Applicability of rate of duty in case of dta sales by eou

This query is : Resolved

srinivas vedantham (Querist)
Follow

06 January 2016 Siutr,
I have a small query regarding applicable rate of duty on DTA sales by a EOU in case of finished goods exclusively manufactured out of using duty paid imported raw materials. i) Whether they can pay effect ive rate of CE duty as other CE registrants, since the imported raw materials etc. are countable under LOP issued and could not be considered while determining positive NFE
ii) Whether they are eligible for exemption as per S.No. 3 under Notification No. 23/2003 CE.
My doubt is whether they can be deprived from payment normal CE duties, simply because they procured imported raw materials etc. on payment of full Customs duties. Please clarify.

gbalakrishnan

gbalakrishnan (Expert)
Follow

07 January 2016 your small query needs a full time retainer for you, you cannot make just profits without paying a retainer, so advised to engage a retainer so that you would have less problems , else you might land in troubles i believe sir, happy new year