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What is MD (Misdeclaration) in Imports — And How Importers in India Use It to Save Crores in Duties

Importing processed food into India? The difference between a 30% duty and a 5% duty can be just one line on a form. That one line is the HSN code, and tweaking it — intentionally or “mistakenly” — is what’s called #MD or Misdeclaration in customs lingo.
August 4, 2025 by
What is MD (Misdeclaration) in Imports — And How Importers in India Use It to Save Crores in Duties
What Is Hidden Profit Distribution? The Secret Leaks That Can Land Your Company in Trouble
Ever heard of a company secretly paying off the CEO’s credit card bills? Or maybe buying a bankrupt cousin’s firm at a jaw-dropping price? 🤯 These aren’t wild Netflix plots — they’re real-world examples of #HiddenProfitDistribution, and tax departments ar