The term ‘Taxation’ signifies the process of collecting money by the Government from individual citizens, corporate firms and others either directly or indirecly. While Income Tax, is a direct tax, customs duty and Goods and Services Tax (GST)are indirect taxes.
The money collected through taxation goes to the Public Treasury/Consolitated Fund of India and such money is used for defence, public welfare schemes, national infra structure development, etc.
In any nation, it is the people’s ability to pay tax both direct and indirect which help the Government to implement equitable, non-arbitrary and economically sound system of taxation.
Customs duty is an indirect tax that people pay for importing and sometimes exporting goods.The levy and collection of customs duty is one of the major sources of revenue to Central Government.
The customs law is an important branch of study in Law of Taxation and hence this law been written in a simple language and in essay form so that even a layman can easily understand and grasp the subject matter. An in depth study of the book will give an excellent insight in the subject matter.
We fervently hope that this revised edition on the ‘Customs Act’ will be extremely useful both from academic and examination point of view.
Karnataka State Law University
Maharashtra National Law University
Dr. Babasaheb Ambedkar Marathwada University
Rashtrasant Tukadoji Maharaj Nagpur University
North Maharashtra University
Swami Ramanand Teerth Marathwada University
University of Calcutta Department of Law
The West Bengal National University Of Juridical Sciences
Tech India University
University Of Burdwan
University of North Bengal
Kazi Nazrul University
Dr. Ram Manohar Lohiya National Law University
Faculty of Law
University of Allahabad
Chaudhary Charan Singh University
Banaras Hindu University
Shri Ramswaroop Memorial University
Swami Vivekanand Subharti University
Aligarh Muslim University
Deen Dayal Upadhyaya Gorakpur Bennett University
University of Lucknow
National Law University
Delhi University School Of Law And Legal Studies
Guru Gobind Singh Indraprastha University
The Northcap University
Indian Law Institute
Amia Millia Islamia University
O. P. Jindal Global University
Maharshi Dayanand University
Noida International University