The authority held that an advance ruling cannot be issued when the same classification issue is already pending before customs officers. Since a show cause notice had been issued earlier, the ...

Finance Minister Nirmala Sitharaman's Budget 2026 proposes a 50% reduction in import tariff rates for personal goods, from 20% to 10%. This change aims to rationalize customs duties, potentially ...

Budget 2026 shifts customs policy from layered exemptions to clearer tariff rates embedded in the schedule. The key takeaway is improved certainty and easier compliance for importers and ...

Union Budget 2026–27 rationalises customs duties across key sectors to support domestic manufacturing, promote exports, ease personal imports and medicines, and simplify customs processes, FM Nirmala ...

In its pre-Budget memorandum, the Indian Cellular and Electronics Association (ICEA) has sought rationalisation of Basic ...

The Indian Cellular and Electronics Association (ICEA) has requested a rationalisation of Basic Customs Duty (BCD) and ...

Faster resolution of Customs disputes. Lower legal fees and travel costs for parties. Greater transparency in adjudication ...

IN a legal battle that essentially turned on how one defines a potato, has been determined in favor of the Comptroller of Customs and Excise, regarding the tax classification of ...

Earlier, 18% Central Excise duty was levied on unmanufactured tobacco when it was cleared without a brand name and not packed for retail sale.

While Moratorium bars India from levy of duty on digital transmission of goods – given India’s longstanding position against ...

The Union Budget 2026–27 places international trade and exports at the heart of India’s growth strategy, reaffirming the Government’s commitment to building a competitive, resilient, and globally ...

Finance Minister Nirmala Sitharaman on Sunday unveiled one of the most far-reaching tax reform packages in recent years, signalling a decisive shift towards simplified laws, lower litigation, easier ...