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 : CAAR Delhi rejected the advance ruling application as the classification issue was already decided by the Madras High Court and th...
Custom Duty : CAAR Delhi classified Moving Style under Tariff Item 8528 59 00 and Floor Stand under 8529 90 90, applying Chapter Notes 6(D), 6(E...
Custom Duty : CAAR Delhi classified TrackMan 4 and TrackMan iO under CTI 9506 39 00 as golf equipment, rejecting Heading 9031 as measurement was...
Custom Duty : Madras HC declined to entertain the writ, directed the petitioner to pursue the Section 129A appeal, and protected limitation if f...
Custom Duty : CESTAT Chennai set aside the customs duty demand after holding royalty was not a condition of sale of imported goods and following...
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...
Custom Duty : CBIC Notification 27/2026-Customs amends Notification 25/2002 to revise the list of goods eligible for BCD exemption for lithium i...
Custom Duty : CBIC Notification 26/2026-Customs grants nil BCD on specified goods used in manufacturing inductor coil modules for mobile phones ...
CBIC removed the value cap on courier exports to boost e-commerce and trade flexibility. The reform allows seamless exports and reduces reliance on traditional cargo modes.
A new payment aggregator facility now allows customs duty payments through UPI, credit, and debit cards. This reform simplifies transactions and improves ease of doing business. The key takeaway is faster, more flexible payment options for importers.
CBIC has extended transitional provisions under SCMTR till 30 June 2026 due to incomplete system development and testing. Stakeholders must ensure accurate electronic filings during this extended period.
The notification updates tariff values used for duty calculation on key imports like gold, silver, and palm oil. It aims to align customs valuation with global prices and prevent under-invoicing.
The notification clarifies that exemption applies only if re-imported goods are identical to those exported. It strengthens verification requirements and ensures proper identification of goods under customs law.
The issue involved the existing compliance timeline under sea cargo regulations. CBIC amended the rules to extend the deadline to 30 June 2026. The key takeaway is that stakeholders get additional time to meet regulatory requirements.
The Supreme Court held that ambiguity in exemption notifications cannot benefit taxpayers. It ruled that such ambiguity must be resolved in favour of the Revenue, reinforcing strict interpretation principles.
The Tribunal held that describing goods as painted steel sheets instead of painted galvanised steel sheets was not mis-declaration. It ruled that incomplete description does not justify confiscation or penalties.
The Tribunal emphasized that adjudication must remain within the allegations contained in the notice. It found that introducing new evidence during adjudication amounted to substituting the original grounds.
The Court found no separate evidence linking the employee to wrongdoing beyond what was considered for the employer. It ruled that penalty cannot be sustained without independent justification.
