Custom tax, also known as customs duty, is a tax levied on goods when they are transported across international borders. Our comprehensive customs duty advisory services help businesses navigate the complex landscape of import and export taxation. We assist with customs duty classification, valuation, exemption claims, and compliance with all regulatory requirements. Whether you're importing raw materials, exporting finished goods, or engaged in re-export activities, our expert team ensures you pay the correct duties while maximizing available benefits and avoiding costly penalties or shipment delays.
" In the world of international trade, understanding customs duty is not just about compliance—it's about competitive advantage. Proper classification and strategic planning can significantly impact your bottom line. "
Our customs tax services cover the entire spectrum of cross-border trade requirements. We help businesses with HS code classification, customs valuation disputes, anti-dumping duty matters, bonded warehouse procedures, and duty drawback claims. We also assist with obtaining customs rulings, handling audits, and resolving disputes with customs authorities efficiently.
We provide expert customs duty advisory that helps businesses minimize duty costs, ensure regulatory compliance, and streamline their import-export operations. Our team stays updated with the latest customs notifications, trade agreements, and duty exemption schemes.
Customs duty is a tax imposed on goods when they are imported into or exported from India. It is applicable on all goods crossing international borders unless specifically exempted. The duty rates vary based on the HS code classification of goods and can include Basic Customs Duty (BCD), Integrated GST (IGST), and various cesses depending on the product category.
HS (Harmonized System) code is an internationally standardized system for classifying traded products. Correct classification is crucial as it determines the applicable duty rate, eligibility for exemptions, and compliance with import/export restrictions. Misclassification can lead to duty shortfalls, penalties, and shipment delays.
Duty drawback is a refund of customs duties paid on imported inputs used in manufacturing goods that are subsequently exported. Claims can be filed through the ICEGATE portal within the prescribed time limits. We assist with calculating eligible amounts, preparing documentation, and filing claims to maximize your duty drawback benefits.
Anti-dumping duties are additional duties imposed on imported goods that are sold at prices below their normal value in the exporting country, causing injury to domestic industry. These duties are product and country-specific. We help importers understand applicable anti-dumping duties, explore exemption possibilities, and ensure proper compliance.
India has signed FTAs with various countries and trading blocs that offer preferential duty rates or duty-free access for eligible goods. To claim benefits, you need proper Certificate of Origin and must meet Rules of Origin criteria. Our team helps identify applicable FTAs, verify eligibility, obtain necessary certificates, and ensure correct documentation for duty savings.
