Introduction - Basics of Customs

What is Custom Duty?

• It is a duty or tax charged on Goods imported into India or exported outside India
• On Imports, Goods are allowed to be entered India only if custom duty is paid
• Similarly in case of exports, goods are allowed to be exported outside India only if custom duty is paid

Constitutional Power to Impose Customs Duty

E n t r y 8 3 of th e U ni o n L i s t o f th e Sevent h Schedule to the Constit u tion of India empowers Central Government to impose duty,

D utie s o f C u sto m s inc l udi n g E xpor t dut i e s.