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Author: Vaibhav Mishra
Vaibhav Mishra
Vaibhav Mishra is a passionate 5th-year law student at ICFAI University, specializing in legal research and constitutional law. With a keen interest in public policy, human rights, and litigation, he actively engages in moot courts and legal writing. Committed to justice, he aspires to contribute meaningfully to India's legal system.
Customs duty, as governed by the Customs Act, 1962 in India, is a pivotal indirect tax levied on goods imported into or exported from the country. It serves as a critical instrument for regulating international trade, protecting domestic industries, and generating government revenue. Enacted to consolidate and streamline customs laws, the Customs Act, 1962, provides a comprehensive legal framework for the imposition, assessment, and collection of customs duties, administered by the Central Board of Indirect Taxes and Customs (CBIC) under the Ministry of Finance. The Act, along with allied regulations like the Customs Tariff Act, 1975, outlines the procedures for…
