Can claim additional duty for importer & dealer
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 July 2012
can claim additional duty of imported goods for dealer as well as importer ?
RAMESH KUMAR VERMA
(Expert)
28 July 2012
If you are a dealer registered under the Central Excise law, then you can issue a cenvatable invoice and the manufacturer can take credit against your invoice. Kindly refer to Rule 9 of Cenvat Credit Rules, 2004. The manufacturer can take 50 per cent of the CVD paid and 100 per cent of the SAD paid in the first year and the remaining 50 per cent CVD in any subsequent year.
FOR MORE INFO READ CUSTOM NOTIFICATION NO.102/2007 DTD 14.09.2007.
FOR MORE INFO READ CUSTOM NOTIFICATION NO.102/2007 DTD 14.09.2007.
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