Exchange Rate Determination: notification fixes conversion rates for specified foreign currencies for import and export purposes.
Notification No. 40/2022-Customs (N.T.) fixes the rate of exchange for specified foreign currencies for conversion into Indian rupees under section 14 of the Customs Act, with separate rates for imported and export goods set out in Schedule I and per-100-unit rates for certain currencies in Schedule II, effective from 6th May, 2022, and superseding earlier Notification No. 34/2022-Customs (N.T.).

Rules of Origin set eligibility and documentary requirements for preferential trade under the India-UAE CEPA.
The Rules of Origin require that a product be wholly obtained in a Party or satisfy Product Specific Rules via tariff classification change or specified value addition tests calculated on FOB or Ex Works basis, with the last manufacturing step in the exporting Party. Proof of origin is provided by a paper or electronic Certificate of Origin, a digital certificate exchanged by mutual system, or an origin declaration by an approved exporter; certificates follow Annexure E, are valid for twelve months, and issuing authorities must retain supporting records for at least five years.

Exemption from Social Welfare Surcharge: specified goods' HS codes amended to align with the Finance Act, effective May.
Exemption from the whole levy of Social Welfare Surcharge is preserved by substituting HS codes in Notification No. 11/2018 Customs: 6204 44 00 6204 44 10, 6204 44 90 and 6211 43 00 6211 43 10, 6211 43 90, aligning tariff entries with the Finance Act, 2022; effective 1 May 2022 under Notification No. 24/2022 Customs.

HS code alignment updates customs notifications, revising tariff classifications and exemption entries to reflect recent legislative changes.
Amendments substitute, insert and omit specified HS code entries in the TABLES and APPENDIX of multiple customs exemption notifications to align those notifications with the Finance Act, 2022; the directions identify affected serial numbers and prescribe exact textual changes to column entries, descriptions and concessional rates where applicable, coming into force on the stated commencement date.

Preferential customs duty exemptions under India-UAE CEPA apply to specified goods, subject to origin proof and tariff quota conditions.
Customs duty exemptions are granted to specified goods imported into India from the United Arab Emirates to give effect to the first tranche of the India-UAE CEPA. Listed goods in Table I receive exemption from customs duty above prescribed rates, while goods in Table II receive exemption from customs duty above prescribed rates and, where applicable, from Agriculture Infrastructure and Development Cess above specified rates. Table III goods receive tariff rate quota treatment at in-quota duty and cess rates, subject to annexure conditions and proof of United Arab Emirates origin under the notified rules of origin.

Exchange rate adjustment for South African Rand: revised import and export conversion rates take effect under customs notification.
Pursuant to section 14 of the Customs Act, 1962, Notification No.38/2022 substitutes serial No.15 in Schedule I of Notification No.34/2022-CUSTOMS (N.T.) to prescribe the rupee exchange rates for one unit of the South African Rand for imported goods and for exported goods; the amendment is effective from 30th April, 2022 and updates the Schedule I entries used for customs valuation.

Tariff valuation update: fixed USD values prescribed for specified imports including oils, metals and precious metals.
The Central Board of Indirect Taxes & Customs amends the non tariff notification by substituting Tables establishing fixed tariff values in USD for specified imports - edible oils, brass scrap, areca nut, and specified forms of gold and silver - with units of valuation indicated and explanatory notes delimiting certain silver and gold entries; the substituted tables replace the prior tables and take effect from the stated commencement date.

Name correction in anti-dumping notification updates exporter designation in the customs schedule to 'Co., Ltd.'.
Corrigendum to Notification No. 68/2021-Customs (ADD) amends the Table entry at Sl. No. 4, column (6), replacing "Granges Aluminium (Shanghai) Ltd." with "Granges Aluminium (Shanghai) Co., Ltd.", thereby correcting the listed exporter name in the anti-dumping notification.

Exchange rate amendment for Norwegian kroner updates import and export conversion rates for customs valuation and compliance.
Amendment to Notification No.34/2022 substitutes serial No.10 in Schedule-I to set the Exchange Rate for one unit of Norwegian Kroner at 8.35 rupees for imported goods and 8.05 rupees for exported goods, effective from 29th April, 2022, under statutory powers of the Customs Act.

Anti-dumping duty on DCC imports from China PR is imposed for five years under specified tariff classifications.
Anti-dumping duty is imposed on imports of N, N'-Dicyclohexyl Carbodiimide (DCC), also known as Dicyclohexylcarbodiimide or 1,3-Dicyclohexylcarbodiimide, falling under specified tariff items, when originating in or exported from China PR and imported into India. The notification applies different duty rates based on origin, export country, and producer, and the duty is levied for five years from publication unless revoked, superseded, or amended earlier.

