Question

what is peak of custom duty .? and pls don't write the same answer which Google already given..!​

Answer 1

The Peak customs duty is the highest general rate applicable to majority of imports. Implication is that the highest basic duty imposed on largest number of imported goods is 10%.

Answer 2

Answer:

The peak custom duty is the highest general rate applicable to majority imports. it is estimated with reference to the basic custom duty. This means additional custom duty etc., are not considered while estimating the peak duty. At present, the peak custom duty in India is around 10%.

Explanation:

Implication is that the highest basic duty imposed on largest number of imported goods is 10%.