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...
Since the maximum period of demurrage and detention charges waivers could be possible for 60 days, beyond which, there was no scope for such demurrage and detention charges waiver in view of the proviso to Regulations 10(l) of 2018 Regulations, since the said two months period had already been given from 18.11.2021 to 13.01.2022, beyond 13.01.2022, assessee could not seek for any such waiver for detention and demurrage charges.
Cess of Rs. 23,250 per tonne imposed on crude; import of crude not to be subject to this cess Special additional excise duty/Cesses imposed on exports of petrol and diesel at the rate of Rs 6 per litre on Petrol and Rs 13 per litre on diesel Special Additional Excise Duty (SAED) of Rs 6 […]
Suzuki Morots Gujarat Private Limited Vs C.C. (CESTAT Ahmedabad) The Commissioner (Appeals) while deciding the classification of the disputed goods, in question, under heading 8708, has not given any finding as to whether all the above conditions which are very important for deciding the classification of goods, satisfy / comply in respect of the disputed […]
Re-imports of jewellery exported using the courier mode on ECCS through an e- commerce platform and returned through the same platform, on ECCS, is being enabled in certain situations subject to certain conditions or restrictions
Notification No. 57/2022-Customs (N.T.) Courier Imports and Exports (Electronic Declaration and Processing ), Amendment, Regulations, 2022 for facilitating E-commerce exports of jewellery MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) New Delhi, the 30th June, 2022 Notification No. 57/2022-Customs (N.T.) G.S.R. 485(E).—In exercise of the powers conferred by section 157 […]
Notification No. 56/2022-Customs (N.T.) | Dated: 30th June, 2022 – Sea Cargo Manifest and Transhipment (First Amendment) Regulations, 2022 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) New Delhi Notification No. 56/2022-Customs (N.T.) | Dated: 30th June, 2022 G.S.R. 483(E).—In exercise of the powers conferred by section 157, read with […]
Tariff Notification No. 55/2022-Custom (N.T.), Dated: 30.06.2022 on Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) New Delhi, the 30th June, 2022 Notification No. 55/2022-Custom (N.T.) S.O. 2960(E).—In exercise of the powers conferred by sub-section (2) […]
Notification No. 37/2022- Customs – Seeks to continue the exemption from Integrated Tax (IGST) and Compensation Cess on goods imported under AA/EPCG/EOU Schemes GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 37/2022- Customs New Delhi, the 30th June, 2022 G.S.R. 501(E).- In exercise of the powers conferred by sub-section (1) of section […]
Notification No. 36/2022-Customs [G.S.R. 489(E).], Dated: 30.06.2022 – Seeks to increase BCD rate on Gold imported under TRQ of India-UAE CEPA MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 36/2022-Customs | Dated: 30th June, 2022 G.S.R. 489(E).—In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 […]
Notification No. 35/2022-Customs [G.S.R. 488(E).], Dated: 30.06.2022 – Seeks to increase the rate applicable under BCD exemption on Gold imported under replenishment scheme MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 35/2022-Customs | Dated: 30th June, 2022 G.S.R. 488(E).—In exercise of the powers conferred by sub-section (1) of section 25 of the Customs […]
