Custom duty
This query is : Resolved
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.
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.
Message likes :
1 times
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.
13 January 2014
Generally excise duty and vat applicable in the scenario of different different state impose the taxes.
regards,
regards,
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
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
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
