Madras High Court held that classification of lightings, fixtures and fittings, etc. as ‘capital goods’ by licencing authority [DGFT] cannot be otherwise for Customs Department. Thus, customs ...

As tariffs continue to affect costs, U.S. importers can employ these strategies to minimize their duty exposure.

The financial impact includes a differential duty demand of ₹66.72 crore and a penalty of ₹29.58 crore, bringing the total ...

The Madras High Court stated that customs department bound by DGFT's classification of capital goods under EPCG scheme ...

U.S. Customs and Border Protection (“CBP” or “Customs”) adopts a strict approach to enforcement related to product classification accuracy and origin eligibility that requires importers to ...

Mihai Petre and Cosmin Dincă of EY Romania explain how getting customs essentials right – from classification and origin to valuation – can reduce fiscal exposure and improve operational certainty for ...

The government plans to streamline customs duty rates, aiming to reduce them from about a dozen to five, according to Revenue Secretary Sanjay Malhotra. ... and minimize classification disputes.

LOUISVILLE, Ky., Sept. 8.—“Wild Animals” was the classification under which a bushel of snails, imported from Italy by a Louisville fruit dealer, had to pay duty in the Custom House here.

Sri Lanka Customs yesterday categorically denied claims circulating that a new tax has been imposed on small parcel imports via e-commerce platforms, stating that the recent changes merely aim to ...