Category: Custom

Baggage Rules 2026 rationalised, other newly introduced Custom reforms

Baggage Rules 2026 to rationalise existing rules to address genuine concerns faced by passengers at airports The earlier Baggage Rules, 2016 provided for duty-free clearance of bona fide passenger baggage, including personal effects, travel souvenirs, and specified allowances such as general free allowance, jewellery allowance, and transfer of …

Initiatives by Indian Customs for reduction in transaction cost

Initiatives by Indian Customs for reduction in transaction cost CBEC in its latest advisory has listed out the followingh initiatives taken for reduction of transaction costs. Relaxation for cargo service Providers to take insurance cover for goods stored in customs area for 10 days instead of 30 days. Merchant …

Refund-Claim of Countervailing duty as Duty Drawback admissible only if inputs actually used in goods exported

Refund-Claim of Countervailing duty as Duty Drawback admissible only where inputs that suffered countervailing duties actually used in goods exported  Circular No. 49/2017-Cus F.No.609/97/2017-DBK Government of India Department of Revenue Central Board of Excise & Customs Drawback Division New Delhi, the 12th December, 2017 To Principal Chief Commissioners/ …