17 December 2013
An importer is importing some material and paid custom duties and other duties. And he sell the material without any processing on it, to the Indian manufacturer. I want to ask whether the importer can claim input of any duty paid? And if he avail credit, how can he, whether he needs to get registered under excise?
17 December 2013
If importer is manufacturer then he can untilised the cenvat credit. If importer is registered with central excise then he can pass the CVD and SAD.