Formalities at custom port

Sir recently we had import some LED Parts, from which some are duty free as per notification no 12/2012 custom amended by Noti no 14/2014 custom. so should we firstly pay duty ( BCD @ 10% + CVD @ 12.5%, Ecess @ 3%, SAD @ 4%) on all & then take refund OR directly clear the goods without paying duty? & what the procedure too??

Please guide 

Replies (2)
As understand the said notification is about the reduction of cus duty (bcd) and waiving off of cvd. On quoting the notification number, system automatically takes the reduced % of duty. Pay accordingly

Thnaq Sir for your concern.

Secondly, i want to know that What Paper formalities have to done for clearence the goods?

Is it ANNEXURE-III, BOND etc?

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