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


ICEGATE Registration Guide for Import-Export Businesses

Custom Duty : Learn how to register on ICEGATE portal with our comprehensive guide. Follow step-by-step instructions, document requirements, and...

July 11, 2024 744 Views 0 comment Print

Violation of Pre-Import Condition: A Never-Ending Tale

Custom Duty : Explore the complexities and implications of the pre-import condition under Notification 79/2017 in Indian customs law, highlighte...

July 8, 2024 783 Views 0 comment Print

Is custom duty payable on transfer of goods from FTWZ to MOOWR

Custom Duty : Article delves into whether customs duty is payable when transferring goods from FTWZ to MOOWR, backed by relevant advance rulings...

June 19, 2024 471 Views 0 comment Print

CT 17 License for Importing New Drugs: Clinical Trials, Testing & Analysis

Custom Duty : Learn about the licensing process (Form CT 17) for importing new drugs or investigational new drugs for clinical trials, bioavaila...

June 7, 2024 318 Views 0 comment Print

Unveiling Tariffs: Navigating Through Types and Effects

Custom Duty : Introduction: – Tariffs are also known as customs duties, are basically taxes which are imposed on goods and services which ...

May 20, 2024 525 Views 0 comment Print


Latest News


Mandatory Additional Qualifiers in Steel Import/Export Declarations- Reg.

Custom Duty : Government seeks suggestions on new mandatory qualifiers for steel import/export declarations to improve efficiency and policy-mak...

July 11, 2024 231 Views 0 comment Print

CBIC’s Exchange Rate Automation Module (ERAM) Effective from July 4, 2024

Custom Duty : Discover how CBIC's new Exchange Rate Automation Module (ERAM) simplifies trade with 22 currency exchange rates online. Learn more...

June 29, 2024 1089 Views 0 comment Print

CBIC mounts campaign against frauds committed in the name of Indian Customs

Custom Duty : Learn how CBIC is tackling frauds by imposters posing as Indian Customs officers. Stay safe with tips on identifying scams and pro...

June 18, 2024 1980 Views 0 comment Print

Electronic Cash Ledger (ECL) Implementation for Courier Imports, Effective March 1, 2024

Custom Duty : Ministry of Finance has announced implementation of Electronic Cash Ledger (ECL) for payment of import duties on goods imported th...

March 2, 2024 795 Views 0 comment Print

Assistant Commissioner of Customs Sentenced: CBI Case Details

Custom Duty : Learn about the sentencing of an Assistant Commissioner of Customs and his wife in a CBI case involving disproportionate assets, w...

February 8, 2024 1203 Views 0 comment Print


Latest Judiciary


No Penalty Under Section 112(b)(ii) Without Evidence of Smuggled Gold

Custom Duty : Read the detailed analysis of CESTAT Kolkata's decision to quash penalties under Customs Act Section 112(b)(ii) due to lack of evi...

July 17, 2024 69 Views 0 comment Print

Edible supari & industrial betel nut same product: HC allows SAED refund claim

Custom Duty : Read the full judgment of Commissioner of Customs Vs Baburam Harichand by Gujarat High Court. Industrial betel nuts and supari are...

July 17, 2024 33 Views 0 comment Print

Debiting Duty Scrips: A Payment Mode, Not Just Administrative: Madras HC

Custom Duty : Understand the Madras High Court's ruling on debiting Social Welfare Surcharge (SWS) from MEIS/SEIS Scrips against customs duties ...

July 16, 2024 189 Views 0 comment Print

Customs Act: Gold Confiscatable if Foreign-Origin or Smuggling proved

Custom Duty : Read the detailed analysis of Ravindra Soni vs Commissioner of Customs (Preventive) case by CESTAT Kolkata. Understand why gold co...

July 16, 2024 90 Views 0 comment Print

Aerosol valves containing medicament classifiable under 8481 8090: CESTAT Mumbai

Custom Duty : Explore the CESTAT Mumbai decision on the classification of imported aerosol valve components under Customs Tariff Items (CTI) 848...

July 16, 2024 48 Views 0 comment Print


Latest Notifications


Implementation of Sea Cargo Manifest and Transshipment Regulations (SCMTR), 2018

Custom Duty : Important update on Sea Cargo Manifest and Transshipment Regulations: Extension for old formats until 31st August 2024. Prepare fo...

