Sponsored
    Follow Us:

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 1182 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 4035 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 1542 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 81 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 2937 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 558 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 153 Views 0 comment Print


Latest Judiciary


Delhi HC Eases Pre-Deposit in Customs Duty Dispute

Custom Duty : Delhi HC reduces pre-deposit requirement for Shubh Impexs appeal in customs duty dispute over imported goods classification....

August 18, 2024 60 Views 0 comment Print

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 114 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 54 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 75 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 144 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 14, 2024 153 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 411 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 387 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 402 Views 0 comment Print


DGFT to accept e-BRC for exports with LEO date upto 31.03.2014

February 28, 2017 2625 Views 0 comment Print

CBEC decided that for exports with LEO dates 12.08.2012 onwards till 31.03.2014, DGFT’s e-BRC would be accepted, except in case of specific intelligence or information of misuse. This shall be subject to appropriate declaration by the exporter on back of DGFT e-BRC. Format of the said declaration is annexed herewith.

Exemption from drawal of samples for grant of drawback

February 28, 2017 624 Views 0 comment Print

It has been decided by the Board that those exporters who have been accorded Authorized Economic Operator (AEO) certificate (Tier II & Tier III) in terms of Circular No. 33/2016- Customs dated 22.07.2016 are being exempt from the requirements of drawl of samples for the purpose of grant of drawback, except in case of any specific information or intelligence.

Notification No. 13/2017-Customs (N.T.), Dated: 28.02.2017

February 28, 2017 1185 Views 0 comment Print

Tariff Notification Notification No. 13/2017-Customs (N.T.), Dated: 28.02.2017 in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver – Reg

Proposal to amend Customs Valuation (Determination of Price of Imported Goods) Rules, 2007

February 28, 2017 891 Views 0 comment Print

The Central Govt. proposes to consider the following amendments to the Customs Valuation (Determination of Price of Imported Goods) Rules, 2007

Anti-dumping duty on Seamless tubes, pipes & hollow iron profiles etc.

February 17, 2017 3828 Views 0 comment Print

Seeks to levy definitive anti-dumping duty on Seamless tubes, pipes and hollow profiles of iron, alloy or non-alloysteel (other than cast iron and stainless steel), whether hot finished or cold drawn or cold rolled of an external diameter not exceeding 355.6 mm or 14″ OD originating in,or exported from the People’s Republic of China. GOVERNMENT […]

Clarification of levy of MOT charges in CFSs attached to 24×7 ports

February 16, 2017 1374 Views 0 comment Print

Factory stuffed containers are already covered under 24×7 operations, therefore, MOT charges are not required to be paid in lieu of services (like verification of seals etc) rendered by customs officers at CFSs in respect of such containers.

Rate of exchange of conversion of foreign currency WEF 17.02.2017

February 16, 2017 1014 Views 0 comment Print

Central Board of Excise and Customs hereby determines rate of exchange of conversion of each of foreign currencies WEF 17th February, 2017.

Notification No. 11/2017-Custom (N.T.), Dated: 15.02.2017

February 15, 2017 3447 Views 0 comment Print

Notification No. 11/2017-CUSTOMS (N.T.) -Tariff value Notification in respect of Fixation of tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver

Guideline for Seizure of Custom goods, documents and things

February 8, 2017 6723 Views 0 comment Print

It has been brought to the notice of the Board that in several cases, goods arc being held-up/seized by the field formations only under panchnama and separate orders for seizure of goods are not being passed.

Notification No. 10/2017-Customs (N.T.) dated 08.02.2017

February 8, 2017 1758 Views 0 comment Print

Central Board of Excise and Customs hereby invests in the officers specified in column (1) of the Table below, the powers of the Customs Officer of the rank specified in column (2) of the said Table,

Sponsored
Sponsored
Search Post by Date
August 2024
M T W T F S S
 1234
567891011
12131415161718
19202122232425
262728293031