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The Customs
Act was formulated in 1962 to prevent illegal imports and exports of goods.
Besides, all imports are sought to be subject to a duty with a view to
affording protection to indigenous industries as well as to keep the imports
to the minimum in the interests of securing the exchange rate of Indian
currency.
Duties of customs are levied on goods imported or exported from India at the
rate specified under the customs Tariff Act, 1975 as amended from time to
time or any other law for the time being in force. For the purpose of
exercising proper surveillance over imports and exports, the Central
Government has the power to notify the ports and airports for the unloading
of the imported goods and loading of the exported goods, the places for
clearance of goods imported or to be exported, the routes by which above
goods may pass by land or inland water into or out of Indian and the ports
which alone shall be coastal ports
In order to give a broad guide as to classification of goods for the purpose
of duty liability, the Central Board of Excise Customs (CBEC) brings out
periodically a book called the "Indian Customs Tariff Guide" which contains
various tariff rulings issued by the CBEC. The Act also contains detailed
provisions for warehousing of the imported goods and manufacture of goods is
also possible in the warehouses.
For any person who does not actually import or export goods, customs has
relevance in so far as they bring any baggage from abroad.
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