July 17, 2024 162 Views 0 comment Print

Govt revises Tariff Values for Edible Oils, Metals, Areca Nuts wef 16.07.2024

Custom Duty : Explore Customs Notification No. 49/2024-Customs (N.T.) issued by the Ministry of Finance, Department of Revenue. Detailed amendme...

July 15, 2024 96 Views 0 comment Print

CBIC Amends ADD Notification to Update Producer Name to ‘Shell Singapore Pte. Ltd

Custom Duty : CBIC updates Notification No. 14/2020-Customs (ADD) to change producer name from 'Shell Eastern Petroleum' to 'Shell Singapore Pte...

July 13, 2024 480 Views 0 comment Print

CBIC notifies 5% IGST on Aircraft Parts & IGST Exemption for RAMA Research Equipment

Custom Duty : Explore the latest changes under Notification No. 28/2024-Customs issued by the Ministry of Finance, impacting customs duties and ...

July 13, 2024 435 Views 0 comment Print

Compensation Cess exempted on SEZ Imports for authorised operations

Custom Duty : Read Notification No. 27/2024-Customs dated 12th July, 2024, exempting SEZ imports from CGST compensation cess under Customs Tarif...

July 13, 2024 204 Views 0 comment Print


No Penalty/Redemption Fine When Goods Allowed To Be Re-Exported

October 22, 2023 777 Views 0 comment Print

CESTAT Mumbai rules redemption fine and customs duty not required when goods are allowed to be re-exported. Detailed analysis of Goyal Trading vs. Commissioner of Customs case.

70% Max Depreciation Allowed on Imported Second-Hand Machines: CESTAT Kolkata

October 22, 2023 3291 Views 0 comment Print

In the India Potteries Ltd. vs. Commissioner of Customs case, CESTAT Kolkata rules 70% max depreciation on imported second-hand machines. Full order analysis.

No interest on excise duty refund granted within 3 months as prescribed U/s. 18(4) 

October 22, 2023 171 Views 0 comment Print

Explore the case of Saraswati Knitwear Pvt Ltd vs. Commissioner of Customs (CESTAT Chandigarh) regarding interest on excess duty paid for clearing yarn. Discover the CESTAT’s decision.

Circular Cannot Introduce New Exemption Conditions: CESTAT Kolkata

October 21, 2023 477 Views 0 comment Print

In a recent case, CESTAT Kolkata ruled that a Circular cannot impose new conditions for customs duty exemptions not inherent in the original Notification

Rejection of declared value based on NIDB data on similar goods unsustainable

October 21, 2023 312 Views 0 comment Print

CESTAT Kolkata held that rejection of declared value based on NIDB data on similar goods unsustainable. Accordingly, differential duty demand and imposition of penalty thereon is unsustainable.

Gross Negligence, Not Collusion: CESTAT Hyderabad Reduces Penalty

October 21, 2023 390 Views 0 comment Print

CESTAT Hyderabad reduces the penalty for Sriram Srinivasa Rao, highlighting the case of gross negligence rather than collusion in the Customs Act 1962

Revised All Industry Rates of Duty Drawback from 30th October, 2023

October 20, 2023 29580 Views 0 comment Print

Government revised customs duty drawback rates in Notification No. 77/2023-Custom (N.T.), effective from October 30, 2023.

Transaction value will be assessable value when buyer and seller are unrelated and price is sole consideration

October 20, 2023 417 Views 0 comment Print

CESTAT Kolkata held that when buyer and seller are not related and the price is the sole consideration, the transaction value at the time and place of export will be the assessable value. Accordingly, customs duty paid at higher assessable value is directed to be refunded.

Rendering decision on goods that are yet to be provisionally assessed is premature intervention

October 19, 2023 459 Views 0 comment Print

CESTAT Mumbai held that rendering a decision on goods that are yet to be provisionally assessed would be a premature intervention. The possible detriment that may arise on a future date is not a grievance that should be entertained unless and until it does translate as one upon occurrence of import or export of goods.

Customs Exchange Rates effective from 20th October, 2023

October 19, 2023 930 Views 0 comment Print

Explore the impact of Notification No. 76/2023-Customs by the Ministry of Finance on exchange rates for foreign currencies in India, effective from 20th October, 2023

Sponsored
Search Post by Date
July 2024
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
293031