Custom Duty Meaning, Calculators, Rules, exemptions Articles Notification, Circulars, Recent Changes, Duty Drawback Rates, Custom Rates, Anti-Dumping Duty
Custom Duty : Explains customs valuation under Section 14, CVR 2007, Rule 12, CAVR 2023, transaction value, valuation methods and key judicial d...
Custom Duty : The article explains how the MOOWR Scheme allows manufacturers to defer customs duty and IGST while detailing eligibility, complia...
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 : The Government has extended the full customs duty exemption on critical petrochemical imports until 15 July 2026 because of contin...
Custom Duty : The India–Oman Comprehensive Economic Partnership Agreement became operational on 1 June 2026 after completion of required proce...
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 : Gujarat HC dismissed the writ petition, holding Section 9C appeal before CESTAT was the appropriate remedy in absence of jurisdict...
Custom Duty : CESTAT Bangalore allowed AIFTA exemption, holding valid Country of Origin certificates could not be disregarded without prescribed...
Custom Duty : CESTAT Mumbai upheld customs duty demand and penalties after finding undervaluation proved through supplementary invoices and the ...
Custom Duty : CESTAT Chennai held a personal penalty appeal abated on the appellant’s death as no application for continuance was filed under ...
Custom Duty : Madras HC upheld denial of CENVAT credit, extended limitation and penalty, holding suppression justified the extended period under...
Custom Duty : Notification No. 29/2026-Customs grants customs duty concessions on specified UK imports from 15 July 2026, subject to TRQ and ori...
Custom Duty : CBIC Circular 33/2026-Customs implements self-certified Origin Declarations, URN authentication and transition provisions under In...
Custom Duty : CBIC Circular 32/2026-Customs replaces manual container documentation with ICEGATE reporting and electronic gate systems under Not...
Custom Duty : CBIC Notification No. 28/2026-Customs empowers the Board to extend the two-year period in specified cases on sufficient cause bein...
Custom Duty : CBIC extends anti-dumping duty on Arylides imported from China PR till 13 January 2027 through Notification No. 17/2026-Customs (A...
CESTAT Chennai held that non-renewal of Private Bonded Warehouse license alleging settlement of disputes and admission of duty liability before Settlement Commission is unjustified. As post settlement, immunity is granted to the assessee from fine, penalty and prosecution under Customs Act and any other Central Act.
CESTAT allows Sterling Agro to redeem goods via a fine instead of confiscation, further reduces penalty. Review this detailed court order analysis.
Updates on new procedures for clearance of restricted goods via Special Import License at Jawaharlal Nehru Custom House. Understand the step-by-step process.
CBIC announced an amendment to the Deferred Payment of Import Duty Rules, 2016 vide Notifications No. 58/2023-Customs (N.T.), Dated: 3rd August, 2023. Known as the Deferred Payment of Import Duty (Amendment) Rules, 2023, it signifies an important shift in import regulations. Analysis: The amendment brings two significant changes to the 2016 rules. Firstly, it provides […]
India imposes Anti-Dumping Duty (ADD) on Dispersion Unshifted Single-Mode Optical Fiber (SMOF) exported from China, Indonesia, and Korea. Read details here.
CBIC Notification 57/2023 declares new forex rates effective from 4th August 2023, superseding Notification 54/2023. Check the updated currency exchange rates.
Breaking News: Bombay HC rules in favor of taxpayers! No interest or penalty on late surcharge, CVD, SAD & IGST payments. Dive into the key observations, including the need for clear legal authority. Valuable insights for ongoing litigation and potential refund applications.
CBIC announces expansion of automatic Let Export Order (LEO) facility in ECCS through Circular 19/2023-Customs. Know new provisions and impact on ease of doing business
An exploration of CESTAT Chennai’s judgement on CVD exemption under Notification No. 30/2004-CE for a trader not availing CENVAT credit.
CESTAT Chennai supports the sanctioning of a customs duty refund claim for K.I. International Ltd after thorough document verification. Learn more here.
