The authority held that an advance ruling cannot be issued when the same classification issue is already pending before customs officers. Since a show cause notice had been issued earlier, the ...
PwC’s recommendations ahead of Budget 2026 focus on four major areas: clearing disputes, simplifying duties, speeding up ...
The move is likely to help resolve disputes over classification of customs, rectify the inverted duty structures and reduce exemptions, the report said citing sources. India is planning to reduce the ...
In its pre-Budget memorandum, the Indian Cellular and Electronics Association (ICEA) has sought rationalisation of Basic ...
Finance Minister Nirmala Sitharaman's Budget 2026 proposes a 50% reduction in import tariff rates for personal goods, from 20% to 10%. This change aims to rationalize customs duties, potentially ...
The Indian Cellular and Electronics Association (ICEA) has requested a rationalisation of Basic Customs Duty (BCD) and ...
The Tribunal examined whether arm and blade assemblies could be treated as complete windscreen wipers. It held that without a motor, the goods are only parts and cannot be reclassified as complete ...
The government may undertake a major exercise to reduce the basic customs duty or import tariff on a large number of goods, especially critical raw materials and intermediate goods, in the Budget for ...
The India Cellular and Electronics Association (ICEA) has urged the government in its Union Budget 2026-27 recommendations to ...
In this continued era of protectionist and mercantilist trade policies arising from the United States, there are strategies that can be carefully evaluated and pursued to maximize Customs duty savings ...