Indirect tax

csamuktha (Chartered Accountant) (118 Points)

13 January 2012  

Hello guys

I wanted to know if raw material componenets are imported for manufacture of laptop whether Basic custom duty will be charged and at what rate , whether Couter vailing duty will be charged and how is it computed  and the respective latest  rate as well (inclusive of basic custom duty or otherwise)

whether concessional CST against Form-C (2 or 3%) is not allowable in case these laptops are not further traded and used for offical purpose only?
What is the CST rate  (current)on sale of laptops from tamil Nadu incase Concessional CST is not applicable.

Whether CST will be calculated on the total value (Assesable value+Basic custom duty+Counter vailing duty) or only on assesable value exclusive of duty?