MEGA POWER PROJECT-CVD EXEMPTION

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..... MEGA POWER PROJECT-CVD EXEMPTION
Query (Issue) Started By: - swati rastogi Dated:- 28-5-2014 Last Reply Date:- 5-6-2014 Customs - Exim - SEZ
Got 2 Replies
Customs
Hi, i am handling a meg .....

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..... a power project , in case of mega power project against ICB , the custom duty is exempt as well as excise duty. but the custom duty is exempt only in case CIF content is available in the project. no .....

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..... w in my project the CIF content is not available, so full custom duty will be levied.now my question is whether the CVD will also be applicable at full rate or since excise duty is exempt for Indian v .....

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..... endors for this project so CVD will also be applicable with nil rate Thanks & regards Swati Reply By MUKUND THAKKAR: The Reply: In connection of above so far is excise duty exemption, please refer .....

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..... the following notifications along with the circular. Notification no 12/2012 dt 17.03.2012, Notification no 34/2012 dt 10.09.2012, and circular no 963/06/2012-cx dt 29.03.12. Regards Mukund Thakka .....

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..... r Reply By ajay rana: The Reply: Basically CVD is equal to Excise. Therefor, it should also be exempted, if CVD exempted.
Discussion Forum - Knowledge Sharing .....

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