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 : 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 : CESTAT Chennai held that unsigned invoices, unauthenticated e-mails, and uncorroborated statements were insufficient to reject tra...
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...
Custom Duty : Appointment of Common Adjudicating Authority in the case of M/s. Hewlett Packard Enterprise India Private Limited, (IEC: 071500719...
Custom Duty : CBIC has directed Customs field formations not to seek FTP clarifications directly from DGFT. The new mechanism aims to ensure con...
The principal notification was published in the Gazette of India Extraordinary, vide notification No. 36/2001- Customs, dated the 3rd August, 2001 [S.O.No.748-(E), dated the 3rd August,2001] and was last amended vide notification No. 40/2001- CUS.(N.T.), dated 28th August, 2001 [ S.O. No. 832-(E), dated the 28th August, 2001] and notification No. 52/2001- CUS.(N.T.), dated 9th October,2001.
The above said simplified procedure for issuance of transhipment permit shall be applicable only for the containers manifested for transhipment to other ports/ICDs/CFSs.
Difficulties, if any, in implementation of this circular may be brought to the notice of the Board. Kindly acknowledge receipt of the circular
This should be ensured that the market verifications are expeditiously concluded and the drawback claims are settled at the earliest and at the most within three months from the date of the entry of the goods for export.
Pending assessments, if any may be finalised accordingly. Difficulties, if any, in implementing the above instructions may be brought to the notice of the Board.
The matter has been examined. It has been decided to allow movement of export cargo after its clearance at the originating port by rail to another port for export therefrom.
In all cases of DTA clearance of indigenously procured goods by EOUs/EPZ/STP/EHTP/SEZ units including SEZ trading units, the above laid down procedure shall be complied with. Difficulties, if any, faced in the implementation of the above instructions, may be brought to the notice of the Board at an early date.
The amendments may be implemented with effect from the date to be notified shortly. Any difficulty in implementing the same may kindly be brought to notice of the Board.
The Principal notification No. 77/98 – Customs, dated the 16th October, 1998 was published in the Gazette of India, Extraordinary vide GSR 623(E), dated the 16th October, 1998 and was lastly amended by notification No. 30/2001-Customs vide GSR 171 (E) dated the 12th March, 2001. The Principal notification No. 48/2000-Customs dated the 25th April, 1997 was published in the gazette of India, Extraordinary vide GSR 349(E) dated the 25th April, 2000 and was lastly amended by notification no. 30/2001-customs vide GSR 171 (E) dated, the 12th March, 2001.
Pending assessments may be finalised in accordance with the above Supreme Court judgement. Difficulties, if any, may be brought to the notice of the Board. Please acknowledge receipt of this Circular.
