What about the Customs & Excise duty ?
This query is : Resolved
16 May 2008
Dear Sir,
We are 100% EOU of GRANITE EXPORTS
and we have one own quarry also.
We are taking the raw material from that quarry around 60% and 40% of the material we will sell to DTA.
then What about the cusoms and excise duty on that one.
Pls Explain to me.
We are 100% EOU of GRANITE EXPORTS
and we have one own quarry also.
We are taking the raw material from that quarry around 60% and 40% of the material we will sell to DTA.
then What about the cusoms and excise duty on that one.
Pls Explain to me.
20 June 2008
there is no need to pay custom duty and excise duty on 60 % portion and remaining 40% material which was cleared to DTA, u need to pay excise duty by using the formula.
13 November 2008
I think, anand is right on this
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
- Multiple payment of self assessment tax for A Y 2025-2026
- CAPITAL GAIN REDEVELOPED FLAT
- REGARDING ITR FILING QUESTION
- CLOSING STOCK QUERY
- Requirement under FEMA &RBI
- Correction in TDS return New Traces Portal
- Missed TDS
- Gst reverse charge mechanism to be claimed in the month of payment
- Rent claimed on building given on permissive possession basis
- DUE DATE FOR ITR FILING
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
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
