
Social Welfare Surcharge on Imports w.e.f. 02.02.2018 – A new levy by the Finance Act, 2018
Social Welfare Surcharge has been introduced for the first time under the Finance Act, 2018. It is an additional charge on import of goods being levied under clause 108 of the Finance Bill (Act), 2018 to fulfil the commitment of the Government of India to provide and finance the education, health and social security. The Social …