Custom law
This query is : Resolved
03 April 2014
when goods become dutiable...
03 April 2014
dear author,
The concept of import duty is very wide and is almost applicable to every product or item imported to India barring a few goods like food grains, fertilizer, life saving drugs and equipment etc. Import duties form a significant source of revenue for the country and are levied on the goods and at the rates specified in the Schedules to the Customs Tariff Act, 1975.
for more info:-
https://www.eximguru.com/exim/guides/how-to-import/ch_10_import_duties.aspx
The concept of import duty is very wide and is almost applicable to every product or item imported to India barring a few goods like food grains, fertilizer, life saving drugs and equipment etc. Import duties form a significant source of revenue for the country and are levied on the goods and at the rates specified in the Schedules to the Customs Tariff Act, 1975.
for more info:-
https://www.eximguru.com/exim/guides/how-to-import/ch_10_import_duties.aspx
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