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Custom Duty

Custom Duty Meaning, Calculators, Rules, exemptions  Articles Notification, Circulars, Recent Changes, Duty Drawback Rates, Custom Rates, Anti-Dumping Duty

Latest Articles


Legal Validity of “S/d-” on Documents: The Final Word

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...

August 16, 2024 1062 Views 0 comment Print

High Credit Card Use Can Trigger Income Tax Scrutiny

Custom Duty : Excessive credit card spending may attract tax notices. Learn how to manage credit card transactions to avoid scrutiny and ensure ...

August 7, 2024 3978 Views 0 comment Print

Jurisdictional Overlap on Recovery Between Customs and FTDR

Custom Duty : Explore the jurisdictional conflicts in recovery proceedings under Customs Act Section 28AAA and FTDR Act, highlighting key issues...

July 31, 2024 363 Views 0 comment Print

Comprehensive Analysis of Indian Customs & GST Reforms in 2024 Budget

Custom Duty : Comprehensive review of Indian 2024 Budget reforms on Customs & GST, highlighting impacts on manufacturing, exports, and tax admin...

July 26, 2024 465 Views 0 comment Print

Budget 2024-25: Changes under Customs & Excise

Custom Duty : Discover the key changes in customs and excise duties proposed in the Union Budget 2024-25, including updated rates and legislativ...

July 24, 2024 1524 Views 0 comment Print


Latest News


CBIC invites Suggestions on Additional Import/Export Declarations for Synthetic Diamonds

Custom Duty : Government seeks suggestions on mandatory qualifiers in import/export declarations for synthetic diamonds to improve identificatio...

August 16, 2024 66 Views 0 comment Print

Budget 2024: Customs Duty Amendments – Key Changes and Rates

Custom Duty : Discover key amendments in Customs duties and tariff rates effective July 2024, including changes in Basic Customs Duty, Health Ce...

July 26, 2024 2901 Views 0 comment Print

Customs Duty Reforms: Boosting Manufacturing & Export Competitiveness

Custom Duty : Ministry of Finance unveils reforms in customs duties to support manufacturing, boost exports, and simplify taxation. Includes exe...

July 23, 2024 111 Views 0 comment Print

CBI Arrests Customs Officer in Rs 80,000 Bribery Case

Custom Duty : CBI arrests Customs Superintendent at Sahar Airport, Mumbai for accepting Rs 80,000 bribe to clear an imported consignment. Invest...

July 19, 2024 552 Views 0 comment Print

Note On API-Based Integration Between ICEGATE And IECs/CBs

Custom Duty : Explore the API integration between ICEGATE and IECs/CBs, its impact on document filing efficiency, challenges addressed, and futu...

July 17, 2024 144 Views 0 comment Print


Latest Judiciary


Penalty imposed on customs broker for non-compliance with provisions of CBLR, 2018: CESTAT Delhi

Custom Duty : CESTAT Delhi held that imposition of penalty and revocation of customs broker license justified as customs broker abetted the ille...

August 16, 2024 108 Views 0 comment Print

Rajasthan HC Directs Re-examination of Aerosol Valves Classification

Custom Duty : Rajasthan High Court orders adjudicating authority to reconsider the dual classification of Aerosol Valves under Customs Tariff He...

August 16, 2024 51 Views 0 comment Print

Customs Broker Not Liable for Importer’s Misdeclarations Without Deliberate Intent or Negligence

Custom Duty : Customs brokers must perform their duties with diligence, they should not be held responsible for penalties arising from misdeclar...

August 16, 2024 69 Views 0 comment Print

Rejection of refund claim for non-mentioning of period particulars in CA’s certificate is harsh: CESTAT Chennai

Custom Duty : CESTAT Chennai rejection of refund claim merely for non-mentioning of period particulars in CA’s certificate unjustifiable as re...

August 16, 2024 135 Views 0 comment Print

Customs Broker license cannot be suspended as a penalty: Delhi HC

Custom Duty : Delhi High Court rules that a Customs Broker license cannot be suspended as a penalty for not physically verifying the exporter's ...

August 14, 2024 240 Views 0 comment Print


Latest Notifications


Customs Tariff Values for Gold, Silver, Oils & Areca Nuts wef 15.08.2024

Custom Duty : The CBIC revises customs tariff values for crude and refined oils, brass scrap, gold, silver, and areca nuts effective August 15, ...

