Question

Basic Customs Duty is levied at
1. 10%
2. 12%
3. 15%
4. 18%
​

Answer 1

Answer:

10%

Explanation:

The rate is 10% of the value of goods. GST is applicable on all imports into India in the form of levy of IGST. IGST is levied on the value of imported goods + any customs duty chargeable on the goods. GST Compensation Cess is a levy which will be applicable in addition to the regular GST taxes.

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