CBIC has released Notification No. 45/2025–Customs, which outlines updates on customs exemptions and concessional duty rates for imported goods. This notification, dated 24th October 2025, provides new guidelines that could affect the duty rates applied to certain imports.
The notification may impact the calculation of duties on imported goods, affecting cost structures for importers. For Neo clients dealing with imports, especially those in sectors like chemicals, automobiles, and industrial raw materials, understanding these changes is crucial. The specifics of which goods or tariff headings are affected are not detailed here, so verification against the official document is essential.
1) Open the official notice
2) Check whether your CTH, documents or policy line is touched
3) Ask Neo's CHA before changing Bill of Entry or Shipping Bill practice