CUSTOMS TARIFF 2025-Updated Finance Act 2025 by RK JAIN

R.K. Jain’s Customs Tariff of India is a comprehensive two-volume compendium presenting the most up-to-date and authoritative reference on India’s customs tariff laws. It offers a meticulous compilation of the Customs Tariff Act 1975, detailed Import and Export Tariffs, notifications, exemptions, and associated laws such as IGST, Safeguard Duty, and Anti-dumping & Countervailing Duties. With a rich publishing history since 1979, this book continues the tradition of providing clarity and guidance in customs duty and international trade regulations.

This book is intended for the following audience:

• Customs Professionals and Practitioners – Ideal for customs consultants, agents, freight forwarders, and professionals who navigate tariff classifications and exemptions on a daily basis
• Legal and Finance Experts – Lawyers, chartered accountants, tax consultants, and company secretaries seeking the latest legal references for cross-border trade compliances
• Trade and Industry Stakeholders – Exporters, importers, multinational corporations, and entrepreneurs in need of reliable insights on tariffs, duties, and exemptions relevant to their business
• Government and Regulatory Bodies – Officers, policymakers, and department personnel requiring a single-window reference for updated legislative and procedural norms
• Academic and Research Institutions – Colleges, libraries, and universities engaged in teaching or researching taxation, customs laws, and international trade

The Present Publication is the 82^nd Edition | 2025-26, amended by the Finance Act 2025. This book is edited by Centax’s Editorial Board with the following noteworthy features:

• [Comprehensive Coverage] Spans across two volumes, covering all critical aspects of India’s customs framework—from the Customs Tariff Act itself to detailed schedules and notifications on both imports and exports
• [Latest Amendments & Notifications] Incorporates all essential notifications and updates (Finance Act 2025), ensuring readers have the most current legal position
• [Ease of Reference] Structured into clearly defined Parts and Sections—facilitating quick navigation through laws, rules, and notifications
• [Practical Insights & Examples] Guidance on calculating effective import duty rates, including illustrations on Basic Customs Duty, IGST, Compensation Cess, and more
• [Annexures & Supplementary Rules] Contains extensive annexures covering cesses, additional duties, special duties, baggage rules, origin determination rules, and other necessary regulations
• [Safeguard & Anti-dumping Measures] Dedicated Parts on Safeguard Duty and Anti-dumping & Countervailing Duty crucial for businesses dealing with protective duties

The coverage of the book is as follows:

• Part 1 | Customs Tariff Act, 1975 – Full text of the Act, offering foundational legal provisions on import/export duties
• Part 2 | Import Tariff
  • General Rules for interpreting import tariff
  • Detailed chapters (1–98) outlining rates of duty and relevant exemptions for each commodity
• Part 3 | Export Tariff
  • Comprehensive schedule of export duties
  • Applicable exemptions for specified goods/services
• Part 4 | Integrated Goods & Services Tax (IGST) – Summaries of IGST provisions, notifications, rules, and rates applicable on imported goods and related exemptions
• Part 5 | Annexures
  • Documentation on Compensation Cess, Road & Infrastructure Cess, Social Welfare Surcharge, National Calamity Contingent Duty, Additional Duties, and Baggage Rules
  • Multiple sets of rules for the determination of the origin of goods under various preferential trade agreements
• Part 6 | Safeguard Duty – Relevant rules and notifications for the imposition of safeguard measures
• Part 7 | Anti-dumping & Countervailing Duty – Provisions, rules, and notifications to understand anti-dumping investigations and levies
• Part 8 | Miscellaneous – Commodity Index for quick reference and chronological list of key notifications

The structure of the book is as follows:

• Logical Segmentation
  • Divided into eight key Parts, each addressing distinct areas of the customs laws—from the primary legislation to specialised levy structures
• Chapter-by-chapter Approach
  • Within the Import Tariff, 98 Chapters are organised by sections for easy cross-referencing of specific goods/categories
• Annotations & Cross-References
  • Each chapter includes cross-references to relevant exemption notifications, departmental clarifications, and case law where applicable
• Step-by-step Duty Calculation
  • Provides guidelines and examples on how to determine the effective rate of import duty by factoring in all surcharges and cesses