Indirect Taxes

This query is : Resolved

CA JUHI GARG (Querist)
Follow

20 February 2011 whether any other duty of excise is also leviable on ex. goods in addition to BED and SED.If not then why there is a dipute on classificaton cases as BED and SED chargeable @ 10% rate

Pls give some practical example of person engages in prodn on his own account

Madhukar N Hiregange

Madhukar N Hiregange (Expert)
Follow

23 February 2011 Reasons for disputes in clssification: The majority of products are now at 10% duty. However there are still some which are fully [ clothes)or partially exempted [ exempted for research or defense use)/ lower rate [ 4% ] Also the valuationof products is based on classification and if one were to be see the transaction value route leads to lower duty than MRP based levey in most cases.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Anoop KK

Ravi

HITESH NIRANJAN SAHU

kambamcr@gmail.com

siddhesh satardekar

Subscribe Now

Indirect Taxes

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

CA Final

Article Assistant

Accountant

GST CONSULTANT

GST CONSULTANCY