Hi
We are the importers of Aluminum scrap what duties can we avil while takin input credit
CVD : 12.5% + 2.5%
Customs Educaitonal Cess: 2%
S&H: 1%
Additinol Import Duty: 2%
after this
Customs Edu cess: 7014.80
Additional Duty: 53036.30
SH CESS: 3507/-
Please clarify that what duties can be taken as credit in Excise
Regards
Dear Mr. Manish,
You can cenvat credit of CVD 12.5% which is levied in lieu of central excise duty
Aand you can avail Additional duty of 4% in Bill of Entry. Check your BOE properly it may be 4%.
Venkat
venkat @ hiregange.com
BANSAL YOGESH AND CO
Gautam Budh Nagar
B.Com
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