What is Custom Duty?
- It is a duty or tax charged on Goods imported into India or exported outside India
- On Imports, Goods are allowed to be entered India only if custom duty is paid
- Similarly in case of exports, goods are allowed to be exported outside India only if custom duty is paid
Constitutional Power to Impose Customs Duty
Entry 83 of the Union List of the Seventh Schedule to the Constitution of India empowers Central Government to impose duty,
Duties of Customs including Export duties.