Custom Duty
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CAAR Rejects Scented Supari Customs Ruling Request
Penalty u/s. 112(b)(i) of Customs Act quashed as no evidence established that gold bars were smuggled
Weekly newsletter from Chairman, CBIC dated 22/09/2025
Shore tank quantity to be considered for levy of customs duty in case of bulk liquid cargo
CESTAT Overturns ₹15 Lakh Customs Seizure due to contradictory timings & location
Latex Party Balloons Are Toys, Not Decorations, Subject to Higher Duty: CAAR Mumbai
CAAR Mumbai Allows BCD & IGST Exemptions on Imported Cable Laying Vessels
Provisional release u/s 110A of seized object won’t extend time limit for issuing SCN in Pre-2018 Cases
CESTAT Allows SAD Refund Despite Invoice Endorsement Failure
India Extends Anti-Dumping Duty on Fluoroelastomers (FKM)
Anti-Dumping Duty on Toluene Di-lsocyanate Extended
Customs duty exemption vide notification 151/09 granted on import of G Watch from Korea
Rajasthan HC Quashes Customs Notice Due to 14-Year Adjudication Delay
Notification No. 38/2025-Customs Dated:17th September, 2025
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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