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...
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 Commissioner of Customs (Import), New Custom House, Mumbai Port, Mumbai to act as (i) Commissioner of Customs (Import), Jawahar Custom House, Nhava Sheva, Uran Raigard, Maharashtra, (ii) Commissioner of Customs (Airport and Aircargo), Custom House, Kolkata and (iii) Commissioner of Customs (Port), Custom House, Kolkata for the purposes of adjudicating the matters relating to show cause notice pertaining to M/s Jindal Steel and Power Ltd, Jindal Centre, 12, Bhikaiji Cama Place, New Delhi and Others, issued, vide, F.No. 50D/71/2004-C.I,(Pt.V) dated the 12th May, 2005, by the Additional Director General, Directorate of Revenue Intelligence, D Block, I.P. Estate, New Delhi.
For the purpose of adjudicating The Show Cause Notice issued to M/s Vishal Plastomers Private Limited, Ahmedabad and Others, vide F.No: DRI/AZU/INV-1/2004, dated the 19th July, 2005, by the Additional Director General, Directorate of Revenue Intelligence, Ahmedabad, Zonal Unit, Rupen Bungalow, Near Jain Merchant Society, paldi, Ahmedabad, Gujrat.
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 makes the following amendments in the notification of the government of India in the Ministry of Finance (Department of Revenue) number 106/2004-Customs (N.T.), dated the 23rd September, 2004 which was published in the gazette of India, extraordinary, vide number G.S.R. 637 (E) dated the 23rd September, 2004, 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.73/2005-NT-Customs, dated the 26th August, 2005 [S.O.1196(E), dated the 26th August, 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 October, 2005.
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.72/2005-NT-Customs, dated the 26th August, 2005 [S.O.1195 (E) dated the 26th August, 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 October, 2005.
Whereas in the matter of import of Rubber Chemicals namely, MBT (2-Mercapto Benzothiazole, also known in trade as Accelerator M), CBS (N-cyclohexyl-2-benzothiazole sulphenamide, also known in trade as Accelerator CZ or Accelerator HBS ) and MBTS(Dibenzothiazole disulphide, also known in trade as Accelerator DM ), falling under the heading or sub heading No. 2925 20, or 2934 20 or 3812 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), originating in, or exported from, the People’s Republic of China, the designated authority in its final findings, vide notification No.14/9/2004 – DGAD dated the 6th July, 2005.
(a) in CHAPTER 28, against tariff item 2817001002, for the entry in column 2, the entry Zinc Oxide -IP/BP/USP Grade shall be substituted; (b) in CHAPTER 33, against tariff item 33074100, for the entry in column 2, the entry Perfumed Agarbatti/Incence sticks/Dhoop/Loban shall be substituted
It has been decided to allow Indian Nationals undertaking visit abroad to buy from duty free shops at International Airports at India in Indian Rupees goods worth Rupees 5000/-(Five thousand only) per passenger per visit subject to following safeguard,-
Whereas, in the matter of anti-dumping duty on nylon tyre cord fabric of all types (hereinafter referred to as the subject goods), falling under Chapter 59 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), originating in, or exported from People’s Republic of China (hereinafter referred to as the subject country), the designated authority vide notification No.14/20/2003-DGAD dated 9th March 2005, published in Part I, Section 1 of the Gazette of India, Extraordinary, dated the 7th April 2005.
In exercise of the powers conferred by sub-rule (1) of rule 3 of the Customs Tariff (Transitional Product Specific Safeguard duty) Rules, 2002, and in supersession of notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 104/2004-CUSTOMS (N.T) Issued vide G.S.R. No. 578 (E) dated the 8th September, 2004.
