International transaction characterisation of domestic divestment of support services business rejected; transaction between resident associated enter...
Minimum Import Price restrictions for Black Pepper, Areca-nuts and Apples upheld; procedural laying failure not fatal, notifications to be placed befo...
Transaction value between related persons requires market-equivalent pricing; importer must prove declared value mirrors ordinary international trade ...
Classification of exported insecticides under export tariff affirmed; reclassification and related penalties set aside and MEIS scrip jurisdiction rec...
Notification No. 62/2022-Customs is amended by substituting Table I and Table II to revise the schedule of specified goods and the applicable Basic Customs Duty (BCD) rates (and, where provided, additional levy rate parameters) for imports into India from Australia. The substituted tables prescribe item-wise tariff classifications, descriptions, and revised duty rates, including nil and concessional rates for specified tariff items and updated rate structures for certain goods assessed with reference to quantity or CIF value. The amended duty schedule applies to eligible imports from 1 January 2026, and customs duty liability is to be computed in accordance with the substituted tables from that date.
Notification No. 62/2022-Customs is amended by substituting Table I and Table II to revise the schedule of specified goods and the applicable Basic Customs Duty (BCD) rates (and, where provided, additional levy rate parameters) for imports into India from Australia. The substituted tables prescribe item-wise tariff classifications, descriptions, and revised duty rates, including nil and concessional rates for specified tariff items and updated rate structures for certain goods assessed with reference to quantity or CIF value. The amended duty schedule applies to eligible imports from 1 January 2026, and customs duty liability is to be computed in accordance with the substituted tables from that date.
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