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 Kolkata held that Indian currency cannot be confiscated under Section 121 of Customs Act without clear evidence connecting ...
Custom Duty : The CESTAT Delhi held that multifunction protection devices remained classifiable as relays because their primary function continu...
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 : 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...
Delhi HC confirmed CESTAT’s order on Commissioner of Customs vs Bergen Engines India Pvt Ltd case. HC finds no justifiable reasons for delay in filing appeal after defect notice.
Madras High Court in the case of Ocean Sky Impex Pvt Ltd Vs Commissioner of Customs related to provisional release of seized goods granted petitioner an opportunity for a personal hearing.
CBIC has released the National Time Release Study (NTRS) 2023 report, showcasing improved cargo release times at Indian ports.
CESTAT Bangalore held that order of the lower authorities directing absolute confiscation and allowing redemption solely to re-export on payment of redemption fine and penalty is without any merit.
CBIC released Notification No. 44/2023 – Customs on 15th June, 2023. This notification supersedes the previous Notification No. 39/2023-Customs(N.T.) and provides the updated exchange rates for converting foreign currencies into Indian rupees and vice versa for imported and exported goods. The new rates will come into effect from 16th June, 2023. Government of India Ministry […]
Central Board of Indirect Taxes & Customs, has issued Circular No. 17/2023-Customs on June 15, 2023, introducing a simplified regulatory framework for e-commerce exports of jewellery through courier mode. The circular provides details regarding the exemption of certain document uploads for exporters who choose not to re-import the exported jewellery. F.No. 455/03/2020-Cus.V Government of India […]
CBIC issued a Notification No. 45/2023-Custom (N.T.)on June 15, 2023, amending the tariff values for customs duty calculation. The notification provides updated tariff values for rude palm oil, palmolein, crude soya bean oil, brass scrap, gold and silver in various forms, including bars, coins, and findings used in jewelry and areca nuts, which are used […]
Read the Ministry of Finance’s notification (No. 43/2023-Customs) amending the Courier Imports and Exports (Electronic Declaration and Processing) Regulations. This amendment pertains to the inclusion of jewelry under CTH 7117 or CTH 7113 and the facility of re-import for such jewelry. Stay informed about the latest customs regulations.
CESTAT Ahmedabad held that classification under 7204 for ‘used rails’ declared as Heavy Melting Scrap is improper and the product is correctly classifiable under Heading 7302.
CESTAT Hyderabad in Shakelly Venkat Chand Vs Commissioner of Customs, asserts Customs Broker’s accountability for their employee’s act of misrepresentation before Customs Authorities.