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Import Guide

Countervailing Duty is levied on the cost of imported goods and is equal to excise duty levied on like goods when manufactured in India. The objective is to ensure that the protection provided by the import duty to domestic industry is not eroded. It is levied at the rate of 10% of the basic rate on all commodities except crude oil and petroleum products, GATT-bound items, gold and silver. This duty can be levied either as a percentage of value of goods or at a specified rate. With effect from Feb. 2...

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Import Guide | textilesindepth-importers.blogspot.com Reviews
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Countervailing Duty is levied on the cost of imported goods and is equal to excise duty levied on like goods when manufactured in India. The objective is to ensure that the protection provided by the import duty to domestic industry is not eroded. It is levied at the rate of 10% of the basic rate on all commodities except crude oil and petroleum products, GATT-bound items, gold and silver. This duty can be levied either as a percentage of value of goods or at a specified rate. With effect from Feb. 2...
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1 import guide
2 countervailing duty definition
3 customs surcharge
4 basic custom duty
5 customs tariff classification
6 older posts
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9 custom clearing procedure
10 imports customs clearance
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Import Guide | textilesindepth-importers.blogspot.com Reviews

https://textilesindepth-importers.blogspot.com

Countervailing Duty is levied on the cost of imported goods and is equal to excise duty levied on like goods when manufactured in India. The objective is to ensure that the protection provided by the import duty to domestic industry is not eroded. It is levied at the rate of 10% of the basic rate on all commodities except crude oil and petroleum products, GATT-bound items, gold and silver. This duty can be levied either as a percentage of value of goods or at a specified rate. With effect from Feb. 2...

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textilesindepth-importers.blogspot.com textilesindepth-importers.blogspot.com
1

Import Guide: Member (Customs) looks after the following matters

http://textilesindepth-importers.blogspot.com/2011/09/member-customs-looks-after-following.html

Member (Customs) looks after the following matters. Customs Law and its interpretation and application, policy and broad procedures(Other than those concerning anti-smuggling). Enforcement of Import Export prohibitions. Foreign Travel and Cases on imports and exports. Baggage concessions and rules. Tariff Classification and Tariff advices. Customs procedures, Customs House Agents Regulations. Warehousing, inland Bonded Warehouses. FTZs, EPZs, 100% EOUs etc. Matters relating to Drawback.

2

Import Guide: Countervailing Duty Definition

http://textilesindepth-importers.blogspot.com/2011/09/countervailing-duty-definition.html

Countervailing Duty is levied on the cost of imported goods and is equal to excise duty levied on like goods when manufactured in India. The objective is to ensure that the protection provided by the import duty to domestic industry is not eroded. Customs Duties are Levied in three Ways. Customs not specified elsewhere of all other works. Member (Customs) looks after the following matters.

3

Import Guide: Basic Custom Duty

http://textilesindepth-importers.blogspot.com/2011/09/basic-custom-duty.html

All goods imported into India are chargeable to duty as prescribed in the 1st Schedule of Customs Tariff Act. This Schedule is amended from time to time of Customs Tariff Act. This duty can be levied either as a percentage of value of goods or at a specified rate. Customs Duties are Levied in three Ways. Customs not specified elsewhere of all other works. Member (Customs) looks after the following matters.

4

Import Guide: May 2011

http://textilesindepth-importers.blogspot.com/2011_05_01_archive.html

100% EOU Scheme EPZ FTZ Scheme. This means an industrial unit offering its entire production, excluding rejects and items otherwise specifically permitted to be supplied to the domestic tariff area(DTA), for exports. Such units may be set up under the EOU/EPZ scheme. While EOUs can be set up anywhere in India subject to certain locational conditions, units in EPZ/FTZ can be set up in specific areas separated from the DTA by physical barriers. Diamond, Gem and Jewellery Export Promotion Scheme. A duty fre...

5

Import Guide: Customs Authorities

http://textilesindepth-importers.blogspot.com/2011/09/customs-authorities.html

The customs administration vests in CBEC for implementing the provisions of the Customs Act.1962. There are two main wings of Customs House. In the 'Appraisement' wing the job of collection of revenue is assigned, while the 'Preventive' one aims at prevention of smuggling. The Customs authority functions under the Ministry of Finance (MoF) with the Central Board of Excise and Customs at the apex. The board is headed by a Chairman and assisted by Members. Customs Duties are Levied in three Ways.

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Import Guide

Countervailing Duty is levied on the cost of imported goods and is equal to excise duty levied on like goods when manufactured in India. The objective is to ensure that the protection provided by the import duty to domestic industry is not eroded. It is levied at the rate of 10% of the basic rate on all commodities except crude oil and petroleum products, GATT-bound items, gold and silver. This duty can be levied either as a percentage of value of goods or at a specified rate. With effect from Feb. 2...

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