Custom Duty Meaning, Calculators, Rules, exemptions Articles Notification, Circulars, Recent Changes, Duty Drawback Rates, Custom Rates, Anti-Dumping Duty
Custom Duty : Explains customs valuation under Section 14, CVR 2007, Rule 12, CAVR 2023, transaction value, valuation methods and key judicial d...
Custom Duty : The article explains how the MOOWR Scheme allows manufacturers to defer customs duty and IGST while detailing eligibility, complia...
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 : The Government has extended the full customs duty exemption on critical petrochemical imports until 15 July 2026 because of contin...
Custom Duty : The India–Oman Comprehensive Economic Partnership Agreement became operational on 1 June 2026 after completion of required proce...
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 : CESTAT upheld confiscation of 26 gold biscuits without purchase proof but set aside confiscation of gold ornaments, 1 kg gold bar ...
Custom Duty : CAAR Delhi declined an advance ruling on roasted areca nut classification as the issue had already been decided by the Madras HC u...
Custom Duty : CAAR Mumbai disallowed the advance ruling application on roasted areca nut classification as the issue had already been decided by...
Custom Duty : CAAR Mumbai disallowed the advance ruling application on roasted areca nut classification under Section 28-I(2)(b) as the issue ha...
Custom Duty : In re Webintosh Technologies Private Limited (CAAR Mumbai) M/s Webintosh Technologies Pvt. Ltd. filed an application before the Cu...
Custom Duty : Notification No. 29/2026-Customs grants customs duty concessions on specified UK imports from 15 July 2026, subject to TRQ and ori...
Custom Duty : CBIC Circular 33/2026-Customs implements self-certified Origin Declarations, URN authentication and transition provisions under In...
Custom Duty : CBIC Circular 32/2026-Customs replaces manual container documentation with ICEGATE reporting and electronic gate systems under Not...
Custom Duty : CBIC Notification No. 28/2026-Customs empowers the Board to extend the two-year period in specified cases on sufficient cause bein...
Custom Duty : CBIC extends anti-dumping duty on Arylides imported from China PR till 13 January 2027 through Notification No. 17/2026-Customs (A...
Seeks to amend notification No. 48/2015-Customs (ADD), dated the 21st October, 2015 to extend the levy of ADD on imports of ‘Plain Medium Density Fibre Board of thickness 6mm and above’ originating in or exported from China PR, Malaysia, Sri Lanka & Thailand, for a period of three months i.e. upto 20th January, 2021. GOVERNMENT […]
In addition to other functions, Turant Suvidha Kendra (TSK) at NhavaSheva will act as Facilitation Helpdesk for any grievance related to clearances of the B/E filed in the port.
Government of India Ministry of Finance Department of Revenue (Central Board of Indirect Taxes and Customs) Notification No. 97/2020-Customs (N.T.) New Delhi, the 13th October, 2020 S.O.3569(E).—In exercise of the powers conferred by Sub-section (1) of section 4 and sub-section (1) of section 5 of the Customs Act, 1962 (52 of 1962), the Central Board […]
As the prompt and timely assessment of Bills of Entry and clearance of imported consignments are key objectives of Turant Customs, these issues have been examined and remedial measures have been identified. Accordingly, Board prescribes the following measures for Faceless Assessment:
Notification No.96/2020-Customs (N.T.) dated 12.10.2020 for amendment of Notification No. 50/2020-Customs (N.T.) dated 05.06.2020. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) NOTIFICATION New Delhi, the 12th October, 2020 Notification No. 96/2020-Customs (N.T.) G.S.R. 629(E).—In exercise of the powers conferred by sub-section (1) of section 4 and subsection (1) of […]
Notification No. 55/2020-Customs (N.T./CAA/DRI) dated 12.10.2020- Appointment of Common Adjudicating Authority by Pr. DGRI. Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Directorate of Revenue Intelligence Notification No. 55/2020-Customs (N.T./CAA/DRI) New Delhi, dated the 12.10.2020 S.O. 3628(E). – In pursuance of notification No. 60/2015-Customs (N.T.), published vide […]
Customs (Administration of Rules of Origin under Trade Agreements) Rules, 2020 (CAROTAR, 2020) This Flyer contains background information for importers and other stakeholders and seeks to provide guidance on compliance of CAROTAR, 2020, which have come into force w.e.f. 21.09.2020. 1. Free Trade Agreements (FTAs) 1.1 Trade agreements are integral part of a country’s trade […]
CBIC imposes provisional countervailing duty (CVD) on import of Flat rolled products of stainless steel, originating in, or exported from Indonesia vide Notification No. 02/2020-Customs (CVD) dated 9th October, 2020. MINISTRY OF FINANCE (Department of Revenue) Notification No. 02/2020-Customs (CVD) New Delhi, the 9th October, 2020 G.S.R. 623(E).—Whereas, in the matter of “Flat Products of […]
Export policy restriction put in 1998 only for KIOCL: On 21.01.1998, vide Notification, a specific entry was added in the export policy regarding “Iron Ore pellets manufactured by Kudremukh Iron Ore Company Limited (KIOCL) out of concentrates produced by it”. Thus, the export policy was regard to only Iron Ore pellets manufactured by KIOCL, which was ‘canalized’ through KIOCL, a CPSU under Ministry of Steel.
Notification No. 54/2020-Customs (N.T./CAA/DRI) dated 09.10.2020- Appointment of Common Adjudicating Authority by Pr. DGRI. Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Directorate of Revenue Intelligence Notification No. 54/2020-Customs (N.T./CAA/DRI) New Delhi, dated the 09.10.2020 S.O. 3627(E). – In pursuance of notification No. 60/2015-Customs (N.T.), published vide […]
