Custom Duty
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Delhi HC Directs CESTAT to Hear Customs Penalty Appeal Without Pre-deposit
Attari Check Post Closed: India-Pakistan Border – Custom notification
Simplification of procedures related to Air Cargo Movement & Transhipment
CITES Permit Not Needed for Limited Agarwood Export: CBIC
Industrial Employment (Standing Orders) Act, 1946 and Its 2016 Amendment
Interactive Flat Panels falls Under Customs Tariff Heading 8528: CAAR Mumbai
5% IGST on Marine Engines & Spares for Fishing Boats: CAAR Mumbai
No Fees for Transshipment Applications at Customs Stations: CBIC
SCN Adjudication Authority – Notification No. 29/2025-Customs (N.T.)
CA Certificate Cannot Be Disregarded Without Evidence to contrary: CESTAT Delhi
Telangana HC dismisses writ and directs Petitioner to Appeal on Customs Penalty
Customs Tariff Values for Palm Oil, Gold, Silver & Areca Nuts wef 24.04.2025
SAD Refund allowable despite filing beyond one-year limitation: Delhi HC
Customs: New Port Added – Rohini Yard Jetty
Latest Custom Duty News
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Custom duty is an indirect tax which is applicable on goods which are imported into India and a few goods which are exported out of India. Globally, countries levy custom duties over import and export of goods for raising revenue and also for shielding their domestic companies from competitors from several other countries. Custom duty in India is imposed on almost universally all the goods which are imported into India. Export duties are imposed on few goods as provided under Second Schedule. These duties are not imposed on few items such as lifesaving drugs or equipment, food grains, fertilizers etc. Import duties are divided into basic duty, true countervailing duty, additional customs duty, protective duty, anti-dumping duty and education cess.
Customs duty in India is imposed according to the value of the goods or their weight, dimension and other various criteria as per the goods. Where the duties are based on goods value, then the custom duties are known as ad valorem duties, and where the duty is based on quantity or weight, the duties are known as specific duties.
Customs Act, 1962 empowers the government of India for levying customs duty, prohibiting import and export of goods, framing policies for exporting and importing and penalties, offences etc. All the matters which are related to custom duty comes under the CBEC (Central Board of Excise & Customs). The Central Board of Excise & Customs also formulates policies with respect to custom duty rate, smuggling prevention and administrative decisions that are related to customs formations.
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