https://www.taxtmi.com/article/detailed?id=7869 A Social Welfare Surcharge is imposed as an additional customs duty on imported goods specified in the First Schedule to the Customs Tariff Act to finance education, health and social security. It is calculated on the aggregate of duties, taxes and cesses levied by the Central Government, excludes certain trade remedy duties and the surcharge itself from the base, and is additional to other customs duties. Existing Customs Act provisions on assessment, refunds, exemptions, appeals and penalties apply to its levy and collection. en-us Wed, 07 Feb 2018 07:04:34 +0530 Wed, 07 Feb 2018 07:04:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7869 A Social Welfare Surcharge is imposed as an additional customs duty on imported goods specified in the First Schedule to the Customs Tariff Act to finance education, health and social security. It is calculated on the aggregate of duties, taxes and cesses levied by the Central Government, excludes certain trade remedy duties and the surcharge itself from the base, and is additional to other customs duties. Existing Customs Act provisions on assessment, refunds, exemptions, appeals and penalties apply to its levy and collection. Articles Budget - Tax Proposals Wed, 07 Feb 2018 07:04:34 +0530 https://www.taxtmi.com/article/detailed?id=7869