Search Results for Tag : Customs Duty

Judgments

All laws are deemed to apply prospectively unless either expressly specified to apply retrospectively(01.09.2020)

Present appeal takes exception to the Final Order passed by the Customs, Excise & Service Tax Appellate Tribunal, whereby the customs duty levied upon.....

Tags : Customs duty, Levy, Validity

News

#Union Budget 2021-2022: Finance Minister Proposes Revised Customs Duty Structure(01.02.2021)

Finance Minister has proposed to review over 400 old exemptions through extensive consultations for a revised customs duty structure free of distortio.....

Tags : Finance Minister, Union Budget, Revised Customs Duty Structure

Centre Imposes 10% Basic Customs Duty on Mobile Phones(03.07.2017)

Centre has imposed 10% basic customs duty on cellular mobile phones. This will also be applicable on specified parts of cellular mobile phones includi.....

Tags : Basic Customs Duty, Mobile Phones

CBIC Exempts Cotton from Customs Duty and AICD Till 30 September, 2022(15.04.2022)

Central Board of Indirect Taxes and Customs (CBIC) has exempted cotton from customs duty and the Agriculture Infrastructure Development Cess (AIDC). T.....

Tags : Central Board of Indirect Taxes and Customs, Exemption of Cotton, Customs Duty

Govt: Nil Customs Duty on Unclaimed Postal Articles Imported/ Returned to India(24.07.2017)

Central Government has notified complete exemption to unclaimed or re-directed postal articles imported/ returned to India subject to a condition that.....

Tags : Customs Duty, Unclaimed Postal Articles

Govt Exempts Import of Motion Pictures, Music, Gaming Software from Customs Duty(24.07.2017)

Central Government has notified exemption for import of motion pictures, music, gaming software for use on gaming consoles printed or recorded on medi.....

Tags : Customs Duty, Motion Pictures, Music, Gaming Software

SC: Customs Duty to be Paid by Owner Even When Confiscated Goods are Redeemed by Paying Fine(24.07.2024)

Supreme Court has held that the owner of goods has a liability to pay customs duty, even after confiscated goods are redeemed after payment of fine un.....

Tags : Supreme Court, S. 125 of Customs Act, Confiscated Goods, Customs Duty

CESTAT, Mumbai: Voluntarily Acceptance of Higher Value Exempts Importer From Confiscation Liability(05.05.2022)

Customs, Excise & Service Tax Appellate Tribunal, Mumbai has reiterated that voluntarily acceptance of a higher value and willing to pay the customs d.....

Tags : Customs, Excise & Service Tax Appellate Tribunal, customs duty, Customs Act, 1962, enhanced rate, redemption fine

Guj HC: Edible Crude Palm Kernel Oil Qualifies for Duty Exemption; End-Use Condition not Applicable(24.11.2025)

Gujarat High Court quashed a Rs. 464 crore duty demand on edible crude palm kernel oil, ruling that the imported oil qualifies for customs duty exempt.....

Tags : Edible Crude Palm Kernel Oil, Exemption, Customs Duty

Supreme Court: Crude Soybean Oil is Eligible for Customs Duty Exemption(16.05.2025)

Supreme Court has held that Crude Soybean Oil is eligible for customs duty as it is not an agricultural produce but a manufactured product which chang.....

Tags : Supreme Court, Crude Soybean Oil, Customs Duty

CBIC Notifies Decrease in Customs Duty on Gold and Silver(19.02.2021)

Central Board of Indirect Taxes and Customs (CBIC) has notified the decrease in customs duty on gold and silver. The Board has notified the reduction .....

Tags : Central Board of Indirect Taxes and Customs, Customs Duty on Gold and Silver

Notifications & Circulars

DRI unearths Customs duty evasion of Rs. 4389 crore by Oppo India(13.07.2022)

During an investigation pertaining to M/s Oppo Mobiles India Private Limited (hereinafter referred to as 'Oppo India'), a subsidiary company of "Guang.....

Tags : Customs duty, Evasion, Oppo India