Custom News
Finance Ministry Introduces Premature Termination Clause in Customs & Excise Settlement Commission Rules
01 August 2025 at 08:59Centre amends rules for Customs & Excise Settlement Commission; allows termination of office bearers with compensation up to 3 months' pay.
Govt Issues 5,892 AEO Certificates to Boost Exports and Imports as of June 2025
30 July 2025 at 08:40The Government of India has issued 5,892 AEO certificates as of June 30, 2025, to fast-track exports and imports. Key initiatives include trade facilitation for MSMEs, relaxed norms, and global recognition through Mutual Recognition Arrangements (MRAs).
CBIC Appoints Commissioner for Adjudication of 700 Pending Customs Appeals Across Mumbai Zones
03 June 2025 at 09:23The Central Board of Indirect Taxes and Customs (CBIC), in a significant move aimed at streamlining customs appeals and ensuring efficient adjudication, has issued Notification No. 39/2025-Customs (N.T.) dated May 30, 2025.
CBIC Issues New Adjudication Framework for EOUs Involving Customs and Excise Duty Demands
22 May 2025 at 08:56The Central Board of Indirect Taxes and Customs (CBIC) has issued a new notification [No. 35/2025 - Customs (N.T.)] outlining a clear adjudication structure for notices involving both customs and central excise duty.
CBIC Issues Revised Formats for Customs Arrest and Incident Reports, Mandates DIGIT ID
16 May 2025 at 09:03The Central Board of Indirect Taxes and Customs (CBIC) has issued Instruction No. 10/2025-Customs dated May 13, 2025, introducing revised formats for filing Arrest Reports and Incident Reports under Customs law.
Finance Ministry Waives Customs Duty on Artworks and Antiques Meant for Public Display
10 May 2025 at 09:04The Ministry of Finance in a significant move to promote cultural heritage and facilitate public access to valuable artworks and antiquities, has issued a new customs notification exempting select imported art and historical items from customs duties.
Finance Ministry Amends Customs Duty Exemptions on Over 400 Chemical and Precious Metal Imports
01 May 2025 at 08:57Finance Ministry updates customs notifications to revise HS codes across key chemical and metal imports, effective from April 30, 2025. Read full list of affected products.
Customs Issues Instruction to Close Attari Integrated Check Post for All Movements Amid Security Alert
29 April 2025 at 08:59Govt of India has ordered the closure of the Integrated Check Post (ICP) at Attari on the India-Pakistan border in Punjab, with immediate effect, following a terrorist attack on tourists at Pahalgam on April 22, 2025.
Ministry of Finance Revises Authorized Banks for Customs Duty Collection
29 April 2025 at 08:56The 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.
CBIC Assigns Customs Authorities to Adjudicate High-Profile Show Cause Notices Involving Top Companies
26 April 2025 at 08:55CBIC 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.
Popular News
- Income from House Property Under Income Tax Act 2025
- Doctor Pays Rs 58 Crore in Tax on Rs 149 Crore Income, Sparks Debate Over Taxpayer Value
- Income from Other Sources Under Income Tax Act 2025: Key Rules, Taxable Incomes and Deductions
- CBDT Notifies SFT Rules for Depository Transactions Under Income Tax Act 2025
- CBDT Notifies SFT Reporting Rules for Mutual Fund Transactions by RTAs Under IT Act 2025
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
