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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

24 July 2014 if we clear the imported goods for home consumption by declaring MRP and other required details too on the product as per the norms of standards of weights and measures Act,then we need not to pay SAD, as per the provisions of Custom Act,

1.Then is it possible that we can claim CVD, which was levied on such imported goods on bill of entry, as input credit from excise duty, if we do manufacturing activity from such goods.

2.Is it is allowed that we can do manufacturing activity from such imported goods, as per the provisions of law.

Querist : Anonymous

Querist : Anonymous (Querist)

30 July 2014 no body till now able to answer my doubt,waiting for the reply..