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 : CESTAT upheld confiscation of 26 gold biscuits without purchase proof but set aside confiscation of gold ornaments, 1 kg gold bar ...
Custom Duty : CAAR Delhi declined an advance ruling on roasted areca nut classification as the issue had already been decided by the Madras HC u...
Custom Duty : CAAR Mumbai disallowed the advance ruling application on roasted areca nut classification as the issue had already been decided by...
Custom Duty : CAAR Mumbai disallowed the advance ruling application on roasted areca nut classification under Section 28-I(2)(b) as the issue ha...
Custom Duty : In re Webintosh Technologies Private Limited (CAAR Mumbai) M/s Webintosh Technologies Pvt. Ltd. filed an application before the Cu...
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...
Seek to levy anti-dumping duty on Jute Products originating in or exported from Nepal & Bangladesh (SSR) vide Notifications No. 33/2022-Customs (ADD) | Dated: 30th December, 2022. MINISTRY OF FINANCE (Department of Revenue) Notifications No. 33/2022-Customs (ADD) Dated: 30th December, 2022 G.S.R. 914(E).—Whereas, the designated authority, vide notification No. 7/09/2021-DGTR, dated the 28th June, 2021, published […]
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver vide Notification No. 113/2022-Customs (N.T.) | Dated: 30th December, 2022 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 113/2022-Customs (N.T.) | Dated: 30th December, 2022 S.O. 6168(E).—In exercise of the powers conferred by sub-section (2) […]
Bombay High Court held that insisting on bank guarantees for differential duty justifiable based on finding of SVB (Special Valuation Branch) that petitioner is undervaluing its import from related party.
Seeks to amend notification Nos. 48/2021 and 49/2021 – Customs, both dated 13.10.2021, in order to extend the existing concessional import duties on specified edible oils and lentils up to and inclusive of the 31st March, 2024 MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 65/2022-Customs | Dated: 29th December, 2022 G.S.R. 909(E).—In […]
Seeks to give effect to the second tranche of tariff concessions under India Australia ECTA vide Notification No. 64/2022-Customs | Dated: 29th December, 2022. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 64/2022-Customs | Dated: 29th December, 2022 G.S.R. 908(E).—In exercise of the powers conferred by sub-section (1) of section 25 of […]
Seeks to give effect to final ASEAN-India Trade in Goods Agreement (AITIGA) tranche – Notification No. 63/2022 – Customs Dated: 27th December, 2022 MINISTRY OF FINANCE (Department of Revenue) New Delhi, Notification No. 63/2022 – Customs Dated: 27th December, 2022 G.S.R. 906(E).—In exercise of the powers conferred by sub-section (1) of section 25 of the […]
CBIC imposes ADD on Semi Finished Ophthalmic Lenses imported from China PR for a period of five years vide Notification No. 32/2022-Customs (ADD) | Dated: 27th December, 2022. MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 32/2022-Customs (ADD) | Dated: 27th December, 2022 G.S.R. 905(E).—Whereas in the matter of semi-finished Ophthalmic Lenses’ (hereinafter […]
Seeks to give effect to first tranche of tariff concessions under India Australia ECTA – Notification No. 62/2022-Customs | Dated: 26th December, 2022. MINISTRY OF FINANCE (Department of Revenue) Notification No. 62/2022-Customs | Dated: 26th December, 2022 G.S.R.904(E).—In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of […]
CESTAT Ahmedabad held that as assessment of shipping bills has attained finality, classification of goods cannot be questioned subsequently by the Customs.
CESTAT Ahmedabad held that rejection of transaction value and enhancement of assessable value has to be on the basis of some evidence on record. Rejection of transaction value in absence of any evidence is untenable in law.
