Custom Duty Meaning, Calculators, Rules, exemptions Articles Notification, Circulars, Recent Changes, Duty Drawback Rates, Custom Rates, Anti-Dumping Duty
Custom Duty : Anti-dumping duty protects local manufacturers from unfairly cheap imports that can damage domestic markets. The article explains ...
Custom Duty : The new customs notifications standardize the effective import duty on gold and silver bullion at 15% through revised BCD, SWS, an...
Custom Duty : The article argues that the sharp increase in gold import duty was triggered by pressure on India’s forex reserves, rising oil p...
Custom Duty : Emergency customs relaxations introduced during the maritime crisis expire on 30 April 2026, leaving exporters uncertain. The fram...
Custom Duty : Highlights how the EMI Scheme allows businesses to defer duty payments, easing working capital pressure while improving operationa...
Custom Duty : The reform removes value restrictions on courier exports, enabling higher-value shipments. It aims to boost e-commerce exports and...
Custom Duty : CBIC has allowed Eligible Manufacturer Importers to avail deferred payment of customs duty from 1 April 2026. The circular outline...
Custom Duty : The CBI has registered a bribery case against three Customs officials accused of taking illegal gratification to release seized go...
Custom Duty : The new rules enhance duty-free allowances and introduce digital declarations. The overhaul aims to speed up clearance and improve...
Custom Duty : New baggage rules and processing regulations are notified, replacing earlier frameworks and aligning customs procedures for passen...
Custom Duty : CESTAT Mumbai held that computer printouts and email records could not be relied upon for customs duty demands because statutory r...
Custom Duty : CESTAT Mumbai held that unlocking and activating mobile phones before export only amounted to product configuration and not “use...
Custom Duty : Tribunal held that Customs authorities could not reclassify imported industrial composite solvent as kerosene when all mandatory B...
Custom Duty : CESTAT Mumbai ruled that Education Cess and Secondary & Higher Education Cess paid through MEIS duty credit scrips for past import...
Custom Duty : CESTAT Delhi held that earlier GST cancellation history became irrelevant once the exporter possessed valid GST registration on th...
Custom Duty : The Ministry of Finance amended the earlier customs notification to continue anti-dumping duty for an extended period. The notific...
Custom Duty : The government imposed anti-dumping duty on Monoisopropylamine imports after finding that Chinese exports were dumped below normal...
Custom Duty : CBIC issued Notification No. 47/2026-Customs (N.T.) continuing existing tariff values for key imported commodities including palm ...
Custom Duty : The Central Government directed provisional assessment of imports of anodized aluminium frames for solar panels from a Chinese exp...
Custom Duty : CBIC has clarified that Entry Inward and Vessel Sail-out Clearance cannot be delayed due to pending physical boarding of customs o...
CBIC amends the Levy of Fees Regulations, 1970, setting a Rs. 1,000.00 fee for each Electronic Application under the new Customs (Voluntary Revision of Entries Post Clearance) Regulations, 2025.
Ministry of Finance (CBIC) Notification 68/2025-Customs (N.T.) amends Notification 26/2022, dated March 31, 2022. The amendment inserts Section 18A of the Customs Act, 1962, concerning the Provisional Assessment of duty, into the Table of the principal notification.
CAAR Mumbai confirms Inductors, Chip Inductors, and related products are correctly classified as Other Inductors under Customs Tariff Item 85045090. This classification is based on the General Rules for Interpretation and Section XVI Notes.
:While the Customs Broker was negligent in exercising due supervision over its employee, permanent revocation of licence was an excessive penalty. Applying the principle of proportionality, the revocation was modified to a limited period of four years with specific monetary deposits and compliance conditions.
CBIC’s Notification 61/2025-Customs amends the Sea Cargo Manifest Regulations, 2018. The new rule extends the deadline at Sr. No. 6 of the TABLE to December 31, 2025.
CESTAT upholds the denial of EPCG benefit for used machinery but reduces the redemption fine and sets aside the Section 114A penalty due to bona fide belief.
An Indian citizen was caught by the Customs Department attempting to depart with 15,000 U.S. Dollars concealed without valid documentation, leading to the absolute confiscation of the currency and imposition of a penalty under the Customs Act, 1962, and the Foreign Exchange Management Act, 1999 (FEMA).
India’s Customs Notification 45/2025 consolidates 31 duty exemptions into a single reference. It clarifies BCD/IGST relief for EVs, medical goods, and project imports.
Finance Ministry has curtailed the zero-duty period for Yellow Peas imports, limiting it to Bills of Lading issued on or before 31st October 2025.
The Ministry of Finance issued Notification 46/2025-Customs, reducing the import duty and AIDC on Yellow Peas to 10% and 20% respectively, effective November 1, 2025.