Ec and shec

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Querist : Anonymous

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Querist : Anonymous (Querist)
14 January 2015 Please give me the reason why EC and SHEC is not applicable when there is Additional Excise Duty.

16 January 2015 ON the goods imported, the importers are required to pay education cesses on CVD and again on total Customs duties. In this budget, separate notifications have been issued vide Notification No. 13/2012 and 14 /2012-Customs dated 17.3.2012 to exempt the Education Cess and Secondary Education cess leviable under sub-section (1) of Section 3 of the Customs Tariff Act, 1975. The effect of these Notifications is that the imported goods will attract Cess only once on the total customs duty payable.

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Querist : Anonymous

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Querist : Anonymous (Querist)
16 January 2015 Thank u very much sir


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