Internet of Things (IoT) defines a network of devices connected to the internet and sharing a massive amount of data between each other and a central location. These IoT devices are connected to a network therefore prone to attacks. Various management tasks and network operations such as security, intrusion detection, Quality-of-Service provisioning, performance monitoring, resource provisioning, and traffic engineering require traffic classification. Due to the ineffectiveness of traditional classification schemes, such as port-based and payload-based methods, researchers proposed machine learning-based traffic classification systems based on shallow neural networks. Furthermore, machine learning-based models incline to misclassify internet traffic due to improper feature selection. In this research, an efficient multilayer deep learning based classification system is presented to overcome these challenges that can classify internet traffic. To examine the performance of the proposed technique,Moore-dataset is used for training the classifier. The proposed scheme takes the pre-processed data and extracts the flow features using a deep neural network (DNN). In particular, themaximumentropy classifier is used to classify the internet traffic. The experimental results show that the proposed hybrid deep learning algorithm is effective and achieved high accuracy for internet traffic classification, i.e., 99.23%. Furthermore, the proposed algorithm achieved the highest accuracy compared to the support vector machine (SVM) based classification technique and k-nearest neighbours (KNNs) based classification technique.