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...
M. k. Exim (India) Limited Vs Union of India (Rajasthan High Court) We have also perused the guidelines issued by the Directorate General of Foreign Trade under circular dated 31.12.2003 for maintaining the denied entities list. It records that most common instance of action leading to refusal of licenses occurs when firms default in export […]
CBIC amends notification no. 53/2017-Customs to align with HSN 2022 w.e.f. 1.1.2022 vide Notification No. 59/2021-Customs | Dated: 29th December, 2021. MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 59/2021-Customs | Dated: 29th December, 2021 G.S.R. 908(E).—In exercise of the powers conferred sub-section (5) of section 3 of Customs Tariff Act, 1975 (51 […]
CBIC amends notification no. 11/2018-Customs to align with HSN 2022 w.e.f. 1.1.2022 vide Notification No. 58/2021-Customs | Dated: 29th December, 2021. MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 58/2021-Customs | Dated: 29th December, 2021 G.S.R 907(E).—In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 […]
CBIC amends various notifications giving exemption to electronic and defense equipment to align with HSN 2022 w.e.f. 1.1.2022 vide Notification No. 57/2021-Customs | Dated: 29th December, 2021. MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 57/2021-Customs | Dated: 29th December, 2021 G.S.R. 906(E).—In exercise of the powers conferred by sub-section (1) of section […]
CBIC amends notification no. 82/2017-Customs to align with HSN 2022 w.e.f. 1.1.2022 vide Notification No. 56/2021-Customs | Dated: 29th December, 2021 MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 56/2021-Customs | Dated: 29th December, 2021 G.S.R. 905(E).—In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 […]
CBIC amends notification no. 50/2017-Customs to align with HSN 2022 w.e.f. 1.1.2022 vide Notification No. 55/2021-Customs | Dated: 29th December, 2021. MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 55/2021-Customs | Dated: 29th December, 2021 G.S.R. 904(E).—In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 […]
CBIC amends various anti-dumping duty notifications to align with HSN 2022 w.e.f. 1.1.2022 vide Notification No. 78/2021-Customs (ADD) [G.S.R. 909(E)], Dated: 29.12.2021. MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 78/2021-Customs (ADD) | Dated: 29th December, 2021 G.S.R. 909(E).—In exercise of the powers conferred by sub-sections (1), (2) and (5) of section 9A […]
CBIC notifies Rate of Exchange of Turkish Lira against Indian Rupees with effect from 29th December, 2021 vide Notification No. 105/2021-Customs (N.T.) | Dated: 28th December, 2021. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) ***** Notification No.105/2021 – Customs (N.T.) New Delhi, dated the 28th December, 2021 […]
CBIC notifies Rate of Exchange of Turkish Lira against Indian Rupees with effect from 28th December, 2021 vide Notification No. 104/2021-Customs (N.T.) | Dated: 27th December, 2021. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) ***** Notification No. 104/2021 – Customs (N.T.) New Delhi, dated the 27th December, […]
It is recorded that this court has set aside the impugned adjudication order only on the ground of violation of principle of natural justice and has not gone into the merits of the case itself.