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 : 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-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, Kandla to act as Commissioner of Customs, Chennai, or, as the case may be, Commissioner of Customs (Imports), Mumbai, for the purposes of adjudicating the matters relating to Show Cause Notices issued vide No. DRI/AZU/INV-12/2000, dated, the 9th August, 2002 by Additional Director General, Directorate of Revenue Intelligence, New Delhi, No. DRI/AZU/INV-12/2000/Mumbai, dated, the 27th August, 2002, by Additional Director General, Directorate of Revenue Intelligence, Mumbai and No. DRI/AZU/INV-12/2000/Kandla, dated, the 27th August, 2002, by the Additional Director General, Directorate of Revenue Intelligence, Mumbai, to M/s. Adani Exports Limited, Asia Home, Swastik Char Rasta, Ahmedabad.
The principal notification No. 15/2002-Customs (N.T.), dated the 7th March, 2002 was published in the Gazette of India Extraordinary Part II, Section 3, sub-section (i), dated the 7th March, 2002 under G.S.R. No. 171 (E) and was amended vide notification No. 36/2002-Cus. (N.T.), dated the13th June, 2002, published in the Gazette of India Extraordinary Part II, Section 3, sub-section (i), dated the 13th June, 2002.
The matter has been examined further. It has now been decided that the request for waiver of interest in case of re-export of capital goods may be considered favourably, if on clearance, such goods would not be installed, commissioned and used due to the facts that the goods were found defective or sub-standard, and therefore unfit for usage.
As regards Special Economic Zones, the administrative control would continue to be with the jurisdictional Commissioner of Customs. Further, in case of new Special Economic zone that are likely to come up in future, the administrative control shall be exercised by the jurisdictional Commissioner of Customs.
The principal notification was published in the Gazette of India, Extraordinary, vide notification No. 21/2002-Customs, dated the 1st March, 2002 [G.S.R.118 (E), dated the 1st March, 2002] and was last amended by notification No. 62/2003-Customs, dated the 1st April, 2003.
(a) steel and fibre glass tapes and their parts, originating in, or exported from, the China PR, has been exported to India below normal value, resulting in dumping; (b) the domestic industry has suffered material injury; (c) injury has been caused by imports from the People’s Republic of China;
We hereby certify that all the above statements are true to the best of my knowledge. I understand that if any part of this declaration is found to be false at any time, the facility of Accelerated Clearance of Import and Export Scheme (ACS) will be liable to be cancelled/withdrawn.
In view of above, it was suggested that in case of failure to achieve NFE (EP being deleted in the new Policy), the demand of duty alongwith interest should be in direct proportion to the default as already provided in case of SEZ Scheme. Since the concept is already in existence in case of SEZ Scheme, it has been decided to incorporate the same in EOU/STP/EHTP Scheme also. To implement this, a suitable provision has been incorporated in the notifications Nos. 22/2003-CE and 52/2003-Cus, both dated 31-3-2003, governing duty free procurement and import by EOUs and STP/EHTP.
I am directed to invite your attention to the Customs Tariff ( Amendment), Act, 2003 vide which the revised 8 digit Customs Classification Codes based on Harmonised Classification has been adopted by the Customs with effect from 1st February, 2003. The new 8 digit codes have also been adopted by Directorate General of Foreign Trade (DGFT) and Directorate General of Commercial Intelligence and Statistics (DGCI&S).
In exercise of powers conferred by sub-section (2) of section 9A of the Customs Tariff Act, 1975 (51 of 1975), read with rules 13 and 20 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for determination of Injury) Rules, 1995, the Central Government hereby rescinds the notification of the Government of India in the erstwhile Ministry of Finance (Department of Revenue), No. 55/2002-Customs, dated the 22nd May, 2002.
