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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

Custom DutyNo Duty Liability Without Evidence of Excess Clearance Under IGCR Rules: CESTAT Delhi
Custom Duty

No Duty Liability Without Evidence of Excess Clearance Under IGCR Rules: CESTAT Delhi

CA Sandeep Kanoi5 months ago
Custom DutyCustodian Not Liable Under Customs Law for Absence of Seal Tampering Evidence
Custom Duty

Custodian Not Liable Under Customs Law for Absence of Seal Tampering Evidence

CA Sandeep Kanoi5 months ago
Custom DutyRevenue Appeal Against Customs Broker Dismissed: No Penalty, No Mens Rea, Below ₹1 Cr Threshold
Custom Duty

Revenue Appeal Against Customs Broker Dismissed: No Penalty, No Mens Rea, Below ₹1 Cr Threshold

CA Sandeep Kanoi5 months ago
Custom DutyAnti-Dumping Duty Amended: Large Lithograde Aluminium Coils Excluded
Custom Duty

Anti-Dumping Duty Amended: Large Lithograde Aluminium Coils Excluded

editor85 months ago
Custom DutyInjection Moulding Classification Upheld Due to Integrated Polymer Processing Function
Custom Duty

Injection Moulding Classification Upheld Due to Integrated Polymer Processing Function

editor85 months ago
Custom DutyAutomotive Brake System Classifiable as Accessory Due to Non-Essential Nature: CAAR Mumbai
Custom Duty

Automotive Brake System Classifiable as Accessory Due to Non-Essential Nature: CAAR Mumbai

CA Sandeep Kanoi5 months ago
Custom DutyEV Communication Device Classifiable as Data Transmission Equipment Due to Core Functionality
Custom Duty

EV Communication Device Classifiable as Data Transmission Equipment Due to Core Functionality

CA Sandeep Kanoi5 months ago
Custom DutyNo Proof of Importer’s Role in MRP Alteration: CESTAT Sets Aside CVD Demand
Custom Duty

No Proof of Importer’s Role in MRP Alteration: CESTAT Sets Aside CVD Demand

CA Sandeep Kanoi5 months ago
Custom DutyNo Policy Violation as Import Through State Trading Enterprises Permitted on High Seas Basis: CESTAT Ahmedabad
Custom Duty

No Policy Violation as Import Through State Trading Enterprises Permitted on High Seas Basis: CESTAT Ahmedabad

CA Sandeep Kanoi5 months ago
Custom DutyCBIC appoints Common Adjudicating Authority in case of Control Components India (P) Ltd
Custom Duty

CBIC appoints Common Adjudicating Authority in case of Control Components India (P) Ltd

editor35 months ago
Custom DutyCESTAT Upholds Duty Demand for Admitted Misdeclaration of Imported Baby Garments
Custom Duty

CESTAT Upholds Duty Demand for Admitted Misdeclaration of Imported Baby Garments

CA Sandeep Kanoi5 months ago
Custom DutyCustoms Eases Re-Entry of Export Cargo Due to Strait Disruption, Sets Simplified Procedures
Custom Duty

Customs Eases Re-Entry of Export Cargo Due to Strait Disruption, Sets Simplified Procedures

Editor5 months ago
Custom DutyRevised Custom Tariff Values for Gold, Silver & Edible Oils wef 16 April 2026
Custom Duty

Revised Custom Tariff Values for Gold, Silver & Edible Oils wef 16 April 2026

editor75 months ago
Custom DutyCVD Exemption Denied as Processed Ore Treated as Concentrate Due to Beneficiation: CESTAT Hyderabad
Custom Duty

CVD Exemption Denied as Processed Ore Treated as Concentrate Due to Beneficiation: CESTAT Hyderabad

CA Sandeep Kanoi5 months ago

Latest Custom Duty News

Read all the headlines and latest custom duty news, updates and announcements regarding Customs Act, changes in custom duty rates and custom duty challans only at Taxguru.com

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.

Get all the latest custom duty news and updates here at Taxguru. We offer a cohesive and detailed analysis of the relevant updates and announcements related to custom duties. We keep our site updated with all the latest updates, announcements and news on custom duty. Get to know about all the changes and updates to the custom duty challan and other such specific details.