Using tetrabutyl titanate, calcium nitrate and copper nitrate, a gel of these compounds was obtained at room temperature which on subsequent heat treatments led to CaCu3Ti4O12 (CCTO) powder at 900 C for 1h. On sintering further at 1060 C for 48 h, the dielectric constant of CCTO ceramics is above 35000 at 1kHz, and it displays a good tune behavior. Impedance spectroscopy on CCTO ceramics demonstrates that they are electrically heterogeneous and consist of semiconducting grains with insulating grain boundaries. The dc bias experiment demonstrates clearly that the grain boundary response is consistent with a Schottky barrier response. Therefore, CCTO ceramics display an internal barrier layer capacitor (IBLC) behavior.