Determine the customs duty payable under the Customs Tariff Act, 1975 including the safeguard duty of 30% under section 8B of the said Act with the…

Computation of customs duty and integrated tax payable thereon Particular Amount (₹) Assessable value of zinc imported 30,00,000 Add: Basic custom duty @ 10% (₹ 30,00,000 × 10%) 3,00,000 Safeguard duty @ 30% on 30,00,000 [Safeguard duty is imposable in the given case since share of imports of zinc from the developing country is more than 3% of the total imports of sodium nitrite into India (Proviso to section 8B(2) of the Customs Tariff Act, 1975)] 9,00,000 Social welfare surcharge @ 10% x 3,00,000 30,000 Total 42,30,000 Integrated tax (₹ 42,30,000 × 12%) [Note] 5,07,600 Total customs duty payable 17,37,600 (₹ 3,00,000 +9,00,000 +30,000 +5,07,600) Note: It has been clarified by DGFT vide Guidance note that value for calculation of integrated tax shall also include safeguard duty amount.