R.K. Jain’s Complete Customs Reference Set | Tariff & Mega Exemptions (2025-26)

Description

R.K. Jain’s Complete Customs Reference Set | Tariff & Mega Exemptions (2025-26) is a two-part professional reference set that brings together the two most consequential components of India’s customs regime—the Customs Tariff and the new unified Mega Exemption framework. Following the issuance of Notification No. 45/2025-Cus., the earlier patchwork of 31 exemption notifications has been rescinded and replaced by a single rationalised structure. The Tariff lays down the statutory base, while the Guide to New Mega Customs Exemptions interprets, maps, and explains every duty relief now reorganised under the new system. Together, they form the definitive reference for readers dealing with import/export classification, duty calculation, policy interpretation, or exemption compliance. Readers can now move seamlessly from tariff heading → exemption entry → effective duty computation, ensuring total command over the post-2025 customs landscape.

This Combo is intended for the following audience:

• Customs & Trade Professionals – Consultants, authorised representatives, and customs brokers handling classification, valuation, and exemption planning
• Corporate Finance, Procurement & Supply Chain Teams – Import planners, costing managers, and logistics officers calculating landed costs and managing sourcing contracts
• Advocates, Law Firms & Consultants – Handling classification or exemption-related disputes, refund claims, or audit reconciliations
• Policy Analysts, Academicians & Students – Studying India’s trade facilitation measures, tariff rationalisation, and FTA utilisation
• Government Officials & Training Institutions – Involved in customs administration, audit, or training in tariff/exemption application

The Present Publication includes R.K. Jain’s Customs Tariff of India | 83^rd Edition (2025-26) – Updated up to 18^th August 2025, and R.K. Jain’s Guide to New Mega Customs Exemptions | November 2025 Edition – based on Notification No. 45/2025-Cus. (dated 24-10-2025). The books are authored by the Centax Editorial Board and CA. Kishore Harjani, respectively, within the authoritative framework established by R.K. Jain. The noteworthy features are as follows:

• [The Complete Customs Framework] A one-stop reference that spans classification to exemption—from the charging provisions of the Customs Tariff Act 1975 to the unified duty-relief scheme under Notification No. 45/2025-Cus.
• [Seamless Old-to-New Transition] The Guide provides a comparative matrix of 31 rescinded notifications, enabling effortless cross-walks (Old S. No. → New S. No. → Condition → Remarks). Practitioners can instantly trace where each legacy benefit now resides
• [Duty Calculation Simplified] Worked examples in the Tariff volume demonstrate how to compute effective duty step-by-step (BCD → SWS → IGST → Cess → Trade-Remedy Duties). These computations align with the Guide’s cross-references, showing applicable exemptions at each stage
• [HSN-linked Exemption Mapping] Dedicated HSN mapping, as per the Ministry of Commerce’s Harmonised System correlation guide, ensures direct reconciliation between tariff headings and new exemption serials—critical for compliance, audits, and customs clearance documentation
• [Policy & Structural Insights] The Guide explains the policy rationale behind the 2025 exercise, focusing on simplification, transparency, and periodic review through sunset clauses. It contextualises companion notifications (44/2025-Cus. on cesses alignment; 46/2025 & 47/2025-Cus. on yellow peas curtailment) for a holistic understanding
• [Practitioner-ready Presentation] Both volumes are designed for speed, clarity, and precision, with:
  • Signal boxes linking tariff items to exemptions, ADD/CVD, safeguard duties, and clarifications
  • Chapter signposts to related notifications
  • Extensive commodity and serial-number indexes
  • Clear tables, condition cross-notes, and margin summaries for quick decision-making
• [Longstanding Authority] Rooted in R.K. Jain’s legacy of precision and reliability since 1979, the Combo continues his tradition of providing statutory exactness with practical usability, trusted by professionals, institutions, and policymakers alike.

The coverage of the Combo is as follows:

• Volume I & II – Customs Tariff of India (83^rd Edition)
  • Customs Tariff Act 1975 with all amendments up to the Finance Act 2025
  • Import Tariff (First Schedule) & Export Tariff (Second Schedule) with section & chapter notes
  • IGST Extracts, Rate & Exemption Notifications, and Nil-Rated Lists
  • Cesses & Additional Duties – Compensation Cess, AIDC, SWS, NCCD, Health Cess, etc.
  • Rules of Origin (RoO) – ASEAN, SAFTA, CECA/CEPA/PTA frameworks + CAROTAR 2020
  • Trade Remedies – Anti-dumping, Countervailing, and Safeguard Duty Rules & Notifications
  • Annexures – Project Import Rules, Baggage Rules, Concessional Rate Rules, Validating Provisions
  • Practical Guides – ‘How to Use this Tariff’ and ‘How to Calculate Effective Duty’
• Volume III – Guide to New Mega Customs Exemptions (Nov. 2025 Edition)
  • Full text of Notification No. 45/2025-Cus. with Tables I–IV and Condition Annexures
  • Comparative Study of 31 Rescinded Notifications mapped to new serials
  • Entry-by-Entry Notes explaining changes, inserted sunset clauses, and reorganised conditions
  • Linked Notifications (44/2025, 46/2025, 47/2025) reproduced verbatim with contextual commentary
  • HSN Mapping Table – Ensuring one-to-one traceability from tariff item to exemption entry
  • Practical Examples – Illustrating how old entries (e.g., 50/2017-Cus.) translate into new ones
  • Policy Commentary – Trade facilitation, review cycles, and rationalisation objectives

The structure of the Combo is as follows:

• Contextual Overview – Lays out the legislative and policy background of the 2025 reforms
• Tariff Foundation (Vol. I & II) – Provides the statutory, numerical, and procedural base for duty classification
• Exemption Cross-Link (Vol. III) – Rebuilds the exemption logic entry-by-entry, linking every tariff heading to its new relief position
• Computation & Application Tools – Examples, flowcharts, and matrices for quick duty and exemption validation
• Reference Annexures – Including all connected notifications, RoO texts, and cess tables for complete context
• The structure ensures a logical flow—from identifying the tariff entry → verifying the exemption → computing the effective rate → referencing related policy or condition