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...
CESTAT Delhi allows interest on auction sale proceeds from date of receipt by Customs Department, till the date of disbursal, in Oriental Trimex Limited vs Commissioner of Customs (Import) case.
Discover how the latest import duty reductions on refined soybean and sunflower oils can help consumers enjoy these essential commodities at lower prices.
CESTAT Kolkata rules in favor of Aurora Fine Arts in a bonafide mistake case, exempting from penalty for a misdeclared EPCG license value, acknowledging voluntary duty and interest payment.
CESTAT Chennai upheld the order in favor of Usha International Ltd in a case against the Commissioner of Customs. The appeal was dismissed on grounds of limitation due to the department’s failure to submit the date of communication of the order.
Held that there was no reason to disbelieve, the observation made by the Commissioner (Appeals) that there was no evidence available before him as to the date on which the Reviewing Authority received the order. Appeal by department dismissed as time barred.
Office of the Commissioner of Customs, NS-III introduces a web-based portal for the digitization of the Authorized Economic Operator (AEO) programme. This public notice highlights the dispensing of physical submission of documents for AEO applications, emphasizing the ease of doing business.
CBIC notifies Exchange rate of ‘South African Rand’ for Import & Export wef 13.06.2023 vide Notification No.42/2023- Customs (N.T.) Dated: 12th June, 2023. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS ***** Notification No.42/2023- Customs (N.T.) | Dated: 12th June, 2023 In exercise of the powers conferred […]
CAAR Mumbai determines Interactive Display System (View Board) models are classified under Heading 8471, specifically under sub-heading 84714190, as per Customs Tariff Act, 1975, aligning with the criteria for Automatic Data Processing Machines.
CAAR Mumbai rules ‘LED Socket Plug Assembly’ used in vehicle anti-fog lamps classifies under Heading 8512 90 00 of Customs Tariff Act, 1975, and is eligible for nil Basic Custom Duty under serial no. 656 of notification No. 69/2011-Cus., dated 29.7.2011, as per India-Japan Free Trade Agreement.
CAAR Mumbai rejects M/s. Solae Company India Private Limited’s application for advance ruling due to jurisdiction issues, as the company’s office is in Gurgaon, under CAAR Delhi’s jurisdiction, not Mumbai’s. The company had inaccurately used their logistics service provider’s address in Mumbai.