CMA Poornima Madhava
(CMA)
(13097 Points)
Replied 04 August 2015
CVD is leviable on items which could be or which are capable of being produced/manufactured in India. So as i understand, just because such items are not manufactured in India, I dont think CVD would be exempted.
Kalpesh Veer
(PCS)
(795 Points)
Replied 04 August 2015
If the same goods manufacture in India or Produce in India than CVD applicable otherwise it will not chargeble. It is like excise duty. Only BCD applicable.
CA Kumar Mukesh
(CA CMA FINAL and Advance Excel Trainer)
(6871 Points)
Replied 04 August 2015
chirag prajapati
(student)
(42 Points)
Replied 05 August 2015