Sponsored
    Follow Us:

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 1203 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 4044 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 468 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 1551 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 84 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 2940 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 114 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 558 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 153 Views 0 comment Print


Latest Judiciary


Adjuvants classifiable as per material composition in respective Tariff heading: CESTAT Bangalore

Custom Duty : CESTAT Bangalore rules Montanide ISA 206 VG is not classifiable as a veterinary vaccine. Penalty on Bharat Biotech under Customs A...

August 19, 2024 15 Views 0 comment Print

Post-importation Installation Supervision Charges Not includible in Assessable Value: CESTAT Bangalore

Custom Duty : CESTAT rules that supervision and efficiency test charges paid to overseas suppliers can't be included in the assessable value for...

August 19, 2024 27 Views 0 comment Print

Delhi HC Eases Pre-Deposit in Customs Duty Dispute

Custom Duty : Delhi HC reduces pre-deposit requirement for Shubh Impexs appeal in customs duty dispute over imported goods classification....

August 18, 2024 63 Views 0 comment Print

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 114 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 54 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 14, 2024 153 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 411 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 390 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 402 Views 0 comment Print


Extended period could not be invoked where subsequent to filing of Bill of Entry, full facts were disclosed

June 4, 2015 448 Views 0 comment Print

The Hon’ble Supreme Court held that it was not case of wilful misstatement, since all the facts and manner were disclosed in letter addressed to the Department. Hence, extended period could not be invoked.

Rate of exchange of conversion of foreign currency wef 5th June, 2015

June 4, 2015 576 Views 0 comment Print

Schedule I and Schedule II annexed hereto, into Indian currency or vice versa, shall, with effect from 5th June, 2015, be the rate mentioned against it in the corresponding entry in column (3) thereof, for the purpose of the said section, relating to imported and export goods.

Notification No. 51/2015-Customs (N.T.), Dated: June 04, 2015

June 4, 2015 1412 Views 0 comment Print

NOTIFICATION NO. 51/2015-CUS(N.T.), Dated: June 04, 2015 In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby rescinds the notification no. 47/2015-CUSTOMS (N.T.), dated the 21st May, 2015, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii) vide number S.O.1365 (E), dated the 21st May, 2015, with effect from 5th June, 2015, except as respects things done or omitted to be done before such rescission.

Notification No. 36/2015-Customs,Dated-04th of June, 2015

June 4, 2015 1879 Views 0 comment Print

Seeks to amend notification No. 60/2011-Customs, dated the 14th July, 2011, so as to include Kamalasagar (Tripura) on the India-Bangladesh Border, in order to extend exemption from the whole of

Minimum Import Price on import of Arecanuts increased to ₹ 162/- per kg.

June 3, 2015 955 Views 0 comment Print

On account of unabetting import of areca nut from neighbouring countries originating from countries such as Indonesia and Myanmar taking the advantage of low import duty provided under SAFTA and consequent representations from various stakeholders, the Department of Commerce has decided to increase the Minimum Import Price (MIP) on import of Areca nuts from existing ₹ 110/- per kg. to ₹ 162/- per kg. with immediate effect.

Regarding Inauguration of border haat at Kamalasagar Tripura by PM

June 3, 2015 486 Views 0 comment Print

NOTIFICATION NO. 50/2015-CUS(N.T.), Dated: June 03, 2015 S.O. 1462(E).- In exercise of the powers conferred by clauses (b) and (c) of sub-section (1) of section 7 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No.63/1994-CUSTOMS (NT) dated the 21st November, 1994, published vide number S.O.830(E), dated the 21st November, 1994, namely:-

Anti-dumping duty on imports of Acrylic Fibre

June 1, 2015 1468 Views 0 comment Print

Notification No. 27/2015-Customs (ADD) Dated- 1st June, 2015 Seeks to levy definitive anti-dumping duty on imports of Acrylic Fibre, originating in or exported from Korea RP and Thailand for a period of five years.

Anti-dumping duty on Poly Vinyl Chloride Paste Resin to continue till 24.06.2016

June 1, 2015 442 Views 0 comment Print

Notification No. 26/2015-Customs (ADD) Dated 1st June, 2015 In the matter of continuation of anti-dumping duty on “Poly Vinyl Chloride Paste Resin”, falling under Heading 3904 of the First Schedule to the Customs Tariff Act, originating in, or exported from, the European Union, imposed vide notification of the Government of India, in the Ministry of Finance (Department of Revenue), No. 70/2010-Customs, dated the 25th June, 2010

Anti dumping duty on Poly Vinyl Chloride Paste Resin extended till 25th July, 2016

June 1, 2015 286 Views 0 comment Print

Notification No. 25/2015-Customs (ADD) Dated- 1st June, 2015 In the matter of continuation of anti-dumping duty on “Poly Vinyl Chloride Paste Resin”, falling under Heading 3904 of the First Schedule to the Customs Tariff Act, originating in, or exported from, Korea RP, Taiwan, People’s Republic of China, Malaysia, Thailand and Russia, imposed vide notification of the Government of India, in the Ministry of Finance (Department of Revenue),No. 66/2011-Customs, dated the 26th July, 2011

Anti-dumping duty on imports of Electronic Calculators

May 29, 2015 4829 Views 0 comment Print

Notification No. 24/2015-Customs (ADD) Dated- 29th May, 2015- Seeks to levy definitive anti-dumping duty on imports of Electronic Calculators of all types excluding calculators with attached printers, commonly referred to as printing calculators; calculators with ability to plot charts and graphs, commonly referred to as graphing calculators; programmable calculators ,originating in, or exported from, People s Republic of China for a period of five years.

Sponsored
Sponsored
Search Post by Date
August 2024
M T W T F S S
 1234
567891011
12131415161718
19202122232425
262728293031