Custom Duty Meaning, Calculators, Rules, exemptions Articles Notification, Circulars, Recent Changes, Duty Drawback Rates, Custom Rates, Anti-Dumping Duty
Custom Duty : Instead of a formal signature, some documents are marked with S/d- (an abbreviation for signed) as a form of attestation. This rai...
Custom Duty : Excessive credit card spending may attract tax notices. Learn how to manage credit card transactions to avoid scrutiny and ensure ...
Custom Duty : Explore the jurisdictional conflicts in recovery proceedings under Customs Act Section 28AAA and FTDR Act, highlighting key issues...
Custom Duty : Comprehensive review of Indian 2024 Budget reforms on Customs & GST, highlighting impacts on manufacturing, exports, and tax admin...
Custom Duty : Discover the key changes in customs and excise duties proposed in the Union Budget 2024-25, including updated rates and legislativ...
Custom Duty : Government seeks suggestions on mandatory qualifiers in import/export declarations for synthetic diamonds to improve identificatio...
Custom Duty : Discover key amendments in Customs duties and tariff rates effective July 2024, including changes in Basic Customs Duty, Health Ce...
Custom Duty : Ministry of Finance unveils reforms in customs duties to support manufacturing, boost exports, and simplify taxation. Includes exe...
Custom Duty : CBI arrests Customs Superintendent at Sahar Airport, Mumbai for accepting Rs 80,000 bribe to clear an imported consignment. Invest...
Custom Duty : Explore the API integration between ICEGATE and IECs/CBs, its impact on document filing efficiency, challenges addressed, and futu...
Custom Duty : CESTAT Delhi held that imposition of penalty and revocation of customs broker license justified as customs broker abetted the ille...
Custom Duty : Rajasthan High Court orders adjudicating authority to reconsider the dual classification of Aerosol Valves under Customs Tariff He...
Custom Duty : Customs brokers must perform their duties with diligence, they should not be held responsible for penalties arising from misdeclar...
Custom Duty : CESTAT Chennai rejection of refund claim merely for non-mentioning of period particulars in CA’s certificate unjustifiable as re...
Custom Duty : Delhi High Court rules that a Customs Broker license cannot be suspended as a penalty for not physically verifying the exporter's ...
Custom Duty : The CBIC revises customs tariff values for crude and refined oils, brass scrap, gold, silver, and areca nuts effective August 15, ...
Custom Duty : Chennai Customs introduces ERAM on ICEGATE for automated exchange rate publication, effective from 4th July 2024. Access rates onl...
Custom Duty : Notification 53/2024 updates tariff values for edible oils, brass scrap, gold, silver, and areca nuts. Effective from August 1, 20...
Custom Duty : The Ministry of Finance has updated Customs Notification No. 50/2017 with a 10% BCD on laboratory chemicals. New rules apply from ...
Custom Duty : Learn about the new regulations for amending import documents under Section 149 of the Customs Act, 1962. Understand the timeline,...
CESTAT Chennai held that merely because some parts were imported separately and cleared under a separate Bill of Entry (BOE), the department cannot contend that the goods cannot be classified under CTH 8437. Goods classifiable under CTH 8437 as order placed for supply would be complete only by including the goods imported vide both Bills of Entry.
CESTAT Ahmedabad held that imports of Motor Spirit/ High Speed Diesel is assessable on actual receipt in shore tank and not transaction value based on invoice price of overseas supplier.
CBIC notifies manner of issue of duty credit for goods exported under the RoSCTL Scheme under Foreign Trade Policy, 2023 vide Notification No. 25/2023-Customs (N.T.) Dated: 1st April, 2023. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 25/2023-Customs (N.T.) | Dated: 1st April, 2023 G.S.R. 262(E) – In exercise of the powers conferred […]
CBIC notifies manner of issue of duty credit for goods exported under the RoDTEP Scheme under Foreign Trade Policy, 2023 vide Notification No. 24/2023-Customs (N.T.) Dated : 1st April, 2023 GOVERNMENT OF INDIA MINISTRYOF FINANCE (DEPARTMENT OF REVENUE) Notification No. 24/2023-Customs (N.T.) Dated : 1st April, 2023 G.S.R.261 (E).– In exercise of the powers conferred by […]
CBIC amends 8 Custom Notifications of G&J and EOU schemes vide Notifications No 28/2023 – Customs Dated: 1st April, 2023. GOVERNMENT OF INDIA MINISTRTY OF FINANCE (DEPARTMENT OF REVENUE) Notifications No 28/2023 – Customs | Dated: 1st April, 2023 G.S.R.263 (E)– In exercise of the powers conferred by sub-section (1) of section 25 of the […]
Regarding Exemption for import of fabrics under Special Advance Authorization Scheme under para 4.04A of Foreign Trade Policy, 2023 for manufacture and export of garments vide Notification No. 27/2023- Customs Dated: 1st April, 2023. GOVERNMENT OF INDIA MINISTRYOF FINANCE (DEPARTMENT OF REVENUE) Notification No. 27/2023- Customs Dated: 1st April, 2023 G.S.R. 260.(E) .– In exercise of […]
Regarding implementation of EPCG Scheme under Foreign Trade Policy, 2023 (FTP 2023) vide Notification No. 26/2023 – Customs Dated: 1st April, 2023. GOVERNMENT OF INDIA MINISTRYOF FINANCE (DEPARTMENT OF REVENUE) Notification No. 26/2023 – Customs Dated: 1st April, 2023 G.S.R. 259(E).— In exercise of the powers conferred by sub-section (1) of section 25 of the Customs […]
Regarding implementation of Duty Free Import Authorisation Scheme under Foreign Trade Policy, 2023 vide Notification No. 25/2023 – Customs Dated: 1st April, 2023 GOVERNMENT OF INDIA MINISTRYOF FINANCE (DEPARTMENT OF REVENUE) Notification No. 25/2023 – Customs Dated: 1st April, 2023 G.S.R. 258(E). – In exercise of the powers conferred by sub-section (1) of section 25 of […]
Regarding implementation of Advance Authorisation Scheme for export of prohibited goods under Foreign Trade Policy, 2023 (FTP 2023) vide Notification No. 24/2023 – Customs Dated: 1st April, 2023. GOVERNMENT OF INDIA MINISTRYOF FINANCE (DEPARTMENT OF REVENUE) Notification No. 24/2023 – Customs | Dated: 1st April, 2023 G.S.R. 257(E). – In exercise of the powers conferred […]
Regarding implementation of Advance Authorisation Scheme for annual requirement under Foreign Trade Policy, 2023 vide Notification No. 23/2023 – Customs Dated: 1st April, 2023. GOVERNMENT OF INDIA MINISTRYOF FINANCE (DEPARTMENT OF REVENUE) Notification No. 23/2023 – Customs | Dated: 1st April, 2023 G.S.R. 256(E).— In exercise of the powers conferred by sub-section (1) of section 25 […]
