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...
In respect of goods specified at Item numbers 16 to 22 of Annexure-I and transferred to the fields/ farms of the contract farmers, at any point of time as may be decided by the Assistant Commissioner of Customs or Deputy Commissioner of Customs, as the case may be, the unit shall be required to account for the goods so transferred to the farms/ fields of the contact farmers.
In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts goods of the description specified in column (2) of the Table hereto annexed and falling within Chapter 71 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), when imported into India/from so much of the duty of customs leviable thereon which is specified in the said First Schedule as is in excess of the amount calculated at the rate specified in the corresponding entry in column (3) of the said Table and from the whole of the additional duty leviable thereon under section 3 of the said Customs Tariff Act, subject to the condition that the said goods are covered by a Special Import Licence issued in terms of the Export and Import Policy 1st April, 1997 – 31st March, 2002, published by the Government of India under Ministry of Commerce Notification No. 1/1997-2002, dated 31st March, 1997.
Provided that the importer, by execution of a bond in such form and for such sum as may be specified by the Assistant Commissioner of Customs or Deputy Commissioner of Customs binds himself to re-export the said containers within six months from the date of their importation and to furnish documentary evidence thereof .to the satisfaction of the said Assistant Commissioner and to pay the duty leviable thereon in the event of the importer”s failure to do so.
In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts parts of aircrafts falling within the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), when imported into India under the Standard Exchange Scheme, from so much of duty of customs leviable thereon, as is in excess of the duty of customs which would be leviable if the value of the said parts were made up of the Standard Exchange Cost, insurance and freight charges both ways., subject to the following conditions, namely.
In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) and in supersession of the notification of the Government of India in the Ministry of Finance, Department of Revenue No. 107/91-Customs, dated the 25th July, 1991.
In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts platinum falling under heading No. 71.10 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) when imported into India by the Minerals and Metals Trading Corporation of India Limited, the Handicraft and Handloom Export Corporation, the State Trading Corporation, the State Bank of India and any agency authorised by Reserve Bank of India, for supply under the “Gold/Silver and Platinum Jewellery and articles Export Promotion and Replenishment Scheme” Export and Import Policy 1st April, 1997.
In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satistied that it is necessary in the public interest so to do, hereby exempts capital equipments, and spare parts required for maintenance of such capital equipment not exceeding 10% of the C.I.F. value of the capital equipments actually imported, when imported into India by an importer undertaking an obligation to receive payments in freely convertible foreign currency for services rendered through the use of such capital equipment.
(i) that the materials imported are covered by a Value Based Duty Exemption Entitlement Certificate (hereinafter referred to as the said certificate), issued by the Licensing Authority in the form specified in the Schedule annexed to this notification; (ii) that the importer, at the time of clearance of the imported materials –
Provided that nothing contained in this notification shall apply to import of Acetic Anhydride against licence issued after 24th November, 1993, except where such licences have been issued with the approval of Advance Licensing Committee in the office of the Director General of Foreign Trade.
Without prejudice to other provisions of this notification, where the Assistant Commissioner or Deputy Commissioner of Customs is satisfied that the unit, which has been permitted by the concerned State Electricity Board in this behalf, has been permitted by Development Commissioner to sell into Domestic Tariff Area (DTA) or transfer to other hundred per cent.
