Custom duty on information gathered from foreign vendor through automatic identification system
MRINAL GANGULY (Paid Assistant) (141 Points)
04 July 2020automatic identification system. under what classification does it come
MRINAL GANGULY (Paid Assistant) (141 Points)
04 July 2020
CS M Pota
(Company Secreatary)
(3186 Points)
Replied 06 July 2020
Indian Customs Act 1962 provides that any "Goods " as defined in the Acts comes in to India it is called Imported goods and Import duty is payable thereon as per the Customs Tariff Act. So in your case if Information is a Goods as per the Customs Act. 1962 and received from out side India then the applicable duty will have to be paid.