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...
Representations from trade Associations and references from the field offices have been received in the Board to extend additional various facilities under DEPB Scheme to various Customs Stations
I am directed to refer to custom Notification No. 18/99-Cus. dated 11.2.99, wherein second-hand computer and computer peripherals including printer, plotter, scanner, monitor, key-board and storage unit has been exempted from custom duties, when received as donation by a schools run by Central Government, State Government, Government of Union Territory or a local body
Reference have been received from the field to clarify the date on which a DEPB scrip must be valid in order that the applicable customs duty may be debited in the scrip
Circular No. 6/99-Cus. dated 17.2.99 has been issued to clarify that the DEPB rate for processed cotton made-ups other than grey” would be admissible for cotton made-ups made from yarn dyed fabric where the yarn dyed fabric has undergone any of the processes mentioned in that Circular, after weaving . However, representation has been received in the Board from Handloom Export
The Comptroller and Auditor General of India, in para 3.2 of its report for the year ended March, 1997 has pointed out the lapses on the part of Commissionerate in communicating Board”s instructions having financial implications to its attached filed offices/units which had caused loss of revenue worth Rs. 5.92 lakhs. The said instruction was issued by the Board on 5.8-92 whereas field units of
It has been brought to the notice of the Board that the Customs Commissionerate, Pune has recently detected a case of Customs Duty evasion of over Rs. 27 crores by M/s HPCL, Loni, Pune, who receive petroleum products like HSD, Kerosene, etc. from M/s IOC through pipeline from Mumbai to Pune. It was found that the price declared by M/s IOC at Mumbai in the warehousing bill of entry
I am directed to invite your attention to a number of cases which have been detected at various Customs stations wherein drawback was claimed fraudulently by filling drawback claims for which no export had actually been made. ADO letter F.No. 009/430/98-DBK dated 30.10.1998 has already been issued to all Chief Commissioner and Commissioner of Customs listing out measures to prevent
In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), read with sub-section (1) of section 3A of the Customs Tariff Act, 1975 (51 of 1975), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts the goods of the description specified in column (2) of the Table below (hereinafter referred to as the said Table) and falling under Chapter 27.
In exercise of the powers conferred by sub-section (1) of 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 exempts the goods specified in column (3) of Table below, and falling under the Chapters of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) specified in the corresponding entry in column (2) of the said Table, when imported into India for use in the manufacture of the finished goods specified in the corresponding entry.
I am directed to refer to Notification No. 84/97-Cus dated 11th November, 1997 which exempts goods impored into India by the United Nations or an International Organisation for execution of the projects financed by these agencies from the duty of customs, Additional Customs Duty and special custom duty. Some difficulties have been expressed by project authorities under different
