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...
I am directed to refer sub-section 3 of section 45 of the Customs Act, 1962 inserted by clause 58 of the Finance Act, 1995 for recovery of duty from the custodians on goods pilfered after unloading in customs area
I am directed to refer to amended section 142(1) of the Customs Act, 1962 read with Customs (Attachment of Property of Defaulters for Recovery of Government Dues) Rules 1995, which enable the Department to create a legal framework to realise dues of the Government by attaching, distraining movable and immovable property of the person and then disposing the said property to recover
I am directed to refer your letter F.No. S / 3-70/ 95-DP CC S / 26 – 56 / 95- A (G) dated 12-9-96 on the subject mentioned above and to enclose herewith a copy of Circular No. 21/ 11/ 92/ LS dated 30-0-1996 along with a copy of Notification dated 26-9-1996 issued by the Ministry of Commerce, Directorate General of Foreign Trade, New Delhi for your information and necessary action
Attention is invited to Monastery’s Circular No. 14/94 dated 1st June, 1994 (F.No. 605/139/92-DBK) whereby procedure for clearance of goods against have been received from some of the Inland Bonded Warehouse was notified. References allowing such clearance for
The Board has been receiving number of complaints form privileged persons/ Missions and Ministry of External Affairs that there are cases of inordinate delays, at the port of entry for transfer of ownership of motor vehicles
I am directed to refer your letter No.S / 26 – Misc. – 323/96- VB dated 17 June, 1996 on the subject mentioned above and to say that S.No. 33 of Notification 91/89-Cus. dated 01/03/1998 (presently Sr. No. 22, List 9 to Notfn.No. 36/96-Cus dated 23.7.1996) would
Attention is invited to Circular No. 44/96-Cus dated the 21st August, 1996 on the above subject. The said circular provides that conversion should be considered only respect of exports made after the exporter has applied for issued of Pass Book to the designated authority in the light of para 66 of the Exim Policy
“The Simplified brand Rate Fixation Scheme” under which brand rates of drawback can be determined without pre- verification of date was announced vide this Ministry’s letter F.No. 609/113/88- DBK dated 11.10.88. Application form and statements were also enclosed with the Ministry’s said letter. To begin with, the scheme was applicable to manufacturer – exporters in engineering, chemical
The Ministry has announced new All Industry rates of Drawback effective from 23.10.1996, vide Notification No. 49/96-Cus. (NT), dated 22.10.1996
Attention is invited to Ministry’s telex dated 16th August, 1996 issued from F.No. 605/261/96-DBK whereby it was clarified that credit under the Pass Book Scheme in terms of Notification No. 104/95- Customs as amended by notification No. 155/95-Customs shall be
