Salient Differences between Levy; Tax; Cess; Surcharge; Fee | Export / Import / Mr. Viren C. Dayal

Do you want to know the difference between Levy, Tax, Cess, Surcharge and Fee, then stay tuned. As part of the logistics industry, a person should know about all the topics mentioned above because it will make your Customs clearance process easy for your exported goods or Imported goods.
In this video, Mr Viren C Dayal, an Instructor and Customs Broker will quickly and interestingly explain the difference between Levy, Tax, Cess, Surcharge and fee. Mr Dayal will start with the basics of Levy, Tax, Cess, Surcharge and Fee through what is mentioned in the Customs Act 1962 and Customs Tariff Act 1975.
Moving further, he will explain how each of them is different from each other and how a person can easily differentiate it into their day to day work.
Watch the video till the end to understand Levy, Tax, Cess, Surcharge and Fee appropriately and their difference.
JBS Academy Private Limited is one of the best Academies providing training to become a successful Customs Broker. You can find different courses to become a successful Customs broker with the help of experienced Instructors on the JBS Academy Website and also books, Study material prepared by them to make your journey effortless and straightforward. To become a successful Customs Broker, subscribe to our UA-cam channel and visit our website.
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[@narayansharma4806]

Sir shall you explain about penalty wrongly imposed where IE code misused by third party without knowledge of the owner . 7.5 % of the duty is so high that can’t go in appeal .

[@manishsahu-jm6eh]

Concept of these, very helpful video👍 thank you sir

[@JBSAcademy]

Thank You

[@beenachoudhary9574]

Helpful

[@JBSAcademy]

Thank You

[@avisarin]

Definition and difference are two different things PERIOD

[@rafiullahkhan4622]

yes. He has not differentiated among the terms