Question

characteristics of Customs Duty​

Answer 1

Answer:

Customs duty is applied to the movement of goods irrespective of sales or purchase.

Customs duty is a tax which is applied indirectly by government.

Customs duty is applicable only on goods, not on services.

Education cess is applied to it too.

Answer 2

What are the features of custom duty?

• Customs duty is applied to the movement of goods irrespective of sales or purchase.
• Customs duty is a tax which is applied indirectly by government.
• Customs duty is applicable only on goods, not on services.
• Education cess is applied to it too.

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