Back in 1947, when india became independent, our economy was fragile. Navigate india's import duties & taxes. Foreign companies could easily flood our markets with cheap goods, crushing indian businesses.
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Customs duty is an indirect tax levied by the government of india on goods imported into or exported out of the country.
Avoid surprises by checking duties before you import goods.
Regulates the flow of international goods. Ranges from 0% to 100%, depending on the hsn code and origin. Lifesaving drugs and equipment often enjoy 0% bcd,. Here’s an overview of key import duties:
Customs duty refers to the tax imposed on the goods when they are transported across the.