Import duty on an article is to be levied at the tariff rate in force on the date of issue of the Customs duty Memorandum.

进口物品应当按照海关填发税款交纳证那一天有效的税率征收进口税。

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Even an import duty of up to 40% on foreign luxury goods into India has not kept most Western luxury retailers out of the market.

FORBES: Hermes Is Now Selling Saris In India, And It's A Big Deal

Ever since the Indian government announced an import duty hike from 2% to 4% and an excise duty of 1% for unbranded jewelers on March 16, small gold traders have been upset.

FORBES: India's Gold Merchants Fight to Regain Their Glitter

When businessmen complained about an import-duty surcharge of 8%, which was supposed to help them but instead pushed up their costs of production, he halved the surcharge.

ECONOMIST: India