Passing of Additional Duty

Sir,

I need your advice on passing of Additional Duty(paid during import).  I'm a manufacturer (central excise regd.). I procure my raw materials both locally and by imports.  I also trade my raw materials. Kindly advice on the Invoicing procedures for trading of these raw materials. Can I pass the Addl. Duty to others? Do I have to show it in my Invoice separately?  Kindly advice.

Regards

Vinod

Replies (4)

Dear  Mr Vinod,

Definitely You can pass on  the AID(Additional Import Duty 4%) paid on your import. For this you will have to take registration under Central Excise as a DEALER.

 

Thanks

Rajeev Verma

Advocate & Consultant

Central Excise, Customs & Servcie Tax

Dear Mr Vinod,

I agree with Mr Rajeev, you can definitely pass AID to your buyers when you trade your raw material. However you if you are basically a mfr and regd as mfr with central excise, there is no need for excise trader registration.

Please remember you have to clearly show all details of your purchase bill/import bill of entry, along with seperate amount of excise duty, AID, and education cess on your invoice, which will be linked to the qty of your bill of entry. 

Thanks to all of you. 

Regards

Vinod

Sir,

We have passed BE through DEPB.  Dont paid Duty in cash. Can I get benifit Additional Duty 4% to Excise duty ?

 

Thanks

Barnali

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