New User / Register | Bookmarks | Annual Subscription | Feedback |
Login: Stay
| Forget Password |
           
TMI - Tax Management India. Com  

Recent Discussionss:

cenvat credit 1% interest penalty when cenvat credit reversed without utilising transportation of goods by railway Time of removal of goods Notification no for changes in section 35 c SERVICE TAX ON LIQUIDATED DAMAGES Is Reimbursable expenses included in Assessable value Excise duty liabilities on one FG use in other FG within the Factory Export Without Central Excise registration Excise Duty on Tooling developed by Supplier
 
Discussions Forum
Home Forum Central Excise Month 4 2011 2011 (4) This
← Previous Next →
 

DTA sales by 100% EOU - Central Excise

 
Issue Id: - 2954
Dated: -14-04-2011
By:- CHITRA RAGURAM
DTA sales by 100% EOU

What are the duties / taxes to be lieved, when an EOU unit sells to a domestic party.

Post Reply
 
Previous Posts
 


Dated: - 16-04-2011
By: - R.S. Mangal

The question can not be asked in short. It depends upon many points. However, considering the EOU unit uses both domestic as well imported ( including deemed imports) to manufacture its goods. The duty structure will be-

1. If sold under para 6.8(a),6.8(d),6.8(e),6.8(g) of FTP, the duty will be as per Condition No 2 of Notification No 23/2003 of CE i.e 50% BCD plus CVD plus SAD( when Sales is not paid).

2. If sold under para 6.8.(h) of FTP then full custom duties.


 
 
Previous Next

 

what is new what is new

UpdatesKnowledge SharingSubscription CommunicationNewslettersMore Options




Go to Mobile Website Go To Top
© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.