Taxation

~~with focus on tax education~~

Advance Tax Paid to a Collection Agent - Imports (Section 148)

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Collection Authority: Collector of Customs
Applicable Rate: 4% (in most cases)
Time of Collection: in the same manner and at the same time as the customs-duty payable in respect of the import
Final Tax / Normal: Final tax on the income of the importer arising from the imports except in the case of import-


Large Import House means concern

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posted @ 2:05 PM,

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