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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


YubiKey manufactured by Yubico AB classifiable under HS Code 84718000

December 19, 2023 942 Views 0 comment Print

CAAR ruled that rule that YubiKey manufactured by Yubico AB, is classifiable under HS Code 8471 8000 of First Schedule to Customs Tariff Act, 1975

Customs Ruling on Charges Inclusion in Assessable Value: United Spirits Limited Case

December 19, 2023 906 Views 0 comment Print

Explore the detailed order of Customs Authority for Advance Rulings (CAAR) on United Spirits Limited’s proposed import pattern modification, including loading, unloading, and handling charges.

Latex Rubber Balloons for Holi Celebrations classifiable under HSN Code 95030099

December 19, 2023 1032 Views 0 comment Print

Balloons imported for filling water and for use during Holi celebrations, merit classification under subheading 9503 0099 of First Schedule to Customs Tariff Act, 1975.

Adhesive: Net Weight <1 kg - Merit Classification under HS Code 35069999

December 19, 2023 564 Views 0 comment Print

CAAR ruled that sealants fall under heading 3214, specifically under Sub-heading 32141000. In contrast, adhesives in packaging of less than 1 kg were classified under Sub-heading 35069999.

Augmented Reality (AR) Device classifiable under HSN Code 90318000

December 19, 2023 1107 Views 0 comment Print

CAAR ruled that Augmented Reality (AR) Device namely, Qualcomm heading X-Reality (QXR) version 1 (QXR v1) and version 2 (QXR v2) classifiable under HSN Code 90318000.

CAAR rejects application as question raised is pending before Officer of Custom

December 19, 2023 360 Views 0 comment Print

CAAR held that question raised in application for advance ruling is pending before Officer of Customs which makes application for advance ruling liable for rejection.

CBI Chargesheet: Gold Smuggling Scandal Unraveled, 7 Accused Named

December 19, 2023 876 Views 1 comment Print

Central Bureau of Investigation files chargesheet against 7, including a private company and its director, in a gold smuggling case involving fake exhibitions and circular trading. Details revealed.

Revolutionizing E-Commerce Exports: India’s Innovative Customs Initiatives

December 19, 2023 450 Views 0 comment Print

Explore India’s groundbreaking customs initiatives, including the Hub & Spoke Model, streamlined regulatory frameworks, auto LEO facilities, and 24×7 customs clearances. A game-changer for exporters and importers, fostering seamless global trade.

Refund to be granted as order amending Bill of Entry had attained finality

December 18, 2023 582 Views 0 comment Print

CESTAT Delhi held that that refund has to be granted to the respondent as the order for amendment in the Bills of Entry had attained finality.

Customs Exchange Rates effective from 19th December, 2023

December 18, 2023 1182 Views 0 comment Print

Explore the changes in foreign currency exchange rates under Customs Notification No. 92/2023 by the Ministry of Finance. Effective from 19th December 2023.

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