Duty rate of bearing component.
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 February 2014
Dear Sir,
We r manufacturer of bearing components like plastic cage,hub,waher,cap,all these goods raw material is falling under CETSH No.39081090,while we remove the finish goods under CETSH No.84829900 as all r parts of ball or roller bearings.Please advice,if we charge the duty rate 10 % according to not.no.04/2014 C.E.Dt. 17/02/14 than there will be query can raise by audit team ?
Thanks,
R.J.Dave.
We r manufacturer of bearing components like plastic cage,hub,waher,cap,all these goods raw material is falling under CETSH No.39081090,while we remove the finish goods under CETSH No.84829900 as all r parts of ball or roller bearings.Please advice,if we charge the duty rate 10 % according to not.no.04/2014 C.E.Dt. 17/02/14 than there will be query can raise by audit team ?
Thanks,
R.J.Dave.
Arun Kumar Singh
(Expert)
26 February 2014
Yes, you can pay the excise duty from 17.2.2014 at the rate of 10%. My client is also manufactured this goods.
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