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CUSTOMS ACT 1962
Directorate of Revenue Intelligence conducts search at Waaree Energies' Sangam Solar One plantThe Directorate of Revenue Intelligence searched Waaree Energies' subsidiary plant in Gujarat. This search concerned imported stainless-ste...- Hy-Tech Engineers IPO Day 4: GMP signals 83% premium, subscription hits 50.86xThe final day of bidding for the Hy-Tech Engineers IPO has arrived, showcasing strong investor enthusiasm. Retail participation has surged,...
- Trump’s 100% tariff on drones deepens US-China tech decouplingThe United States is imposing significant tariffs on imported drones and their parts. Heavier drones and those with specific capabilities w...
- Independence Day 2026: A 1968 gold ban that turned every Indian household into an underground vaultIn 1968, the Gold (Control) Act restricted gold ownership and capped jewellery purity at 14 karats to curb imports and conserve foreign exc...
- Quote of the day by Nelson Mandela: "Resentment is like drinking poison and then hoping it will..." — Life lessons on forgiveness, emotional intelligence, inner peace, healing, and why letting go often becomes the greatest act of personal freedom by the South African anti-apartheid leader and Nobel Peace Prize laureateToday's Quote of the Day by Nelson Mandela: Nelson Mandela’s famous quote "resentment is like drinking poison and then hoping it will kill ...
- 364 metric tonnes of banned Pakistan-origin dates seized at Kandla, routed via UAE to bypass banDRI seizes 364 metric tonnes of Pakistan-origin dry dates worth ₹3 crore at Kandla Port after importers allegedly declared them as UAE good...
- CBIC rolls out green channel to speed emergency imports during oil spill crisesIn a significant move to bolster environmental protection, the Central Board of Indirect Taxes and Customs has launched a dedicated 'green ...
- Ahmedabad customs recover smuggled gold worth over Rs 4 crore from flight arriving from DubaiAhmedabad customs officials intercepted a significant gold haul. The precious metal was discovered concealed within a speaker box on IndiGo...
- Mukesh Ambani-led Reliance Industries gets customs duty order from Mundra authorityReliance Industries has been issued a customs duty order of over Rs 17 lakh. Mundra Customs alleges incorrect classification of imported go...
- Delhi HC to CBIC: Consider preferential treatment for start-ups, MSMEs in customs delaysThe Delhi High Court has urged the CBIC and Commissioner of Customs to explore preferential treatment for start-ups and MSMEs, particularly...
- Gold worth Rs 12.56 cr seized from Kannada actress at Bengaluru airport: DRIKannada actress Ranya Rao was intercepted by Directorate of Revenue Intelligence officers at Kempegowda International Airport, Bengaluru, w...
- Government proposes to set time limit for provisional assessments of trade consignmentsThe finance ministry has proposed a two-year timeline, extendable by one year, for completing provisional assessments of export and import ...
- Chennai Airport Customs seize narcotic substances worth Rs. 12 crores, one arrestedChennai Airport Customs seized 1201g of Cocaine valued at Rs. 12 crores, arresting one passenger from Nigeria arriving via Addis Ababa. Con...
- Customs Act, 1962: The past, present and the futureOver the years, domestic legal jurisprudence has also evolved, with courts evaluating the provisions of the Customs Act on the touchstone o...
- Centre files review plea against Supreme Court order on DRIThe Supreme Court in a 2021 ruling in the Canon India case had held that an officer of the DRI is not a 'proper officer' to conduct investi...
- Customs commissionerates not to issue reports interpreting law: CBICIn an instruction to all Principal Chief Commissioners of Customs, the Central Board of Indirect Taxes and Customs (CBIC) said in order to ...
- Arun Jaitley introduces bill to amend customs, excise acts in Lok SabhaThe amendment seeks to include 'warehouse' in the definition of customs area to ensure that an importer is not asked to pay IGST at the tim...
- DRI officers seize gold worth Rs 1.06 crore from SpiceJet aircraft toiletThe Directorate of Revenue Intelligence officials have seized gold worth Rs 1.06 crore from a flight that arrived here from Thailand.
- Gold worth Rs 80 lakh seized from SpiceJet aircraft"The gold bars were found hidden beneath a seat of the flight no. 016, which landed here from Dubai last night, by the Air Intelligence Uni...
- By misinterpreting Light House Act of 1927, Customs department collecting huge sumsBy misinterpreting the Act of 1927, the Dept have incorrectly collected huge sums thereby putting financial & economic burden upon our own ...
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