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 : 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 : Disha Realcon and SM Niryat had exported iron ore fines whose Fe content was below 58% under some Shipping Bills and iron ore fine...
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-clause (i) of clause (a) of sub-section (3) of section 14 of the Customs Act, 1962 (52 of 1962) and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.36/2003-NT-Customs, dated the 27th May, 2003.
In exercise of the powers conferred by sub-clause (i) of clause (a) of sub-section (3) of section 14 of Customs Act, 1962 (52 of 1962) and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.35/2003-NT-Customs, dated the 27th May, 2003.
Feedback has been received from the field formations that these entries are being misused by the unscrupulous exporters who are manipulating the description of the goods to derive undue higher benefits which are not intended by the Government. Therefore, in the interest of the revenue, it has been decided to delete these entries from the Duty Drawback Schedule, 2003-2004 with effect from 1st July, 2003. A notification no.42/2003-Customs (N.T.) has been issued. Thenceforth, the exporters can avail of the facility of brand rate of duty drawback in terms of rule 6 of the Customs and Central Excise Duties Drawback Rules, 1995.
Suitable public notices for information of the Trade and standing orders for guidance of the staff may kindly be issued accordingly.
The principal notification No. 23/2002-Customs, dated the 1st March, 2002 was published in the Gazette of India vide number G.S.R. 120(E), dated the 1st March, 2002 and was last amended vide notification No. 87/2003-Customs, dated the 28th May, 2003.
(i) after S.No. 316A and the entries relating thereto, the following shall be inserted, (ii) against S.No. 360, for the entry in column (6) the entry – shall be substituted.
The international certification scheme for rough diamonds entitled: “Kimberley Process Certification Scheme” was adopted in a Ministerial meeting held at Interlaken, Switzerland, on 5th November, 2002. India is a signatory to the Interlaken Declaration. The Scheme has been evolved to deal with the issue of conflict diamonds which are basically rough diamonds whose trade is prohibited by the United Nations Security Council because, the proceeds of that trade are used by rebel movements and their allies to finance conflicts aimed at undermining legitimate governments.
I am directed to refer to the subject mentioned above and to say that doubts have been raised regarding classification of Badian Khatal (fruit) or star aniseeds. It has been stated that some importers are claming classification of Badian Khatal fruit under CTH 1211.90 on the plea that it is specifically mentioned in the list of crude drugs given at the end of Chapter 12 of ITC(HS) classification of import/export commodities brought out by the DGFT.
Kimberley Process Certification Scheme (KPCS) for Rough Diamonds– Implementation-Reg am directed to invite your attention to the notification No. 21/2002-07 dated 26-12-2002 issued by the Directorate General of Foreign Trade (DGFT) amending Paragraph 2.2 of the Export and Import Policy to provide that no import or export of rough diamonds shall be permitted unless the shipment parcel is accompanied by Kimberley Process (KP) Certificate required under the procedure specified by the Gem and Jewellery Export Promotion Council ( GJEPC).
The principal notification was published in the Gazette of India vide notification No. 208/77-Customs., dated the 1st October, 1977 and lastly amended vide notification No. 5/95-Customs (NT), dated the 4th January, 1995.
