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Notional Custom Duties Rate for Purchase under EPCG


Sirs,
How we calcute Custom Duty Amount on Textile Machinery ealier to GST Rules .If we Import the Machnery Custom Duty= BCD- 5% + CVD- 12.50% +Education and Higher Education are .02% & .01% + SAD 4% on value + Duty (Approx 24%). But have purchase it from Indigenous Supplier by Paying 12.50% Exicise Duty + 2% CST. Lic. issued on 24% Custom duty Rate. Now DGFT Office is saying that you are liable to pay 24% Custom Duty amount to DGFT. We are paying BCD 5% + CVD 12.50% + 03% Cess. (18.65% Approx) with Interest as applicable. As per DGFT Plolicy Notional custom Duty Rate are applicable on Indigenous purchase. So please we want to know the Notional Custom Duty rate in our Case for which's we are liable.



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