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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 DutySmuggled Gold Confiscation Upheld for Fabricated Explanation by Appellants
Custom Duty

Smuggled Gold Confiscation Upheld for Fabricated Explanation by Appellants

CA Sandeep Kanoi6 months ago
Custom DutyPVC Extrusion Line Classifiable as Extruder Due to Continuous Manufacturing Process: CAAR Mumbai
Custom Duty

PVC Extrusion Line Classifiable as Extruder Due to Continuous Manufacturing Process: CAAR Mumbai

CA Sandeep Kanoi6 months ago
Custom DutySmart Ring Classifiable as Measuring Device Due to Sensor-Based Functionality: CAAR Mumbai
Custom Duty

Smart Ring Classifiable as Measuring Device Due to Sensor-Based Functionality: CAAR Mumbai

CA Sandeep Kanoi6 months ago
Custom DutyKitchen Exhaust Hoods Classified Under Residual Entry Due to Absence of Fan: CAAR Mumbai
Custom Duty

Kitchen Exhaust Hoods Classified Under Residual Entry Due to Absence of Fan: CAAR Mumbai

CA Sandeep Kanoi6 months ago
Custom DutyDashcams Not Eligible for Nil Duty as They Function as Video Recorders: CAAR Mumbai
Custom Duty

Dashcams Not Eligible for Nil Duty as They Function as Video Recorders: CAAR Mumbai

editor86 months ago
Custom DutyAAR Plea on Classification of Palm Oil Effluent, UCO & FWO Withdrawn by Applicant
Custom Duty

AAR Plea on Classification of Palm Oil Effluent, UCO & FWO Withdrawn by Applicant

CA Sandeep Kanoi6 months ago
Custom DutySide Key FPCB Classifiable as Smartphone Part Due to Exclusive Use: CAAR Delhi
Custom Duty

Side Key FPCB Classifiable as Smartphone Part Due to Exclusive Use: CAAR Delhi

CA Sandeep Kanoi6 months ago
Custom DutyDisplay Assemblies Classifiable Under CTH 8524 Due to Retention of Display Functionality: CAAR Delhi
Custom Duty

Display Assemblies Classifiable Under CTH 8524 Due to Retention of Display Functionality: CAAR Delhi

CA Sandeep Kanoi6 months ago
Custom DutyCAAR Allows Withdrawal Because No Advance Ruling Was Pronounced
Custom Duty

CAAR Allows Withdrawal Because No Advance Ruling Was Pronounced

CA Sandeep Kanoi6 months ago
Custom DutyCAAR Delhi Rejected Advance Ruling as Classification Issue Already Decided by HC
Custom Duty

CAAR Delhi Rejected Advance Ruling as Classification Issue Already Decided by HC

CA Sandeep Kanoi6 months ago
Custom DutyCAAR Delhi Allows Application Withdrawal as No Advance Ruling Was Pronounced
Custom Duty

CAAR Delhi Allows Application Withdrawal as No Advance Ruling Was Pronounced

CA Sandeep Kanoi6 months ago
Custom DutyATF Imports Exempted from Additional Customs Duty
Custom Duty

ATF Imports Exempted from Additional Customs Duty

editor76 months ago
Custom DutyEase of Customs Duty Payment – Introduction of Payment Aggregator
Custom Duty

Ease of Customs Duty Payment – Introduction of Payment Aggregator

Editor6 months ago
Custom DutyCustoms (Electronic Cash Ledger) (Amendment) Regulations, 2026
Custom Duty

Customs (Electronic Cash Ledger) (Amendment) Regulations, 2026

editor86 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.