Centax Customs Tariff IGST & Foreign Trade Policy Rate Reckoner (Set of 2 Volumes) By R K Jain Edition May 2025

Centax Customs Tariff India 2 Volumes Set R K Jain

Centax Customs Tariff India 2 Volumes Set R K Jain

Description

R.K. Jain’s Customs Tariff of India is a comprehensive two-volume compendium presenting the most up-to-date and authoritative reference on India’s customs tariff laws. It offers a meticulous compilation of the Customs Tariff Act 1975, detailed Import and Export Tariffs, notifications, exemptions, and associated laws such as IGST, Safeguard Duty, and Anti-dumping & Countervailing Duties. With a rich publishing history since 1979, this book continues the tradition of providing clarity and guidance in customs duty and international trade regulations.

This book is intended for the following audience:

• Customs Professionals and Practitioners – Ideal for customs consultants, agents, freight forwarders, and professionals who navigate tariff classifications and exemptions on a daily basis
• Legal and Finance Experts – Lawyers, chartered accountants, tax consultants, and company secretaries seeking the latest legal references for cross-border trade compliances
• Trade and Industry Stakeholders – Exporters, importers, multinational corporations, and entrepreneurs in need of reliable insights on tariffs, duties, and exemptions relevant to their business
• Government and Regulatory Bodies – Officers, policymakers, and department personnel requiring a single-window reference for updated legislative and procedural norms
• Academic and Research Institutions – Colleges, libraries, and universities engaged in teaching or researching taxation, customs laws, and international trade

The Present Publication is the 82^nd Edition | 2025-26, amended by the Finance Act 2025. This book is edited by Centax’s Editorial Board with the following noteworthy features:

• [Comprehensive Coverage] Spans across two volumes, covering all critical aspects of India’s customs framework—from the Customs Tariff Act itself to detailed schedules and notifications on both imports and exports
• [Latest Amendments & Notifications] Incorporates all essential notifications and updates (Finance Act 2025), ensuring readers have the most current legal position
• [Ease of Reference] Structured into clearly defined Parts and Sections—facilitating quick navigation through laws, rules, and notifications
• [Practical Insights & Examples] Guidance on calculating effective import duty rates, including illustrations on Basic Customs Duty, IGST, Compensation Cess, and more
• [Annexures & Supplementary Rules] Contains extensive annexures covering cesses, additional duties, special duties, baggage rules, origin determination rules, and other necessary regulations
• [Safeguard & Anti-dumping Measures] Dedicated Parts on Safeguard Duty and Anti-dumping & Countervailing Duty crucial for businesses dealing with protective duties

The coverage of the book is as follows:

• Part 1 | Customs Tariff Act, 1975 – Full text of the Act, offering foundational legal provisions on import/export duties
• Part 2 | Import Tariff
  • General Rules for interpreting import tariff
  • Detailed chapters (1–98) outlining rates of duty and relevant exemptions for each commodity
• Part 3 | Export Tariff
  • Comprehensive schedule of export duties
  • Applicable exemptions for specified goods/services
• Part 4 | Integrated Goods & Services Tax (IGST) – Summaries of IGST provisions, notifications, rules, and rates applicable on imported goods and related exemptions
• Part 5 | Annexures
  • Documentation on Compensation Cess, Road & Infrastructure Cess, Social Welfare Surcharge, National Calamity Contingent Duty, Additional Duties, and Baggage Rules
  • Multiple sets of rules for the determination of the origin of goods under various preferential trade agreements
• Part 6 | Safeguard Duty – Relevant rules and notifications for the imposition of safeguard measures
• Part 7 | Anti-dumping & Countervailing Duty – Provisions, rules, and notifications to understand anti-dumping investigations and levies
• Part 8 | Miscellaneous – Commodity Index for quick reference and chronological list of key notifications

The structure of the book is as follows:

• Logical Segmentation
• Divided into eight key Parts, each addressing distinct areas of the customs laws—from the primary legislation to specialised levy structures
• Chapter-by-chapter Approach
• Within the Import Tariff, 98 Chapters are organised by sections for easy cross-referencing of specific goods/categories
• Annotations & Cross-References
• Each chapter includes cross-references to relevant exemption notifications, departmental clarifications, and case law where applicable
• Step-by-step Duty Calculation
• Provides guidelines and examples on how to determine the effective rate of import duty by factoring in all surcharges and cesses

About the author

Sh. R.K. Jain, the renowned author of Indirect Taxes including Customs, Central Excise, Service Tax, Foreign Trade Policy (FTP), GST and FEMA. He made his debut in early seventies and in the year 1975, he brought out Customs & Excise Tariffs and Manuals which have recently celebrated Silver/ Golden Jubilee Editions.

Excise Law Times (E.L.T.) edited by Sh. R.K. Jain was launched nearly 45 years ago and it brought awakening in the field of Central Excise and Customs. It has grown to be the prime journal on the subject with largest circulation.

Another Journal, ‘Service Tax Review’ was started in the year 2006 and finally R.K. Jain’s GST Law Times was introduced in 2017, after the advent of GST, the major Indirect Tax Reform. EXCUS is the digital version of these Journals.