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Tax structure for dta sales by 100% eou

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Querist : Anonymous

Querist : Anonymous (Querist)

25 May 2012 Dear all. Our company which is 100% EOU is engaged in the business of manufacturing of medical Molded components . Now we are in the process of doing some DTA sales. Pls let me know what is excise duty we need to charge to the items apart from the VAT. Also let me know any other duty needs to be charged in this regard Thanks

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)

02 June 2012 DTA sale of the produce is permitted to the extent of 50% of FOB value of exports on payment of applicable Central Excise duties under Section 3 of Central Excise Act, 1944 read with Notification No.23/2003 (CE) dated 31.3.2003 as amended.

LINK READ:

https://bangalorecustoms.gov.in/eou.htm

https://www.cbec.gov.in/customs/cs-circulars/cs-circulars95/78-95-cus.htm

https://www.eouindia.gov.in/dta_cir_12.htm

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