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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

Custom DutySix-Month Timeline for Customs Appeals Directory, Not Mandatory: Delhi HC
Custom Duty

Six-Month Timeline for Customs Appeals Directory, Not Mandatory: Delhi HC

CA Sandeep Kanoi9 months ago
Custom DutyCase confirming ADD Sent Back for failure to Address Copolymer vs. Homopolymer Claim
Custom Duty

Case confirming ADD Sent Back for failure to Address Copolymer vs. Homopolymer Claim

CA Sandeep Kanoi9 months ago
Custom DutyCustoms’ Oral SCN Waiver Cannot Justify Detention of Imported Goods: Delhi HC
Custom Duty

Customs’ Oral SCN Waiver Cannot Justify Detention of Imported Goods: Delhi HC

CA Sandeep Kanoi9 months ago
Custom DutyDelhi HC Imposes Costs on Customs Officer for Unnecessary Harassment of Importers
Custom Duty

Delhi HC Imposes Costs on Customs Officer for Unnecessary Harassment of Importers

CA Sandeep Kanoi9 months ago
Custom DutyCustoms duty paid on goods lost before time of clearance is to be refunded to importer
Custom Duty

Customs duty paid on goods lost before time of clearance is to be refunded to importer

POONAM GANDHI9 months ago
Custom DutyCustoms SCN Extension Under Section 110 Valid Only if Approved Before 6-Month Expiry
Custom Duty

Customs SCN Extension Under Section 110 Valid Only if Approved Before 6-Month Expiry

CA Sandeep Kanoi9 months ago
Custom DutyCustoms Duty Order Quashed for Ignoring Water Meter Precedents
Custom Duty

Customs Duty Order Quashed for Ignoring Water Meter Precedents

CA Sandeep Kanoi9 months ago
Custom DutyCounsel’s Lapse No Excuse for Petitioner’s Delay if Appellant not diligent: Kerala HC
Custom Duty

Counsel’s Lapse No Excuse for Petitioner’s Delay if Appellant not diligent: Kerala HC

CA Sandeep Kanoi9 months ago
Custom DutyKerala HC Orders Conditional Bail in Thailand-Linked Ganja Parcel Case
Custom Duty

Kerala HC Orders Conditional Bail in Thailand-Linked Ganja Parcel Case

CA Sandeep Kanoi9 months ago
Custom DutyAppeal Allowed Despite Delay Due to Wrong Legal Advice in Gold Confiscation Case
Custom Duty

Appeal Allowed Despite Delay Due to Wrong Legal Advice in Gold Confiscation Case

CA Sandeep Kanoi9 months ago
Custom DutyHC Upholds Re-Export of Restricted Chemicals; No Domestic Intent Found
Custom Duty

HC Upholds Re-Export of Restricted Chemicals; No Domestic Intent Found

CA Sandeep Kanoi9 months ago
Custom DutyCustoms Broker Licence Suspension Set Aside for Lack of Evidence & Mens Rea
Custom Duty

Customs Broker Licence Suspension Set Aside for Lack of Evidence & Mens Rea

CA Sandeep Kanoi9 months ago
Custom DutyJaipur Metro Added to Project Imports Scheme Through New Customs Amendment
Custom Duty

Jaipur Metro Added to Project Imports Scheme Through New Customs Amendment

Editor49 months ago
Custom DutyGovt Revises Tariff Values for Edible Oils, Metals & Areca Nuts wef 29.11.2025
Custom Duty

Govt Revises Tariff Values for Edible Oils, Metals & Areca Nuts wef 29.11.2025

Editor9 months ago

Latest Custom Duty News

Read all the headlines and latest custom duty news, updates and announcements regarding Customs Act, changes in custom duty rates and custom duty challans only at Taxguru.com

Custom duty is an indirect tax which is applicable on goods which are imported into India and a few goods which are exported out of India. Globally, countries levy custom duties over import and export of goods for raising revenue and also for shielding their domestic companies from competitors from several other countries. Custom duty in India is imposed on almost universally all the goods which are imported into India. Export duties are imposed on few goods as provided under Second Schedule. These duties are not imposed on few items such as lifesaving drugs or equipment, food grains, fertilizers etc. Import duties are divided into basic duty, true countervailing duty, additional customs duty, protective duty, anti-dumping duty and education cess.

Customs duty in India is imposed according to the value of the goods or their weight, dimension and other various criteria as per the goods. Where the duties are based on goods value, then the custom duties are known as ad valorem duties, and where the duty is based on quantity or weight, the duties are known as specific duties.

Customs Act, 1962 empowers the government of India for levying customs duty, prohibiting import and export of goods, framing policies for exporting and importing and penalties, offences etc. All the matters which are related to custom duty comes under the CBEC (Central Board of Excise & Customs). The Central Board of Excise & Customs also formulates policies with respect to custom duty rate, smuggling prevention and administrative decisions that are related to customs formations.

Get all the latest custom duty news and updates here at Taxguru. We offer a cohesive and detailed analysis of the relevant updates and announcements related to custom duties. We keep our site updated with all the latest updates, announcements and news on custom duty. Get to know about all the changes and updates to the custom duty challan and other such specific details.