August 14, 2024 123 Views 0 comment Print

Launch of Exchange Rate Automation Module (ERAM) – Reg

Custom Duty : Chennai Customs introduces ERAM on ICEGATE for automated exchange rate publication, effective from 4th July 2024. Access rates onl...

August 5, 2024 399 Views 0 comment Print

Govt revises Tariff Values for Edible Oils, Metals, Areca Nuts wef 01.08.2024

Custom Duty : Notification 53/2024 updates tariff values for edible oils, brass scrap, gold, silver, and areca nuts. Effective from August 1, 20...

August 2, 2024 207 Views 0 comment Print

CBIC amends BCD Rate for Laboratory Chemicals | Notification No. 41/2024

Custom Duty : The Ministry of Finance has updated Customs Notification No. 50/2017 with a 10% BCD on laboratory chemicals. New rules apply from ...

July 31, 2024 381 Views 0 comment Print

Draft Regulations for Amendment of Customs Import Documents Timeline

Custom Duty : Learn about the new regulations for amending import documents under Section 149 of the Customs Act, 1962. Understand the timeline,...

July 29, 2024 393 Views 0 comment Print


Filing of refund claim u/s 27 after one year of date of excess duty payment is barred by limitation

September 3, 2023 2220 Views 0 comment Print

Bombay High Court held that filing of refund application u/s. 27 of the Customs Act after more than two years of date on which excess duty payment was done is clearly beyond the period of one year as contemplated by the Customs Act and hence is barred by limitation.

CESTAT upholds redemption fine & penalty on Restricted Second-Hand Goods ETL Liners Import

September 3, 2023 351 Views 0 comment Print

CESTAT Bangalore upholds customs redemption fine & penalty for importing second-hand ETL Liners, which are restricted under Foreign Trade Policy.

Merely based on bill of landing origination of goods cannot be inferred

September 2, 2023 420 Views 0 comment Print

CESTAT Ahmedabad held that merely on the basis of the bill of lading it cannot be inferred that the goods were originated from China as certificate of origin of Malaysia not proved wrong or fake.

Section 128(1) of Customs Act, allows appeals against communication denying DFIA exemption

September 2, 2023 978 Views 0 comment Print

Learn about the K S Enterprises vs. Commissioner of Customs appeal regarding denial of DFIA exemption. CESTAT Ahmedabad’s decision and analysis.

Penalty u/s 114AA leviable on person who causes to have made, signed or used any false declaration or fraudulent document

September 2, 2023 714 Views 0 comment Print

CESTAT Chennai held that penalty under section 114AA of the Customs Act is leviable on person who causes to be made, signed or used any false declaration or fraudulent document

Union Home Minister’s Special Operation Medal

September 1, 2023 549 Views 0 comment Print

In terms of the rules governing the award, the nomination/proposals for the said medal are to be subjected to two-tier screening. The first level of screening shall be done by the committee constituted in this regard by the Head of the Organization/ Department sponsoring the proposals (i.e. CBIC) which shall then send its recommendations to the designated Committee in MHA.

Sending order without ‘registered post with acknowledgement due’ is invalid service of order

August 31, 2023 1887 Views 0 comment Print

CESTAT Chennai held that tendering of an order to an unauthorized person or sending it without ‘registered post with acknowledgement due’ is not considered as a valid service of order. Accordingly, matter disposed of by way of remand.

Customs authorities cannot counter once licencing authorities are satisfied that licencing conditions are fulfilled

August 31, 2023 363 Views 0 comment Print

CESTAT Chennai held that once the licencing authority has found that the licencing conditions have been fulfilled, it would not be open to the customs authorities too contend that the imports under the licence are contrary to law.

Tariff Value Update: Edible Oils, Metals and Areca Nut wef 01.09.2023

August 31, 2023 1227 Views 0 comment Print

An overview of latest tariff values for Edible Oils, Brass Scrap, Gold, Silver, and Areca Nut as amended by Notification No. 63/2023- Customs(N.T.)  Dated: 31st August, 2023

CBIC exempt LPG, Liquified Propane and Liquified Butane from levy of AIDC

August 31, 2023 696 Views 0 comment Print

The Ministry of Finance, Department of Revenue has released a new notification numbered 51/2023-Customs on 31st August 2023. This notification announces critical amendments to a previous notification, No. 11/2021-Customs, which dates back to 1st February 2021. The primary focus of the amendment is to exempt LPG, Liquified Propane, and Liquified Butane from the levy of […]

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