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Custom Duty

Custom Duty Meaning, Calculators, Rules, exemptions  Articles Notification, Circulars, Recent Changes, Duty Drawback Rates, Custom Rates, Anti-Dumping Duty

Latest Articles


Legal Validity of “S/d-” on Documents: The Final Word

Custom Duty : Instead of a formal signature, some documents are marked with S/d- (an abbreviation for signed) as a form of attestation. This rai...

August 16, 2024 861 Views 0 comment Print

High Credit Card Use Can Trigger Income Tax Scrutiny

Custom Duty : Excessive credit card spending may attract tax notices. Learn how to manage credit card transactions to avoid scrutiny and ensure ...

August 7, 2024 3948 Views 0 comment Print

Jurisdictional Overlap on Recovery Between Customs and FTDR

Custom Duty : Explore the jurisdictional conflicts in recovery proceedings under Customs Act Section 28AAA and FTDR Act, highlighting key issues...

July 31, 2024 363 Views 0 comment Print

Comprehensive Analysis of Indian Customs & GST Reforms in 2024 Budget

Custom Duty : Comprehensive review of Indian 2024 Budget reforms on Customs & GST, highlighting impacts on manufacturing, exports, and tax admin...

July 26, 2024 465 Views 0 comment Print

Budget 2024-25: Changes under Customs & Excise

Custom Duty : Discover the key changes in customs and excise duties proposed in the Union Budget 2024-25, including updated rates and legislativ...

July 24, 2024 1521 Views 0 comment Print


Latest News


CBIC invites Suggestions on Additional Import/Export Declarations for Synthetic Diamonds

Custom Duty : Government seeks suggestions on mandatory qualifiers in import/export declarations for synthetic diamonds to improve identificatio...

August 16, 2024 12 Views 0 comment Print

Budget 2024: Customs Duty Amendments – Key Changes and Rates

Custom Duty : Discover key amendments in Customs duties and tariff rates effective July 2024, including changes in Basic Customs Duty, Health Ce...

July 26, 2024 2883 Views 0 comment Print

Customs Duty Reforms: Boosting Manufacturing & Export Competitiveness

Custom Duty : Ministry of Finance unveils reforms in customs duties to support manufacturing, boost exports, and simplify taxation. Includes exe...

July 23, 2024 111 Views 0 comment Print

CBI Arrests Customs Officer in Rs 80,000 Bribery Case

Custom Duty : CBI arrests Customs Superintendent at Sahar Airport, Mumbai for accepting Rs 80,000 bribe to clear an imported consignment. Invest...

July 19, 2024 546 Views 0 comment Print

Note On API-Based Integration Between ICEGATE And IECs/CBs

Custom Duty : Explore the API integration between ICEGATE and IECs/CBs, its impact on document filing efficiency, challenges addressed, and futu...

July 17, 2024 144 Views 0 comment Print


Latest Judiciary


Penalty imposed on customs broker for non-compliance with provisions of CBLR, 2018: CESTAT Delhi

Custom Duty : CESTAT Delhi held that imposition of penalty and revocation of customs broker license justified as customs broker abetted the ille...

August 16, 2024 90 Views 0 comment Print

Rajasthan HC Directs Re-examination of Aerosol Valves Classification

Custom Duty : Rajasthan High Court orders adjudicating authority to reconsider the dual classification of Aerosol Valves under Customs Tariff He...

August 16, 2024 42 Views 0 comment Print

Customs Broker Not Liable for Importer’s Misdeclarations Without Deliberate Intent or Negligence

Custom Duty : Customs brokers must perform their duties with diligence, they should not be held responsible for penalties arising from misdeclar...

August 16, 2024 48 Views 0 comment Print

Rejection of refund claim for non-mentioning of period particulars in CA’s certificate is harsh: CESTAT Chennai

Custom Duty : CESTAT Chennai rejection of refund claim merely for non-mentioning of period particulars in CA’s certificate unjustifiable as re...

August 16, 2024 123 Views 0 comment Print

Customs Broker license cannot be suspended as a penalty: Delhi HC

Custom Duty : Delhi High Court rules that a Customs Broker license cannot be suspended as a penalty for not physically verifying the exporter's ...

