Custom Duty Tax Payment Fees and Charges
- Paying Custom Duty via HDFC Bank Corporate and Retail NetbBanking platforms is a free- of charge facility.
Introduction
The Government of India applies custom duties to regulate and control the flow of goods across borders. In India, customs duties encompass various components, including Basic Customs Duty (BCD), Customs Handling Fee, Integrated Goods and Services Tax (IGST), and Social Welfare Surcharge.
Streamline Custom Duty Payments
Frequently Asked Questions
In India, customs duty taxes are determined by several factors, including the classification of goods under the Harmonised System of Nomenclature (HSN), the country of origin, relevant trade agreements or exemptions, and the current trade policies and tariffs.
In India, certain products qualify for customs duty exemptions. Free Trade Agreements and Preferential Trade Agreements can lower Basic Customs Duty (BCD) rates. Duty rates have also been reduced for specific items such as gold, silver, and platinum.
In India, customs duty taxes are applied upon importation and are the importer's responsibility. Payments can be made online via the ICEGATE e-payment portal. The duties include Basic Customs Duty (BCD), Customs Handling Fee, Integrated Goods and Services Tax (IGST), and Social Welfare Surcharge.