09 November 2012
We are traders (not manufacturers) in cutting tools and import the same by paying customs duty + cvd + SAD. We want to pass on CVD to the buyers. What is procedure for passing on the CVD and how it should be reflected in the Excise invoice (we are already registered under Excise)?
09 November 2012
Thank u so much. For example, if cost of product imported is Rs.1000 and let us assume CVD is Rs.100. If the same product is sold at Rs.2000, then if Rs.100 is passed on as Excise (CVD), then our clients will come to know about our cost. How this can be avoided? Also, pl provide a standard excise invoice format. Thanks in advance.
09 November 2012
a dealer can not hide the source of goods and the cost of purchase, however they can ask with the manufacturer to pay duty on higher value ( and claim from you) and pay commission to yourself ( if possible)