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 India–Oman Comprehensive Economic Partnership Agreement became operational on 1 June 2026 after completion of required proce...
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 : The Court ruled that confiscation proceedings before Customs Authorities do not amount to prosecution before a judicial tribunal. ...
Custom Duty : Where an EPCG licence holder becomes incapable of fulfilling export obligations due to unavoidable circumstances such as SARFAESI ...
Custom Duty : CESTAT Chennai held that unsigned invoices, unauthenticated e-mails, and uncorroborated statements were insufficient to reject tra...
Custom Duty : The Tribunal held that a medicine containing Ergotamine was merely a preparation and not “Ergotamine and its salts” under Sche...
Custom Duty : CESTAT examined whether Bluetooth headsets should be treated as communication devices or ordinary headphones. It held that devices...
Custom Duty : The Central Government has amended Notification No. 62/2022-Customs to prescribe a 0% Basic Customs Duty on all goods falling unde...
Custom Duty : CBIC has designated a common adjudicating authority to decide several customs show cause notices issued by different commissionera...
Custom Duty : CBIC exercised its powers under the Customs Act, 1962 to appoint a common adjudicating authority for two customs proceedings invol...
Custom Duty : Appointment of Common Adjudicating Authority in the case of M/s. Hewlett Packard Enterprise India Private Limited, (IEC: 071500719...
Custom Duty : CBIC has directed Customs field formations not to seek FTP clarifications directly from DGFT. The new mechanism aims to ensure con...
CBDT vide Circular No. 19/2014-Customs dated December 31, 2014 has introduced at 18 Sea Ports, the facility of 24×7 Customs clearance for specified imports i.e. goods covered by ‘facilitated’ Bills of Entry and specified export i.e. factory stuffed containers and goods exported under free Shipping Bills, effective from December 31, 2014.
In exercise of the powers conferred by sub-section (1) of section 8B of the Customs Tariff Act, read with rules 12, 14 and 17 of the Customs Tariff (Identification and Assessment of Safeguard Duty) Rules, 1997, the Central Government after considering the aforesaid findings of the Director General (Safeguards), hereby imposes on Sodium Citrate falling under tariff item 2918 15 20 of the First Schedule to the Customs Tariff Act, when imported into India, a safeguard duty at the following rate, namely:-
The Central Government vide Notification No. 38/2014–Customs (Tariff) dated December 29, 2014 has amended Notification No. 46/2011-Customs (Tariff) dated June 1, 2011 and has revised the rate of Basic Customs Duty on the specified goods imported from Association of South East Asian Nations (ASEAN) in terms of the Free Trade Agreement between the Government of India and Government of the members countries of ASEAN.
The Central Government vide Notification No. 37/2014–Customs (Tariff) dated December 29, 2014 has amended Notification No. 53/2011-Customs (Tariff) dated July 1, 2011 and has revised the rates of Basic Customs Duty on Malaysia origin specified goods imported from Malaysia in terms of the India-Malaysia Comprehensive Economic Cooperation Agreement.
The Central Government vide Notification No. 36/2014–Customs (Tariff) dated December 29, 2014 has amended Notification No. 69/2011-Customs (Tariff) dated July 29, 2011 which had been issued in respect of specified goods imported from Japan and has revised the rate of Basic Customs duty on the following two tariff items of the First Schedule of the Customs Tariff Act, 1975:
Seeks to amend notification No. 152/2009-Customs dated 31.12.2009 so as to provide deeper tariff concessions in respect of specified goods imported from Korea RP under the India-Korea Comprehensive Economic Partnership Agreement w.e.f. 01.01.2015. Notification No. 35/2014 – Customs New Delhi, dated the 29th December, 2014
DCW Limited(“the Assessee”)was covered by Notification No. 96/2004-Customs dated September 17,2004passed in exercise of powers under Section 25(1) of the Customs Act, 1962 granting exemption of Basic Customs Duty subject to debit of the DEPB Licence.
The Revenue alleged that the exemption availed was wrong as the impugned goods were not classifiable under Chapter heading specified in the Exemption Notification. Therefore, proceedings were initiated against the Appellant demanding differential Customs duty of Rs. 1,48,92,523/-.
(i) against S.No.51, for the entries occurring in column (4) against clauses (A), (B) and (C) of item II in column (3), the entry 7.5% shall respectively be substituted; (ii) against S.No.55, for the entry in column (4), the entry 7.5% shall be substituted; (iii) against S.No. 56, for the entry in column (4), the entry 15% shall be substituted; (iv) against S.No.57, for the entry in column (4), the entry 7.5% shall be substituted
Board has received a number of representations from the ACP clients whose ACP status has either been withdrawn or not extended on account of them having been served a show cause notice in terms of the amended para 7(iii) of the said Circular dated 24.11.2005.
