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Customs Appeal period begins from date of receipt of corrigendum CESTAT
Against an order passed by the Commissioner of Customs (Appeals), the appellant has filed an appeal along with an application for Condonation of Delay (COD) as well as ….
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Instruction on show cause notices issued by DRI prior to 2011 amendment
The Hon’ble High Court of Delhi vide the order dated 03.05.2016,in the case of Mangali Impex Ltd. in WP No. 441/2013 and others held that sub-section( 11)…
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Important Changes in Excise, Customs, Service Tax and Bill of Entry effective from April 1, 2016
Affirming that the economy is right on track, The Honorable Finance & Corporate Affairs Minister Shri. Arun Jaitley presented the Union Budget for 2016-17 on February 29, 2016. Although…
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Customs Samsung K Zoom Mobile phone is a phone not a camera Advance Ruling
Galaxy K Zoom phone proposed to be imported by the applicant is powered by Android Kit-Kat operating system and a quad 1.3GHz processor along with the dual-core 1.7GHz processor…
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Customs Refund of SAD on imported timber despite cutting CESTAT
The appellant is an importer of Timber logs. Refund claims were filed under Notification No 102/2007 Cus for refund of Additional duty of Customs (SAD)…
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Government of India increases Custom Duty to promote domestic manufacturing of medical devices
This document contains a brief summary of the latest updates related to Customs Duty…
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News Flash – Customs Duty
This document contains a brief summary of the latest updates related to Customs Duty…
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Baggage Rules
Baggage includes all articles on which duty can be applied, imported by a passenger or a member of a crew in his baggage including unaccompanied baggage but not including motor vehicle…
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Import Clearance Procedure
All goods imported into India have to pass through customs for proper examination, appraisal, assessment and evaluation. This helps the custom authorities charge the proper tax and also checks the…
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Valuation under Customs
It was observed that the government was losing revenue due to the specific duty which remains fixed irrespective of price changes. Section 14 of the Customs Act, 1962 lays down the basis for valuation…
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Special Economic Zone
The Special Economic Zones Act 2005 was implemented to provide for the establishment, development and management of the Special Economic Zones for the promotion of exports.
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Export Clearance Procedure
There are a lot of incentives provided by the Indian Government to exporters. It is significant to note that exports out of the country are to be zero rated. Apart from this, even the inputs required…
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Duty Drawback and its Applicability
An important principle in the levy of customs duty is that the goods should be consumed within the country of importation. If the goods are not consumed, but instead are exported out of the country,…
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Date of determining the duty rate for imported goods
The date of determining the duty rate and tariff valuation of imported goods is enumerated in section 15 of the Customs act, 1962. When the goods enter the territorial waters of India, they are under…
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Customs Refund
On import or export of goods, at times, it is found that duty has been paid in excess of what was actually leviable on the goods. Such excess payment may be due to lack of information on the part of…
