Meaning of Customs Tariff Act

Customs Tariff Act

Language - English

Tamil Word - சங்கக் காப்புவரிச் சட்டம்

A law that specifies the rates of duty and taxes levied on imported and exported goods. (e.g., The Customs Tariff Act determines the import duties applicable to various construction materials.) In Tamil Nadu real estate development, the 'Customs Tariff Act' is relevant for projects involving imported materials. Understanding the applicable duties and taxes is crucial for budgeting and cost estimation.