Customs Law & Practice with Foreign Trade Policy
27th Edition | 2025 | Amended by the Finance Act 2025
Authored by V.S. Datey

Your Definitive Guide to India’s Customs Law and Foreign Trade Policy

Customs Law & Practice with Foreign Trade Policy is a comprehensive and authoritative treatise that consolidates the legal, procedural, and practical aspects of India’s Customs Law and the Foreign Trade Policy (FTP) in a single, accessible volume. Updated to reflect the amendments introduced by the Finance Act 2025, this publication is trusted by professionals, government officers, and trade practitioners for its accuracy, depth, and clarity.

Combining statutory analysis with interpretative insights, case laws, departmental circulars, and real-world examples, the 27th Edition of this leading work provides readers with an all-in-one solution for navigating customs procedures and FTP frameworks, including complex schemes like Advance Authorisation, EPCG, SEZ, and RoDTEP.

Who Should Use This Book?

• Tax & Legal Professionals
  Customs brokers, CAs, advocates, and consultants dealing with cross-border trade, classification disputes, valuation issues, and compliance

• Corporate Executives & Logistics Managers
  Companies engaged in import-export operations needing guidance on documentation, duty exemptions, warehousing, and incentive schemes

• Government Officers & Policy Makers
  Regulatory personnel and enforcement agencies seeking a structured, updated manual for interpreting customs laws and FTP

Key Features of the 2025 Edition

• [Fully Updated]
  Covers all major legislative changes up to Finance Act 2025, including changes in duties, procedures, schemes, and valuation norms

• [Comprehensive Coverage of Customs Law]
  All facets of the Customs Act 1962 and Customs Tariff Act 1975, including types of duties, valuation rules, warehousing, adjudication, and prosecution

• [Integrated Treatment of FTP]
  Covers the entire Foreign Trade Policy, including EPCG, Advance Authorisation, DFIA, EOU/EHTP/STP/BTP, SEZs, and IFSCs

• [Focused Treatment of Export Incentives]
  Detailed analysis of schemes like RoDTEP, Duty Drawback, and RoSCTL, with procedural and legal insights

• [Highly Structured & Navigable]
  Logical sequencing of topics with flowcharts, tables, cross-references, and summary boxes to assist in quick comprehension and recall

• [Legal & Practical Insights]
  Integrates judicial decisions, CBIC circulars, notifications, and real-world examples for clarity on compliance and litigation issues

• [Extensive Appendices]
  Full texts of laws and rules: Customs Act 1962, Tariff Act 1975, Valuation Rules, FTP notifications, and important regulations

• [Professional Tools]
  Includes section-wise index, subject index, and glossary of acronyms for ready referencing

Detailed Coverage

Customs Law & Practice

• Customs Duties
  Basic Customs Duty, IGST on imports, Anti-dumping Duty, Safeguard Duty, Social Welfare Surcharge, etc.

• Valuation & Classification
  Transaction value, WTO valuation methods, General Rules of Interpretation for tariff classification

• Import & Export Procedures
  Bills of Entry, shipping bills, documentation, port procedures, e-filing, and single-window systems

• Warehousing & Special Procedures
  Licensing, bonded manufacturing, re-import/export, and customs control over goods in transit

• Refunds & Adjudication
  Refund claims, show cause notices, penalties, seizure, confiscation, and appeals up to CESTAT and Supreme Court

Foreign Trade Policy (FTP)

• Import-Export Framework
  Restricted/prohibited goods, SCOMET exports, STE provisions, and general import-export procedures

• Special Authorisations & Schemes
  Advance Authorisation, DFIA, EPCG, EOU/STP/EHTP/BTP units

• Export Incentives
  RoDTEP, RoSCTL, Duty Drawback, and related procedural formalities

• Sector-Specific Coverage
  Gem & Jewellery sector, SEZ operations, IFSC transactions, and marine/aerospace goods

• Digital Governance & Reform
  Covers ICEGATE, e-Sanchit, faceless assessments, and CBIC’s digital initiatives

Structure of the Book

1. Foundation – Introduction to Customs, Levy of Duties, Classification, Valuation

2. Procedural Aspects – Import/export formalities, warehousing, and e-compliance

3. Dispute Mechanisms – Penalties, adjudication, appeals, and judicial review

4. FTP Framework – General provisions, licensing schemes, SEZs, and incentives

5. Appendices – Full statutory texts, major rules, notifications, and a glossary for ready reference

Why This Book?

• Authored by V.S. Datey, one of India’s most respected experts in indirect tax laws

• Combines statutory clarity with practical depth

• The go-to reference for customs litigation, advisory, and compliance strategy

• Trusted by thousands of professionals, businesses, and officers across India