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...
DRI crackdown on drug smuggling syndicates results in seizure of more than 3,300 kg of Heroin, 320 kg of Cocaine and 230 kg of Hashish between January and December 2021 Acting on intelligence jointly developed by DRI and ATS Gujarat, a container is being examined by DRI at Pipavav port, Gujarat in the presence of […]
CBIC notifies Rate of Exchange of South African Rand against Indian Rupees with effect from 30th April, 2022 vide Exchange rates Notification No. 38/2022-Customs (N.T.) dated 29th April, 2022. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS ***** Notification No. 38/2022-Customs (N.T.) New Delhi, dated the 29th […]
Tariff Notification No. 37/2022-Customs (N.T.) | Dated: 13th April, 2022 – 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 29th April, 2022 Notification No. 37/2022-CUSTOMS (N.T.) S.O. 2030(E).—In exercise of the powers conferred by sub-section […]
CBIC notifies Rate of Exchange of Norwegian Kroner against Indian Rupees with effect from 29th April, 2022 vide Exchange rates Notification No. 36/2022-Customs (N.T.) dated 28th April, 2022. Government Of India Ministry Of Finance (Department Of Revenue) Central Board Of Indirect Taxes And Customs, New Delhi ***** Notification No. 36/2022 – Customs (N.T.) | Dated […]
CBIC impose countervailing duty (CVD) on imports of Copper Tubes and Pipes originating in or exported from Malaysia, Thailand and Vietnam vide Notification No. 2/2022-Customs (CVD) | Dated the 28th April, 2022. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) New Delhi Notification No. 2/2022-Customs (CVD) | Dated the 28th April, 2022 G.S.R. 323(E).—Whereas, in the […]
CBIC imposes anti-dumping duty on N,N-Dicyclohexyl Carbodiimide (DCC) originating in or exported from China PR for a period of 5 years vide Notification No. 12/2022-Customs (ADD), Dated: 28.04.2022. MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 28th April, 2022 Notification No. 12/2022-Customs (ADD) G.S.R. 321(E).—Whereas, in the matter of “N, N’ – Dicyclohexyl […]
Reference is invited to notification No. 28/2021-Customs dated 24th April, 2021 that sought to exempt customs duty and health cess on import of oxygen, oxygen related equipment and COVID-19 vaccines, up to 30th September, 2021.
CBIC amends Notification No.12/97-Customs(N.T.), dated the 2nd April, 1997 vide Notification No. 35/2022-Customs (N.T.), Dated: 26.04.2022. MINISTRY OF FINANCE (Department of Revenue) (Central Board of Indirect Taxes and Customs) New Delhi, the 26th April, 2022 Notification No. 35/2022-Customs (N.T.) G.S.R. 318(E).—In exercise of the powers conferred by clause (aa) of sub-section (1) of section 7 […]
In re Gecko Motors Pvt. Ltd. (CAAR Delhi) CAAR Gone through the request for withdrawal of the application for advance ruling dated 20.04.2022. It is pertinent to mention here that upon amendment to the Section 28 H (4) of the Customs Act 1962 by the Finance Act 2022, the stated Sub-Section reads as: An applicant […]
In re Syrotech Networks Private Ltd. (CAAR Delhi) CAAR gone through the request for withdrawal of the application for advance ruling dated 20.04.2022. It is pertinent to mention here that upon amendment to the Section 28 H (4) of the Customs Act 1962 by the Finance Act 2022, the stated Sub-Section reads as: ‘An applicant […]
