Domestic sale by eou unit.
This query is : Resolved
06 April 2016
Please guide us on below Case :
1) One Unit granted as EOU Unit,
2) During the period of EOU status unit had purchased Raw Material /Consumable through Dealer which he have imported by paying Additional Custom Duty,
3) EOU have sold Some Final Product to Domestic Customer with permission of prescribed authority by charging Basic Excise Duty, (Not including Additional Custom Duty)
4) As per Excise Auditor there was need to charge Additional Custom Duty also along with Basic Excise Duty on Domestic Sale as it has used imported raw material /consumable for production of said sale during EOU status.
Please guide us regarding this.
1) One Unit granted as EOU Unit,
2) During the period of EOU status unit had purchased Raw Material /Consumable through Dealer which he have imported by paying Additional Custom Duty,
3) EOU have sold Some Final Product to Domestic Customer with permission of prescribed authority by charging Basic Excise Duty, (Not including Additional Custom Duty)
4) As per Excise Auditor there was need to charge Additional Custom Duty also along with Basic Excise Duty on Domestic Sale as it has used imported raw material /consumable for production of said sale during EOU status.
Please guide us regarding this.
Dr.RAMAKRISHNA. C
(Expert)
16 August 2016
Dear Omkar, please refer to the provisions of para 6.08(a) of the current Foreign Trade policy 2015-20. EOU units may sell goods in DTA on payment of concessional duties.. However, full excise duty which is equivalent to import duty requires to be paid.
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