Transaction value cannot be rejected solely on non-statutory valuation guidelines without corroborative evidence supporting reassessment of final cust...
Cross-examination rights and corroborated evidence limit customs penalties for misdeclaration in genuine import transactions involving documented clea...
Tariff classification of vehicle gear components follows the specific gearing entry, displacing motor-vehicle parts classification and related liabili...
Necessary-party requirements limit impleadment of independent entities, while deferred consideration does not create an appealable adverse determinati...
Food supplement classification requires common parlance and authoritative tests, preventing treatment as proprietary Ayurvedic medicines without suppo...
The GoI's Directorate General of Foreign Trade issued Notification No. 05/2025-26 imposing Minimum Import Price (MIP) on specific synthetic knitted fabric HS codes. The notification restricts imports of codes 60019200, 60053600, 60053790, and 60053900, with imports permitted "Free" only when CIF value exceeds 3.5 USD per kilogram. Exemptions apply for Advance Authorisation holders, Export Oriented Units, and Special Economic Zone units, provided imported inputs are not sold in the Domestic Tariff Area. The MIP condition remains effective until 31.03.2026, implementing trade regulation measures to protect domestic textile manufacturing interests.
The GoI's Directorate General of Foreign Trade issued Notification No. 05/2025-26 imposing Minimum Import Price (MIP) on specific synthetic knitted fabric HS codes. The notification restricts imports of codes 60019200, 60053600, 60053790, and 60053900, with imports permitted "Free" only when CIF value exceeds 3.5 USD per kilogram. Exemptions apply for Advance Authorisation holders, Export Oriented Units, and Special Economic Zone units, provided imported inputs are not sold in the Domestic Tariff Area. The MIP condition remains effective until 31.03.2026, implementing trade regulation measures to protect domestic textile manufacturing interests.
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