Custom News

Ministry of Finance Revises Authorized Banks for Customs Duty Collection

29 April 2025 at 08:56

The Ministry of Finance (Department of Revenue) has issued Notification No. 24/2025-Customs, introducing key amendments to the long-standing Notification No. 50/2017-Customs, originally dated June 30, 2017.

Posted in Custom | 702 Views

CBIC Assigns Customs Authorities to Adjudicate High-Profile Show Cause Notices Involving Top Companies

26 April 2025 at 08:55

CBIC has issued Notification No. 29/2025-Customs (N.T.) dated 24th April 2025, delegating adjudication powers to various commissioners within the Mumbai Customs Zones I to III.

Posted in Custom | 1239 Views

CBIC Waives Transshipment Application Fees for Imported Goods Across All Customs Stations

25 April 2025 at 08:52

The Central Board of Indirect Taxes and Customs (CBIC) notifies a key amendment to the Goods Imported (Conditions of Transshipment) Regulations, 1995, eliminating fees for transshipment applications with effect from April 24, 2025.

Posted in Custom | 1827 Views

CBIC to Launch E-Processing for Imports & Exports via Air Passengers from 1st May 2025

02 April 2025 at 09:06

The CBIC has introduced electronic processing of Bill of Entry/ Shipping Bill pertaining to gems and jewellery/samples/prototypes through personal carriage by air passengers from 01.05.2025 onwards at specified airports.

Posted in Custom | 567 Views

Bombay HC Orders CVC, CBIC to Consider Whistleblower Customs Officer's Protection Plea

26 February 2025 at 08:56

The Bombay High Court has directed the CVC and the CVO of the CBIC to consider the representations of whistleblower customs officer Priyesh Bheda, who is seeking protection under the law.

Posted in Custom | 456 Views

CBIC Introduces New Facility Allowing Accredited Importers to Store and Clear Goods at Authorized Premises

21 February 2025 at 08:47

The Central Board of Indirect Taxes and Customs (CBIC) has rolled out a new facility enabling accredited merchants to move, store, and clear imported goods directly at their authorized premises instead of congested ports.

Posted in Custom | 432 Views

FM Nirmala Sitharaman Applauds Indian Customs Role in Economic Growth & Trade Facilitation

19 February 2025 at 08:36

Hon'ble Finance Minister Nirmala Sitharaman highlights Customs' role in Economic Security and Growth

Posted in Custom | 273 Views

CBIC Simplifies Compliance for Customs Cargo Service Providers with New Insurance and Licensing Relaxations

09 November 2024 at 07:14

CBIC introduces relaxations for Customs Cargo Service Providers (CCSPs) by reducing number of days for insurance of storage goods and withdrawal of licence renewal process for AEO-compliant CCSPs

Posted in Custom | 555 Views

CBIC Issues New Guidelines to Balance Tax Evasion Investigations with Ease of Doing Business in Import and Export

04 November 2024 at 08:44

The Central Board of Indirect Taxes and Customs (CBIC) has released Instruction No. 27/2024-Customs, dated November 1, 2024, to guide Customs field formations on handling tax evasion investigations while promoting ease of doing business.

Posted in Custom | 1965 Views

Clarification on ICEGATE Implementation for Non-IT/ITES SEZs w.e.f 1st July 2024

03 July 2024 at 08:58

Ministry of Commerce and Industry's Department of Commerce (SEZ Division), has issued an important clarification regarding the implementation of the Indian Customs Electronic Gateway (ICEGATE) at non-IT/ITES Special Economic Zones (SEZs).

Posted in Custom | 1392 Views