Countervailing duty imposed on imported copper tubes and pipes from Malaysia, Thailand and Vietnam to offset subsidies.
Countervailing duty is imposed on specified tariff items of Copper Tubes and Pipes from Malaysia, Thailand and Vietnam after findings of subsidized exports causing material injury. The notification prescribes producer specific and residual duty rates by country of origin and export, excludes internally grooved tubes, and makes duties payable in Indian currency for five years. Exchange rates follow Customs Act notifications and CIF value means the assessable value determined under the Customs Act.

Inland container depot designation: Balli authorised for unloading imported goods and loading export goods in Goa.
The Central Board of Indirect Taxes and Customs amends Notification No. 12/97-Customs (N.T.) by inserting Balli in the Table for the State of Goa as an inland container depot entry expressly permitting the unloading of imported goods and the loading of export goods, thereby expanding authorised inland container depot locations under the notification.

Exchange rate determination for customs: specified conversion rates set for import and export goods, effective 22 April 2022.
The Central Board of Indirect Taxes and Customs prescribes specific rates of exchange for listed foreign currencies into Indian rupees for customs valuation of imported and exported goods, effective 22 April 2022, superseding a prior notification; rates appear in Schedule I (per unit) and Schedule II (per 100 units), and certain currency entries were substituted by subsequent notifications.

Tariff value fixation for specified imported edible oils, metals, areca nut, gold and silver updated for customs valuation.
Amendment under section 14 of the Customs Act substitutes TABLE 1, TABLE 2 and TABLE 3 in the principal notification to fix US dollar tariff values for specified imports, listing commodity-specific benchmark values for edible oils, brass scrap, areca nut, and specified forms of gold and silver to govern customs assessment; the notification takes effect the day after publication.

Customs exemption on raw cotton: duty and agriculture cess waived during specified period under statutory powers.
Exempts imports of raw cotton under Chapter 5201 from customs duty and Agriculture Infrastructure and Development Cess to the extent those levies exceed amounts calculated at the specified standard rates, both of which are set at nil, under powers of section 25 of the Customs Act and section 124 of the Finance Act, 2021, for the period specified in the notification, with the expiry date later substituted by a subsequent notification.

Tariff classification amendment consolidates listed subheadings into a single subheading, modifying the customs notification entry.
A corrigendum to Notification No. 14/2022 Customs substitutes the tariff subheadings "3824 90 21, 3824 90 90" with "3824 99 00" at serial number (106) in column (2) of the notification table, recording the correction in the Gazette and amending the tariff classification for the referenced entry within the Customs Miscellaneous Exemption Notifications.

Tariff corrigendum: textual and tariff-heading corrections issued to rectify drafting errors in a Customs exemption notification.
Corrections amend textual and tariff-heading entries in a published Customs exemption notification by replacing specified words and tariff classification numbers in designated column and line references to rectify drafting errors in the Gazette publication.

Tariff corrigendum updates classification references and clarifies liquid crystal device descriptions for listed goods.
A Corrigendum amends specific entries in the Customs tariff Table: certain tariff references in column (2) are substituted with corrected headings, and column (3) descriptions for particular sub-serials are revised to specify applicability to goods mentioned at S. Nos. 1 to 38A, clarifying the scope of liquid crystal devices and their parts in serial number 4.

Corrigendum to customs notification revises tariff references and product descriptions to clarify exemption scope.
Corrigendum to Notification No. 55/2021-Customs replaces specified textual and tariff references in the Gazette entry: "8802 (except 8802 60 00) or 8806" becomes "Any Chapter"; "All goods" is clarified to parts (other than rubber tyres and tubes) of aircraft of heading 8802 or 8806; a closing parenthesis is added to "recorder"; and tariff entry "9405 00 00" is corrected to "9405 50 00", thereby aligning the published wording with the intended exemption scope.

Exchange rate determination: CBIC prescribes import and export currency conversion rates effective on the notified date for customs valuation.
The Central Board fixes specific foreign currency conversion rates for customs purposes, with separate import and export columns, superseding the prior notification and effective from the stated date. Two annexed schedules set rates per one unit for listed currencies and per one hundred units for others; those schedule rates are to be applied for customs valuation and assessment of duties and obligations from the effective date.