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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 1137 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 4008 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 2919 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


Delhi HC Eases Pre-Deposit in Customs Duty Dispute

Custom Duty : Delhi HC reduces pre-deposit requirement for Shubh Impexs appeal in customs duty dispute over imported goods classification....

August 18, 2024 12 Views 0 comment Print

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


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


Notification No. 45/2022-Customs (N.T.), Dated: 24.05.2022

May 24, 2022 2364 Views 0 comment Print

CBIC amends Notification No.12/97-Customs(N.T.), dated the 2nd April, 1997 vide Notification No. 45/2022-Customs (N.T.), Dated: 24.05.2022 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) New Delhi, the 24th May, 2022 Notification No. 45/2022-Customs (N.T.) G.S.R. 391(E).—In exercise of the powers conferred by clause (aa) of sub-section (1) of section 7 […]

Govt exempts from BCD & AIDC – Crude Sunflower/Soyabean Oil

May 24, 2022 1569 Views 0 comment Print

Notification No. 30/2022-Customs, Dated: 24.05.2022 – Seeks to provide global Tariff Rate Quota (TRQ) of 20 LMT per FY to Crude Sunflower Oil and Crude Soyabean Oil for 2 years exempting from whole of BCD and AIDC MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 30/2022-Customs | Dated: 24th May, 2022 G.S.R. 392(E).—In […]

Pea protein merit classification under subheading 21061000

May 22, 2022 1926 Views 0 comment Print

In re Anshul Life Sciences (CAAR Mumbai) CAAR rule that pea protein merit classification under subheading 21061000 of the first schedule of the Customs Tariff Act, 1975. FULL TEXT OF ORDER OF CUSTOMS AUTHORITY OF ADVANCE RULING, MUMBAI M/s. Anshul Life Sciences, 401, 4th Floor, Jagdamba House, Peru Baug, Goregaon East, Mumbai- 400063 filed an […]

Classification of Import of Dehydrated Dark and Seedless raisin

May 22, 2022 1539 Views 0 comment Print

In re Frizwell Agro Foods (CAAR Mumbai) CAAR held that the dehydrated dark and small seedless raisin (Vitis vinifera) merit classification under subheading 08062010 of the first schedule of the Customs Tariff Act, 1975 and are eligible for exemption benefit allowed under sr. no. 32 of notification no. 50/2017-Cus., dated 30.06.2017. FULL TEXT OF ORDER […]

HC stays Proceedings based on Notice issued by DRI

May 22, 2022 840 Views 0 comment Print

Vijay Baid @ Vicky Vs Union of India (Chhattisgarh High Court) Learned counsel for the petitioner would submit that pursuant to arrest made by Directorate of Revenue Intelligence (DRI) on 01.05.2021 of two persons at Railway Station- Raipur, DRI further searched the house of petitioner on the same date and have seized gold bar, silver […]

Notification No. 29/2022-Customs Dated: 21.05.2022

May 21, 2022 15621 Views 0 comment Print

MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No 29/2022-Customs | Dated: 21.05.2022 G.S.R. 381(E).In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the […]

Notification No. 28/2022-Customs Dated: 21.05.2022

May 21, 2022 21738 Views 1 comment Print

MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No 28/2022-Customs | Dated: 21.05.2022 G.S.R. 380(E).Whereas, the Central Government is satisfied that export duty should be levied or increased on certain articles and that circumstances exist which render it necessary to take immediate action. Now, therefore, in exercise of the powers conferred by sub-section (1) […]

Notification No. 27/2022-Customs Dated: 21.05.2022

May 21, 2022 4293 Views 0 comment Print

MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No 27/2022-Customs | Dated: 21.05.2022 G.S.R. 379(E).In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) read with section 124 of the Finance Act, 2021 (13 of 2021), the Central Government, on being satisfied that it […]

Notification No 26/2022-Customs | Dated: 21.05.2022

May 21, 2022 11784 Views 0 comment Print

MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No 26/2022-Customs | Dated: 21.05.2022 G.SR. 378(E).- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) and sub-section (12) of section 3 of the Customs Tariff Act, 1975 (51 of 1975), the Central Government, on being […]

Notification No. 25/2022-Customs: Reduction of Excise Duty on Petrol & Diesel

May 21, 2022 4410 Views 0 comment Print

Notification No. 25/2022-Customs Dated: 21.05.2022: Reduction of Central Excise Duty on Petrol & Diesel. Central excise duty has been reduced by ₹ 8 per litre for Petrol and by ₹ 6 per litre for Diesel (by reducing Road & Infrastructure Cess). MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 25/2022-Customs | Dated: 21st […]

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