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Search Results for Tag : customs duty

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



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

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



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



#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



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



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



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



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