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(Querist)
07 November 2008
We started a company in Chennai,

We import Electrical bike parts under CKD Condition and assemble at our unit.

In process of import we are paying following duties
Basic duty – 10%, cess 2% -, Hig-Cess, 1% and 4% Additional duty.

We would like to know how claim CENVAT in this case

And what is rate of tax for Eelecrical bike as per central excise act.

Please help me
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
10 November 2008 Additional duties are eligible for CENVAT.
Excise duty for electrical bike is 14% as per chapter 87119091.

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