Custom Duty Meaning, Calculators, Rules, exemptions Articles Notification, Circulars, Recent Changes, Duty Drawback Rates, Custom Rates, Anti-Dumping Duty
Custom Duty : Explains customs valuation under Section 14, CVR 2007, Rule 12, CAVR 2023, transaction value, valuation methods and key judicial d...
Custom Duty : The article explains how the MOOWR Scheme allows manufacturers to defer customs duty and IGST while detailing eligibility, complia...
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 : The Government has extended the full customs duty exemption on critical petrochemical imports until 15 July 2026 because of contin...
Custom Duty : The India–Oman Comprehensive Economic Partnership Agreement became operational on 1 June 2026 after completion of required proce...
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 : CESTAT upheld confiscation of 26 gold biscuits without purchase proof but set aside confiscation of gold ornaments, 1 kg gold bar ...
Custom Duty : CAAR Delhi declined an advance ruling on roasted areca nut classification as the issue had already been decided by the Madras HC u...
Custom Duty : CAAR Mumbai disallowed the advance ruling application on roasted areca nut classification as the issue had already been decided by...
Custom Duty : CAAR Mumbai disallowed the advance ruling application on roasted areca nut classification under Section 28-I(2)(b) as the issue ha...
Custom Duty : In re Webintosh Technologies Private Limited (CAAR Mumbai) M/s Webintosh Technologies Pvt. Ltd. filed an application before the Cu...
Custom Duty : Notification No. 29/2026-Customs grants customs duty concessions on specified UK imports from 15 July 2026, subject to TRQ and ori...
Custom Duty : CBIC Circular 33/2026-Customs implements self-certified Origin Declarations, URN authentication and transition provisions under In...
Custom Duty : CBIC Circular 32/2026-Customs replaces manual container documentation with ICEGATE reporting and electronic gate systems under Not...
Custom Duty : CBIC Notification No. 28/2026-Customs empowers the Board to extend the two-year period in specified cases on sufficient cause bein...
Custom Duty : CBIC extends anti-dumping duty on Arylides imported from China PR till 13 January 2027 through Notification No. 17/2026-Customs (A...
P K Exim Vs C.C. -Mundra (CESTAT Ahmedabad) It is settled law that, irrespective of whether the classification claimed by the appellant is correct or not since the classification proposed by the Revenue is absolutely incorrect, the entire case of the Revenue will not sustain. Further In view of the settled legal position the test […]
Seeks to extend anti dumping duty on ‘ceramic tableware and glassware’ originating in or exported from Malaysia, to prevent the circumvention of anti dumping duty levied on subject goods originating in or exported from China PR vide Notification No. 4/2018-Customs (ADD) dated 21st February, 2018. MINISTRY OF FINANCE (Department of Revenue) Notification No. 59/2021-Customs (ADD) […]
Seeks to extend the levy of ADD on import of Jute products originating in or exported from Bangladesh and Nepal by amending notification No. 01/2027-Customs (ADD) dated 05-01-2017. MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 1st October, 2021 Notification No. 58/2021-Customs (ADD) G.S.R. 712(E).—Whereas, the designated authority vide initiation notification No. 7/9/2021-DGTR […]
Remission of Duties or Taxes on Export Products (RoDTEP) was introduced for the Exporters to make Indian products cost-competitive and create a level playing field for them in the Global Market by Refund un-refunded Taxes or Duties / Levies, not Exempted or Rebated at Present by any other Mechanism. Government Issued an Advisory on 1st Jan’2021, […]
The RoDTEP scheme rebates the incidence of duties, taxes and levies at the Central/State/local levels on specified export goods, where such duty or tax or levy is not exempted, remitted or credited under any other scheme. The remission under RoDTEP is as a percentage of the Free on Board (FoB) value of the eligible export product along with value caps for certain HS codes or is at specific value as detailed under Appendix 4R of the FTP.
Earlier it was intended to subsume the RoSCTL scheme w.e.f. 01.01.2021 in the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme which was also being introduced w.e.f. 01.01.2021. Accordingly, facility to file shipping bill with claim for RoSCTL was discontinued. However, subsequently it was decided to have independent RoSCTL scheme w.e.f. 01.01.2021 to 31.03.2024.
Definitive anti-dumping duty on Flat rolled product of steel, plated or coated with alloy of Aluminium and Zinc, originating in or exported from People’s Republic of China, Vietnam and Republic of Korea further extended till 31st day of January, 2022 vide Notification No. 57/2021-Customs (ADD) | Dated: 30th September, 2021. MINISTRY OF FINANCE (Department of Revenue) […]
Definitive anti-dumping duty on High-Speed Steel of Non-Cobalt Grade, originating in, or exported from Brazil, People’s Republic of China and Germany further extended till 31st day of January, 2022 vide Notification No. 56/2021-Customs (ADD) | Dated: 30th September, 2021. MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 56/2021-CUSTOMS (ADD) | Dated: 30th September, 2021 […]
Definitive anti-dumping duty on Straight Length Bars and Rods of Alloy Steel originating in, or exported from People’s Republic of China further extended till 31st day of January, 2022 vide Notification No. 55/2021-Customs (ADD) | Dated: 30th September, 2021. MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 30th September, 2021 Notification No. 55/2021-CUSTOMS (ADD) G.S.R. […]
Seeks to implement 45th GST Council Meeting recommendation on IGST on imports related to goods from Antarctica and Border haats vide Notification No. 47/2021-Customs Dated: 30th September, 2021. IGST exemption on specified goods when imported into India for sale in Border Haats in Tripura at Indo-Bangladesh border. IGST exemption on all goods imported from Antarctica […]