August 14, 2024 225 Views 0 comment Print


Latest Notifications


Customs Tariff Values for Gold, Silver, Oils & Areca Nuts wef 15.08.2024

Custom Duty : The CBIC revises customs tariff values for crude and refined oils, brass scrap, gold, silver, and areca nuts effective August 15, ...

August 16, 2024 45 Views 0 comment Print

Launch of Exchange Rate Automation Module (ERAM) – Reg

Custom Duty : Chennai Customs introduces ERAM on ICEGATE for automated exchange rate publication, effective from 4th July 2024. Access rates onl...

August 5, 2024 393 Views 0 comment Print

Govt revises Tariff Values for Edible Oils, Metals, Areca Nuts wef 01.08.2024

Custom Duty : Notification 53/2024 updates tariff values for edible oils, brass scrap, gold, silver, and areca nuts. Effective from August 1, 20...

August 2, 2024 207 Views 0 comment Print

CBIC amends BCD Rate for Laboratory Chemicals | Notification No. 41/2024

Custom Duty : The Ministry of Finance has updated Customs Notification No. 50/2017 with a 10% BCD on laboratory chemicals. New rules apply from ...

July 31, 2024 378 Views 0 comment Print

Draft Regulations for Amendment of Customs Import Documents Timeline

Custom Duty : Learn about the new regulations for amending import documents under Section 149 of the Customs Act, 1962. Understand the timeline,...

July 29, 2024 360 Views 0 comment Print


Flanges are parts of WOEG & are classifiable under 8503 & eligible for Excise duty exemption

February 2, 2024 546 Views 0 comment Print

Commissioner of Customs vs Gamesa Wind Turbine – CESTAT Chennai rules flanges integral to Wind Operated Electric Generators, qualifying for excise duty exemption.

Department bears burden of Verifying benefit eligibility for notified imported Goods

February 2, 2024 270 Views 0 comment Print

Explore the implications of the Priyanka Enterprises vs. Commissioner of Customs case as per the detailed CESTAT Chennai order dated 25.01.2024.

Updation of changes vide Budget 2024-25 in System

February 1, 2024 936 Views 0 comment Print

Explore the impact of Budget 2024-25 updates by the Office of the Pr. Commissioner of Customs. Learn about changes, timelines, and advice for importers and customs brokers.

Customs Circular 01/2024: Authorization of Booking Post Offices

February 1, 2024 789 Views 0 comment Print

Read Circular 01/2024 from the Ministry of Finance, India, authorizing Booking Post Offices for export consignments. Get the latest updates on customs regulations.

Customs Exchange Rates effective from 2nd February, 2024

February 1, 2024 15081 Views 0 comment Print

Explore the latest Customs Notification No. 10/2024 on exchange rates by the Central Board of Indirect Taxes and Customs. Analyze how it affects imports and exports for various foreign currencies.

Classification of DWDM & OTN Technology: CAAR rejects Application

February 1, 2024 408 Views 0 comment Print

Explore the Customs Authority’s decision on the classification of Dense Wavelength Division Multiplexers (DWDM) and Optical Transport Network (OTN) technology in the case of Nokia Solutions and Networks India. Understand the implications and resolution of the classification dispute.

Video projectors classifiable under Heading 85286100 & entitled for Customs Exemption

January 31, 2024 336 Views 0 comment Print

Read the full text of the CESTAT Chennai order favoring Acer India’s video projectors’ classification, granting customs exemption. Analysis and details provided.

Customs Tariff Amendment: Notification No. 09/2024-Customs

January 31, 2024 4572 Views 0 comment Print

Explore the latest Customs Tariff amendments by the Ministry of Finance. Notification No. 09/2024-Customs dated 31st January, 2024. Changes in tariff values for various goods.

CBIC amends BCD rate on specified parts/sub-parts of cellular mobile phone

January 30, 2024 696 Views 0 comment Print

Explore the latest Customs Act amendment (Notification No. 09/2024) dated January 30, 2024, impacting tariffs on mobile phone manufacturing inputs. Get insights on revised rates and affected goods.

Customs Duty on Metal Items for Mobile Phones Import

January 30, 2024 405 Views 0 comment Print

Stay updated with the latest customs amendment – Notification No. 08/2024-Customs, dated 30th January, 2024. Learn about the revised regulations for metal items in cellular phones.

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