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RAKESH kumar
( Author )
10 November 2009
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Dear Sir,
plesae solve this problem
*who is service provide.
*we are a mfg but we have no ecc number.
can we get refund u/s 74 or 75 of import export act
of BCD,ACD and CVD.
if any have no E.c.c number. it may be service provide.
plz reply sir.
sir, if you filled form of any part import dutydraw back,plz send me. who is manufacture and have import export code but not ecc number.
if IEC not have then duty cane be drawback.
Calculation of duty payable is as follows -
Duty % Amount Total Duty
(A) Assessable Value Rs 10,000
(B) Basic Customs Duty 10 1,000.00 1,000.00
(C) Sub-Total for calculating CVD '(A+B)' 11,000.00
(D) CVD 'C' x excise duty rate 8 880.00 880.00
(E) Education cess of excise - 2% of 'D' 2 17.60 17.60
(F) SAH Education cess of excise - 1% of 'D' 1 8.80 8.80
(G) Sub-total for edu cess on customs 'B+D+E+F' 1,906.40
(H) Edu Cess of Customs - 2% of 'G' 2 38.13 38.13
(I) SAH Education Cess of Customs - 1% of 'G' 1 19.06 19.06
(J) Sub-total for Spl CVD 'C+D+E+F+H+I' 11,963.59
(K) Special CVD u/s 3(5) - 4% of 'J' 4 478.54 478.54
(L) Total Duty 2,442.13
(M) Total duty rounded to Rs 2,442
Notes – Buyer who is manufacturer, is eligible to avail Cenvat Credit of D, E, F and K above.
A buyer, who is service provider, is eligible to avail Cenvat Credit of D, E and F above. .
A trader who sells imported goods in India after charging
Vat/sales tax can get refund of Special CVD of 4% i.e. ‘K’ above
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