Custom Duty
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Gold Smuggling Penalty Set Aside by CESTAT Kolkata, Evidence Lacking
CBIC Appoints CAA – Notification No. 47/2025-Customs (N.T.)
Anti-Dumping Duty: CBIC notifies HFC Blends Exporter Name Change
India Amends HFC Component R-32 Anti-Dumping Duty exporter name
Tariff Value for Edible Oils, Brass Scrap, Areca Nut, Gold & Silver wef July 16, 2025
Recovery of ineligible Focus Market Scrips u/s. 28AAA set aside as instrument not cancelled by DGFT
Customs Exemptions for Steel Imports: CBIC issues instructions
Gap between Anti-Dumping Duty doesn’t invalidate imposition of duty: Madras HC
Foreign origin cigarettes rightly concluded as smuggled as no import documents produced
Interest on Extra Duty Deposit not payable as importer failed to submit complete document
Bail Granted Under NDPS for Illegal Custody Without producing before Magistrate or Special Court
CESTAT Remands Finolex Refund Case on Unjust Enrichment Issue
CAAR Classifies Military Hauler as ‘Works Truck’, Sets Tariff for Parts
Classification of dog and cat feed imported in bulk packages/bag
Latest Custom Duty News
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Custom duty is an indirect tax which is applicable on goods which are imported into India and a few goods which are exported out of India. Globally, countries levy custom duties over import and export of goods for raising revenue and also for shielding their domestic companies from competitors from several other countries. Custom duty in India is imposed on almost universally all the goods which are imported into India. Export duties are imposed on few goods as provided under Second Schedule. These duties are not imposed on few items such as lifesaving drugs or equipment, food grains, fertilizers etc. Import duties are divided into basic duty, true countervailing duty, additional customs duty, protective duty, anti-dumping duty and education cess.
Customs duty in India is imposed according to the value of the goods or their weight, dimension and other various criteria as per the goods. Where the duties are based on goods value, then the custom duties are known as ad valorem duties, and where the duty is based on quantity or weight, the duties are known as specific duties.
Customs Act, 1962 empowers the government of India for levying customs duty, prohibiting import and export of goods, framing policies for exporting and importing and penalties, offences etc. All the matters which are related to custom duty comes under the CBEC (Central Board of Excise & Customs). The Central Board of Excise & Customs also formulates policies with respect to custom duty rate, smuggling prevention and administrative decisions that are related to customs formations.
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