Rate of CVD

This query is : Resolved 

31 January 2011 What is the rate of CVD under customs

31 January 2011 CVD means, the additional duty of custom under section3 of the custom tariff act 1975.

now this is 10% as per custom tariff .

CVD is payable on assessable value plus basic customs duty. In case of products covered under MRP provisions, CV duty is payable on MRP basis as per section 4A of Central Excise.

for more information :-

http://indiabudget.nic.in/ub2003-04/mem/mem2.pdf

31 January 2011 https://www.caclubindia.com/experts/cvd-270455.asp

31 January 2011 Thank u Sir

31 January 2011 sir,

welcome in ca club india...........

31 January 2011 what is rate of tax under section 3(5) of custom act.

31 January 2011 SIR,

ACD :-4%


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