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 amends notification No. 46/2015-Customs (ADD), dated 4th September 2015 to extend the levy of ADD on imports of Acrylonitrile Butadeine Rubber originating in or exported from Korea RP, for a period of three months i.e. upto 3rd December, 2020 vide Notification No. 27/2020-Customs (ADD) [G.S.R. 520(E)], Dated: 21.08.2020. MINISTRY OF FINANCE (Department of Revenue) […]
CBIC imposes anti-dumping duty on the imports of Phosphoric Acid of all grades and concentrations (excluding Agriculture or Fertilizer grade), originating in or exported from Korea RP for a period of five years vide Notification No. 26/2020 -Customs (ADD) dated 21st August, 2020. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 26/2020 […]
These rules may be called the Customs (Administration of Rules of Origin under Trade Agreements) Rules, 2020. They shall come into force on 21st day of September, 2020.
Preliminary Findings of Anti-dumping Investigation concerning imports of Phenol into India originating in or exported from Thailand and United States of America MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF TRADE REMEDIES) NOTIFICATION PRELIMINARY FINDINGS New Delhi, the 20th August, 2020 Case No. ADD-(OI) 02/2020 Subject : Preliminary Findings of Anti-dumping Investigation […]
Notification No. 39/2020-Customs (N.T./CAA/DRI), Dated: 20.08.2020 – Appointment of Common Adjudicating Authority. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) (DIRECTORATE OF REVENUE INTELLIGENCE) Notification No. 39/2020-Customs (N.T./CAA/DRI) New Delhi, the 20th August, 2020 S.O. 2894(E).— In pursuance of notification No. 60/2015-Customs (N.T.), published vide number G.S.R. 453(E), dated 4th […]
Notification No. 38/2020-Customs (N.T./CAA/DRI), Dated: 20.08.2020- Common Adjudicating Authority appointed MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) (DIRECTORATE OF REVENUE INTELLIGENCE) NOTIFICATION New Delhi, the 20th August, 2020 Notification No. 38/2020-Customs (N.T./CAA/DRI) S.O. 2893(E).—In pursuance of notification No. 60/2015-Customs (N.T.), published vide number G.S.R. 453(E), dated 4th June 2015 […]
Notification No. 37/2020-Customs (N.T./CAA/DRI), Dated: 20.08.2020 – Appointment of Common Adjudicating Authority. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) (DIRECTORATE OF REVENUE INTELLIGENCE) Notification No. 37/2020-Customs (N.T./CAA/DRI) New Delhi, the 20th August, 2020 S.O.2892 (E).— In pursuance of notification No. 60/2015-Customs (N.T.), published vide number G.S.R. 453(E), dated 4th […]
CBIC notifies Rate of Exchange of Foreign Currencies against India Rupees wef 21.08.2020 vide Notification No. 80/2020-Customs (N.T.), Dated: 20th August, 2020. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) ***** Notification No. 80/2020-Customs (N.T.) New Delhi, dated the 20th August, 2020 29 Shravana, 1942 (SAKA) In […]
The facility of deferred payment of Customs import duty shall be governed by the Deferred Payment of Import Duty Rules, 2016, as amended. It is expected that the extension of this facility to the Authorised Public Undertakings shall expedite the Customs clearance of their imported goods at the Ports!Airports!ICDs.
Amendment of Notification No.134/2016-Customs (N.T.) dated 02.11.2016 for omitting Rule 4 of the Deferred Payment of Import Duty Rules, 2016 vide Notification No. 79/2020-Customs (N.T.) dated 19th of August, 2020. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 79/2020-Customs (N.T.) New Delhi, the 19th of […]
