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Read MoreCustoms duty is a direct tax that is imposed on goods and services that are imported to India or exported to foreign countries from India. The fundamental law for customs duty is based on the Customs Act, 1962 that states that set of duties on imports and exports process in the country.
Read MoreFind details about Customs Duty in India and Its Importance in International Trade.
Read MoreFind the details about Indian Custom Import Duty, custom duty calculator and custom duty calculation at seair.co.in.
Read MoreCustoms Duty in India refers to the tax that is imposed on products when they are transported all across the global borders. The main aim behind levying this tax is to safeguard every country’s residents, economy, environment, jobs, etc. by regulating the import and export of products, especially restrictive and prohibited products in and out of any nation.
Read MoreGST (Goods and Service Tax) has changed the entire system of taxation of import-export trading in India by gripping all other indirect taxes including services tax, surcharges, state-level tax, central excise duty and introduced a single tax known as IGST (Integrated Goods and Service Tax).
Read MoreIndian custom import duty is an Indian tax applicable on all the products imported in India. Everyone who is involved in the international import business must pay this tax for every importation of products.
Read MoreIf you are in a trade business in India, then it is necessary that you well-understand the concept of custom import duty. This is a short of direct tax that you need to pay for the different products that you import and export in the country.
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