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 : Anti-dumping duty protects local manufacturers from unfairly cheap imports that can damage domestic markets. The article explains ...
Custom Duty : The article argues that the sharp increase in gold import duty was triggered by pressure on India’s forex reserves, rising oil p...
Custom Duty : Emergency customs relaxations introduced during the maritime crisis expire on 30 April 2026, leaving exporters uncertain. The fram...
Custom Duty : Highlights how the EMI Scheme allows businesses to defer duty payments, easing working capital pressure while improving operationa...
Custom Duty : The circular permits unloading of returned export cargo and cancellation of Shipping Bills under special conditions. Export incent...
Custom Duty : CBIC has allowed Eligible Manufacturer Importers to avail deferred payment of customs duty from 1 April 2026. The circular outline...
Custom Duty : The new rules enhance duty-free allowances and introduce digital declarations. The overhaul aims to speed up clearance and improve...
Custom Duty : New baggage rules and processing regulations are notified, replacing earlier frameworks and aligning customs procedures for passen...
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 : CAAR Mumbai refused to entertain an advance ruling application on roasted areca nuts after noting that the classification issue ha...
Custom Duty : CAAR Mumbai rejected an advance ruling application after holding that the classification issue relating to roasted areca nuts had ...
Custom Duty : The Customs Authority for Advance Ruling held that the classification dispute concerning roasted betel and areca nuts had already ...
Custom Duty : CAAR Mumbai held that imported elevator parts lacking guide rails, structural supports, and enclosure systems could not be classif...
Custom Duty : The Customs Authority for Advance Rulings held that classification of roasted areca nuts under Heading 2008 had already been concl...
Custom Duty : CBIC issued Notification No. 47/2026-Customs (N.T.) continuing existing tariff values for key imported commodities including palm ...
Custom Duty : The Central Government directed provisional assessment of imports of anodized aluminium frames for solar panels from a Chinese exp...
Custom Duty : CBIC has clarified that Entry Inward and Vessel Sail-out Clearance cannot be delayed due to pending physical boarding of customs o...
Custom Duty : CBIC has updated customs tariff values for gold, silver, palm oil, soybean oil, and brass scrap through Notification No. 46/2026-C...
Custom Duty : CBIC extended the validity of multiple customs circulars issued under Section 143AA until 30 June 2026 because of ongoing maritime...
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
The importer executes a bond in such form and for such sum and with such surety or security as may be specified by the Assistant Commissioner of Customs or Deputy Commissioner of Customs binding himself to fulfil export obligation equivalent to six times the CIF value of the goods imported on FOB basis, or four times of the CIF value on Net Foreign Exchange basis as specified in the licence, or for such higher sum as may be fixed by the Licensing Authority, within a period of eight years in the following proportions
