Commercial's The Customs Act, 1962 - Book (As Amended by The Finance Act 2026)

Edition : 2026

This edition of The Customs Act, 1962 (Act 52 of 1962), updated with amendments introduced by the Finance Act, 2026 (Act No. 4 of 2026), dated 30-3-2026, serves as a comprehensive legal reference for customs law, import-export regulation, and international trade compliance in India. Presented as a Bare Act with short comments, the book combines the statutory text of the Customs Act, 1962 with a wide range of important rules, regulations, and related customs legislation, making it useful for legal professionals, customs practitioners, importers, exporters, tax professionals, and students.

The book includes the Customs Act, 1962 along with relevant allied legislation and regulatory materials, including:
• The Customs Tariff Act, 1975
• The Customs and Central Excise Revenue Appellate Tribunal Act, 1986
• The Customs (Import of Goods at Concessional Rate of Duty or for Specified End Use) Rules, 2022
• The Customs (Advance Rulings) Rules, 2002
• The Customs (Preventive) Manual
• The Warehoused Goods (Removal) Regulations, 2016
• The Warehouse (Custody and Handling of Goods) Regulations, 2016
• Special Warehouse provisions and licensing regulations
• The Private Warehouse Licensing Regulations, 2016
• The Public Warehouse Licensing Regulations, 2016
• The Special Warehouse Licensing Regulations, 2016
• The Customs (Appeals) Rules, 1982
• The Customs Brokers Licensing Regulations, 2018
• The Customs Valuation (Determination of Value of Imported Goods) Rules, 2007
• The Customs Valuation (Determination of Value of Export Goods) Rules, 2007
• The Customs (Administration of Rules of Origin under Trade Agreements) Rules, 2020
• Regulations concerning electronic integrated declarations, electronic cash ledgers, and electronic payment
• The Customs (Electronic Cash Ledger) Regulations, 2022
• The Customs (Assistance in Value Declaration of Imported Goods) Regulations, 2025
• The Customs (Import of Goods at Concessional Rate of Duty or for Specified End Use) Rules and related regulations
• Postal Imports Regulations and related customs procedures
• The Baggage Rules, 2016, and Customs Baggage (Declaration and Processing) Regulations, 2016

The statutory framework covers key areas of customs administration, including:
• Levy and collection of customs duties
• Classification and valuation of imported and exported goods
• Importation and exportation procedures
• Prohibitions and restrictions on goods
• Assessment and payment of customs duty
• Warehousing and removal of warehoused goods
• Customs refunds and exemptions
• Drawback and other duty-related provisions
• Appeals, adjudication, and revision
• Customs offences, penalties, and confiscation
• Search, seizure, arrest, and enforcement powers
• Customs brokers and related licensing requirements
• Electronic filing, payments, and digital customs procedures
• Rules of origin and preferential treatment under trade agreements
• Baggage, postal imports, and passenger-related customs provisions

This edition is particularly suitable for:
• Advocates and legal professionals handling customs and indirect tax matters
• Customs consultants, brokers, importers, and exporters
• Chartered accountants, tax practitioners, and compliance professionals
• Businesses engaged in international trade and cross-border transactions
• Students and academicians studying customs and trade laws
• Government and regulatory professionals requiring an updated statutory reference

With amendments incorporated through the Finance Act, 2026 and extensive coverage of allied customs rules and regulations, this edition provides a consolidated and practical reference to the Customs Act, 1962 and the regulatory framework governing customs administration and international trade in India.