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...
WHEREAS in the matter of import of Hexamine, falling under sub-heading 2921.29 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), originating in, or exported from, Saudi Arabia and Russia, the designated authority vide its preliminary findings, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 15th May, 2001 had come to the conclusion that
Rate of exchange applicable for the purposes of calculation of 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 the 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.
(a) Paracetamol originating in, or exported from, the Peoples Republic of China and Taiwan, has been exported to India below normal value, resulting in dumping; (b) the domestic industry has suffered injury; (c) the injury has been caused by the imports from the People’s republic of China and Taiwan
In exercise of the powers conferred by sub-clause (a) of sub-section (3) of Section 14 of the Customs Act, 1962 (52 of 1962) and in supercession of the Notification of the Government of India in the Ministry of Finance (Department of Revenue) No.10/2002-NT-Customs, [S.O.231(E)] dated the 25th February, 2002 the Central Government hereby determines for the purposes of said section in so far as these relate to export goods, that the rate of exchange of conversion of each of the foreign currency specified in the column (2) of Schedule I and Schedule II appended hereto into Indian Currency or vice versa shall, with effect from the 1st April, 2002.
In exercise of the powers conferred by sub-section (2) of section 20 of the Indian Stamp Act 1899 (2 of 1899) and sub-clause (i) of clause (a) of sub-section (3) of Section 14 of Customs Act, 1962 (52 of 1962) and in supercession of the Notification of the Government of India in the Ministry of Finance (Department of Revenue) No.9/2002-NT-Customs, [S.O.230(E)] dated the 25th February, 2002 the Central Government hereby.
The issue has been examined in the Board. It has been observed that the all Industry Rate of Duty Drawback in respect of complete bicycle under SS No.87.52 of the Drawback
Representations have been received from the Indian Silk Export Promotion Council that since the basic raw material in all the silk products and fabrics
The principal notification was published in the Gazette of India vide G.S.R. 409(E), dated the 1st June, 2001, and it was amended vide notification No.30/2001-Customs(N.T.) dated the 22nd June,2001 vide G.S.R.451(E) dated the 22nd June, 2001, notification No.50/2001-Customs(N.T.) dated the 4th October, 2001 vide G.S.R. 756(E) dated the 4th October,2001 and notification No.60/2001-Customs(N.T.) dated the 26th November, 2001 vide G.S.R. 863(E) dated the 26th November, 2001.
The proposal has been examined by the Board and it has been decided to allow movement of export cargo from ICDs/CFSs to Nepal and Bangladesh through Land Customs Stations.
I am directed to refer to Board’s letter F.No. 450/76/92-Cus.IV dated 28/9/1994 and Circular No. 28/95-Cus.,dated 27/3/1995 explaining the legal position regarding levy of Customs duty
