Customs duty is a tax which the State collects on goods imported into or exported out of the boundaries of a country. Customs duties now form a significant source of revenue for all countries especially in the case of developing countries like India. In India, customs duties are forced on the goods and at the rates specified in the Schedules to the Customs Tariff Act, 1975. The taxable event is import into export from India. Export duties are practically non-existent at present. Customlawfirm.com gives you entire information about the various custom law firms.

For consultation please contact us