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 the designated authority vide notification published in Part I, Section I of the Gazette of India, Extraordinary, dated the 24th day of October, 2000, has initiated review in the matter of continuation of anti-dumping duty on Acrylonitrile Butadiene Rubber (NBR) originating in or exported from, Japan, imposed vide notification No.68/99-Customs, dated the 26th May, 1999.
I am directed to refer to section 3 of the Destructive Insects and Pests Act, 1914 as amended by the Destructive Insects and Pests (Amendment and Validation) Act, 1992, wherein it has been provided that the Central Government may, by notification under this section, also levy and collect such fees and its arrears at such rates and in such manner as may be specified therein for making an
I am directed to say that while conducting the investigation from vigilance angle in certain cases of export frauds, the Directorate General of Vigilance has noticed certain loopholes in assessment and examination procedures. To check these loopholes and to tighten controls, they have made following suggestions
Clarifications have been sought from the Board regarding admissibility of DEPB benefit to embroidered silk garments under DEPB entry at S.No. 74 of DEPB. Rate in the Textile Group. Similar issues regarding embroidered fabrics/ garments of various compositions, fabrics/garments containing metalised yam and definition of ladies dresses have come up during discussions in the DEPB Committee
Therefore, in exercise of the powers conferred by sub-section (1) of section 9A of the said Customs Tariff Act, read with sub-section (6) of the said section 9A and rule 23 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995.
In exercise of powers conferred by clause (b) of section 7of the Customs Act, 1962 (52 of 1962), the Central Government thereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance, Department of Revenue, No. 63/94-Customs(N.T.), dated the 21st November, 1994, namely :-
I am directed to invite your attention to the Board’s Circular No. 72/2000-Cus, dated 31-8-2000 on the above-mentioned subject. It has been brought to the notice of the Board by some of the Commissioner rates that the above said Circular is silent about the EHTP (Electronic Hardware Technology Park)/ STP (Software Technology Park) units
It is directed to refer to Notification No. 14/2000-Cus(N.T.) dated 25.2.2000 regarding appointment of Commissioner of Customs, Calcutta as Commissioner of Customs having jurisdiction over the whole of India for the purpose of investigation, issue of show cause notices against M/s Indian Oil Corporation Ltd. in respect of their consolidated duty liability on account of non-inclusion of ships
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 supersession of the Notification of the Government of India in the Ministry of Finance (Department of Revenue) No.
Attention is invited to paragraph 1(i) and condition 5 of para 2 of Notification No. 29/97-Customs dated 1.4.1997 issued under Zero duty EPCG Scheme. In terms of para 1(i) to the notification, inter-alia CVD exemption is exemption is extended to capital goods for marine sector. In terms of condition(5) of para 2 of the notification, it is specified that zero duty benefit would be available if the
