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Budget 2019: What is Customs Duty?
DHNS
Last Updated IST

Customs Duty

Customs Duty is the only indirect tax that is not under the GST and therefore it is a part of the Union Budget. These are levies charged when goods are imported into, or exported from, the country, and they are paid by the importer or exporter. Usually, these are also passed on to the consumer.

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(Published 01 July 2019, 16:18 IST)