Custom Duty Meaning, Calculators, Rules, exemptions Articles Notification, Circulars, Recent Changes, Duty Drawback Rates, Custom Rates, Anti-Dumping Duty
Custom Duty : Decoding the Bill of entry : Understanding its key terms So Basically a BOE Contains five parts namely , 1. Bill of entry summary...
Custom Duty : Explore the roles, duties, and penalties of Customs Brokers under Customs Brokers Licensing Regulations (CBLR), ensuring complianc...
Custom Duty : Are time-limits in Regulation 17 of Custom Brokers Licensing Regulations, 2018 mandatory? Explore judicial precedents and procedur...
Custom Duty : The 2024 Budget empowers the government to restrict certain goods under the MOOWR Scheme, which facilitates duty-free imports for ...
Custom Duty : This article delves into the provisions governing AGM extensions under the Companies Act, 2013, and explores key regulations, exam...
Custom Duty : The government addresses queries on the impact of reduced apple import duty and its effects on local farmers, including WTO regula...
Custom Duty : CBI arrests Customs Superintendent and private firm rep for ₹3.18 lakh bribe; over ₹22.7 lakh recovered during searches....
Custom Duty : CBI registers a case against a Customs Superintendent in Bangalore for illicit enrichment. Rs 25 lakh seized during a joint operat...
Custom Duty : Submit feedback on the draft notification under Section 11(3) of the Customs Act, 1962, addressing import/export restrictions. Dea...
Custom Duty : Government seeks suggestions on mandatory qualifiers in import/export declarations for synthetic diamonds to improve identificatio...
Custom Duty : CESTAT Mumbai held that invocation of provisions of immediate suspension of Customs Broker License after more than four years of a...
Custom Duty : Associate Lumber Pvt. Ltd. Vs Commissioner of Customs (Import) (CESTAT Chennai) CESTAT Chennai has emphasized that recovery cannot...
Custom Duty : The appellants herein is a Customs Broker (CB). In pursuance of specific intelligence regarding customs duty evasion in import con...
Custom Duty : The goods were re-exported in April 2005 after Customs clearance. Customs authorities issued a show-cause notice alleging non comp...
Custom Duty : It is the Petitioner’s grievance that despite the issue of classification having been settled in favour of the Petitioner, the R...
Custom Duty : India imposes definitive anti-dumping duty on Telescopic Channel Drawer Sliders imported from China, effective from 27th June 2024...
Custom Duty : From December 17, 2024, goods for solar power generation projects cannot undergo certain manufacturing processes in warehouses, pe...
Custom Duty : Government has clarified insurance and bond requirements for CCSPs and AEO-LOs to ease business operations, including changes in c...
Custom Duty : CBIC updates tariff values for various goods, including palm oil, soya bean oil, gold, silver, and areca nuts. New rates effective...
Custom Duty : Routine sampling for rice exports is discontinued. Sampling is now case-specific, decided by Customs officials. Streamlined proces...
Notification No. 41/2012-Customs (ADD) Anti dumping duty on imports of Ductile iron Pipes, originating in, or exported from, China PR was imposed by Notification No. 103/2007-CUSTOMS, dated the 14th September, 2007 and would have expired on 13 September 2012. Now, the Government has extended it by another year till 12 September 2013.
Circular No. 26/2012-Customs “In respect of individual consignments to be warehoused, the licencees are to give a double duty bond as required under the law. In respect of sensitive goods we may take a cash deposit or bank guarantee equal to 25% of the duty liability (effective duty foregone) for each consignments
Notification No. 50 / 2012 – Customs Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the following amendments in each of the notifications of the Government of India in the Ministry of Finance (Department of Revenue), specified in column (2) of the Table below, shall be amended or further amended, as the case may be, in the manner specified in the corresponding entry in column (3) of the said Table, namely :-
Seeks to amend Notification 12/2012-Customs, dated 17-03-2012, regarding the withdrawal of duty exemption in respect of goods required for initial setting up or substantial of Mega/ Ultra mega power projects
Notification No. 48/2012-Customs Seeks to amend Notification no. 125/2011-Customs, dated 30-12-2011 prescribing preferential rates of customs duty for goods imported under SAARC Free Trade Agreement (SAFTA) so as to reduce the number of tariff lines in the sensitive list for Non-Least Developed Countries (NLDCs)
Notification No. 80/2012 – Customs (N.T.) Central Board of Excise and Customs hereby determines that the rate of exchange of conversion of each of the foreign currency specified in column (2) of each of Schedule I and Schedule II annexed hereto into Indian currency or vice versa shall, with effect from 7th September, 2012 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.
Circular No. 25 /2012-Cus oard has decided to prescribe that when address verifications or Installation Certificate verifications are requested by the Customs authorities in respect of EPCG authorizations, the Central Excise authorities should include, in their verification, a check of the periodical utility bills (containing the address) as one of the means enabling verification of installation/ operation/ licencee premises.
This petition has been filed by the petitioner for initiating a proceeding of contempt against the opposite parties for their deliberate and willful non-compliance and violation of order dated 14.11.2011,
Circular No.24/2012-Customs It has been decided to make e-payment of duty mandatory for importers registered under Accredited Clients Programme and importers paying customs duty of one lakh rupees or more per Bill of Entry with effect from 17.09.2012.
Order of the Supreme Court in Writ Petition (Civil) No. 657 of 1995 in the matter of Research Foundation for Science, Technology & Natural Resource Policy Vs Union of India (UOI), relating to Ship-breaking-
