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 ...
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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...
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Custom Duty : CAAR Mumbai held that CKD kits comprising discrete electronic components could not be classified as motherboards under CTH 8473 30...
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 : Government extends countervailing duty on aluminium wire/wire rod imports from Malaysia up to 23 March 2027 through Notification N...
Custom Duty : Government extends anti-dumping duty on aluminium foil from China, Malaysia, Thailand and Indonesia up to 15 December 2026. Notifi...
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...
In exercise of the powers conferred by sub-clause (i) of clause (a) of sub-section (3) of section 14 of 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.40/2003-NT-Customs, dated the 25th June, 2003.
Trade has represented that in cases where the goods are being imported from neighbouring countries or where the import takes place through Air, often invoice/packing list/bill of lading (Airway Bill) for the import consignment are not received before hand. As a result issue of TRA by the Custom House at the port of registration of license gets delayed resulting in avoidable demurrage charges on the import goods. Trade has, therefore, represented that since the responsibility of examining the eligibility of imported goods against Advance License/DFRC License/DEPB License etc. is that of the Custom House at the port of import, in order to avoid delay in issue of TRA, Customs may be advised to issue the TRA without asking for invoice/ packing list/bill of lading.
As regards the adjudication proceedings, since some major issues, such as manner of disposal of hazardous waste, sale to actual user etc. are yet to be decided by Hon’ble Court, confiscation of the goods at this stage will not be advisable . Moreover, in the case of confiscation of goods , the ownership along with the attendant responsibilities will rest with the Central Government. Therefore, adjudicating proceedings in the case of hazardous waste , should be kept in abeyance till the outcome of the writ petition filed before Hon’ble Supreme Court.
It was decided that these manufacturer exporters and merchant exporters with a supporting manufacturer shall be required to give a self-declaration that such manufacturer-exporters or the supporting manufacturers are not registered with Central Excise and that they do not avail / have not availed Cenvat facility.
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 No. GSR 193 (E), dated the 2nd April, 1997 and was last amended by notification No. 32/2003-Custom (N.T.), dated the 7th May , 2003, published in the Gazette of India, Extraordinary part (II), Section 3, Sub-section (i), vide GSR No. 384 (E), dated the 7th May, 2003.
In pursuance of sub-clause (i) of clause (a) of sub-section (3) of section 14 of the Customs Act, 1962 (52 of 1962), Board hereby makes the following further amendment in the notification of the Government of India, Ministry of Finance, Department of Revenue No.41/2003-NT-CUS. [S.O.730(E)] dated 25th June, 2003 (export goods), namely.
In pursuance of sub-clause (i) of clause (a) of sub-section (3) of section 14 of the Customs Act, 1962 (52 of 1962), Board hereby makes the following further amendment in the notification of the Government of India, Ministry of Finance, Department of Revenue No.40/2003-NT-CUS. [S.O.729 (E)] dated 25th June, 2003 (import goods), namely.
Rate of exchange applicable for the purposes of calculation of such anti-dumping duty shall be the rate which is specified in the notification, issued from time to time, in exercise of the powers conferred by sub-clause (i) of clause (a) of sub-section (3) of section 14 of the said Customs Act, and the relevant date for the determination of the rate of exchange shall be the date of presentation of the bill of entry under section 46 of the said Customs Act.
WHEREAS on the basis of the aforesaid final findings of the designated authority, the Central Government had imposed an anti-dumping duty on Strontium carbonate vide notification of the Government of India in the Ministry of Finance (Department of Revenue), No.70/2001-Customs, dated the 26th June, 2001, [G.S.R. 462(E), dated the 26th June, 2001], published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), dated the 26th June, 2001.
The Committee of Approval shall fix the time schedule for commencement and completion of the construction of the zone and in case of delay in the completion of the project, the developer of the zone shall explain the reasons of such delay to the Committee of Approval.
