Dear Sir,
We are importing Power Supply Board from Singapore, Customs are charging BCD 10%, CVD 12.5% & AED 4%, Is it possible to avail BCD 10% since the BCD value is high.
Chapter No: is 85044090
Nagesh (Sr. Commercial Executive) (28 Points)
12 January 2017Dear Sir,
We are importing Power Supply Board from Singapore, Customs are charging BCD 10%, CVD 12.5% & AED 4%, Is it possible to avail BCD 10% since the BCD value is high.
Chapter No: is 85044090
Manas
(GST Compliance)
(65 Points)
Replied 12 January 2017
No , You can not claim BCD , You have to claim CVD & AED.
R P Ananthakumar
(Sr. Officer - Central Excise/Cash)
(514 Points)
Replied 16 January 2017
BCD & Customer Cess are not cenvatable. You can not claim.
CVD & AED are cenvatable. You can claim.
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