Border Adjustment Tax (BAT)

  • Category
    Miscellaneous
  • Published
    18th Jun, 2020
  • In a recent development, NITI Aayog member has favoured imposing a border adjustment tax (BAT) on imports to provide a level-playing field to domestic industries.

What is BAT?

  • BAT is a duty that is proposed to be imposed on imported goods in addition to the customs levy that gets charged at the port of entry.
  • Various taxes like electricity duty, mandi tax, clean energy cess, royalty etc lead to escalation of price.
  • Such taxes which are imposed on domestic goods, give them (imported goods) a price advantage in India.
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