What does the Customs and Excise Department do?
The Customs and Excise Department (C&ED) is responsible for the protection of the Hong Kong Special Administrative Region against smuggling; the protection and collection of Government revenue on dutiable goods; the detection and deterrence of narcotics trafficking and abuse of controlled drugs; the protection of …
What is custom and excise authority?
United Kingdom
HM Customs and Excise/Jurisdiction
What are excisable goods?
The term ‘excisable goods’ means the goods which are specified in the first schedule and the second schedule to the Central Excise Tariff Act, 1985, as being subject to a duty of excise and includes salt.
What do you understand by custom duty?
Customs duty refers to the tax imposed on goods when they are transported across international borders. In simple terms, it is the tax that is levied on import and export of goods. The government uses this duty to raise its revenues, safeguard domestic industries, and regulate movement of goods.
What are types of excise duty?
Types of Excise Duty
- Basic Excise Duty: Basic Excise Duty is levied under Section 3 of the Central Excises and Salt Act, 1944.
- Special Excise Duty: Central Excise Duty is charged under Section 37 of the Finance Act, 1978.
- Education Cess on Excise Duty: According to Section 93 of Finance (No.
What are customs four main responsibilities?
Customs officer: job description
- identifying people to question on the basis of prior offences/likely risk etc.
- searching baggage and individuals for smuggled items.
- making arrests of people suspected of smuggling.
- seizing smuggled goods.
- checking documentation relating to imported goods.
What are the different types of customs duty?
Types of custom duties
- Basic Customs Duty (BCD)
- Countervailing Duty (CVD)
- Additional Customs Duty or Special CVD.
- Protective Duty,
- Anti-dumping Duty.
- Education Cess on Custom Duty.