Duty Liability on Goods Clearacne made by 100% EOU to DTA
This query is : Resolved
13 September 2010
Respected Sir,
I am coufusing on particular point on duty liability if the 100 %EOU has cleared the Imported Goods to DTA. i just didnt understand its technicality of duty calculation.
here i am giving a problem on whcih i am confusing
assessable value for Excise 90000
assessable value for Custom 100000
Basci Custom Duty 10%
Additional custom duty U/s 3(1) 14%
Additional Custom Duty U/s 3(5) 4%
Assume, the said goods is not liable to VAT in india
EC 2%
SHEC 1%
please help me out in calculation & determination of cenvat credit on such duty of said sum.
Please kindly help me on same
Amit
I am coufusing on particular point on duty liability if the 100 %EOU has cleared the Imported Goods to DTA. i just didnt understand its technicality of duty calculation.
here i am giving a problem on whcih i am confusing
assessable value for Excise 90000
assessable value for Custom 100000
Basci Custom Duty 10%
Additional custom duty U/s 3(1) 14%
Additional Custom Duty U/s 3(5) 4%
Assume, the said goods is not liable to VAT in india
EC 2%
SHEC 1%
please help me out in calculation & determination of cenvat credit on such duty of said sum.
Please kindly help me on same
Amit
RAMESH KUMAR VERMA
(Expert)
21 September 2010
AS PER GUIDELINES IN SEZ, ACT, 2005 , FOR DTA BY AN 100% EOU WILL BE EXECUTE BOND AND AFTER APPROVAL OF CONCERNED DEVELOPMENT COMMISSIONER OF AUTHORITY WILL BE DTA.
THE EXPORTER WILL NO PAID ANY DUTY .
FOR MORE INFO:-https://exim.indiamart.com/indian-exim-policy/appendix-42.doc
(2) https:/www.nsez.gov.in
THE EXPORTER WILL NO PAID ANY DUTY .
FOR MORE INFO:-https://exim.indiamart.com/indian-exim-policy/appendix-42.doc
(2) https:/www.nsez.gov.in
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