Importers are to pay more as the Central Bank of Nigeria (CBN) has raised the exchange rate for computing Customs duties at ...

4. All Dy./Asstt. Commissioners of Customs, JNCH, Nhava Sheva. 5. Sections/ Groups/Docks/RMSFC, Nhava Sheva through JNCH website. 6. AC/DC, EDI for uploading on JNCH website. 7. All the concerned ...

Federal Board of Revenue has devised a centralized system of online payment of Customs Duty Drawback directly in the bank account of the Exporters. For this purpose, FBR has required from the ...

Custom Duty: Delhi HC rules customs cannot override DGFT decisions on MEIS benefits in Designco v. UOI case, declaring customs actions as illeg ...

Tax authorities in September 2024, issued a notice to the German automaker for evading taxes, to the tune of $1.4 billion, by ...

Union Finance Minister Nirmala Sitharaman announces customs duty rationalization in Budget to boost domestic manufacturing, exports, and trade.

In the Budget for 2025-26, the government has rationalised basic customs duty rates, slashing the number of levies to just eight, but has kept the effective duty rates on most items the same by ...

The Customs department alleges Volkswagen India's misclassification of car imports led to reduced duty payments, prompting a $1.4 billion tax demand. Volkswagen disputes the claim, declaring its ...

The commissioner drawback will set the rate after authentication. The documentation needs are high here, as the manufacturer has to state the volume of inputs and services utilised, together with ...

Union Finance Minister Nirmala Sitharaman has announced the exemption of custom duty on 36 life-saving drugs. This measure is aimed at reducing treatment costs for cancer and rare diseases.

A rushed, confusing policy change that proved unworkable on short notice. Packages were stacking up at ports of entry, ...