The New Delhi Bench of Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has stated that same rate tax and ...

The issue pertaining to levy of interest and penalty on Integrated Goods and Services Tax (“IGST”) payable on imported goods ...

CESTAT Delhi held that interest as per section 50 of the Central Goods and Services Tax Act, 2017 [CGST Act] is applicable on delayed payment of IGST in the course of imports. Accordingly, interest ...

Conclusion: Refund of Special Additional Duty (SAD) was allowable despite the claims being filed beyond the one-year limitation period prescribed under the amended notification as procedural delay ...

Philippine businesses are also bracing for other issues, like the increasing audit efforts of the Bureau of Customs. In 2024, the BoC’s Post Clearance Audit Group (PCAG) generated P2.710 billion ...

Foreign trade zones allow companies to store imports without paying tariffs, and they are becoming more popular as President ...

U.S. Customs duty collections soared more than 60% in April, marking the highest monthly revenue haul in terms of dollars ...

Child Tax Credits and Working Tax Credits. HMRC also handles Customs Duty charges on imported goods, as well as similar import fees on alcohol and tobacco and a duty on the sale of fuel.

US President Donald Trump has escalated his trade war with China. Standing in his way are tens of thousands of Chinese ...

The elimination of the "de minimis" exemption, allowing duty-free imports under $800 ... Initially, the company sold other people's goods, but as it grew, Shein developed its own products and ...

New US tariffs and the end of tariff-free access for low-value parcels from China are projected to cause a significant ...

The UK plans to review the duty-free status of low-value imports after President Donald Trump’s tariffs raised fears that a flood of Chinese products could be rerouted from the US into Britain and ...