Hi,
In the 2011 budget the govt. reduced excise to 1% from 10% on sanitary napkins. However customs and excise duty are different. So what is the customs duty on sanitary napkins? Is the same as last year-10% or is it 1%?
Thanks
vishal (manager) (39 Points)
11 March 2011Hi,
In the 2011 budget the govt. reduced excise to 1% from 10% on sanitary napkins. However customs and excise duty are different. So what is the customs duty on sanitary napkins? Is the same as last year-10% or is it 1%?
Thanks
RAMESH KUMAR VERMA
( CS PURSUING )
(43853 Points)
Replied 12 March 2011
mr. vishal ji,
please noted that this item occurs in RITC HS CODE NO. 56011000
AT PRESENT CUSTOM DUTY :-
BASIC 10%, ACD4%, CESS0.30 TOTAL DUTY IS 14.712(AS PER CUSTOM IMPORT TARIFF 2010-11)
AND FROM 01.04.2011 IT WIL BE EFFECTIVE 1% .
REGARDS,
vishal
(manager)
(39 Points)
Replied 20 March 2011
Originally posted by : RAMESH KUMAR VERMA | ||
mr. vishal ji, please noted that this item occurs in RITC HS CODE NO. 56011000 AT PRESENT CUSTOM DUTY :- BASIC 10%, ACD4%, CESS0.30 TOTAL DUTY IS 14.712(AS PER CUSTOM IMPORT TARIFF 2010-11) AND FROM 01.04.2011 IT WIL BE EFFECTIVE 1% . REGARDS, |
Can u pls provide the notification no and/or link to the document because I could not find it on the customs and cetral excise website.
thanks
RAMESH KUMAR VERMA
( CS PURSUING )
(43853 Points)
Replied 21 March 2011
Originally posted by : vishal | ||
Originally posted by : RAMESH KUMAR VERMA mr. vishal ji, please noted that this item occurs in RITC HS CODE NO. 56011000 AT PRESENT CUSTOM DUTY :- BASIC 10%, ACD4%, CESS0.30 TOTAL DUTY IS 14.712(AS PER CUSTOM IMPORT TARIFF 2010-11) AND FROM 01.04.2011 IT WIL BE EFFECTIVE 1% . REGARDS, Can u pls provide the notification no and/or link to the document because I could not find it on the customs and cetral excise website. thanks |
HENCE PLEASE READ THE IMPORT TARIFF 2010-11, , DUTY STRUCTURE IS MENTIONED THERE.
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961