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Custom Duty

Custom Duty Meaning, Calculators, Rules, exemptions  Articles Notification, Circulars, Recent Changes, Duty Drawback Rates, Custom Rates, Anti-Dumping Duty

Latest Articles


Legal Validity of “S/d-” on Documents: The Final Word

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...

August 16, 2024 1128 Views 0 comment Print

High Credit Card Use Can Trigger Income Tax Scrutiny

Custom Duty : Excessive credit card spending may attract tax notices. Learn how to manage credit card transactions to avoid scrutiny and ensure ...

August 7, 2024 4002 Views 0 comment Print

Jurisdictional Overlap on Recovery Between Customs and FTDR

Custom Duty : Explore the jurisdictional conflicts in recovery proceedings under Customs Act Section 28AAA and FTDR Act, highlighting key issues...

July 31, 2024 363 Views 0 comment Print

Comprehensive Analysis of Indian Customs & GST Reforms in 2024 Budget

Custom Duty : Comprehensive review of Indian 2024 Budget reforms on Customs & GST, highlighting impacts on manufacturing, exports, and tax admin...

July 26, 2024 465 Views 0 comment Print

Budget 2024-25: Changes under Customs & Excise

Custom Duty : Discover the key changes in customs and excise duties proposed in the Union Budget 2024-25, including updated rates and legislativ...

July 24, 2024 1527 Views 0 comment Print


Latest News


CBIC invites Suggestions on Additional Import/Export Declarations for Synthetic Diamonds

Custom Duty : Government seeks suggestions on mandatory qualifiers in import/export declarations for synthetic diamonds to improve identificatio...

August 16, 2024 78 Views 0 comment Print

Budget 2024: Customs Duty Amendments – Key Changes and Rates

Custom Duty : Discover key amendments in Customs duties and tariff rates effective July 2024, including changes in Basic Customs Duty, Health Ce...

July 26, 2024 2910 Views 0 comment Print

Customs Duty Reforms: Boosting Manufacturing & Export Competitiveness

Custom Duty : Ministry of Finance unveils reforms in customs duties to support manufacturing, boost exports, and simplify taxation. Includes exe...

July 23, 2024 111 Views 0 comment Print

CBI Arrests Customs Officer in Rs 80,000 Bribery Case

Custom Duty : CBI arrests Customs Superintendent at Sahar Airport, Mumbai for accepting Rs 80,000 bribe to clear an imported consignment. Invest...

July 19, 2024 558 Views 0 comment Print

Note On API-Based Integration Between ICEGATE And IECs/CBs

Custom Duty : Explore the API integration between ICEGATE and IECs/CBs, its impact on document filing efficiency, challenges addressed, and futu...

July 17, 2024 144 Views 0 comment Print


Latest Judiciary


Penalty imposed on customs broker for non-compliance with provisions of CBLR, 2018: CESTAT Delhi

Custom Duty : CESTAT Delhi held that imposition of penalty and revocation of customs broker license justified as customs broker abetted the ille...

August 16, 2024 114 Views 0 comment Print

Rajasthan HC Directs Re-examination of Aerosol Valves Classification

Custom Duty : Rajasthan High Court orders adjudicating authority to reconsider the dual classification of Aerosol Valves under Customs Tariff He...

August 16, 2024 54 Views 0 comment Print

Customs Broker Not Liable for Importer’s Misdeclarations Without Deliberate Intent or Negligence

Custom Duty : Customs brokers must perform their duties with diligence, they should not be held responsible for penalties arising from misdeclar...

August 16, 2024 75 Views 0 comment Print

Rejection of refund claim for non-mentioning of period particulars in CA’s certificate is harsh: CESTAT Chennai

Custom Duty : CESTAT Chennai rejection of refund claim merely for non-mentioning of period particulars in CA’s certificate unjustifiable as re...

August 16, 2024 144 Views 0 comment Print

Customs Broker license cannot be suspended as a penalty: Delhi HC

Custom Duty : Delhi High Court rules that a Customs Broker license cannot be suspended as a penalty for not physically verifying the exporter's ...

August 14, 2024 240 Views 0 comment Print


Latest Notifications


Customs Tariff Values for Gold, Silver, Oils & Areca Nuts wef 15.08.2024

Custom Duty : The CBIC revises customs tariff values for crude and refined oils, brass scrap, gold, silver, and areca nuts effective August 15, ...

August 14, 2024 147 Views 0 comment Print

Launch of Exchange Rate Automation Module (ERAM) – Reg

Custom Duty : Chennai Customs introduces ERAM on ICEGATE for automated exchange rate publication, effective from 4th July 2024. Access rates onl...

