The Central Board of Excise and Customs, CBEC, has launched an Interactive Customs Tariff website as part of the ongoing trade facilitative measures. Launching the application at a function in New Delhi, the CBEC Chairman S.K Goel said that the purpose of the application is to enhance public access to information on duty payment and other regulatory requirements for clearance of goods, when imported into India.
The application is designed to show various customs and other applicable duties. It will help the importers in calculation of actual effective duty applicable by taking into account the various exemption notifications. It also provides alerts related to anti-dumping duties and MRP based abatements and displays Compulsory Compliance Requirements.