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...
CAAR held that the issue of classification of distillation equipment in the applicant’s case is pending before an officer of customs. Law, doesn’t allow me to render an advance ruling in such a case.
In re Ingram Micro India Pvt Ltd. (CAAR) Classification of data centre switch router models (DCS-7280CR2K-60-FApplication No. CAAR/CUS/APPL/45/2021 and DCS-7816R3-BND Series) and applicability of Sr. No. 13N of Notification No. 24/2005-Customs, dated 01.03.2005 and Sr. No. 20 of Notification No. 57/2017-Customs, dated 30.06.2017 on these devices Classification of (i) Networking device with Model No. N3XU6S […]
Networking devices with Model Nos. N3XU6S, N3XU5S and N3XU7S are held classifiable under sub-heading 85176290 of the first schedule to the Customs Tariff Act, 1975. Passive antennas with Model Nos. S8RL4H and S8RL4G are held classifiable under subheading 85177090 of the first schedule to the Customs Tariff Act, 1975.
In re Ingram Micro India Pvt Ltd. (CAAR Mumbai) Classification of data centre switch models (DCS-7050SX3-96YC8-F and DCS-7010T-48-F) and applicability of Sr. No. 20 of Notification No. 50/2017-Customs, dated 30.06.2017 on these devices. CAAR ruled that Data Centre Switch models (DCS-7050SX3-96YC8-F and DCS-7010T-48-F) are classifiable under sub-heading 85176290 of the first schedule to the Customs […]
Seeks to amend notification No. 25/2021 – Customs dated 31.03.2021 vide Notification No. 51/2021-Customs Dated 22nd October, 2021. MINISTRY OF FINANCE (Department of Revenue) Notification No. 51/2021-Customs New Delhi, the 22nd October, 2021 G.S.R. 757(E).—In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the […]
Notification No. 63/2021-Customs (ADD) – Seeks to rescind Notification No. 24/2021-Customs(ADD) dated 26th April, 2021, to remove levy of ADD on Polytetrafluoroethylene originating in or imported from Korea RP. MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 22nd October, 2021 Notification No. 63/2021-Customs (ADD) G.S.R. 754(E).—In exercise of the powers conferred by sub-sections (1) […]
Notification No. 62/2021-Customs (ADD) – Seeks to rescind Notification No. 23/2016-Customs(ADD) dated 6th June, 2016, to remove levy of ADD on Polytetrafluoroethylene originating in or imported from Russia. MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 22nd October, 2021 Notification No. 62/2021-Customs (ADD) G.S.R. 753(E).—In exercise of the powers conferred by sub-sections (1) and […]
Seeks to amend notification No. 96/2008- Customs dated 13.08.2008 to include Sierra Leone to allow tariff concession in import from notified Least Developed Countries. MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 22nd October, 2021 Notification No. 50/2021-Customs G.S.R. 756(E).—In exercise of the powers conferred by sub-section (1) of section 25 of the Customs […]
Additional Director General (ADG), DRI is not a proper Officer within the meaning of Section 28 (4) read with Section 2 (34) of Customs Act, 1962. Further, the said decision has been followed by the Hon’ble Madras High Court in the case of Quantum Coal Energy Pvt. Ltd. (supra) and the jurisdictional Hon’ble High Court of Punjab & Haryana in the case of Steelman Industries vs. Union of India & Ors. (supra).
CBIC notifies Rate of Exchange of Foreign Currencies against Indian Rupees with effect from 22nd October, 2021, vide Notification No. 82/2021-Customs (N.T.) | Dated: 21st October, 2021. GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS ***** Notification No. 82/2021 – Customs (N.T.) New Delhi, dated the 21st October, […]
