20 March 2014
Suppose dealer import product 'x' and sale it by changing its name as 'Product Y' for making his own brand name and taking benefit of 4% CVD.
20 March 2014
Traders selling imported goods in India after charging sales tax/Vat can claim refund of special CVD from customs department vide notification No. 102/2007-Cus dated 14.09.2007. The Trader (if he is registered with Central Excise and is issuing Cenvatable Invoice) selling such imported goods must mention in his invoice that the buyer will not be able to avail Cenvat credit of such duty. If process amounts to manufacture or production of goods then excise duty liability will arise.