Can I know what does CVD stand for, in excise returns forms???
Sneha R. Gujrathi
(Chartered Accountant)
(97 Points)
Replied 01 August 2008
it stand for counterveiling duty.
Shikha Sharma
(Chartered Accountant)
(311 Points)
Replied 01 August 2008
Thanks a lot... But, can I know the meaning of Counter Veiling Duty???
Sandeep
(CA Final)
(52 Points)
Replied 01 August 2008
Dear friend, It is duty levied on imported goods in addition to custom duty. It is equilvent to Excise duty leviable in India on the similar goods.
Shikha Sharma
(Chartered Accountant)
(311 Points)
Replied 01 August 2008
Thanks loads for your quick reply...
CAclubindia
