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The Customs Act, 1962 outlines various duties on imported and exported goods to regulate trade and protect domestic industries, including Basic Customs Duty (BCD), Countervailing Duty (CVD), Additional Customs Duty, Safeguard Duty, Anti-dumping Duty, and Education Cess. Each duty serves specific purposes, such as leveling the playing field against subsidies, aligning with domestic taxes, and protecting local industries from unfair competition. These duties are essential for maintaining fair trade practices

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