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 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 : New baggage rules and processing regulations are notified, replacing earlier frameworks and aligning customs procedures for passen...
Custom Duty : CESTAT Mumbai held that computer printouts and email records could not be relied upon for customs duty demands because statutory r...
Custom Duty : CESTAT Mumbai held that unlocking and activating mobile phones before export only amounted to product configuration and not “use...
Custom Duty : Tribunal held that Customs authorities could not reclassify imported industrial composite solvent as kerosene when all mandatory B...
Custom Duty : CESTAT Mumbai ruled that Education Cess and Secondary & Higher Education Cess paid through MEIS duty credit scrips for past import...
Custom Duty : CESTAT Delhi held that earlier GST cancellation history became irrelevant once the exporter possessed valid GST registration on th...
Custom Duty : The Ministry of Finance amended the earlier customs notification to continue anti-dumping duty for an extended period. The notific...
Custom Duty : The government imposed anti-dumping duty on Monoisopropylamine imports after finding that Chinese exports were dumped below normal...
Custom Duty : CBIC issued Notification No. 47/2026-Customs (N.T.) continuing existing tariff values for key imported commodities including palm ...
Custom Duty : The Central Government directed provisional assessment of imports of anodized aluminium frames for solar panels from a Chinese exp...
Custom Duty : CBIC has clarified that Entry Inward and Vessel Sail-out Clearance cannot be delayed due to pending physical boarding of customs o...
CBIC has extended transitional provisions under SCMTR till 30 June 2026 due to incomplete system development and testing. Stakeholders must ensure accurate electronic filings during this extended period.
The notification updates tariff values used for duty calculation on key imports like gold, silver, and palm oil. It aims to align customs valuation with global prices and prevent under-invoicing.
The notification clarifies that exemption applies only if re-imported goods are identical to those exported. It strengthens verification requirements and ensures proper identification of goods under customs law.
The issue involved the existing compliance timeline under sea cargo regulations. CBIC amended the rules to extend the deadline to 30 June 2026. The key takeaway is that stakeholders get additional time to meet regulatory requirements.
The Supreme Court held that ambiguity in exemption notifications cannot benefit taxpayers. It ruled that such ambiguity must be resolved in favour of the Revenue, reinforcing strict interpretation principles.
The Tribunal held that describing goods as painted steel sheets instead of painted galvanised steel sheets was not mis-declaration. It ruled that incomplete description does not justify confiscation or penalties.
The Tribunal emphasized that adjudication must remain within the allegations contained in the notice. It found that introducing new evidence during adjudication amounted to substituting the original grounds.
The Court found no separate evidence linking the employee to wrongdoing beyond what was considered for the employer. It ruled that penalty cannot be sustained without independent justification.
The Tribunal held that processes like washing, crushing, and sizing converted ore into concentrate under deemed manufacture provisions. As a result, exemption meant for ores was denied.
The issue arose from disruption in shipping routes due to closure of a key maritime passage. CBIC allowed transhipment of FCL and LCL cargo from all ports and airports to ease congestion. The key takeaway is enhanced flexibility and faster cargo movement during disruptions.
