Description
Centax Law Publications Customs Tariff, IGST and Foreign Trade Policy Rate Reckoner, 2025-26 by Kishore Harjani, R.K. Jain
The Customs Tariff, IGST & Foreign Trade Policy Rate Reckoner is a definitive, two-volume referencer that consolidates the entire spectrum of Indian customs tariff, IGST provisions, and foreign trade policy (FTP) requirements in one place. Curated with an HSN-wise approach, this reference simplifies the process of ascertaining the 'total duty payable on import of goods into India.' It outlines basic duty, preferential rates, exemptions, additional levies (like AIDC, SWS, NCCD, Health Cess, etc.), IGST rates, and FTP conditions, ensuring swift and accurate classification and compliance for every HSN code.
Alongside the printed volumes, book buyers receive Complimentary Access to the Always Updated Customs Tariff Tool at Centaxonline.com. This intuitive online platform provides real-time duty calculations, instant references to notifications, and policy conditions at the 8-digit HSN level.
This book is intended for the following audience:
Tax Professionals & Consultants – Chartered accountants, company secretaries, tax lawyers, and consultants seeking a precise guide to customs and IGST compliance
Trade & Industry Practitioners – Exporters, importers, logistics providers, customs house agents, and compliance teams who must remain current on tariff rates and EXIM policies
Government Officials & Policymakers – Customs officers, GST officials, policy drafters, and enforcement personnel requiring a consolidated tariff manual
Academics & Students – Researchers and students in indirect taxation, customs law, or international trade programs looking for a well-structured reference
The Present Publication is the 3rd Edition | 2025-26, amended by the Finance Act 2025. It is edited by CA. Kishore Harjani and incorporates the following noteworthy features:
[HSN-wise Computation]
Detailed breakdown of total customs duty for each HSN, covering basic duty, preferential rates, exemptions, and additional levies such as AIDC, SWS, NCCD, and Health Cess
Comprehensive mapping of FTP conditions to each HSN on a single page
[Final Rate Calculation]
A 'Total Customs Duty' column in the tariff table enables you to see the final effective rate quickly
Wherever specific exemptions or conditions apply (and direct computation is not possible), relevant footnotes guide you to additional details
[Anti-Dumping & Countervailing Duties] Chapter-wise references to anti-dumping, safeguard, and countervailing duties, ensuring trade protection measures are easily accessible
[Exemption Notifications] General and chapter-specific exemptions are listed at the end of each chapter for comprehensive coverage
[Ad Valorem Rates] Presents ad valorem rates (percentage-based) for straightforward calculation of customs duties
[Multiple Rates for IGST] For products under the same HSN that may attract two or more IGST rates, dual entries ensure an accurate evaluation
[Chapter-specific Circulars & Notifications] Exhaustive coverage of government circulars, notifications, and advance rulings relevant to that chapter
[Landmark Rulings] Chapter-wise digest of important judicial precedents and case laws on classification under Customs and GST
[Base Notifications Reference] All base notifications are cited, enabling deep dives into specific regulatory provisions
[E-Way Bill Exemptions] Special mention of product-specific E-way bill exemptions at the end of each chapter
[No Alteration to HSN] Exemptions, cess, and rates are seamlessly mapped without changing official HSN descriptions
[Expert Validation] A team of subject matter experts has vetted each computation and mapping to ensure accuracy
The coverage of the book is as follows:
Tariff Table for Import & Export
Volume 1 covers the First Schedule (Import Tariff | Chapters 1–98) and the Second Schedule (Export Tariff)
Duty columns include – Basic Customs Duty, Preferential Rate, Effective Rate (with exemptions), AIDC, Health Cess, Social Welfare Surcharge, IGST Rate, and Total Rate
Policy Restrictions and FTP conditions are indicated for each HSN
General & Specific Exemptions
Beginning of Each Chapter – Lists general and specific exemptions applicable to that chapter
HSN-Level Mention – Pertinent exemptions are specifically tied to product categories
Footnotes – For overarching or sub-heading-level exemptions
Anti-Dumping & Safeguard Duties
The End of Each Chapter notes any anti-dumping, safeguard, or countervailing duties in effect, along with relevant notifications
Miscellaneous
Full texts of the Customs Tariff Act, rules on determining the origin of goods (for preferential trade agreements), baggage rules, project import regulations, and other critical annexures
A commodity index and a chronological list of key notifications in Volume 2 for quick lookups
The structure of the book is as follows:
Volume 1
Part 1 – Customs Tariff Act, 1975 (Text)
Part 2 – Import Tariff (First Schedule with 98 Chapters, organised into 21 Sections)
Part 2A – Export Tariff (Second Schedule)
Volume 2
Part 3 – General Exemptions for Import
Part 4 – IGST (Extracts of the IGST Act, rules, notifications, and IGST rates/exemptions)
Part 5 – Annexures covering Compensation Cess, Road & Infrastructure Cess, Social Welfare Surcharge, NCCD, Health Cess, Additional Duty, Special Duty, and Baggage Rules
Part 6 – Safeguard Duty (Rules & Notifications)
Part 7 – Anti-Dumping & Countervailing Duty (Rules & Notifications)
Part 8 – Miscellaneous (Commodity Index and Chronological List of Basic Notifications)
Within Each Chapter:
Beginning – Section Notes, Chapter Notes, relevant general/specific exemptions
Tariff Table – Complete mapping of duty rates, additional levies, IGST, cess, total duty, and policy restrictions
Footnotes – Product-level or sub-heading-level exemptions/duty variations
End of Chapter – Anti-dumping & safeguard duties, judicial pronouncements, advance rulings, departmental clarifications, product-specific E-way Bill exemptions, and additional GST rates
This book also includes Complimentary Access to the Always Updated Customs Tariff Tool—Customs Duty Rate Calculator
All purchasers of this book receive complimentary access to Centaxonline.com's newly launched Customs Tariff Tool for two months. This online platform lets you:
Search & Classify with Ease
Smart Autocomplete to locate HSN codes or relevant keywords
Expandable Section & Chapter View for intuitive browsing
View Organised Duty Details
Get a clear list of HSN codes, item descriptions, units, and direct links to duty calculation
Calculate Total Import Duty in Real-time
Input your import value to see Basic Customs Duty, AIDC, SWS, IGST, Health Cess, etc., aggregated into a Total Import Duty (both percentage and absolute value)
Hyperlinked remarks connect you to relevant exemption notifications or policy conditions
Always Up-to-date
Daily Data Refresh – Reflects every newly issued amending notification
Annual Refresh – Incorporates changes announced in the Union Budget
Flexible Access Options
Complimentary for Book Buyers (via unique key validation)
Annual Stand-Alone Subscription at ₹5,000 + GST (tentative) if you wish to continue beyond the free period
Mobile-Responsive – Access on desktop, laptop, tablet, or phone for on-the-go convenience