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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


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 861 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 3948 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 1521 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 12 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 2883 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 546 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 144 Views 0 comment Print


Latest Judiciary


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 90 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 42 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 48 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 123 Views 0 comment Print

Customs Broker license cannot be suspended as a penalty: Delhi HC

Custom Duty : Delhi High Court rules that a Customs Broker license cannot be suspended as a penalty for not physically verifying the exporter's ...

August 14, 2024 225 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 16, 2024 45 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 393 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 378 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 360 Views 0 comment Print


Notification No. 68/2023-Customs, Dated: 29th December, 2023

December 29, 2023 2010 Views 0 comment Print

Explore the latest changes in Customs Act with Notification No. 68/2023-Customs dated 29th December, 2023. Effective from 1st January, 2024. Get insights and details here

Notification No. 67/2023-Customs Dated: 29th December, 2023

December 29, 2023 561 Views 0 comment Print

Explore the latest Customs Act amendment through Notification No. 67/2023-Customs dated December 29, 2023. Detailed analysis, changes, and impact revealed.

Conditional release of seized Gold and Gold Items inspite of Customs Appeals by Revenue

December 29, 2023 2097 Views 0 comment Print

Gold and gold items seized from assessee were to be released after the orders-in-original had been passed in favour of assessees, on furnishing securities other than bank guarantees and execution of the bonds to the satisfaction of proper customs authority.

Sea Cargo Manifest and Transhipment (First Amendment) Regulations, 2023

December 28, 2023 588 Views 0 comment Print

Explore the latest Customs Act amendment through Notification No. 94/2023-Customs (N.T.) dated 28th December 2023. Learn about changes in Sea Cargo Manifest and Transhipment Regulations till March 2024.

Calcutta HC Directs Customs to Compensate Seized Goods Value

December 28, 2023 432 Views 0 comment Print

Calcutta High Court orders Customs to compensate petitioner for seized goods value. Analysis of illegal confiscation case and court’s directive.

CESTAT having lack of jurisdiction on appeals against Orders of Commissioner (Appeals) on Duty Drawback; refund order was quashed

December 28, 2023 582 Views 0 comment Print

The order passed by CESTAT was without jurisdiction, the Revenue, thus, was right in observing that the refund order sanctioned in favour of the Firm pursuant to the order of CESTAT, was required to be reviewed.

Mis-Declaration of Maida as Wheat for MEIS Benefit: CESTAT Upholds conditions for release of Seized Export Goods

December 28, 2023 222 Views 0 comment Print

Read the full text of the CESTAT Delhi order on C. L. International vs Commissioner of Customs. Analysis of mis-declaration of Maida as Wheat for MEIS benefit.

Anti-dumping duty leviable on reflective glass imported from China

December 27, 2023 576 Views 0 comment Print

CESTAT Bangalore held that Reflective Glass not found in notification no. 4/2009 dated 06.01.2009 is not exempt from levy of anti-dumping duty. Thus, anti-dumping duty leviable on reflective glass imported from China.

Third Country Invoicing: CAAR ruling on Tripartite Systems & Origin Criteria Under Rules of Origin

December 27, 2023 2820 Views 0 comment Print

CAAR ruled that transaction involving four parties would get covered in scope of third country invoicing under ASEAN India FTA and hence become eligible for availing concessional benefit in India, if otherwise in order.

Bombay HC directs customs authorities to issue detention charges waiver certificate

December 27, 2023 1284 Views 0 comment Print

Explore Bombay High Court’s landmark ruling favoring Sinochem India against the Union of India. Analysis of chemical import dispute, court observations, and implications.

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