August 5, 2024 399 Views 0 comment Print

Govt revises Tariff Values for Edible Oils, Metals, Areca Nuts wef 01.08.2024

Custom Duty : Notification 53/2024 updates tariff values for edible oils, brass scrap, gold, silver, and areca nuts. Effective from August 1, 20...

August 2, 2024 207 Views 0 comment Print

CBIC amends BCD Rate for Laboratory Chemicals | Notification No. 41/2024

Custom Duty : The Ministry of Finance has updated Customs Notification No. 50/2017 with a 10% BCD on laboratory chemicals. New rules apply from ...

July 31, 2024 381 Views 0 comment Print

Draft Regulations for Amendment of Customs Import Documents Timeline

Custom Duty : Learn about the new regulations for amending import documents under Section 149 of the Customs Act, 1962. Understand the timeline,...

July 29, 2024 393 Views 0 comment Print


Tariff Notification No. 60/2022-Customs (N.T.), Dated: 13.07.2022

July 13, 2022 582 Views 0 comment Print

Notification No. 60/2022-CUSTOMS (N.T.), Dated: 13.07.2022- Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- regarding. Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs Notification No. 60/2022-CUSTOMS (N.T.) New Delhi, 13th July, 2022 ASHADHA 22, 1944 (SAKA) S.O. 3180(E).– In exercise of […]

Notification No. 23/2022-Customs (ADD), Dated: 08.07.2022

July 12, 2022 1689 Views 0 comment Print

Notification No. 23/2022-Customs (ADD), Dated: 12.07.2022 – Seeks to amend the name of Country of Export from Singapore to Any country including Indonesia for the producer PT. ENERGI SEJAHTERA MAS and Exporter Sinarmas CEPSA Pte. Ltd. in Customs notification No. 28/2018-Customs (ADD) dated 25th May, 2018 which imposed Anti-dumping duty on imports of Saturated Fatty […]

Controlled Delivery (Customs) Regulations, 2022

July 12, 2022 2205 Views 0 comment Print

CBIC notifies Controlled Delivery (Customs) Regulations, 2022 vide Notification No. 59/2022-Customs (N.T.) dated 12th July, 2022 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) New Delhi, the 12th July, 2022 Notification No. 59/2022-Customs (N.T.) G.S.R. 540(E).—In exercise of the powers conferred by sub- section (1) of section 157 read with section […]

Notification No. 39/2022-Customs, Dated: 12.07.2022

July 12, 2022 3765 Views 0 comment Print

Notification No. 39/2022-Customs, Dated: 12.07.2022 – Seeks to amend notification No. 50/2017-Customs with respect to the tariff heading referring to the open cells for use in manufacture of TV Panels of heading 8524 MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 12th July, 2022 Notification No. 39/2022-Customs G.S.R. 539(E).—In exercise of the powers conferred by sub-section […]

Vitamins of high concentration used for manufacture of animal feed classifiable under CTH 2936

July 12, 2022 2943 Views 0 comment Print

CAAR rule that the products in this case viz. LUTA.CALPAN 98%, LUTA.E 50, LUTA. 0A/D3 1000/200 PLUS, LUTAVIT A 1000 PLUS, CHOLINC.LSG would merit classification under heading 2936 of the first schedule to the Customs Tariff Act,1975.

Luprosil salt classifiable under heading 2915

July 12, 2022 864 Views 0 comment Print

CAAR held that Luprosil salt is classifiable under heading 2915 and more specifically, under subheading 29155000 of the first schedule to the Customs Tariff Act, 1975.

Classification of Omega-6 Fatty acid product namely Lutalin used in animal feeding

July 12, 2022 819 Views 0 comment Print

In re BAST India Limited (CAAR Mumbai) The applicant has submitted that the impugned product is commonly known in the trade as products for specific use in animal feeding i.e. to manufacture animal feed. The safety data sheet provided by the manufacturer mentions the use of these products as feed additives. The manufacturer on their […]

Amendment in Export Policy of Wheat Flour (atta)- reg

July 11, 2022 1119 Views 0 comment Print

It has been informed that during the period from 6th July, 2022 till 12th July, 2022 certain consignments of wheat flour, as specified therein, will be allowed to be exported.

Arbitrary valuation of goods not subjected to BIS specifications is invalid

July 10, 2022 828 Views 0 comment Print

CESTAT held that the revaluation of the goods which are not subjected to BIS specifications was made in arbitrary manner and was not adhere to the principles of natural justice.

Duty drawback cannot be denied when Advance Licenses were invalidated

July 10, 2022 1074 Views 0 comment Print

Tufropes Pvt Ltd. Vs Union of India (Bombay High Court) One fact very clearly emerges from the documents annexed to the petition and the affidavits is that the advance licences of petitioner were invalidated for direct import of relevant HDPE/P Granules / Chips and petitioner was allowed to procure the same indigenously from Reliance Industries […]

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