Custom Duty Meaning, Calculators, Rules, exemptions Articles Notification, Circulars, Recent Changes, Duty Drawback Rates, Custom Rates, Anti-Dumping Duty
Custom Duty : Learn about the AEO certification, its benefits for businesses, eligibility criteria, and the process to become a trusted economic...
Custom Duty : CBIC introduces Ekal Anubandh for single electronic bonds, reducing costs and delays for importers/exporters. Learn about its feat...
Custom Duty : Learn about the Special Valuation Branch (SVB) under Indian Customs and how it determines the value of transactions between relate...
Custom Duty : Learn about recent updates to customs refund procedures, including electronic filing on ICEGATE, improved transparency, and change...
Custom Duty : The Supreme Court rules DRI officers as proper officers for customs under Section 28, overturning past judgments and reshaping tax...
Custom Duty : The government exempts import duties on specific life-saving drugs for rare diseases under set conditions. Learn about eligibility...
Custom Duty : This FAQ guide provides clarity on key aspects of customs duties and tariff structure updates in Budget 2025-26. Basic Customs Dut...
Custom Duty : Apply for the Indirect Tax Internship Scheme FY 2025-26 at CBIC, available for law students and graduates. Stipends and certificat...
Custom Duty : Summary of SEBI and Customs Notifications for February 2025 including amendments to duties, exemptions, and changes to specific ta...
Custom Duty : Union Budget 2025-26 proposes changes in customs duties, including exemptions for life-saving medicines, e-mobility, and support f...
Custom Duty : Delhi High Court held that the Baggage Rules would have limited application to foreign nationals and as jewellery is part of perso...
Custom Duty : CESTAT Delhi held that duty has to be paid when goods imported into an SEZ are not used for the authorised operations but are sold...
Custom Duty : CESTAT Delhi rules customs duty exemption cannot be denied if export obligations are met and EODCs issued, overturning a ₹21 cro...
Custom Duty : Delhi HC orders release of Rolex watch, criticizes Customs for relying on standard waiver forms, citing lack of due process in det...
Custom Duty : CESTAT Chennai abates Neoteric Infomatique’s customs appeal after NCLT’s approval of the resolution plan, citing Supreme Court...
Custom Duty : Notification No. 12/2025-Customs revises tariff values for crude palm oil, gold, silver, and more under the Customs Act, effective...
Custom Duty : CBIC clarifies that AIR duty drawback should not be denied based on non-duty paid inputs. Field formations must follow Circular No...
Custom Duty : The Ministry of Finance issues a corrigendum to Notification 26/2024-CUSTOMS (ADD), clarifying details on Textured Toughened Glass...
Custom Duty : India imposes a 20% countervailing duty on saccharin imports from China for five years to prevent subsidization and protect domest...
Custom Duty : The Ministry of Finance issues Notification 15/2025-Customs, amending Notification 50/2017. Changes impact S.No. 551 and 555, effe...
I am directed to refer to Board’s F.No.305/52/85-FTT dated the 15th April 1987 wherein the method for calculating the depreciation on ‘Capital goods’ permitted to be taken outside the units, was prescribed, and the over all limit of depreciation was fixed at 70%. Subsequently Board in their F.No. 314/19/94- FTT Part – VI, dated 11th April, 1997 had provided for acclerated rate of
Hangers have been allowed to be imported duty free by bona fide importers under Sl. No.68 of Notification No. 11/97-Cus. It has been brought to the notice of Board that size tabs like M/L/S which are fixed on hangers for easy identification of different sizes/ styles are being imported. Such size tabs are to be exported along with hangers in case of export of readymade garments in hanger
In supersession of Circular No. 17/97- Cus dated 4.6.97 issued by the Directorate of Drawback, Deptt. of Revenue, Ministry of Finance, on the above subject, the following guidelines regarding requirement/ acceptance of certificates of non-acailment of Modvat facility for the purposes of processing the drawback claims may be followed in future
I am directed to invite You attention to Board’s Circular No. 38/96-Cus, dated 9-7-1996, No. 27/97-Cus, dated 8.7.1997 and No. 48/97-Cus, dated 13.10.97 issued from F.No. 305/92/97-FTT regarding procedure to be followed by the Nominated Agencies for supplying duty free gold to exporters under various schemes under the EXIM Policy 1997-2002. In addition to MMTC, SBI, STC,
Board has received information from M/s. Bharat Opthalmic Glass Ltd., Durgapur, West Bengal that certain unscrupulous persons are importing Flint Buttons (which are distintively different from Opthalmic Blanks) and are clearing the same under the description Opthalmic Blanks under Notification No. 11/97 (Sl. No. 95)
It has been brought to the notice of the Board by the trade associations and Ministry of Commerce that the units in EPZ/ EHIP are unable to take out samples to show it to their prospective buyers because of the lengthy procedure to be followed
Instances cone to the notice of the Board through the Commissioner of Customs, Mumbai and also a study of the above mentioned subject by Directorate of Valuation, Mumbai that in a number of cases of import of PTA originating from recognised trading houses in Japan, claiming that the goods are manufactured by M/s. Kohap Chemical Corporation but exported by some other Party are claming
Your attention is invited to the Circular No. 44/97-Custom dated 30.9.1997. The Conference of Commissioner at Chennai had discussed the circular and suggested that the interpretation of Para 6 has created many problem and existing regular importers have started questioning the established assessment practices. They had suggested to review the circular
Para 6 of Circular No. 10/97-Cus provided that, under DEPB Scheme, imports and exports can be undertaken only from the port of registration of the DEPB scrip. This condition was relaxed by issue of Circular No. 28/97-Cus., to permit imports from Delhi, Mumbai, Calcutta and Chennai, for DEPB Scrips registered at any of these ports. Further relaxation for Hyderabad Airport and ICD was
I am directed to refer to notification No.133 / 94-Cus dated 22.6.94 governing 100% EOUs set up in various Export Processing Zones/ Free Trade Zones. Under the above notification, seven earlier notifications each governing 100% EOU in an Export Processing Zone, Were rescinded. In this connection, the following doubts have been raised
