Custom Duty Meaning, Calculators, Rules, exemptions Articles Notification, Circulars, Recent Changes, Duty Drawback Rates, Custom Rates, Anti-Dumping Duty
Custom Duty : In this blog, we will go deeply into the Industrial Employment (Standing Orders) Act, 1946 and its 2016 Amendment vide Industrial ...
Custom Duty : Learn about the Authorised Economic Operator (AEO) Programme, its benefits, eligibility, application process, and impact on intern...
Custom Duty : Learn about the AEO certification, its benefits for businesses, eligibility criteria, and the process to become a trusted economic...
Custom Duty : CBIC introduces Ekal Anubandh for single electronic bonds, reducing costs and delays for importers/exporters. Learn about its feat...
Custom Duty : Learn about the Special Valuation Branch (SVB) under Indian Customs and how it determines the value of transactions between relate...
Custom Duty : CBIC to introduce electronic processing for import/export via personal carriage at select airports from May 2025, covering gems, j...
Custom Duty : Learn about import duty exemptions on life-saving drugs for rare diseases, including GST benefits, applicable conditions, and proc...
Custom Duty : The government exempts import duties on specific life-saving drugs for rare diseases under set conditions. Learn about eligibility...
Custom Duty : This FAQ guide provides clarity on key aspects of customs duties and tariff structure updates in Budget 2025-26. Basic Customs Dut...
Custom Duty : Apply for the Indirect Tax Internship Scheme FY 2025-26 at CBIC, available for law students and graduates. Stipends and certificat...
Custom Duty : Delhi High Court directs CA Yogendra Singh Balyan to appeal penalty order in alleged fraudulent duty drawback case; declines writ ...
Custom Duty : Kerala High Court held that penalty under section 117 of the Customs Act cannot be sustained since no reasons are assigned for imp...
Custom Duty : Crimp pumps imported were classifiable under positive displacement pumps (CTI 8413 5010 / 8413 5090) and not as mounts and heads f...
Custom Duty : Kerala High Court held that 100% Export Oriented Unit i.e. EOU is itself a customs bonded unit and hence no reason exists to deny ...
Custom Duty : Madhya Pradesh High Court held that customs authority doesn’t have authority to pass an order of provisional attachment under se...
Custom Duty : The Ministry of Finance updates customs exemptions on GI and other rice varieties under Notifications 27/2011 and 22/2024, effecti...
Custom Duty : India imposes a 20% export duty on parboiled rice (GI & other), other GI rice, and semi/wholly milled rice effective May 1, 2025, ...
Custom Duty : CBIC notification effective May 1, 2025, changes import tariff values for palm oil, soybean oil, gold, silver, brass scrap, and ar...
Custom Duty : India's Finance Ministry updates customs cooperation list to include agreements on mutual administrative assistance with New Zeala...
Custom Duty : Central Government rescinds Customs Notification No. 04/2025 dated Feb 1, 2025, effective May 1, 2025. Past actions remain valid....
Central Government amends anti-dumping duty notifications (31/2021, 60/2021, 12/2022), updating specified tariff item codes effective May 1, 2025.
Central Government amends Customs CVD Notification No. 05/2024, revising tariff item numbers effective May 1, 2025. Details here.
Madhya Pradesh High Court held that customs authority doesn’t have authority to pass an order of provisional attachment under section 110(5) of the Customs Act, 1962 during pendency of investigation. Accordingly, freezing of bank account not justified.
The present case revolves around the Duty Drawback Scheme. This scheme has become the subject of misuse by some traders/ exporters who make fraudulent exports merely with a view of availing the benefits under the scheme.
CESTAT Delhi held that air craft engine stand imported by the appellant would deserve classification under CTI 8609 00 00 and not under CTI 8716 39 00. Accordingly, order passed by the Principal Commissioner is set aside.
Delhi High Court held that repeated placing and removing from the call book is not valid justification for non-adjudication of show cause notice for more than 10 years. Accordingly, order passed after 10 years is not sustainable and liable to be quashed.
Delhi High Court held that imposition of penalty justified since appellant holding IEC registration ought to have acted responsibly and ensured that the same was not misused by any third party. Thus, penalty imposed on the appellant justified since appellant was aware of IEC being misused.
CESTAT Delhi held that section 28(9) of Customs Act mandates adjudication of show cause notice within one year. Thus, adjudication of notice after around 10 years of issuance, without justifiable reason, is not tenable and hence order issued thereon is liable to be quashed.
Delhi HC remands a customs duty classification case to CESTAT, stating that disputes involving product classification are recurring legal issues exempt from monetary limit guidelines.
Finance Ministry updates bank lists 34A & 34B under Customs Notification No. 50/2017, effective until March 2026
