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...
Keeping in mind the difficulties faced by the trade and industry in the ongoing lockdown/constraints imposed in different regions of India due to resurgence of COVID- 19 pandemic, and the importance of facilitating the Customs clearance process, the Board has decided to restore the facility of acceptance of an undertaking in lieu of bond in certain cases of customs clearance from 08.05.2021 till 30.06.2021
Ad hoc Exemption Order No. 4/2021-Customs read with FAQs issued by CBIC dated 7th May, 2021 Earlier CBIC issued Ad hoc Exemption Order No. 4/2021-Customs dated 03-05-2021 to providing the relief/exemption from IGST on imports of specified COVID-19 relief material. Certain procedural clarification was untouched in the said order. For answers all such queries of […]
M/s Gautam Gambhir Foundation, shall import covid relief supply free of cost for free distribution in India as per details in the Annexure (attached), at Delhi Air Cargo Customs Station. Exemption from IGST is recommended for such imports by M/s Gautam Gambhir Foundation under the said adhoc exemption order.
CBIC has decided to restore the facility of acceptance of an undertaking in lieu of bond by Customs formations from the date of issue of this Circular till 30.06.2021. Importers/Exporters availing this facility shall ensure that the undertaking furnished in lieu of bond is duly replaced with a proper bond by 15.07.2021.
FAQs on Ad hoc Exemption Order No. 4/2021-Customs dated 3 May, 2021 – Ad hoc Exemption from IGST on imports of specified COVID19 relief material donated from abroad- This exemption shall apply till 30th June 2021. It would also cover goods already imported but lying uncleared on 3rd May 2021. FREQUENTLY ASKED QUESTIONS Ad hoc […]
SOP for claiming exemption from GST on imports for covid relief material has been issued. Anyone who wants to claim such exemption may please contact any of the nodal officers below. Government of Haryana Excise and Taxation Department F NO: FTD-070001/47/2021-ADDL. ETC (GST)-ETD Dated 7Th May 2021 E-office No. 225547 Standard Operating Procedure for claiming […]
15 points to be taken care of while importing Covid relief material and claiming benefits of Notifications and Orders 1. Basic Customs Duty exempted till 31st October 2021 for the materials as per Notification No 27 dated 20th April 2021 2. Basic Customs Duty and Health Cess exempted till 31st July 2021 for the materials […]
Seeks to amend notification No. 07/2017-Customs (ADD), dated 17-02-2017, so as to extend the applicability of the Anti dumping duty (ADD) on imports of seamless tubes, pipes, hollow profiles of iron, alloy or non alloy steel originating in or exported from Peoples’ Republic of China up to and inclusive of 31st October, 2021. MINISTRY OF FINANCE […]
Case No. ADD-OI-08/2020 Anti-dumping investigation concerning imports of ‘Plain Medium Density Fibre Board having thickness 6mm and above’ produced by M/s. Kim Tin MDF Joint Stock Company, Vietnam.
CBIC notifies Rate of Exchange of Foreign Currencies against Indian Rupees with effect from 7th May, 2021, vide Notification No. 46/2021-Customs (N.T.), Dated: 6thMay, 2021. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) ***** Notification No. 46/2021 – Customs (N.T.) New Delhi, dated the 6thMay, 2021 16 […]
