This is the category page of Customs Laws in India which falls in the category of civil law. Indian Customs laws regulate the import and export of goods across international borders in India. These laws were enacted to ensure the security and interests of the country while facilitating trade.
The Customs Act, 1962 is the cornerstone legislation in customs laws that levies duties on imports and exports, controls the movement of goods and discourages illegal trade practices. For import and export, the Customs authority has classified goods into three categories i.e. free goods, prohibited goods and restricted goods.
Each country has its regulations and laws governing the import and export of goods, including restrictions and prohibitions on certain items. In India, the Central Board of Indirect Taxes and Customs (CBIC) has published an official list of prohibited and restricted items that cannot be imported into or exported out of the country. I am … Read more
In this article, we will explore the Indian customs gold duty, allowance, and rules in detail. We will discuss the various categories of people who can import gold into India, the amount of gold they can bring in, the customs duty they need to pay, and other regulations they must follow. Rules on customs duty … Read more