CAN any 1 let me know wat is customs cess
that charge this in bill of entry and importer has to pay??
please let me know?
CA Mayur in Deloitte (CA b.com rank holder) (125 Points)
20 June 2009CAN any 1 let me know wat is customs cess
that charge this in bill of entry and importer has to pay??
please let me know?
Sourabh Sharma
(CS CA (Final) M.com NCFM Derivative Capital Market Mutual Funds)
(771 Points)
Replied 20 June 2009
its nothing but the education cess on custom duty.......................
CA Mayur in Deloitte
(CA b.com rank holder)
(125 Points)
Replied 20 June 2009
no that was there,,,,,,, in BOE even customs cess was also there
Arun Kumar Singh
(GST Advocate)
(15220 Points)
Replied 01 July 2009
2% edu cess on custom duty. yes duty will be pay importer.