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...
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 (2) of the Table below when imported into India from Pakistan or Bangladesh from whole of the duty of customs leviable thereon under the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) and whole of the additional duty.
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) published vide No. GSR 591 (E), dated 25th September, 1998 in the Gazette of India Extraordinary, Part II, section 3, sub-section (i), that the increased import of Propylene Glycol have threatened to cause serious injury to the domestic industry and imposition of Safeguard duty on imports of Propylene Glycol.
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) published vide No. GSR 613 (E), dated 12th October, 1998 in the Gazette of India Extraordinary, Part II, section 3, sub-section (i), that the increased import of Flexible Slabstock Polyol of molecular weight 3000-4000 used in the manufacture of Slabstock Foam and Polyurethane Foam mattresses have caused and further threatened to cause serious injury to the domestic industry, and imposition of Safeguard duty.
Importers are entitled to clear goods against debits in valid Passbooks vide Entry No. 13 Notification No. 34/98- Cus. dated 13.6.98. Merchant exporters are otherwise entitled to the benefit of exemption from SAD vide S. No. 12 of Notification No. 34/98-Cus. dated 13.6.98. This is a stand alone entry which exempts all goods which are for sale as such, and so long as the importers make a
I am directed to refer to Sl. No. 171 of Notification No. 2398-Cus dated 2.6.98, wherein goods specified in List 29, Sl. No. (i) (a), Wireless in Local Loop System (excluding terminal equipment) for basic Telecom Service Project, are extended concessional duty @ 20% basic and ‘Nil’ additional duty
Please refer to Board’s Circular Nos. 10/ 97- Cus. dated 17.4.97, 28/ 97 – Cus, dated 30.7.97, 5/98- Cus. dated 23.1.98, 19/98- Cus. dated and 33/98- Cus. dated 13.5.98 regarding DEPB Scheme & TRA facility there under
Safeguard duty-Developing countries notified for the purposes of Section 8B of Customs Tariff Act. – In pursuance of clause (a) of sub-section (6) oi section 8B of the Customs Tariff Act, 1975 (51 of 1975), the Central Government, hereby notifies the following countries as developing countries for the purposes of the said section.
Acetylene Black (including conductive carbons) subjected to safeguard duty. – 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) published vide No. GSR 377 (E), dated 3rd July, 1998, in the Gazette of India Extraordinary.
I am directed to refer to representations made by various Associations and the commitment by the Government in the Parliament for extending the benefit of self-certification to the exporters having clean track record. In the light of the above, the the following further orders are issued
In order to examine the procedures involved in clearance of export and import cargo at the Air Cargo Complexes, the 16th Meeting of Export promotion Board was held at International Cargo Terminal, IGI Airport, New Delhi on 23rd October, 1998. It was presided over by the Cabinet Secretary. The Export Promotion Board visited the cargo handling area with a view to see the various processes
