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IDT-SSI EXEMPTION-NN 8/2003

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CA Practice
1818 Points Posted on 17 October 2007

Dear Friends

My query relates to the SSI exemption.If an assessee is availing an exemption under NN 8/2003 and he imported certain goods then will he be liable to pay CVD on imported Goods.

Thanks in advance

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On 17 October 2007 at 10:51 Report
Replies (3)
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Chartered Accountants
1054 Points Posted on 17 October 2007
yes he will liable to pay CVD bcoz NN 8/2003 is for excise n CVD is related to import the goods. n logically CVD is for imported goods for protect the domestic industry and if SSI is importing then he is also liable for pay duty
10 Reply
On 17 October 2007 at 14:45
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Chartered Accountants
1054 Points Posted on 17 October 2007
pl correct me if i were wrong
10 Reply
On 17 October 2007 at 14:46
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Service
608 Points Posted on 29 October 2007
yes, SSi notification exemption applicable only for duty on goods manufactured not on purchase
1 Reply
On 29 October 2007 at 15:45


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