sub heading number 2837 11 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), originating in, or exported from, the Chinese Taipei (hereinafter referred to as the subject country), the designated authority in its final findings vide notification No.14/14/2004 -DGAD, dated the 24th October, 2005, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 24th October, 2005.
Whereas the designated authority vide notification No.15/9/2003-DGAD dated the 29th March, 2004, published in Part I, Section 1 of the Gazette of India, Extraordinary, dated the 29th March, 2004, had initiated review in the matter of continuation of final anti-dumping duty on Sodium Cyanide (hereinafter referred to as the subject goods), falling under Sub-heading 2837 11of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to as the Customs Tariff Act), originating in, or exported from the United States of America, European Union, Czech Republic and Korea RP, imposed vide notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 83/2000-CUSTOMS, dated the 6th June, 2000, G.S.R. 522 (E), dated the 6th June, 2000, superseded by notification No. 10/2001-CUSTOMS dated 31st January 2001,G.S.R. 47(E), dated the 31st January, 2001 and extended by notification No.56/2005-CUSTOMS, dated 23rd June 2005, G.S.R. 420(E), dated the 23rd June, 2005.