4. Additional Customs Duty Sec.3
ACD is leviable in terms of sec.3 of the
Customs Tariff Act
There are 3 types of ACD levy u/s 3
ACD equivalent to Excise duty u/s 3(1)
ACD for counter balancing ED on Raw
materials u/s 3(3)
ACD for counter-balancing ST, VAT,
Local charges etc. u/s 3(5)
5. Levy of ACD u/s 3(1) is also
popularly known as Counter-
Vailing Duty(CVD)