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,...
even though the performance of the domestic industry had improved with the imposition of anti-dumping duties, the situation of the domestic industry continued to be fragile and vulnerable and in the event of revocation of the anti dumping duty, the domestic industry in all likelihood would once again be subjected to the recurrence of dumping and injury; and had recommended continued imposition of definitive anti-dumping duty on the subject goods, originating in, or exported from, the subject country in order to remove injury to the domestic industry.
rate of exchange applicable for the purposes of calculation of 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 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.
Provided that where the period of application of safeguard measure exceeds one year the Director-General shall review the situation not later than the mid-term of such imposition, and, if appropriate, recommend for withdrawal of such safeguard measure or for suitable modification of the same.
A harmonious reading of the above provisions indicates that the provisions of Section 47 (1) are applicable to the goods entered for home consumption by filing a bill of entry accordingly, and the interest liability for delayed payment of duty after the return of Bill of Entry is attracted on import duty as assessed under Section 47 (1) on such goods.
the domestic industry had suffered material injury and the injury had been caused to the domestic industry, both by volume and price effect of dumped imports of the subject goods, originating in or exported from, the subject country, and had recommended imposition of provisional anti-dumping duty on all imports of the subject goods, originating in or exported from, the subject country.
whereas, the designated authority vide notification No. 15/18/2008-DGAD, dated the 12th February, 2009, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 13th February, 2009, had terminated the investigation initiated vide notification No. 15/18/2008-DGAD, dated the 22nd August, 2008 and recommended that the anti dumping duties need not be extended further.
The government plans to impose anti-dumping duty on imports of front axle beam and steering knuckles used in the production of commercial vehicles to guard the domestic industry from cheap Chinese shipments into the country. The provisional anti-dumping duty to be imposed would be in range of $ 0.50 per kg to $0.69 per kg, […]
In exercise of the powers conferred by sub-section (1) of section 4 and sub-section (1) of section 5 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby appoints the Commissioner of Customs, The Mall, Amritsar to act as a common adjudicating authority to exercise the powers and discharge the duties conferred or imposed on the Deputy/Assistant Commissioner of Customs, Inland Container Depot, Tughlakabad, New Delhi for the purpose of adjudicating the matters relating to Show Cause Notice pertaining to M/s Maya Enterprises, 196, Industrial Area, Phase – II, Chandigarh and another issued vide, F.No. 856)22)/LDH/2006/Pt-I12-15, dated the 5th January, 2009, by the Additional Director General, Directorate of Revenue Intelligence, 6th Floor, Paryavaran Bhawan, C.G.O.Complex, Lodhi Road, New Delhi.
In exercise of the powers conferred by sub-section (1) of section 4 and sub-section (1) of section 5 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby appoints the Commissioner of Customs and Central Excise, Hyderabad-II Commissionerate, Hyderabad to act as a common adjudicating authority to exercise the powers and discharge the duties conferred or imposed on the Joint Commissioner of Customs, O/o the 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 Subishi Traders, Plot No. 69/A, E.S Mansion Temple Rock Enclave, Tadbund ‘X’ Roads, Secunderabad – 500 009 and others issued vide, F.No. VIII/26/06/2008-HRU, dated the 1st August, 2008, by the Additional Director General, Directorate of Revenue Intelligence, Zonal Unit, Chennai.
for the purpose of adjudicating the matters relating to Show Cause Notice pertaining to M/s. PTC Industries Limited, Malviya Nagar, Aishbagh, Lucknow – 226004 issued vide, DRI F.No. VIII(26)02/LZU/2008, dated the 30th September, 2008, by the Additional Director General, Directorate of Revenue Intelligence, Lucknow Zonal Unit, 2/31, Vishal Khand, Gomti Nagar, Lucknow – 226010.
