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 : The Court held that retention of seized cash beyond six months is illegal if the extension order under Section 110(2) of the Custo...
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 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...
The principal notification No.12/97-CUSTOMS (N.T.), dated the 2nd April, 1997 was published in the Gazette of India, Extraordinary Part-II, section 3, sub-section ( i ), vide G.S.R.193 (E) dated the 2nd April, 1997 and last amended by Notification No.8/2004-CUSTOMS (N.T.) dated 22nd January, 2004 published in the Gazette of India, Extraordinary Part-II, section 3, sub-section ( i ), vide G.S.R.70 (E) dated the 22nd January, 2004.
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 Deputy Commissioner of Customs (Export), Customs House, Tuticorin to act as Deputy Commissioner of Customs, Chennai Seaport, Deputy Commissioner of Customs, Calicut, Deputy Commissioner of Customs, Tirupur ICD.
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 (Imports), Air Cargo Complex, Mumbai to act as Commissioner of Customs, Air Cargo Complex, Kolkata for the purpose of adjudicating the matters relating to Show Cause Notice, pertaining to M/s. M. B. Electronics, M/s Kaiser Electronics and M/s Navkar Electro System, all located at 2/B, Amba Bhavan.
The principal regulations were issued vide notification No. 87/98-Customs (N.T.), dated the 9th November, 1998 and published in the Gazette of India Extraordinary Part II, Section 3, sub-section (i), dated the 9th November, 1998 vide number G.S.R. 662(E), dated the 9th November, 1998 and last amended vide notification No. 68/2004-Customs (N.T.), dated the 17th May, 2004, published in the Gazette of India Extraordinary Part II, Section 3, sub-section (i), dated the 17th May, 2004 vide number G.S.R. 345 (E) dated the 17th May, 2004.
In exercise of powers conferred by sub-section (2) of section 9A of the Customs Tariff Act, 1975 (51 of 1975), read with rule 13 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995.
These have been examined by the Board, and necessary clarifications are given at Annexure -I enclosed. These may kindly be brought to the notice of all concerned through appropriate public notices.
In other words specified imported goods (including Polyester Texturised Yarn – PTY) are chargeable to NCCD twice-once as CVD under section 136 of the Finance Act 2003 and again as Customs duty under Section 134 of the Finance Act 2003. Vide Notification No. 77/2003-Cus. dated 14.5.2003, NCCD collected as CVD.
The Government liberalized the import of gold and silver in the policy initiative announced in January, 2004 vide DGFT”s Notification No. 29 (RE-2004)/2002-07, dated 28.1.2004, in as much as the import of these items was allowed without the requirement of an import license or in order words it was brought under OGL. However, under Notification No. 80/97-Cus. dated 21.10.1997.
The Ministry of Agriculture , Department of Agriculture and Cooperation vide Notification dated 31.5.2004 issued from F.No.8-128/2004-PPI ( copy enclosed), have deleted sub-clause 21 and 22 of clause 3 of the of Plant Quarantine (Regulation of Import into India) Order, 2003 with immediate effect .
The principal notification was published in the Gazette of India, Extraordinary, vide notification No.36/2001-CUS (N.T.), dated, the 3rd August, 2001 [S.O.748(E), dated, the 3rd August, 2001] and was last amended vide notification no.50/2004-Cus. (N.T.), dated the 12th April, 2004 [S.O.489(E), dated, the 12th April, 2004].
