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-clause (i) of clause (a) of sub-section (3) of section 14 of Customs Act, 1962 (52 of 1962) and in partial supercession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.22/2002-NT-Customs, dated the 24th April, 2002 [S.O.460(E) dated the 24th April, 2002] in so far as the said notification relates to powers exercised under the provision of the said Customs Act, the Central Board of Excise and Customs hereby determines for the purposes of section 14 of the said Customs Act, relating to imported goods, that the rate of exchange of conversion of each of the foreign currency specified in column (2) of Schedule I and Schedule II appended hereto into Indian currency or vice-versa shall, with effect from the 1st June, 2002.
The principal notification was published in the Gazette of India vide notification No. 63/94-Cus. (NT), dated the 21st November, 1994 (S.O. 830(E), dated the 21st November, 1994) and last amended by notification No. 2/2002-Cus. (NT), dated the 24th January,2002.
The matter has been examined in consultation with the Controller General of Accounts(CGA). It has been stated by the CGA that after departmentalisation of accounts , in terms of rule 1-A, CTRs are applicable
Rate of exchange applicable for the purposes of calculation of such anti-dumping duty shall be the rate, which is specified in the notification of the Government of India in the Ministry of Finance (Department of Revenue), issued from time to time, in exercise of powers under sub-clause (i) of clause (a) of sub-section (3) of section 14 of the said Customs Act and the relevant date for 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.
Dies for drawing metal, when imported after repairs from abroad, in exchange of similar worn-out dies exported out of India for repairs
WHEREAS on the basis of the aforesaid findings of the designated authority, the Central Government had imposed an anti-dumping duty on the said Vitamin AD3 500/100 vide notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 76/2001-Customs, dated the 11th July, 2001, published in Part II, Section 3, Sub-section (i) of the Gazette of India, Extraordinary, dated the 11th July, 2001 vide No. G.S.R. 521(E), dated the 11th July, 2001.
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.No.748(E), dated the 3rd August 2001] and was last amended vide Notification No.24 /2002-CUS (N.T.), dated the 1st May 2002.
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. 37 /2002-Customs, dated the 11th April, 2002.
In exercise of the powers conferred by section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby rescinds the notification of the Government of India in the Ministry of Finance ( Department of Revenue) No 22/2002-Customs, dated the 1st March, 2002, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide G. S. R. 119 (E), dated the 1st March, 2002.
In exercise of the powers conferred by sub-section (2) of section 47 of the 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. 34 /2000 -Customs (N. T.), dated the 12th May, 2000 [GSR 440 (E), dated the 12th May, 2000 ], the Central Government hereby fixes the rate of interest at fifteen per cent. per annum for the purposes of the said section.
