Custom duty

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Abinash Mishra (Querist)

10 January 2014 Suppose a manufacturer whose set up in india import certain items/parts & assemble them along with indegenious items to manufacture an equipment,then what is the tax levied on purchaser/user.

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)

11 January 2014 generally custom duty is 26% @ import,if any importer / exporter import is in SEZ/EHTP/STPI/BTP UNIT then non duty imposed for them.

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Abinash Mishra

Abinash Mishra (Querist)

11 January 2014 my question is if a manufacturer manufacture an equipment which part component is imported from outside india & part component is indigenous,then when he sell the equipment to purchaser/end user then what is the tax component levied on purchaser.

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)

13 January 2014 Generally excise duty and vat applicable in the scenario of different different state impose the taxes.

regards,

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