Custom Duty Meaning, Calculators, Rules, exemptions Articles Notification, Circulars, Recent Changes, Duty Drawback Rates, Custom Rates, Anti-Dumping Duty
Custom Duty : Learn about the AEO certification, its benefits for businesses, eligibility criteria, and the process to become a trusted economic...
Custom Duty : CBIC introduces Ekal Anubandh for single electronic bonds, reducing costs and delays for importers/exporters. Learn about its feat...
Custom Duty : Learn about the Special Valuation Branch (SVB) under Indian Customs and how it determines the value of transactions between relate...
Custom Duty : Learn about recent updates to customs refund procedures, including electronic filing on ICEGATE, improved transparency, and change...
Custom Duty : The Supreme Court rules DRI officers as proper officers for customs under Section 28, overturning past judgments and reshaping tax...
Custom Duty : The government exempts import duties on specific life-saving drugs for rare diseases under set conditions. Learn about eligibility...
Custom Duty : This FAQ guide provides clarity on key aspects of customs duties and tariff structure updates in Budget 2025-26. Basic Customs Dut...
Custom Duty : Apply for the Indirect Tax Internship Scheme FY 2025-26 at CBIC, available for law students and graduates. Stipends and certificat...
Custom Duty : Summary of SEBI and Customs Notifications for February 2025 including amendments to duties, exemptions, and changes to specific ta...
Custom Duty : Union Budget 2025-26 proposes changes in customs duties, including exemptions for life-saving medicines, e-mobility, and support f...
Custom Duty : Delhi High Court held that the Baggage Rules would have limited application to foreign nationals and as jewellery is part of perso...
Custom Duty : CESTAT Delhi held that duty has to be paid when goods imported into an SEZ are not used for the authorised operations but are sold...
Custom Duty : CESTAT Delhi rules customs duty exemption cannot be denied if export obligations are met and EODCs issued, overturning a ₹21 cro...
Custom Duty : Delhi HC orders release of Rolex watch, criticizes Customs for relying on standard waiver forms, citing lack of due process in det...
Custom Duty : CESTAT Chennai abates Neoteric Infomatique’s customs appeal after NCLT’s approval of the resolution plan, citing Supreme Court...
Custom Duty : Notification No. 12/2025-Customs revises tariff values for crude palm oil, gold, silver, and more under the Customs Act, effective...
Custom Duty : CBIC clarifies that AIR duty drawback should not be denied based on non-duty paid inputs. Field formations must follow Circular No...
Custom Duty : The Ministry of Finance issues a corrigendum to Notification 26/2024-CUSTOMS (ADD), clarifying details on Textured Toughened Glass...
Custom Duty : India imposes a 20% countervailing duty on saccharin imports from China for five years to prevent subsidization and protect domest...
Custom Duty : The Ministry of Finance issues Notification 15/2025-Customs, amending Notification 50/2017. Changes impact S.No. 551 and 555, effe...
In exercise of the powers conferred by sub-section (1) of section 4 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise & Customs hereby appoints the Commissioner of Customs (Import), New Custom House, Ballard Estate, Mumbai – 400 001 to act as Commissioner of Customs (Export Promotion), New Custom House, Ballard Estate, Mumbai- 400 001 for the purpose of adjudicating the matters relating to Show Cause Notices pertaining to M/s. Shree Dhoot Trading & Agencies Limited, 81/88, 8th Floor, Atlanta, Nariman Point, Mumbai- 400 021 and M/s. Videocon International Limited, Auto Care Compound, Adalat Road, Aurangabad, Maharashtra – 431 005, issued vide F.No.CCO-4450/88(Part-II), dated 17th February, 2003, by the Commissioner of Custom (Export Promotion), New Customs House, Ballard Estate, Mumbai- 400 001.
In exercise of the powers conferred by sub-section (1) of section 4 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby amends the notification of the Government of India in the Ministry of Finance (Department of Revenue), No.8/2001-CUSTOMS (N.T), dated the 26th February, 2001, published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-section (i), dated the 26th February, 2001, namely.
The principal notification No.12/97-CUSTOMS(N.T.), dated the 2nd April,1997 was published in the Gazette of India, Extraordinary Part-II, section 3, sub-section(i), vide G.S.R.193(E) dated the 2nd April,1997 and last amended by notification No.57/2003-CUSTOMS(N.T.) dated 25th July,2003, published in the Gazette of India, Extraordinary Part-II, section 3, sub-section(i), vide G.S.R.584(E) dated the 25th July, 2003.
The principal notification No.55/03-Customs, dated the 1st April, 2003 was published in the Gazette of India, (Extraordinary), vide GSR No.279 (E), dated the 1st April, 2003 and lastly amended by notification No.134/03-Customs dated the 27th August, 2003 vide GSR No.693 (E) dated the 27th August, 2003.
Kind attention is invited to DOR Circular No.58/2003-Cus. dated 16.7.2003 on the above subject. In Para 3 of the said Circular it was conveyed that export incentives in respect of 63 Indian exporters listed in AEPC Public Notice dated 6.2.2003 in respect of garment exports to Russia against Non-Quota Entitlement should not be released until completion of final investigation by Ministry of Textiles and AEPC.
The principal notification was published in the Gazette of India, Extraordinary, vide notification No. 21/2002-Customs, dated the 1st March, 2002 [G.S.R. 118(E), dated the 1st March, 2002] and was last amended by notification No.135/2003-Customs, dated the 28th August, 2003.
In view of position explained above, I am directed to clarify that certification charges paid by the exporter to the certifying agencies shall not be considered to be additional value for the purpose of this notification and diamond re-imported after certification by the specified agencies abroad shall be eligible for duty free import provided other conditions of the said notification are fulfilled.
In this regard, representations have been received by the Board from trade and industry, that private ICD operators are charging insurance charges even after the goods are insured by exporters and importers.
Kind attention is invited to DOR Circular Nos.48/2003-Cus. dated 6.6.2003 and 74/2003-Cus. dated 21.8.2003 in terms of which revised norms for execution of Bond/BG under Advance License and EPCG Schemes have been notified. In terms of Para 2.1 of the DOR Circular No. 74/2003-Cus. dated21.8.2003 it was inter-alia clarified that Bond shall be backed by a bank guarantee or cash security or surety and that in respect of importers specified in Paras 2(a) to (d) of the said Circular (excepting in the case of public sector undertakings) who are eligible for BG exemption, the Bond shall be backed by a surety.
The principal notification No.146/94-Customs dated the 13th July, 1994 was published in the Gazette of India, Extraordinary, vide G.S.R. 575(E), dated the 13th July, 1994 and was last amended by notification No.88/2002-Customs, dated the 28th August, 2002.
