Additional Duty
This query is : Resolved
MOHAMMED RAFIQ
(Querist)
03 December 2010
I would like to know that if we get the 4% of Additional duty on purchases on as such basis and again we sold the same as as such basis, we have to forward transfer the same additional duty to our customer or not
Regards
Mohammed Rafiq
Regards
Mohammed Rafiq
Arbind Aggarwal
(Expert)
06 December 2010
If you are registered as trader in the central excise, then you can pass on the 4% Addl duty to the buyers and they can take cenvat credit f used in the manufacturing of excisable goods.
Second option is to take refund of 4% SAD from the customs, if your buyers are not able to take cenvat credit.
Second option is to take refund of 4% SAD from the customs, if your buyers are not able to take cenvat credit.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
