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...
Various Export Promotion Councils have lauded the progress made during the said month in clearing old pendencies during the first meeting of All India Watch Dog Committee held on 1.7.99 and subsequently in their meeting with Chairman, Central Board of Excise & Customs. The Delhi Exporters Association have requested that the “Arrears Clearance Month” may be extended to July, 1999
As per of a revised communication strategy, the Board has reviewed the current system of issuing circulars containing instructions, procedures or clarifications. Consequent to this review, the following decisions have been taken for implementation
Requests have been received from the trade as also the Ministry of Commerce that the EOU/EPZ/STP/EHTP unit should be allowed to install computers obtained duty-free in their administrative/registered office outside the bonded premises
In exercise of the powers conferred by sub-section (1) of section 8B of the Customs Tariff Act, 1975 (51 of 1975), read with Rules 12 and 14 of the Customs Tariff (Identification and Assessment of Safeguard Duty) Rules, 1997, and based upon the final findings of the Director General (Safeguards) dated the 12th May, 1999, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) dated the 11th June, 1999 vide No. G.S.R. 430 (E), that increased imports of Phenol.
A doubt has arisen as to whether the activities like mixing, sieving, assortment and cleaning etc. in respect of imported cut and polished diamonds and cut and polished coloured gemstones can be allowed to be carried out in the private/public bonded warehouses set-up under Paragraph 8.13 of the Import and Export Policy, 1997-2002, before being re-exported
Various representations have been received from Trade/Exporters that wherever final goods exported by them are liable to compounded levy of Central Excise duty, in such cases, the exporters are unable to avail of Modvat Credit ot additional customs duty (CVD) paid in cash on imported inputs, or excise duty paid on indigenous inputs, utilised in the production of export goods; and thus
Para 6 of CIrcular No. 10/97-Cus. provided that, under DEPB Scheme, imports and exports can be undertaken only from the port of registration of the DEPB scrip. This condition was relaxed by issue of Circular No. 28/97-Cus. to permit imports from Delhi, Mumbai, Calcutta and Chennai, for DEPB Scrips registered at any of these ports. Further relaxations were provided by later circulars
In exercise of the powers conferred by sub-sections (1) and (6) of section 9A of the Customs Tariff Act, 1975 (51 of 1975), read with rule 23 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping duty on Dumped Articles and for Determination of Injury) Rules, 1995 and based upon the findings of the Designated Authority in the matter of review of Bisphenol-A falling under Chapter 29 of the First Schedule to the said Customs Tariff Act (hereinafter referred to as the said goods).
Para 7.36A of the Handbook of Procedure, Vol.I pertaining to current Exim Policy has been amended vide DGFT”s Public Notice No. 10 (RE-99)/1997-2002 dated 7th June, 1999 to the effect that DEPB credit entitlement, in respect of export products whose DEPB rate is 10% or more, shall not exceed 50% of the PMV of the goods
Circular No. 36/99-Cus clarifies export and import cargo clearance procedures, extending operational hours at all air cargo complexes in India.
