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	<title>Budget India &#124; Budget India 2011 &#124; Union Budget 2011-2012 &#124; Rail Budget 2011 &#124; Income Tax Slabs &#124; Income Tax India &#187; Customs Duty Category </title>
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		<title>Introduction of Customs Duty</title>
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		<pubDate>Sun, 12 Aug 2007 08:25:50 +0000</pubDate>
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 The Customs Act was formulated in 1962 to prevent illegal imports and exports of goods. Besides, all imports are sought to be subject to a duty with a view to affording protection to indigenous industries as well as to keep the imports to the minimum in the interests of securing the exchange rate of [...]]]></description>
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