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Basic customs duty

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Querist : Anonymous

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Querist : Anonymous (Querist)
10 May 2013 Hello

When we import the Machineries from Abroad, Shall we consider for Excise Duty Credit for Basic Customs Duty.

I heard from somebody only will possible CVD & ACD.

Please confirm

Regards
Ram.R
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Rama Krishnan

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Rama Krishnan (Expert)
12 May 2013 WHEN YOU ARE IMPORTING MACHINES , YOU ARE ELIGIBLE TO TAKE CENVAT CREDIT OF CVD AND SAD ONLY, BCD IS COST,

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