March 09, 2026 1:37 am
It was argued before the Customs, Excise And Service Tax Appellate Tribunal that Myntra mis-declared the description and classification of the jackets, thereby misleading the authorities and evading duty.
February 02, 2026 12:06 pm
During the interim budget as well, Union Finance Minister Nirmala Sitharaman had reduced the customs duty on three advanced anti-cancer therapies.
July 22, 2025 11:03 pm
The anti-smuggling agency's investigation revealed that the beneficial owner, a well-known luxury furniture brand, was sourcing luxury furniture from reputed Italian and other European brands
February 15, 2025 10:43 pm
As per the notification issued by the Department of Revenue, bourbon whiskey would now attract 50 per cent customs duty on its import. Import duty on bourbon whiskey was 150 per cent earlier.
July 24, 2024 6:25 pm
Presenting the Union Budget 2024-25, Finance Minister Nirmala Sitharaman remarked that the Indian mobile phone industry has matured.
July 23, 2024 7:17 pm
Govt proposed to reduce the Customs Duty on mobile phones, mobile PCBA, & mobile chargers to 15%.
May 11, 2023 12:57 pm
The finance ministry has exempted imports of crude soya bean and sunflower oil from basic customs duty and agriculture infrastructure and development cess till June 30, subject to certain conditions.
April 12, 2023 11:55 am
The CBIC has extended the interest waiver on customs duty payable by importers and exporters through the Electronic Cash Ledger (ECL) till April 13.
March 31, 2023 1:50 am
In order to avail of this exemption, an individual importer needs to produce a certificate from a central or state director of health services or a district medical officer or civil surgeon, a Finance Ministry release said.
March 31, 2023 3:51 am
The concessional customs duty for key textile machinaries were to expire on March 31, 2023 after which 8.25 per cent customs duty were to be charged on these machinaries.





