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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


Procedure for Registration of EOU under IGCR

Custom Duty : Learn the steps for EOU registration under IGCR, from ICEGATE login to bond submission and final approval. Streamlined by the cust...

September 12, 2024 540 Views 0 comment Print

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 1485 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 4323 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 441 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 570 Views 0 comment Print


Latest News


CBIC Invites Suggestions on Import/Export Prohibitions

Custom Duty : Submit feedback on the draft notification under Section 11(3) of the Customs Act, 1962, addressing import/export restrictions. Dea...

September 5, 2024 267 Views 0 comment Print

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 117 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 3687 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 132 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 594 Views 0 comment Print


Latest Judiciary


No time limit prescribed u/s. 149 of Customs Act for amendment of shipping bills: CESTAT Mumbai

Custom Duty : CESTAT Mumbai held that rejection of request for amendment of shipping bills u/s. 149 of the Customs Act, 1962 on the ground of de...

September 16, 2024 162 Views 0 comment Print

Rejection of transaction value without evidence of over-valuation of export goods unjustified: CESTAT Delhi

Custom Duty : CESTAT Delhi held that in absence of evidence of over-valuation of export goods, the transaction value was wrongly rejected under ...

September 14, 2024 183 Views 0 comment Print

Customs Department Must Follow CESTAT Directives Unless Overturned by a superior court

Custom Duty : Bombay High Court upholds CESTAT ruling on revocation of CHA license suspension due to delayed inquiry by Customs, dismissing appe...

September 13, 2024 300 Views 0 comment Print

Rejection of refund claim for mismatch in SAD vs VAT/CST unjustified: CESTAT Chennai

Custom Duty : CESTAT Chennai held that the mismatch in the SAD vs VAT / CST paid caused by different rates at which the tax is paid cannot be he...

September 10, 2024 147 Views 0 comment Print

Non-reflection of amended shipping bill cannot be reason for denial of MEIS benefit: Delhi HC

Custom Duty : Delhi High Court held that rejection of Merchandise Exports from India Scheme (MEIS) benefit merely because amended shipping bills...

September 6, 2024 270 Views 0 comment Print


Latest Notifications


Custom Circular on Automated Exchange Rate Publication with Holiday Adjustments

Custom Duty : Circular No. 17/2024-Customs amends Circular 07/2024 to streamline automated exchange rate publication, addressing holiday adjustm...

September 18, 2024 21 Views 0 comment Print

Customs Automation Update for EOUs from 25th September 2024

Custom Duty : New CBIC circular implements automation for EOUs under Customs Rules, effective September 25, 2024, addressing registration and cl...

September 18, 2024 33 Views 0 comment Print

Tariff Values Updated for Oils, Gold, Silver & Nuts WEF 14th September 2024

Custom Duty : CBIC revises tariff values for palm oil, gold, silver, and other goods under Customs Notification No. 61/2024 effective from 14th ...

September 13, 2024 150 Views 0 comment Print

CBIC Extends Yellow Peas Exemption, Imposes Onion Export Duty, Updates Oil Duties

Custom Duty : Customs Notification No. 43/2024 updates exemptions for yellow peas, imposes 20% export duty on onions, and revises BCD and AIDC r...

September 13, 2024 159 Views 0 comment Print

Extending export related benefits for exports made through courier mode

Custom Duty : CBIC extends export benefits like Duty Drawback, RoDTEP, and RoSCTL for courier shipments through ICES at International Courier Te...

September 12, 2024 81 Views 0 comment Print


Customs Broker not liable for non-tracing of exporter post issuance of Let Export Orders

February 5, 2024 756 Views 0 comment Print

Delhi High Court held that Customs Broker cannot be held liable for not able to trace exporters as ‘Let Export Orders’ already issued and goods already exported out of the country. Accordingly, order revoking customs broker license set aside.

Customs Exchange Rates effective from 5th January, 2024

February 4, 2024 2874 Views 0 comment Print

Explore the latest Customs Notification No. 01/2024-Cus (NT) dated 4th January 2024, detailing revised exchange rates for foreign currencies affecting imports and exports.

Ingredient of product having oils of fish is rightly classifiable under CTH 1504

February 3, 2024 624 Views 0 comment Print

CESTAT Chennai held that a decision on classification cannot be made merely because the goods are mentioned as ‘Food Supplement’ by the Food Safety and Standards Authority of India. Since ingredient of product clearly shows that they have oils of fish, the product is rightly classifiable under CTH 1504 20 20.

Unjust Enrichment Bar Not Applicable Due to Ongoing Vessel Usage

February 3, 2024 579 Views 0 comment Print

In a recent judgment, Calcutta High Court resolves a Customs dispute, allowing Dredging Corporation of India Limited a refund. The court analyzes the application of Customs Act provisions and questions of unjust enrichment.

Main MIC Dust Protective net classifiable under Tariff Heading 59119090: CAAR

February 2, 2024 237 Views 0 comment Print

Explore the Customs Authority ruling on the classification of Main MIC Dust Protective Net by Vivo Mobile India under Tariff 59119090. Detailed analysis, CAAR Delhi decision

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

February 2, 2024 642 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 288 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 981 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 867 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 15219 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.

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