Custom Duty Meaning, Calculators, Rules, exemptions Articles Notification, Circulars, Recent Changes, Duty Drawback Rates, Custom Rates, Anti-Dumping Duty
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...
Custom Duty : Excessive credit card spending may attract tax notices. Learn how to manage credit card transactions to avoid scrutiny and ensure ...
Custom Duty : Explore the jurisdictional conflicts in recovery proceedings under Customs Act Section 28AAA and FTDR Act, highlighting key issues...
Custom Duty : Comprehensive review of Indian 2024 Budget reforms on Customs & GST, highlighting impacts on manufacturing, exports, and tax admin...
Custom Duty : Discover the key changes in customs and excise duties proposed in the Union Budget 2024-25, including updated rates and legislativ...
Custom Duty : Government seeks suggestions on mandatory qualifiers in import/export declarations for synthetic diamonds to improve identificatio...
Custom Duty : Discover key amendments in Customs duties and tariff rates effective July 2024, including changes in Basic Customs Duty, Health Ce...
Custom Duty : Ministry of Finance unveils reforms in customs duties to support manufacturing, boost exports, and simplify taxation. Includes exe...
Custom Duty : CBI arrests Customs Superintendent at Sahar Airport, Mumbai for accepting Rs 80,000 bribe to clear an imported consignment. Invest...
Custom Duty : Explore the API integration between ICEGATE and IECs/CBs, its impact on document filing efficiency, challenges addressed, and futu...
Custom Duty : CESTAT Bangalore rules Montanide ISA 206 VG is not classifiable as a veterinary vaccine. Penalty on Bharat Biotech under Customs A...
Custom Duty : CESTAT rules that supervision and efficiency test charges paid to overseas suppliers can't be included in the assessable value for...
Custom Duty : Delhi HC reduces pre-deposit requirement for Shubh Impexs appeal in customs duty dispute over imported goods classification....
Custom Duty : CESTAT Delhi held that imposition of penalty and revocation of customs broker license justified as customs broker abetted the ille...
Custom Duty : Rajasthan High Court orders adjudicating authority to reconsider the dual classification of Aerosol Valves under Customs Tariff He...
Custom Duty : The CBIC revises customs tariff values for crude and refined oils, brass scrap, gold, silver, and areca nuts effective August 15, ...
Custom Duty : Chennai Customs introduces ERAM on ICEGATE for automated exchange rate publication, effective from 4th July 2024. Access rates onl...
Custom Duty : Notification 53/2024 updates tariff values for edible oils, brass scrap, gold, silver, and areca nuts. Effective from August 1, 20...
Custom Duty : The Ministry of Finance has updated Customs Notification No. 50/2017 with a 10% BCD on laboratory chemicals. New rules apply from ...
Custom Duty : Learn about the new regulations for amending import documents under Section 149 of the Customs Act, 1962. Understand the timeline,...
For the purposes of this notification, rate of exchange applicable for the purposes of calculation of such anti-dumping duty shall be the rate which is specified in the notification of the Government of India, in the Ministry of Finance (Department of Revenue), issued from time to time, in exercise of the powers conferred by section 14 of the Customs Act 1962 (52 of 1962), and the relevant date for the determination of the rate of exchange shall be the date of presentation of the bill of entry under section 46 of the said Customs Act.
The Principal notification was published in the Gazette of India, Extraordinary, vide Notification No. 36/2001 – Customs (N.T.), dated, the 3rd August, 2001 (S. O. 748 (E), dated, the 3rd August, 2001) and was last amended vide Notification No. 149/2009-Customs (N.T.), dated, the 30th September, 2009 (S. O. 2492 (E) dated 30th September, 2009).
I am directed to invite your attention to the Board’s Circular No. 54/2005-Cus dated 30.12.2005 prescribing the Guidelines for compounding of offences for implementing the provisions of the Customs Act, 1962 and the Customs (Compounding of offences) Rules, 2005.
In order to address the difficulties in supply of gold, silver and platinum to small jewellery exporters, DGFT has included 5 more new agencies/entities as “nominated agencies” for import of gold/silver/platinum (hereinafter referred as the “precious metal”). Now the nominated agencies are as under:
The principal notification was published in the Gazette of India, Extraordinary, vide number G.S.R.118(E), dated the 1st March, 2002 and was last amended by notification No. 84/2009-Customs, dated the 31st July, 2009 which was published in the Gazette of India, Extraordinary vide number G.S.R.559(E), dated the 31st July, 2009.
The Principal notification No.105/2004-CUSTOMS, dated the 8th October, 2004, was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R.663(E), dated the 8th October, 2004.
Central Board of Excise and Customs hereby appoints the Commissioner of Customs (Sea Port-Import), Chennai to act as a common adjudicating authority to exercise the powers and discharge the duties conferred or imposed on the Joint Commissioner of Customs, Tuticorin for the purpose of adjudicating the matters relating to Show Cause Notice pertaining to M/s TT Enterprises, 95, South Street, Thudaiyur, Sirugambur, (via) Manachallur Taluk, Trichy-621 213 issued vide, F.No. VIII/26/414/2007-DRI, dated the 5th August, 2009, by the Additional Director General, Directorate of Revenue Intelligence, Chennai.
Commissioner of Customs (Import), Jawaharlal Nehru Custom House, Nhava Sheva, Raigad, Maharashtra for the purpose of adjudicating the matters relating to Show Cause Notice pertaining to M/s PFZ Corporation, 108, Shree Krishna Kunj Complex, Vapi Silvassa Road, Imran Nagar, Mehsana Nagar, Vapi, Gujrat and others issued vide, F.No. DRI/AZU/INV-15/2006, dated the 31st January, 2008, by the Additional Director General, Directorate of Revenue Intelligence, Ahmedabad Zonal Unit, Ahmedabad.
the Joint Commissioner of Customs, Custom House, Navrangpura, Ahmedabad for the purpose of adjudicating the matters relating to Show Cause Notice pertaining to M/s. Sarjan, 22 Nalanda Complex, Premchand Nagar Road, Near Mansi Tower, Vastrapur, Naranpura, Ahmedabad and anothers issued vide, F.No. DRI/AZU/INV-08/2009, dated the 4th August, 2009, by the Additional Director, Directorate of Revenue Intelligence, Ahmedabad Zonal Unit, Ahmedabad.
the Commissioner of Customs, Custom House, The Mall, Amritsar for the purpose of adjudicating the matters relating to Show Cause Notice pertaining to M/s. Siddharath Oils, B-XXXIII-325/1C, Ashok Nagar, Lalandhar Bye Pass, G.T.Road (West), Ludhiana and others, issued vide, DRI F.No. 856(22)/LDH/2006/Pt-I/710, dated 31st March, 2009, by the Additional Director General, Directorate of Revenue Intelligence, Delhi Zonal Unit, New Delhi.
