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...
Notification No. 24/2021-Customs (N.T./CAA/DRI), Dated: 17.03.2021- Principal Director General, Revenue Intelligence, hereby appoints common adjudicating authorities. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) (Directorate of Revenue Intelligence) New Delhi, the 17th March, 2021 Notification No. 24/2021-Customs (N.T./CAA/DRI) S.O. 1458(E).—In pursuance of notification No. 60/2015-Customs (N.T.), published vide number G.S.R. […]
Kaamdaa Impex Vs Commissioner of Customs (Madras High Court) Refund not deniable for delay in filing when vital documents seized by DRI: The Madras High Court has held that the application for refund of Special Additional Duty (SAD) cannot be rejected based on the limitation period as prescribed under the relevant notification when the vital […]
Tariff Notification No. 29/2021-Customs (N.T.) Dated 15.03. 2021 in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silvera Government of India Ministry of Finance (Department of Revenue) (Central Board of Indirect Taxes and Customs) Notification No. 29/2021-CUSTOMS (N.T.) New Delhi, 15th March, 2021 S.O. 1207(E).– In exercise of […]
Inox India Pvt Ltd Vs. Union of India (Gujarat High Court) Conclusion: Since on noticing that the declaration of intent on the shipping bill for claiming the benefit under the reward scheme was made mandatory w.e.f 01.06.2015 under the Foreign Trade Policy, 2015-20 or the Handbook of Procedure, 2015-20, therefore, there could be no exclusion […]
Whereas, in the matter of ‘Ciprofloxacin Hydrochloride’ (hereinafter referred to as the subject goods), falling under tariff item 2941 90 30 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975)
MINISTRY OF FINANCE (Department of Revenue) (OFFICE OF THE COMMISSIONER OF CUSTOMS, CITY CUSTOMS COMMISSIONERATE) Notification No. 01/2021-Customs (N.T) Bengaluru, the 11th March, 2021 S.O. 1243(E) .—In exercise of the powers conferred under sub-section(a) of Section 8 of Customs Act, 1962 (52 of 1962), I, Baswaraj Nalegave, Commissioner of Customs, Bengaluru City, hereby modify / […]
Evershine Customs (C & F) Pvt. Ltd. Vs Commissioner of Customs a) The penalty under section 112 on the Customs Broker is set aside because even if the allegation that the CB has not fulfilled his obligations under CBLR 2013 is proven, no penalty can be imposed on this ground under section 112 of the […]
Attention is invited to Instruction No. 01/2020 dated 12.02.2020 on the above-mentioned subject. Vide this Instruction, it was stated that vide notification dated 09.10.2019, FSSAI had notified Authorised officers at 150 food import Points of Entries (PoEs) under Section 25 read with Section 47 (5) of FSS Act and Regulation 13(1) of FSS (Import) Regulations, 2017.
Seeks to impose definitive Countervailing/anti-subsidy duty on imports of Textured Tempered Glass originating in or exported from Malaysia vide Notification No. 3/2021-Customs (CVD) dated 9th March, 2021. MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 9th March, 2021 Notification No. 3/2021-Customs (CVD) G.S.R. 163(E).—Whereas, in the matter of “Textured Tempered Glass” (hereinafter referred to […]
M/S Canon India Private Limited Vs Commissioner of Customs (Supreme Court of India) The main issue is whether after clearance of the cameras on the basis that they were exempted from levy of basic Customs duty under Notification No. 15/2012, the proceedings initiated by the Directorate of Revenue Intelligence for recovery of duty not paid […]
