03 April 2014
Special additional duty Special Additional Duty of Customs is imposed at the rate of 4% in order to provide a level playing field to indigenous goods which have to bear sales tax. This duty is to computed on the aggregate of –
*
assessable value; *
basic duty of Customs; *
surcharge; and *
additional duty of Customs leviable under section 3 of the Customs Tariff Act, 1975 (c.v.d.)
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