Ref: claim of imoprt duty paid in skd provission
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 August 2013
Hi
We want to set up an plant in India for batteries, we want to bring cells from Korea and make a workable product in India by making all other necessary parts like software, enclosures, electric hardware will be arranged from India, i understand by this we are doing value addition and making a final product in India. we may or may not export this product.
So in the above mentioned case we will pay Basic Duty of 10%, CVD 12%, SAD 4% and Custom Cess 3% in Customs, my Concern is how much we can claim back under SKD provision. Please mention Indian Custom guidlines. BR//
Ashis
We want to set up an plant in India for batteries, we want to bring cells from Korea and make a workable product in India by making all other necessary parts like software, enclosures, electric hardware will be arranged from India, i understand by this we are doing value addition and making a final product in India. we may or may not export this product.
So in the above mentioned case we will pay Basic Duty of 10%, CVD 12%, SAD 4% and Custom Cess 3% in Customs, my Concern is how much we can claim back under SKD provision. Please mention Indian Custom guidlines. BR//
Ashis
RAMESH KUMAR VERMA
(Expert)
09 October 2013
https://www.eximguru.com/drawback-rates/851801-public-address-systems-public-address.aspx
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Capital Gail Exemption Certificate
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Transfer of Physical Stock Between Two Proprietorship Concerns
- MSME disclosure and disallowance
- EPF ECR NEW RULES Sep 17th 2026
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
