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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


Is custom duty payable on transfer of goods from FTWZ to MOOWR

Custom Duty : Article delves into whether customs duty is payable when transferring goods from FTWZ to MOOWR, backed by relevant advance rulings...

June 19, 2024 324 Views 0 comment Print

CT 17 License for Importing New Drugs: Clinical Trials, Testing & Analysis

Custom Duty : Learn about the licensing process (Form CT 17) for importing new drugs or investigational new drugs for clinical trials, bioavaila...

June 7, 2024 282 Views 0 comment Print

Unveiling Tariffs: Navigating Through Types and Effects

Custom Duty : Introduction: – Tariffs are also known as customs duties, are basically taxes which are imposed on goods and services which ...

May 20, 2024 471 Views 0 comment Print

US-China Trade War: Tariff Timeline & Economic Implications

Custom Duty : Explore timeline of tariffs in US-China trade war, their economic impact, and Biden's latest tariffs on Chinese imports amid escal...

May 15, 2024 555 Views 0 comment Print

Clearing House Agents: Licensing requirements, application & examination procedures

Custom Duty : Understand the regulations and procedures for obtaining a Customs Broker license. Learn about eligibility criteria, application pr...

May 11, 2024 669 Views 0 comment Print


Latest News


CBIC mounts campaign against frauds committed in the name of Indian Customs

Custom Duty : Learn how CBIC is tackling frauds by imposters posing as Indian Customs officers. Stay safe with tips on identifying scams and pro...

June 18, 2024 1935 Views 0 comment Print

Electronic Cash Ledger (ECL) Implementation for Courier Imports, Effective March 1, 2024

Custom Duty : Ministry of Finance has announced implementation of Electronic Cash Ledger (ECL) for payment of import duties on goods imported th...

March 2, 2024 762 Views 0 comment Print

Assistant Commissioner of Customs Sentenced: CBI Case Details

Custom Duty : Learn about the sentencing of an Assistant Commissioner of Customs and his wife in a CBI case involving disproportionate assets, w...

February 8, 2024 1137 Views 0 comment Print

Advisory for Electronic Cash Ledger (ECL 2.0) on ICEGATE

Custom Duty : Stay informed with the latest ICEGATE advisory on Electronic Cash Ledger (ECL 2.0) changes for customs duty payments. Learn stepwi...

January 13, 2024 1386 Views 0 comment Print

ICEGATE Advisory for E-scrip to avail Export Incentive Schemes (RoSCTL, RoDTEP)

Custom Duty : CBIC's E-scrip module for digital access to RoSCTL and RoDTEP schemes. Step-by-step guide for exporters, including account creati...

January 5, 2024 2001 Views 0 comment Print


Latest Judiciary


CBLR Regulation 20(5) Timeline are directory: Calcutta HC

Custom Duty : Read the detailed analysis of Commissioner Of Customs (Airport & Admn.) Vs Shipping & Clearing Agents Pvt. Ltd. from Calcutta High...

June 24, 2024 78 Views 0 comment Print

Multicoloured Casual Wear Pyjama Not Classifiable as Trouser: CESTAT Kolkata

Custom Duty : Read the full CESTAT Kolkata order where the classification of multicoloured casual wear pyjamas as trousers for customs duty evas...

June 24, 2024 57 Views 0 comment Print

CAAR Ruling: Classification of Menthol Scented Sweet Supari & Flavoured & Coated Illaichi

Custom Duty : CCAR Ruling on customs classification of Menthol Scented Sweet Supari and Flavored Illaichi under Customs Tariff Act, 1975, includ...

June 22, 2024 162 Views 0 comment Print

Madras HC Orders Provisional Release of Imported Multifunction Printers

Custom Duty : Madras High Court orders provisional release of imported used digital printers, mandates payment of raised customs duty. Read full...

June 16, 2024 126 Views 0 comment Print

Madras HC allows Return of Passport to Smuggling accused on Humanitarian ground

Custom Duty : Read the detailed analysis of the Madras HC's judgment granting conditional return of passport to a Malaysian national facing tria...

June 15, 2024 150 Views 0 comment Print


Latest Notifications


Customs New Exchange Rates for Imports & Exports Effective June 21, 2024

Custom Duty : Indias CBIC updates foreign currency exchange rates for import and export goods, effective June 21, 2024. Check the latest rates f...

June 20, 2024 633 Views 0 comment Print

Appointment of Common Adjudicating Authority for SVB Case

Custom Duty : Explore the appointment of a Common Adjudicating Authority for finalizing provisional assessment in the SVB case concerning M/s Co...

June 19, 2024 39 Views 0 comment Print

Govt revises Tariff Values for Edible Oils, Metals, Areca Nuts wef 15.06.2024

Custom Duty : CBIC updates customs tariff values for various goods effective June 15, 2024. Key changes in palm oil, soya bean oil, brass scrap,...

June 14, 2024 279 Views 0 comment Print

CBIC extends levy of Provisional Anti-Dumping Duty on PVC Paste Resin

Custom Duty : Read about Customs Notification No. 09/2024 imposing provisional anti-dumping duty on Poly Vinyl Chloride Paste Resin from specifi...

