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 say that doubts have been raised regarding the classification of uninterruptible power supply system (UPSS) under First Schedule CTA ’75 (the Custom Tariff) in the wake of the decision of the Hon’ble CEGAT in the matter of J.K. Synthetic Ltd. v/s. Collector of Customs, Jaipur [1995 (80) ELT 208 (Tribunal)], holding that UPSS are classifiable under heading 8443.80 ibid
Attention is invited to Ministry’s Circular No. 131/95 dated the 20th December, 1995 clarifying the scope of certain amendments to notifications issued under DEEC and EPCG Scheme particularly for discharge waiver of Bond to be executed with the Customs Authority. The DGFT have observed that the Circular militates
Directorate General, Foreign Trade had permitted conversion of S/ Bills filed under Duty Exemption Scheme to Pass Book Scheme subject to conditions specified in their Circular No. 21/95 dated 4th October, 1995. The said circular permits conversion of only those Shipping Bills which were filed on or after 30th May, 1995, the date on which Customs
The Commissioners and intending Custodians are requesting for early notification for declaring places as ICDs under Section 7(aa). of Customs Act, 1992
I am directed to refer to Commissioner of Customs, Ahmedabad’s letter F.No. VIII/ 40-13/ Cus (T)/95 dated 22.12.95 regarding grant of licence to private bonded warehouses under section 58 of the customs Act, 1962 and to say that the sensitivity of a product may
I am directed to say that the question of improbability of maintenance free batteries was considered by the Specified Licensing Committee (SLC) at its meeting held on 30.5.95. The Committee had decided that maintenance free batteries being consumer goods are covered under the Negative List of Imports and therefore, cannot be allowed to be imported without a licence. Instructions may
I am directed to say that doubts have been expressed regarding applicability of Notification No. 66/94- Cs. dated 1.3.94 exempting equipment’s/ apparatus etc. imported for renovation or modernisation for a “fertiliser plant” to goods imported for the “ammonia
Your Attention invited to Ministry’s Circular No. 62/95-Customs dated 7th June, 1995 and 115/95- Customs dated dated the 8th November, 1995 relating to Pass Book Scheme
The Ministry had been receiving various representation from trade circles and export promotion councils complaining about serious delays in logging of the DEEC books. The matter has been considered by the Board and it has been decided that for the purpose of logging of DEEC book, in addition to the original DEEC book and the original licence, only the following documents may be necessary
I am directed to invite reference to the circular letter of even No. dated 27th October, 1994 on the above mentioned subject, wherein it was clarified that scrap is a semi-finished item and the facility of sub-contracting by 100% EOU / EPZ Units for recycling of scrap into
