(a) “Basic Customs Duty” means the customs duty levied under the Customs Act, 1962.
(b) “CVD” means the Additional Duty of Customs levied under sub- section (1) of section 3 of the Customs Tariff Act, 1975.
(c) “SAD” means the Special Additional Duty of Customs levied under sub-section (5) of section 3 of the Customs Tarif Act, 1975.
(d) “Export duty” means duty of Customs leviable on goods specified in the Second Schedule to the Customs Tariff Act,1975.
(e) Clause nos. in square brackets [ ] indicate the relevant clause of the Finance Bill, 2014.
Amendments carried out through the Finance Bill, 2015 come into effect on the date of its enactment unless otherwise specified.