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 : 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 : Delhi High Court rules that a Customs Broker license cannot be suspended as a penalty for not physically verifying the exporter's ...
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 Simplified brand Rate Fixation Scheme” under which brand rates of drawback can be determined without pre- verification of date was announced vide this Ministry’s letter F.No. 609/113/88- DBK dated 11.10.88. Application form and statements were also enclosed with the Ministry’s said letter. To begin with, the scheme was applicable to manufacturer – exporters in engineering, chemical
The Ministry has announced new All Industry rates of Drawback effective from 23.10.1996, vide Notification No. 49/96-Cus. (NT), dated 22.10.1996
Attention is invited to Ministry’s telex dated 16th August, 1996 issued from F.No. 605/261/96-DBK whereby it was clarified that credit under the Pass Book Scheme in terms of Notification No. 104/95- Customs as amended by notification No. 155/95-Customs shall be
I am directed to refer to Board’s F.No. 450/30/94- Cus. IV dated 3rd June 1994 by which transhipment of import cargo from International Air ports such as Bombay to domestic customs airports by Air Taxi Operators was allowed. The transport of export cargo from Inland airports to Gateway international airports is presently being handled by Indian Airlines. It has now been decided that, in
Exemption to imports by Ford Foundation. 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 all the goods including automobiles, imported into India by the Ford Foundation for their official use from the whole of the duty of customs leviable thereon under First Schedule to the Customs Tariff Act,
I am directed to say that the Customs (Import of Goods at Concessional Rate of Duty for Manufacture of Excisable Goods) Rules, 1996 which shall come into effect on 1st September, 1996 have been modified slightly vide Notification No. 43/ 96-Customs (N.T.) dated 30th August, 1996
In supersession of all earlier instructions contained in :- Circular Nos. 52/95-Cus. dt. 25.5.95, 97/95 dt. 14.9.95, 123/95 dt. 4.12.95 & telex F.No. 605/75/95-DBK dt. 25.8.95, the following guidelines are hereby issued for execution of Bonds and Bank Guarantee
Attention is invited to Ministry’s Circular No. 22/96-Cus. dated 19th April, 1996 and 41/96-Customs dated 5.8.96 on the subject of conversion of DEEC Shipping Bills to Pass Book Shipping Bills. These circulars permit DEEC Shipping Bill filed before 31.5.95 to be converted to Pass Book Shipping Bill in the following circumstances
Representations have been received pointing out difficulties in production of Shipping Bill before the Central Excise authorities for recording of examination report as provided in the said circular. The matter has therefore been re-examined and it has been decided that Central Excise authorities need not record the Examination report on the Shipping Bills. The goods can be examined by the
Some representations have been received wherein exporters have pointed out difficulties in claiming drawback under section 74 of the Customs Act on hangers supplied free of charge by the foreign buyer of ready-made garments and cleared on payment of Customs duties. In such cases the exporters claim All Industry rate of drawback on garments in addition to drawback on hangers under section
