Advertisement
Advertisement
Skip to content
Follow Us on
Advertisement
TOP STORIES
Category

Custom Duty

Custom Duty Meaning, Calculators, Rules, exemptions  Articles Notification, Circulars, Recent Changes, Duty Drawback Rates, Custom Rates, Anti-Dumping Duty

Custom DutyDelayed Appeal Dismissed as Importer Shifted Address Without Informing Customs
Custom Duty

Delayed Appeal Dismissed as Importer Shifted Address Without Informing Customs

CA Sandeep Kanoi8 months ago
Custom DutyCESTAT Delhi Upheld Penalty for Smuggling Undeclared Memory Cards Concealed in Imports
Custom Duty

CESTAT Delhi Upheld Penalty for Smuggling Undeclared Memory Cards Concealed in Imports

CA Sandeep Kanoi8 months ago
Custom DutyCVD on vessels not leviable on conversion from foreign to coastal run as imported prior to 17.03.2012
Custom Duty

CVD on vessels not leviable on conversion from foreign to coastal run as imported prior to 17.03.2012

POONAM GANDHI8 months ago
Custom DutyQIAshredder Not a Standalone Filter, Classified as Part Under CTH 84219900: CAAR
Custom Duty

QIAshredder Not a Standalone Filter, Classified as Part Under CTH 84219900: CAAR

CA Sandeep Kanoi8 months ago
Custom DutyDark Seedless Raisins fall under CTI 08062010 as Raisins: CAAR Delhi
Custom Duty

Dark Seedless Raisins fall under CTI 08062010 as Raisins: CAAR Delhi

CA Sandeep Kanoi8 months ago
Custom DutyCustoms Bound by BIFR Sanctioned Scheme Waiver; Pre-Deposit Quashed: Madras HC
Custom Duty

Customs Bound by BIFR Sanctioned Scheme Waiver; Pre-Deposit Quashed: Madras HC

CA Sandeep Kanoi8 months ago
Custom DutyCustoms duty demand u/s. 28(1) quashed as no allegation of violation of import license by DGFT
Custom Duty

Customs duty demand u/s. 28(1) quashed as no allegation of violation of import license by DGFT

POONAM GANDHI8 months ago
Custom DutyOne-Time QCO Exemption Granted for Cross Recessed Screws Already at Ports
Custom Duty

One-Time QCO Exemption Granted for Cross Recessed Screws Already at Ports

editor78 months ago
Custom DutyExport Incentives Extended to Postal Shipments from 15th January 2026
Custom Duty

Export Incentives Extended to Postal Shipments from 15th January 2026

Editor8 months ago
Custom DutyPVC Resin Suspension Grade is classifiable under CTH 3904.21
Custom Duty

PVC Resin Suspension Grade is classifiable under CTH 3904.21

POONAM GANDHI8 months ago
Custom DutyChilly Seeds that are seeds of genus Capsicum are classified under CTH 1209
Custom Duty

Chilly Seeds that are seeds of genus Capsicum are classified under CTH 1209

POONAM GANDHI8 months ago
Custom DutyOffence u/s. 489(C) of IPC confirmed as recovery of counterfeit notes proved beyond reasonable doubt
Custom Duty

Offence u/s. 489(C) of IPC confirmed as recovery of counterfeit notes proved beyond reasonable doubt

POONAM GANDHI8 months ago
Custom DutyPostal Exporters Can Now Claim Drawback and Incentives Online: CBIC
Custom Duty

Postal Exporters Can Now Claim Drawback and Incentives Online: CBIC

Editor28 months ago
Custom DutyPostal Export (Electronic Declaration and Processing) Amendment Regulations, 2026
Custom Duty

Postal Export (Electronic Declaration and Processing) Amendment Regulations, 2026

Editor8 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.