Import export return

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

30 October 2011 ONE DEALER WANTS TO IMPORT EXCISE ABLE GOODS FROM OTHER COUNTRIES. HE WILL PAY THE CUSTOM DUTY AT PORT.
QUESTION :
1. WILL HE PAY THE ANY EXCISE DUTY OR ANY OTHER TAX WHILE HE WILL PAY CUSTOM DUTY?
2. WILL HE FILE ANY RETURN AT EXCIESE DEPARTMENT OR ANY OTHER DEPARTMENT?

U S Sharma

U S Sharma (Expert)
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30 October 2011 1. CVD is charged at customs point, which is equivalant to excise duty

2. if the dealer has to pass on the CVD so paid to next manufacturer buyer, then he has to register himself dealer in excise and issue invoice to next buyer for pass on of CVD so paid, and file returns quarterly, and maintain registers as prescribed.