About additional custom duty
This query is : Resolved
17 October 2013
Can any1 pls tell me whether Additional custom duty levied which is equal to the excise duty includes education cess or not?????
If excise duty is 12% then shud we calculate ACD only 12% or 12.36% i.e., including education cess????
If excise duty is 12% then shud we calculate ACD only 12% or 12.36% i.e., including education cess????
17 October 2013
U Will get Input Credit of 12% only.
Its the big mistake of government to not give credit for edu cess etc.
But as per rules u will get credit of 12% only.
Its the big mistake of government to not give credit for edu cess etc.
But as per rules u will get credit of 12% only.
Message likes :
1 times
17 October 2013
So only 12% of duty is levied for the purpose of calculation of Custom duty knw?????
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- SEC 54 OF IT ACT
- REGARDING GST ON COMMERICIAL PROPERTY
- Form 26QB for TDS on property
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- GST rate for millets.
- GST Annual Returns filing due date
- Residential status for filling income tax returns in India
- Donation Receipt u/s 80G
- BLOCKED-INELIGIBLE GST CREDIT
- Amendment of September 2021 Invoice
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
