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...
CBIC notifies Rate of Exchange of Foreign Currencies against India Rupees wef 18th September, 2020 vide Notification No. 88/2020-Customs (N.T.), Dated: 17th September, 2020. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) ***** Notification No. 88/2020-Customs (N.T.) New Delhi, dated the 17th September, 2020 26 Bhadrapada 1942 […]
Tariff Notification No. 87/2000-Customs (N.T.), Dated: 15.09.2020 in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver- Reg. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) New Delhi, the 15th September, 2020 Notification No. 87/2000-CUSTOMS (N.T.) S.O. 3148(E).—In exercise of the […]
Commissioner of Customs Vs. Artex Textile Private Limited (CESTAT Delhi) we find that assessing officer have been making enhancement in a routine manner and the respondent who are regular importers are left with no choice but to sign on the dotted line for taking delivery of their goods to carry on their business, and also […]
Notification No. 44/2020-Customs (N.T./CAA/DRI), Dated:14.09.2020- Appointment of Common Adjudicating Authority MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) (DIRECTORATE OF REVENUE INTELLIGENCE) Notification No. 44/2020-Customs (N.T./CAA/DRI) New Delhi, the 14th September, 2020 S.O. 3169(E).—In pursuance of notification No. 60/2015-Customs (N.T.), published vide number G.S.R. 453(E), dated 4th June 2015 in […]
In pursuance of Board’s Circular 40/2020 – Customs dated 04.09.2020, the roll-out of Faceless Assessment at an All India level in all ports of import and for all imported goods has to be enabled by 31.10.2020. The detailed roll-out plan in phases covering different Customs Zones and Chapters of the Customs Tariff Act, 1975, including the existing Phases I and II, has been given in Annexure I of the aforesaid Circular.
With the arrest of a mastermind accused namely Christian Anthony Maduneme @ Chris S/o James, Age:- 32 Yrs (Nigerian National) & Shelly Achhumi @ Sttaccy D/o Luvishe Achumi, Age-41 Yrs, DIU/IGI Airport Unit has worked out a case of cheating, registered vide FIR No. 192/20 u/s 420/467/468/471/120B IPC at PS IGI Airport.
Customs seizes smuggled textiles worth Rs 3.3 crore on fishing trawler to Bangladesh- On the basis of Specific Intelligence, a fishing trawler was intercepted by the officers of the Commissionerate of Customs (Preventive) West Bengal, in the intervening night of 06-09-2020 & 07-09-2020, which was coming from Diamond Harbour towards Sagar Island.
Classic Marble Company Vs Commissioner of Customs (CESTAT Mumbai) In this case The learned adjudicating authority has rejected the declared value in respect of the subject Bills of Entry under Section 14(1) ibid read with Rule 12 ibid and re-determined the assessable value under Section 14(1) ibid read with Rule 3(1) ibid, holding that sufficient […]
Notification No. 43/2020-Customs (N.T./CAA/DRI); Dated: 10.09.2020- Appointment of Common Adjudicating Authority. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) (DIRECTORATE OF REVENUE INTELLIGENCE) NOTIFICATION NO. 43/2020-CUSTOMS (N.T./CAA/DRI) New Delhi,the 10th September, 2020 S.O. 3125(E).—In pursuance of notification No. 60/2015-Customs (N.T.), published vide number G.S.R. 453(E), dated 4th June 2015 in […]
CBIC Appoints Common Adjudicating Authority (CAA) in case of M/s Esprit Overseas vide Notification No. 86/2020-Customs (N.T.) dated 9th September, 2020. MINISTRY OF FINANC (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) NOTIFICATION New Delhi, the 9th September, 2020 Notification No. 86/2020-Customs (N.T.) S.O. 3067(E).—In exercise of the powers conferred by Sub-section (1) […]
