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 : Delhi HC reduces pre-deposit requirement for Shubh Impexs appeal in customs duty dispute over imported goods classification....
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 : 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,...
Notification No. 62/2021-Customs (ADD) – Seeks to rescind Notification No. 23/2016-Customs(ADD) dated 6th June, 2016, to remove levy of ADD on Polytetrafluoroethylene originating in or imported from Russia. MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 22nd October, 2021 Notification No. 62/2021-Customs (ADD) G.S.R. 753(E).—In exercise of the powers conferred by sub-sections (1) and […]
Seeks to amend notification No. 96/2008- Customs dated 13.08.2008 to include Sierra Leone to allow tariff concession in import from notified Least Developed Countries. MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 22nd October, 2021 Notification No. 50/2021-Customs G.S.R. 756(E).—In exercise of the powers conferred by sub-section (1) of section 25 of the Customs […]
Additional Director General (ADG), DRI is not a proper Officer within the meaning of Section 28 (4) read with Section 2 (34) of Customs Act, 1962. Further, the said decision has been followed by the Hon’ble Madras High Court in the case of Quantum Coal Energy Pvt. Ltd. (supra) and the jurisdictional Hon’ble High Court of Punjab & Haryana in the case of Steelman Industries vs. Union of India & Ors. (supra).
CBIC notifies Rate of Exchange of Foreign Currencies against Indian Rupees with effect from 22nd October, 2021, vide Notification No. 82/2021-Customs (N.T.) | Dated: 21st October, 2021. GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS ***** Notification No. 82/2021 – Customs (N.T.) New Delhi, dated the 21st October, […]
1. Whether an Importer/Assesse Can Challenge the Enhancement of Value (Re-Assessment) Under Section 17(4) of the Customs Act, 1962 by way of an appeal under section 128 of the Customs Act, 1962 Pursuant to Acceptance of Value Enhanced by The Assessing Authority in Terms of Section 17(5) of The Act? 2. Whether Such Appeal Filed […]
It is hereby instructed to all concerned that in cases of multiple requests made for change in CFS for particular bill of lading /consignments, the latest request for change of CFS shall be taken as final request.
Notification No. 61/2021-Customs (ADD) Seeks to rescind Notification No. 06/2016-Customs(ADD) levying ADD on Phenol originating and imported from European Union, Singapore and Korea RP. MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 20th October, 2021 Notification No. 61/2021-Customs (ADD) G.S.R.748(E).—In exercise of the powers conferred by sub-sections (1) and (5) of section 9A […]
Aditya Chemicals Vs Commissioner of Customs (CESTAT Chennai) Production of original VAT or Sales Tax Challans not required for grant of SAD refund unless any deficiency memo is issued The Hon’ble Customs, Excise & Service Tax Appellate Tribunal, Chennai (the CESTAT Chennai) in the case of M/s Aditya Chemicals v. Commissioner of Customs [Customs Appeal […]
CBIC Seeks to levy of ADD on Aceto Acetyl Derivatives of aromatic or hetrocyclic compounds also known as Arylides originating in or imported from China PR vide Notification No. 60/2021 -Customs (ADD) Dated: 14th October, 2021. MINISTRY OF FINANCE NOTIFICATION New Delhi, the 14th October, 2021 Notification No. 60/2021 -Customs (ADD) G.S.R.739(E).—Whereas, in the matter […]
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver vide Notification No. 81/2021-Customs (N.T.) Dated: 14th October, 2021 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) New Delhi, 14th October, 2021 Notification No. 81/2021-Customs (N.T.) S.O. 4297(E).—In exercise of the powers conferred by sub-section (2) […]
