Entertainment Tax Customs duty Customs duty is levied on the import of goods into India. This duty is payable at the time of clearance of the goods, upon its arrival into India. Customs duty effectively comprises basic duty, special duty and additional duty. Basic duty rates are fixed at prescribed levels. The peak rate of basic duty is 50 percent.
Additional duty is a duty equal to the excise duty, levied on a like article, if produced in India.
Rates of excise duty are specified in the excise duty laws. The additional duty is levied on the aggregate of the value of the goods imported, plus the basic duty and the special duty. Sales tax is levied on the sale of moveable goods in India, at rates which vary depending upon the type and nature of goods and the state in which the sale taken place. Sales tax is levied on the value of the goods including excise duty paid on the manufacture of the same. The Central Government and the State Government are both empowered to impose a tax on transactions involving a sale of moveable goods.