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...
The Export Promotion Board has been examining problems of Export production and export clearance regularly under the Chairmanship of the Cabinet Secretary. A number of Sectors specific problems were raised in the meeting on 3rd Sept., 1997. These have been examined and it has been decided by the Board as under
I am directed to refer to Board’s Circular No. 29/ 95 dated 29th March, 1995 (issued from F. No. 473/ 6/ 95-LC) on the above subject and to say that as a measure of further relaxation, it has been decided to do away with the requirement of 5% Bank Guarantee in the case of imported goods of 100% E.O.Us/ EHTP/ STP and EPZ Units. However, a transit bond or an insurance policy equivalent to the
I am directed to refer notification 43/ 97-Customs (N.T.) dated 11th September, 1997 issued under Sec. 98A of the Customs Act, 1962 to exempt vessels from the provisions of Section 92, 93, 94, 97, & 98 (1) of the said Act
The Board has received several representations from the Trade and Chambers of Commerce for permitting clearances of export / import goods under DEEC Scheme from the Inland Container Depots at Nagpur, Ahmadabad, Surat, Kanpur, Varanasi, Agra and Jaipur. After examining the feasibility of extending Customs Clearance facilities at these Stations in consultation with Chief
I am directed to refer and enclose a copy of each of The Finance Acts (Amendment) Ordinance, 1997 dated 16th September, 1997 promulgated by the President of India and notification No. 1/ Foreign Travel Tax dated 18th September, 1997. The combined effect of the above said letters is that with effect from 26.9.97 Foreign Travel Tax will be chargeable at the rate of Rs. 750/- (Seven hundred and
Member (Customs) was recently informed in a Meeting with Secretary (Commerce) and Secretary (Textiles) that Garment exporters are facing difficulties at the time of logging of their exports in DEEC Book on the following counts
All pending Customs cases as on 1.8.1997 involving duty amounts of Rs. 10 lakh and more shall be adjudicated by December, 1997. It is estimated that the total Customs duty involved in these cases is approximately Rs. 500 crones. The objective should be to ensure immediate recovery on completion of adjudication. Wherever appeals are being filed by the importers or their agents, the efforts.
A reference has been made to the Board by CC, Bombay regarding the interpretation of proviso to condition 3 of the Notification No. 104/ 95- Cus. dated 30.5.95
Kindly refer to Board’s letter F.No. 605/ 75 (A) / 95-DBK dated 8th August, 1997 regarding revised Norms for execution of Bond and Bank Guarantee under DEEC Scheme
It has been observed that most of the correspondence pertaining to Customs Civil cases are received incomplete in the Board. For example the Assistance Commissioner (Legal) would be for warding a copy of the High Court orders for “necessary action at you end”. This is forwarded without any of the supporting documents in the form of opinion of Standing Counsel, Branch Secretariat of Ministry
