Taxmann Customs & FTP Ready Reckoner By V S Datey 28th Edition April 2026

Customs & FTP Ready Reckoner By V S Datey 28th Edition April 2026

Customs & FTP Ready Reckoner By V S Datey 28th Edition April 2026

Description

The Present Publication is the 28^th Edition | 2026, amended by the Finance Act 2026. It is authored by Mr V.S. Datey, with the following noteworthy features:

• [Three-Tier Integrated Treatment at Every Paragraph] Statutory text (Act and section number) → subordinate legislation (rule, regulation, notification number and date) → administrative guidance (CBIC circular, CBIC Customs Manual 2025 chapter and paragraph, DGFT policy circular, MCI-DC(SEZ) instruction, RBI circular) → leading judicial authority. This four-layer citation density is the book’s defining feature and is what allows it to be used directly in written submissions
• [Extensive Case-Law Commentary] It is woven into the narrative at the point of discussion, drawing on Supreme Court Constitution Benches (M. Jhangir Bhatisha, J.V. Gokal), 3-member Supreme Court benches (Apar P. Ltd., Kiran Spinning Mills, Garden Silk Mills, LML, Jain Brothers), High Court Division Benches, CESTAT decisions, and recent pronouncements, including Union of India v. Mohit Minerals (P.) Ltd. on extra-territorial legislative competence
• [Author’s Editorial Notes and Interpretative Critique] Where the text draws attention to conflicting judgments, departmental positions that may not survive judicial scrutiny, or practical difficulties (e.g., commentary flagging that the Bombay High Court ruling in V.M. Salgaocar may not have had Section 16 brought to its notice)
• [Paragraph-Numbered Drafting] It enables precise cross-referencing within the book and in opinions, replies to Show-Cause Notices, and written submissions before adjudicating authorities and Tribunals
• [FTP Paragraph-Level Citation Throughout Chapters 42–61] This book maps the commentary directly to paragraphs of FTP 2023 (e.g., Para 4.09, 4.12(i)–(iv), 4.16, 4.20, 11.14) and Handbook of Procedures (e.g., Para 4.06, 4.07, 4.60), as well as to Customs notifications issued in the FTP machinery (e.g., Notification Nos. 21/2023-Cus, 24/2023-Cus dated 1-4-2023 with paragraph-level references)
• [Cross-Comparison with the CGST Act at Multiple Points] It highlights where Customs and CGST share conceptual architecture (transaction value, related persons, unjust enrichment, short-levy recovery, advance ruling, search & seizure, arrest & prosecution), which is particularly useful for indirect tax practitioners handling both regimes
• [Section-Wise Index to the Customs Act 1962] It runs across multiple pages, mapping every section (including inserted, amended, and omitted sub-sections, and lettered sections such as 2(28A), 11B, 11I, 28J, 56A, 151A) to the paragraph numbers where each is analysed. This enables section-first navigation from statute to commentary
• [Glossary of Acronyms] It covers the full operating vocabulary of Customs and FTP practice.
• [Comprehensive Subject Index] It is incorporated at the end for topic-first lookup
• [Current CBIC Customs Manual, 2025 integration] The 2025 Manual (updated to 1^st February 2025, superseding the 2023 Manual) is cited in the relevant paragraphs throughout, with chapter and paragraph references

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