Custom Articles

Windfall Tax: What Is It and Why Is Everyone Talking About It?

Posted by Ishwarya Keerthi B 05 June 2026 1253 Views

Understand what a windfall tax is, why governments impose it on extraordinary corporate profits, how it works, India's approach, and the ongoing debate over economic fairness, investment, and public welfare.

Is an ESOP the Optimal Exit Strategy? A Comprehensive Guide to Employee Ownership Transitions in India

Posted by Affluence Advisory 09 March 2026 242 Views

Explore how ESOPs are emerging as a strategic exit option for Indian promoters offering liquidity, tax efficiency, employee ownership and legacy preservation under India’s regulatory framework.

CESTAT Relaxes Provisional Release Conditions under Section 110A

Posted by CA Jaydeep Babubhai Vadher 26 January 2026 154 Views

Ahmedabad CESTAT curbs excessive bank guarantee for provisional release under Section 110A, ruling CBIC circulars cannot override judicial precedents.

Contesting disproportionate fines and penalties under Customs

Posted by Vivek Jalan 24 November 2025 106 Views

Fines and penalties under Customs can be disproportionate and may need to be contested. However, to contest these, more is required to be done than merely citin...

Consolidation of Customs Notifications applicable w.e.f. November 01, 2025

Posted by Bimal Jain 01 November 2025 432 Views

The CBIC has issued Notification No. 45/2025-Customs dated October 24, 2025, consolidating 31 customs duty exemption notifications, including Notification No. 50/2017-Customs, into a single master notification effective from November 1, 2025.

Export Incentive SCNs under FTDR Act: Validity Checks, Responses and Legal Remedies

Posted by Gaurav Arya 29 April 2025 841 Views

Show Cause Notices (SCNs) are being issued for recovery of duty credit scrips under SEIS/MEIS. Learn how to assess their validity, key legal defenses, and response strategies under the FTDR Act, 1992. Stay informed on jurisdiction, limitation periods, and legal remedies.

ICEGATE | E-commerce Portal for Indian Customs

Posted by Aishna Kukreja 27 March 2024 10414 Views

ICEGATE Portal is an e-commerce portal for Indian Customs. ICEGATE stands for Indian Customs and Central Excise Electronic Commerce/Electronic Data Interchange (EC/EDI) Gateway.

Import Duty On Gold In India

Posted by Ayush 19 February 2024 7574 Views

Import duties on gold and silver findings and coins of precious metals is 15%.

Customs Duty on Imported Goods

Posted by CA Ruby Bansal 14 December 2023 1412 Views

Customs duty is a indirect tax which is imposed on goods when they cross international borders. It serves to protect a country's economy, jobs, environment, and residents by regulating the movement of goods

Impact of restricting imports on Laptops, Tablets, PCs, Servers etc.

Posted by Vivek Jalan 05 August 2023 4115 Views

Vide Notification No. 23/2023 dated 3rd August 2023 issued by the DGFT, with immediate effect, import of laptops, tablets, palmtops, all-in-one personal computers, and ultra-small form factor computers and servers falling under HSN 8741 will be 'restricted' and their import would be allowed only against a valid licence for restricted imports