Custom Duty
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CBIC Revises Customs Tariff Values for Palm Oil, Soybean Oil & Brass Scrap from 12th June 2026
DRI Cannot Retain Seized Cash Beyond Six Months Without Valid Extension: Allahabad HC
Customs Duty Waived on Nuclear Power Imports till 31st January 2026
Interest on Customs Duty Cannot Be Waived Merely Because EPCG Benefit Was Granted Later: CESTAT Mumbai
Article 20(2) Inapplicable as Customs Proceedings Are Not Criminal Prosecutions: SC
EPCG Export Failure due to SARFAESI Auction: CESTAT waives Interest & Penalty, upheld duty demand
Countervailing Duty on Aluminium Wire Extended up to 23 March 2027
Anti-Dumping Duty on Aluminium Foil Extended up to 15th December 2026
CESTAT Sets Aside Customs Demand as Undervaluation Allegations Lacked Admissible Evidence
CESTAT Sets Aside Customs Broker Penalty as Ergotamine Preparation Not Covered Under NDPS Schedule-B
Nil Customs Duty on Goods Under Tariff Item 26020010 under India Australia ECTA
Common Adjudicating Authority Appointed for SVB SCNs – Koinone Polytech
Bluetooth Headsets falls Under Heading 8517 as They Transmit & Receive Voice & Data
CESTAT Upholds Duty Demand as Food Testing Kits Were Misdeclared as Diagnostic Kits
Latest Custom Duty News
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Custom duty is an indirect tax which is applicable on goods which are imported into India and a few goods which are exported out of India. Globally, countries levy custom duties over import and export of goods for raising revenue and also for shielding their domestic companies from competitors from several other countries. Custom duty in India is imposed on almost universally all the goods which are imported into India. Export duties are imposed on few goods as provided under Second Schedule. These duties are not imposed on few items such as lifesaving drugs or equipment, food grains, fertilizers etc. Import duties are divided into basic duty, true countervailing duty, additional customs duty, protective duty, anti-dumping duty and education cess.
Customs duty in India is imposed according to the value of the goods or their weight, dimension and other various criteria as per the goods. Where the duties are based on goods value, then the custom duties are known as ad valorem duties, and where the duty is based on quantity or weight, the duties are known as specific duties.
Customs Act, 1962 empowers the government of India for levying customs duty, prohibiting import and export of goods, framing policies for exporting and importing and penalties, offences etc. All the matters which are related to custom duty comes under the CBEC (Central Board of Excise & Customs). The Central Board of Excise & Customs also formulates policies with respect to custom duty rate, smuggling prevention and administrative decisions that are related to customs formations.
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