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<p>TaxMitra's Customs section tracks every tariff change, duty notification, and circular from the <strong>Central Board of Indirect Taxes and Customs (CBIC)</strong> that impacts India's import and export landscape — summarized in plain language within hours of publication.</p> <p>India's customs framework, governed by the <strong>Customs Act, 1962</strong> and the <strong>Customs Tariff Act, 1975</strong>, covers Basic Customs Duty (BCD), Social Welfare Surcharge, Agriculture Infrastructure and Development Cess (AIDC), and various anti-dumping and safeguard duties. With India being one of the world's largest trading economies, changes to customs duty rates can have immediate effects on prices of consumer goods, industrial raw materials, electronics, automobiles, precious metals, and agricultural commodities.</p> <p>This page monitors all customs-related developments, including: <strong>tariff rate changes</strong> on specific HS codes announced in the Union Budget or through mid-year notifications, <strong>anti-dumping duty</strong> impositions and reviews on products from specific countries, <strong>export duty</strong> modifications on commodities like rice, iron ore, and petroleum products, <strong>free trade agreement</strong> (FTA) implementation updates, <strong>customs procedure changes</strong> for imports, exports, warehousing, and transit, and <strong>CBIC circulars</strong> clarifying valuation, classification, and exemption disputes.</p> <p>Each customs update on TaxMitra is structured to answer: <strong>what duty or rule changed</strong>, <strong>which importers, exporters, or industries are affected</strong>, <strong>the effective date</strong> of the notification, <strong>what compliance or pricing adjustments are needed</strong>, and any <strong>penalties for non-compliance</strong> with the new provisions. Our AI reads through complex gazette notifications — often referencing specific tariff headings, notification numbers, and cross-references to earlier amendments — and presents the key impact in concise, readable summaries.</p> <p>Whether you are an importer tracking duty rates on electronics or machinery, an exporter monitoring incentive schemes like RoDTEP, a customs broker handling clearance documentation, or a trade compliance professional advising multinational clients — this page keeps you informed of every change. All content is sourced from <strong>cbic-gst.gov.in</strong>, the <strong>CBIC customs wing</strong>, and the official gazette.</p>