Stay updated on custom duty notifications for changes in import/export regulations, tariffs, and trade facilitation measures. Get the latest updates on duty exemptions, preferential trade agreements, and compliance requirements through custom duty notifications.
Custom Duty : This explains the end-to-end regulatory framework governing medical device imports into India. It highlights why compliance with C...
Custom Duty : Explains how restricted imports are regulated in India and the approvals required. The key takeaway is that advance licensing and ...
CA, CS, CMA : Explains the core customs and foreign exchange compliance obligations for exporters operating from the North Eastern Region and wh...
CA, CS, CMA : ITIRS 2018 encourages citizens to report substantial tax evasion, guaranteeing confidentiality and structured rewards. False repor...
CA, CS, CMA : Stay informed with this week’s crucial notifications and court rulings affecting Income Tax, GST, Customs, DGFT, SEBI, MCA, IBBI...
Custom Duty : Government initiatives, including PLI schemes and export missions, support resilience and growth in textile and apparel exports de...
Custom Duty : Notification 45/2025 merges 31 previous customs notifications into a single reference, continuing most exemptions and simplifying ...
Custom Duty : India's government has reduced the customs duty on crude edible oils to 10% to lower consumer prices and support the domestic refi...
CA, CS, CMA : A summary of the CAG's audit report on Customs and DGFT reveals deficiencies in infrastructure, manpower, and compliance, leading ...
Custom Duty : Finance Minister releases 5th National Time Release Study. ART declines at ports; TRS expands to new locations with advanced metho...
Custom Duty : The authority held that an advance ruling cannot be issued when the same classification issue is already pending before customs of...
Custom Duty : The authority ruled that carbon pultruded plates are not carbon fibre under the amended exemption notification and therefore canno...
Custom Duty : AAR Mumbai held that architecturally finished stainless steel wall panels retain the character of flat-rolled products and must be...
Custom Duty : The authority examined whether a plastic nozzle connector should be taxed as a general plastic article or as machinery parts. It h...
Custom Duty : The advance ruling held that window glass used exclusively in display assemblies is not classifiable as safety glass. Its function...
Custom Duty : The notification substitutes updated tariff tables for specified imports while retaining existing values. The key takeaway is valu...
Custom Duty : Customs has replaced valuation tables while maintaining current tariff benchmarks. The move ensures consistency in import valuatio...
Custom Duty : The notification substitutes tariff value tables but keeps rates unchanged for key imports like edible oils, metals, and areca nut...
Custom Duty : Export benefits have been formally enabled for goods sent through the postal route. The circular allows electronic claims of incen...
Custom Duty : Clarifies that consignments with inward entry dates between November 2025 and January 2026 are exempt from mandatory quality contr...
Several cases of misuse of DEEC Scheme have been reported to the Board by the Custom Houses/ Collectorates. A gist of the mire important cases of abuse especially where modus operandi adopted could be repeated are indicated below
I am directed to state that a review of the existing policy with regard to appointment of public bonded warehouses and licensing of private bonded warehouses has been conducted by the Board. Consequently, it has been decided to liberalise the procedure on the
The Ministry has announced the new All Industry rates of Drawback effective from 16.6.1995 vide Public Notice No. 5/95, dated 15.6.1995. There are some important changes made in the description of export products, and Notes given thereunder
Export Promotion Capital Goods (E.P.C.G.) Scheme has undergone certain changes in the revised edition of the Exim Policy published on 30th March, 1995 and the revised edition of Handbook of Procedure, Vol. I published on 30th April, 1995. In order to give effect to the changes, Department has issued notifications No. 108/95-Customs to 111/95-Customa all dated 5th June, 1995. The
A Special Value Based Scheme for exporters of ready-made garments was introduced by Ministry of Commerce vide their Notification No. 39 (N-7) /92-97 dated 27th August, 1992. To give effect to this scheme Notification No. 104/ 93-Customs dated 16th March, 1993 was issued. In this connection attention is invited to Circular NO. 6/93 dated 30th April, 1993 issued from F.No. 605/98
In a case where export obligation under Duty Exemption Scheme was not fulfilled according to the prescribed procedure and Department had issued show Cause Notices for initiating action against persons importing duty free raw materials under the Duty
In the revised edition of the Exim Policy published on 31st March, 1995, Ministry of Commerce have introduced a new scheme called the Pass Book Scheme vide para 54 of the Policy, The procedure for this Scheme has been provided in para 114. In order to give
I am directed to say that with the enactment of the Finance Bill, 1995 on 26.5.1995 section 20 of the customs Act, 1962 stands amended so as to provide for the levy of customs duty on all re- imported goods in the same manner as goods being imported for the first time. As may be seen this is a substantial change from the hitherto existing position wherein section 20 provided for the charging
I am directed to refer to S. No. 2 (ix) of Notification No. 29/94-Customs dated the 1st March 1994 and to state that the notification seeks to prescribe concessional rate of customs duty on Ovaprim, a fish spawning and inducing agent. Though, Ovaprim is classifiable
I am directed to say that with the enactment of the Finance Bill, 1995 with effect from 26.5.1995 section 27 A relating to payment of interest on delayed refund of customs duties have become part of the Customs Act, 1962. Consequently, Notification No. 32/95 (NT) customs dated 26.5.1995 has been issued by the Board to
