Indian custom import duty is the tax levied on the good and services which are imported into the territory of India. Their duties are generally levied on Ad Valorem rates and their base is determined by the domestic value of the imported products.
Custom Duty India is a tax which is applicable on all the imported as well as exported products in India. Everyone who is involved in the business of international trade must pay this tax for every importation or exportation of products. This tax is executed on every product imported in India and exported from India. This tax is imposed generally on the basis of weight, size and dimensions of the products.
Custom duty is a tax which is valid on all the products trade in across the world. Everyone who is elaborate in the global import business must pay this duty for every importation of products. It is compulsory generally on the basis of weight, size and dimensions of the products. It is deliberated the major source of revenue for almost all country.