Budget 2017
Gold SponsorGold Sponsor
Silver SponsorSilver Sponsor

Budget in graphics: Customs duty

Budget in graphics: Custom duty
EMAIL
COMMENTS
Budget in graphics: Customs duty

Customs duty: A customs duty is a tax (or tariff) imposed on the export or import of goods and services. The duty helps raise revenues for the government and also curbs unlawful trade, both exports and imports.

The Central Board of Excise and Customs, a part of the Department of Revenue under the Finance Ministry, formulates laws dealing with the levy and collection of customs duties, among others.



For latest news on Business, like us on Facebook and follow us on Twitter.
ALSO READ Common Mistakes While Filing ITR And How to Avoid Them

Advertisement

Advertisement

GAINERS / LOSERS

Advertisement

Advertisement