Custom Duty
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SC Restores High Court Appeals on Customs Duty Exemption Violations
Delhi HC Orders Release of Startup Imports Despite Minor Misdeclaration – Fabie Baby Case
CBIC notifies New Customs Station in Dalpatpur, Moradabad
Gujarat HC quashes Final Ex Parte Customs Assessment for Lack of Hearing
Customs Adjudicating Authority cannot revisit the issue in remand proceedings
Differential duty demand set aside as re-test report not provided
Forfeiture of security and penalty of Rs. 50,000 upheld as import Of Counterfeit iPhones diluted brand equity and affected consumer welfare
Delhi HC Orders Release of Gold, Citing Pre-Printed SCN Waiver
Importers and BIS Compliance
Country of Origin certificate cannot be ignored unless proved forged
Revocation of customs broker license upheld for failure to verify importer’s credentials
Edible Oils, Brass Scrap, Areca Nut, Gold & Silver Tariff Value wef September 9, 2025
Quicklime having purity of Calcium Oxide less than 98% is classifiable under CTH 2522 1000
Implementation of order cannot be withhold based on mere prospect of filing review
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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