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...
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver vide Custom Tariff Notification No. 62/2202-Customs N.T. Dated: 15th July, 2022 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) New Delhi, the 15th July, 2022 Notification No. 62/2202-Customs N.T.) S.O. 3209(E).—In exercise of the powers conferred […]
Revenue has not made out any case of mis-declaration and consequential undervaluation. Therefore, we find no merit in the re-determination of the value of the yacht and confirmation of differential duty thereon.
During an investigation pertaining to M/s Oppo Mobiles India Private Limited (hereinafter referred to as ‘Oppo India’), a subsidiary company of “Guangdong Oppo Mobile Telecommunications Corporation Ltd”, China (hereinafter referred to as ‘Oppo China’), the Directorate of Revenue Intelligence (DRI) has detected Customs duty evasion of around Rs 4,389 crore. Oppo India is engaged in the […]
Seeks to amend No. 51/96-Customs, dated the 23rd July, 1996 for withdrawing IGST exemption vide Notification No. 42/2022-Customs | Dated: 13th July, 2022 Government of India Ministry of Finance (Department of Revenue) New Delhi Notification No. 42/2022-Customs | Dated: 13th July, 2022 G.S.R. 574(E).– In exercise of the powers conferred by sub-section (1) of section […]
Seeks to amend notification No. 19/2019- Customs, dated the 6th July, 2019 for defence related imports vide Notification No. 41/2022-Customs | Dated: 13th July, 2022 Government of India Ministry of Finance (Department of Revenue) New Delhi Notification No. 41/2022-Customs | Dated: 13th July, 2022 G.S.R. 573(E).– In exercise of the powers conferred by sub-section (1) […]
Seeks to amend notification No. 50/2017-Customs, dated the 30th June, 2017 for DEC tablet and S. No. 404 Petrol operations vide Notification No. 40/2022-Customs | Dated: 13th July, 2022 Government of India Ministry of Finance (Department of Revenue) New Delhi Notification No. 40/2022-Customs | Dated: 13th July, 2022 G.S.R. 572(E).– In exercise of the powers […]
Amendment of Proper Officer notification No.26/2022-Customs (N.T.). dated 31st March 2022, vide Notification No. 61/2022-Customs (N.T.) Dated: 13th July, 2022. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 61/2022-Customs (N.T.) New Delhi, the 13th July, 2022. S.O.3186(E).- In exercise of the powers conferred by sub-sections […]
Notification No. 60/2022-CUSTOMS (N.T.), Dated: 13.07.2022- Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- regarding. Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs Notification No. 60/2022-CUSTOMS (N.T.) New Delhi, 13th July, 2022 ASHADHA 22, 1944 (SAKA) S.O. 3180(E).– In exercise of […]
Notification No. 23/2022-Customs (ADD), Dated: 12.07.2022 – Seeks to amend the name of Country of Export from Singapore to Any country including Indonesia for the producer PT. ENERGI SEJAHTERA MAS and Exporter Sinarmas CEPSA Pte. Ltd. in Customs notification No. 28/2018-Customs (ADD) dated 25th May, 2018 which imposed Anti-dumping duty on imports of Saturated Fatty […]
CBIC notifies Controlled Delivery (Customs) Regulations, 2022 vide Notification No. 59/2022-Customs (N.T.) dated 12th July, 2022 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) New Delhi, the 12th July, 2022 Notification No. 59/2022-Customs (N.T.) G.S.R. 540(E).—In exercise of the powers conferred by sub- section (1) of section 157 read with section […]
