Exemption of ADDL CVD, Customs - Exim - SEZ

[SANDESH SHINDE]

Dear Sir, Under Customs notification no 21/2012 Sr.no 2 which enables us for exemption of ADDl CVD (4%) on pre-packed commodities with affixed MRP and which are intended for Retial Sale only. Further if MRP pre-packed goods with affixed MRP on it if supplied for industrial use under EX-bond clearance from Customs, then even after affixing MRP on it whether we can claim exemption of ADDL CVD 4% duty. Please explain and please give us any reference regarding this.Thanks & Regards

Posts / Replies

[PAWAN KUMAR]

Dear Sir,

S.No.2 of Notification No.21/2012-Customs Dated 17.03.2012 does not specify the use of goods. It only specify the category of goods if covers, exemption is to be applicable of addl. duty subject to conditions prescribed in para 2 of notification main body.

[Rajagopalan Ranganathan]

Sir,

The Notification referred to by you does not contain any condition that if the imported packages are sold for industrial use it will not be treated as retail sale. Moreover you are not going to repack the goods under customs bond in larger packing so that the imported goods are supplied for industrial use. Therefore in my opinion you are eligible to claim the exemption.