June 13, 2024 969 Views 0 comment Print

Notification No. 42/2024-Customs (N.T.), Dated:12th June 2024

Custom Duty : Explore the latest Customs notification amendment by the Ministry of Finance, impacting Vizhinjam International Seaport operations...

June 12, 2024 465 Views 0 comment Print


The notification exempts materials required for manufacture of final goods for supply to United Nation aided programs, projects, FTZ, EOUs etc

June 10, 1994 295 Views 0 comment Print

Supplies of goods to any project or purpose in respect of which the Ministry of Finance, by a notification, on or after 20th June, 1994, permits the import of such goods at zero customs duty, coupled with the extension of benefits under Chapter 8 of the Export and Import Policy 1 April 1997 – 31 March 2002 published by the Government of India under Ministry of Commerce Notification No. 1 /1997-2002 dated 31st March 1997 as amended from time to time for domestic supplies.

The notification exempts specified goods imported for use in manufacture of export goods

June 3, 1994 1684 Views 0 comment Print

In respect of goods specified at Item numbers 16 to 22 of Annexure-I and transferred to the fields/ farms of the contract farmers, at any point of time as may be decided by the Assistant Commissioner of Customs or Deputy Commissioner of Customs, as the case may be, the unit shall be required to account for the goods so transferred to the farms/ fields of the contact farmers.

The notification provides effective rate of duty on gold and silver imported against SIL

April 27, 1994 2953 Views 0 comment Print

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 goods of the description specified in column (2) of the Table hereto annexed and falling within Chapter 71 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), when imported into India/from so much of the duty of customs leviable thereon which is specified in the said First Schedule as is in excess of the amount calculated at the rate specified in the corresponding entry in column (3) of the said Table and from the whole of the additional duty leviable thereon under section 3 of the said Customs Tariff Act, subject to the condition that the said goods are covered by a Special Import Licence issued in terms of the Export and Import Policy 1st April, 1997 – 31st March, 2002, published by the Government of India under Ministry of Commerce Notification No. 1/1997-2002, dated 31st March, 1997.

The notification exempts the container of durable nature if imported temporarily

March 16, 1994 5332 Views 0 comment Print

Provided that the importer, by execution of a bond in such form and for such sum as may be specified by the Assistant Commissioner of Customs or Deputy Commissioner of Customs binds himself to re-export the said containers within six months from the date of their importation and to furnish documentary evidence thereof .to the satisfaction of the said Assistant Commissioner and to pay the duty leviable thereon in the event of the importer”s failure to do so.

The notification provides effective rate of duty on the Air craft parts imported under standard exchange scheme

March 1, 1994 1285 Views 0 comment Print

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 parts of aircrafts falling within the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), when imported into India under the Standard Exchange Scheme, from so much of duty of customs leviable thereon, as is in excess of the duty of customs which would be leviable if the value of the said parts were made up of the Standard Exchange Cost, insurance and freight charges both ways., subject to the following conditions, namely.

The notification exempts bona-fide gifts imported by post or Air

September 16, 1993 1366 Views 1 comment Print

In exercise of the powers conferred by sub-section (1) of section 25 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. 107/91-Customs, dated the 25th July, 1991.

The notification exempts silver and gold imported under the scheme for export of gold / silver jewellery

June 28, 1993 451 Views 0 comment Print

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 platinum falling under heading No. 71.10 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) when imported into India by the Minerals and Metals Trading Corporation of India Limited, the Handicraft and Handloom Export Corporation, the State Trading Corporation, the State Bank of India and any agency authorised by Reserve Bank of India, for supply under the “Gold/Silver and Platinum Jewellery and articles Export Promotion and Replenishment Scheme” Export and Import Policy 1st April, 1997.

The notification exempts specified goods required for maintenance of capital equipments imported under EPCG Scheme

May 14, 1993 1093 Views 0 comment Print

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 satistied that it is necessary in the public interest so to do, hereby exempts capital equipments, and spare parts required for maintenance of such capital equipment not exceeding 10% of the C.I.F. value of the capital equipments actually imported, when imported into India by an importer undertaking an obligation to receive payments in freely convertible foreign currency for services rendered through the use of such capital equipment.

The notification exempts specified goods imported against a special value based advance license

March 16, 1993 274 Views 0 comment Print

(i) that the materials imported are covered by a Value Based Duty Exemption Entitlement Certificate (hereinafter referred to as the said certificate), issued by the Licensing Authority in the form specified in the Schedule annexed to this notification; (ii) that the importer, at the time of clearance of the imported materials –

The notification exempts specified goods for supply to a 100% EOU or a Unit working within a FTZ

March 16, 1993 475 Views 0 comment Print

Provided that nothing contained in this notification shall apply to import of Acetic Anhydride against licence issued after 24th November, 1993, except where such licences have been issued with the approval of Advance Licensing Committee in the office of the Director General of Foreign Trade.

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