Credit availment on which duty
This query is : Resolved
24 March 2009
Hello,
In case of imports of goods so many duty charged like below:
BCD@10%
CVD@14%
Education cess on CVD@2%
Secondary&higher CVD@1%
Custom Educational Cess@2%
Custom Secondary & Higher Education Cess@1%
Addtional Duty(Imports)@4%
tell me on which type of duty(as above) we take input credit and which duty include in our purchase cost.also tell duty(as above) which set off by other tax also.
In case of imports of goods so many duty charged like below:
BCD@10%
CVD@14%
Education cess on CVD@2%
Secondary&higher CVD@1%
Custom Educational Cess@2%
Custom Secondary & Higher Education Cess@1%
Addtional Duty(Imports)@4%
tell me on which type of duty(as above) we take input credit and which duty include in our purchase cost.also tell duty(as above) which set off by other tax also.
24 March 2009
BCD@10%(No Credit Allowed)
CVD@14% (credit allow)
Education cess on CVD@2%(credit allow)
Secondary&higher CVD@1% (credit allow)
Custom Educational Cess@2%(No Credit Allowed)
Custom Secondary & Higher Education Cess@1%(No Credit Allowed)
Addtional Duty(Imports)@4%(credit allow)
CVD@14% (credit allow)
Education cess on CVD@2%(credit allow)
Secondary&higher CVD@1% (credit allow)
Custom Educational Cess@2%(No Credit Allowed)
Custom Secondary & Higher Education Cess@1%(No Credit Allowed)
Addtional Duty(Imports)@4%(credit allow)
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