TMI BlogLevy and collection of 2% Education Cess on imports under various Export Promotion SchemesX X X X Extracts X X X X X X X X Extracts X X X X ..... 25;ᢐƩ> Ministry of Finance Department of Revenue Sub: Levy and collection of 2% Education Cess on imports under various Export Promotion Schemes. The undersigned is directed to invite your attention to the above mentioned subject and to say that a doubt has been raised as to whether 2% Education Cess is to be levied on the imports cleared under Advance Licence, DFRC, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... %. However, in the case of imports under DEPB Scheme the position is slightly different. As per the notifications governing imports under DEPB Scheme, the basic duty and additional duty are exempt subject to the condition that the duties leviable on the goods are debited from DEPB. In other words, in the case of DEPB Scheme, though the imports are governed by an exemption notification, the fact ..... X X X X Extracts X X X X X X X X Extracts X X X X
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