India’s Union Budget 2026–27 could prove to be a turning point for the country’s logistics sector. Much of the immediate spotlight has fallen on highways, ...
1don MSN
Tariff-linked US Customs bond funding shortfall reaches record-breaking $3.5 billion in 2025
U.S. Customs identified close to $3.6 billion in surety bond insufficiencies in fiscal 2025, a financial guarantee trade ...
New legislation aims to address the widespread use of a 37-year-old customs provision currently being leveraged by importers ...
The NCS Act, 2023 precisely section 69 clearly stipulates that the primary basis for Customs value of goods shall be the transaction value which it defines as the price paid or payable for goods when ...
A Minnesota-based retailer of Christmas ornaments failed to show that US Customs and Border Protection erred in its appraisal of the proper taxable value of its merchandise, the Federal Circuit said ...
The Hon’ble bench observed that the impugned orders in upholding the enhancement of value is not consistent with the legal provisions of the Customs statute in respect of valuation of imported goods.
Finance Minister Nirmala Sitharaman has signalled the start of what could become the most far-reaching reform of India’s customs framework in decades, calling it her “next big cleaning up assignment” ...
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