#customsact1962

Electrical Control Gears QCO and BIS Applicability in India

 “Indirect Tax I Indirect Tax Litigation I Customs & FTP I Central Licensing I Arbitration I Advisory” Dated: 26.02.2025 Electrical Control Gears QCO and BIS Applicability in India BIS Scheme-X Under Conformity Assessment Regulations, 2018 The Bureau of Indian Standards (BIS) introduced Scheme-X under Schedule-II of the Conformity Assessment Regulations, 2018, outlining guidelines for product…

India's customs duty updates 2025: Key exemptions, tariff changes, and business impact

“Indirect Tax I Indirect Tax Litigation I Customs & FTP I Central Licensing I Arbitration I Advisory” Dated: 02.02.2025 India’s customs duty updates 2025: Key exemptions, tariff changes, and business impact The Government of India has issued a series of customs notifications for 2025, bringing important changes to import duty structures, exemptions, classifications, and newly added products.…

Finance Bill 2025: Key Customs duty changes, Import tariff updates, and policy reforms

“Indirect Tax I Indirect Tax Litigation I Customs & FTP I Central Licensing I Arbitration I Advisory” Dated: 02.02.2025 Finance Bill 2025: Key Customs duty changes, Import tariff updates, and policy reforms The Finance Bill 2025 introduces key customs duty reductions on raw materials, EV battery equipment, and railway imports, while increasing duties on luxury vehicles, electronic goods, and…

Summary of Budgetary Changes in Customs Tariff and Notifications – Union Budget 2025

“Indirect Tax I Indirect Tax Litigation I Customs & FTP I Central Licensing I Arbitration I Advisory” Dated: 02.02.2025 Summary of Budgetary Changes in Customs Tariff and Notifications – Union Budget 2025 The Union Budget 2025 introduces key customs duty revisions, including duty exemptions for lithium-ion battery manufacturing, telecom equipment, and railway locomotives, along with reductions…

Key Budgetary Changes in Customs Tariff-Notfn No 13/2025-Customs dtd 01st February 2025

“Indirect Tax I Indirect Tax Litigation I Customs & FTP I Central Licensing I Arbitration I Advisory” Dated: 01.02.2025 Key Budgetary Changes in Customs Tariff-Notfn No 13/2025-Customs dtd 01st February 2025 The Government of India issued Notification No. 13/2025-Customs on 1st February 2025, amending Notification No. 153/94-Customs. This notification modifies the classification of certain…

Key Budgetary Changes in Customs Tariff-Notfn No 12/2025-Customs dtd 01st February 2025

“Indirect Tax I Indirect Tax Litigation I Customs & FTP I Central Licensing I Arbitration I Advisory” Dated: 01.02.2025 Key Budgetary Changes in Customs Tariff-Notfn No 12/2025-Customs dtd 01st February 2025 The Government of India issued Notification No. 12/2025-Customs on 1st February 2025, amending Notification No. 19/2019-Customs. This notification introduces changes related to the…

Key Budgetary Changes in Customs Tariff-Notfn No 11/2025-Customs dtd 01st February 2025

“Indirect Tax I Indirect Tax Litigation I Customs & FTP I Central Licensing I Arbitration I Advisory” Dated: 01.02.2025 Key Budgetary Changes in Customs Tariff-Notfn No 11/2025-Customs dtd 01st February 2025 The Government of India issued Notification No. 11/2025-Customs on 1st February 2025, amending Notification No. 25/2002-Customs. This notification introduces customs duty exemptions on key…

Key Budgetary Changes in Customs Tariff-Notfn No 09/2025-Customs dtd 01st February 2025

“Indirect Tax I Indirect Tax Litigation I Customs & FTP I Central Licensing I Arbitration I Advisory” Dated: 01.02.2025 Key Budgetary Changes in Customs Tariff-Notfn No 09/2025-Customs dtd 01st February 2025 The Government of India issued Notification No. 09/2025-Customs on 1st February 2025 to amend Notification No. 16/2017-Customs. This notification adds new pharmaceutical drugs to the…