Export Import Data Provider

Governments across the world require revenue to implement infrastructure projects and welfare schemes. Direct and indirect taxes are revenue sources for the government. Customs duty is an indirect tax charged on goods when the goods across international borders. Besides earning revenue, the customs duty helps to protect India’s economy, citizens, jobs, and the environment by controlling goods entering and leaving the country, especially for restricted and banned products. Customs duty prevents other countries from dumping products and harming the local economy. According to customs data India , the government collected Rs. 1.55 lakh crore in 2019-20 surpassing the target of Rs. 1.12 lakh crore. Custom data of India helps global importers and exporters. It provides accurate and up-to-date statistics of the export-import business in the country. International traders base their business plans and projections on the data.  The Indian customs data is collected from the bill of the en...