Dear all
we are exporting the paper with out payment of duty and we paying cess on paper and edu cess
like
Cess 100/-
Edu cess 2/-
SHE cess 1/-
Is it require to pay education cess, if yes
give me notification
4 Replies
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 12 November 2011
in case of export under bond you dont have to pay basic cenvat duty + edu cess+ S&HSEC, but you have to pay clean energy cess ( applicable on paper)
CA Yogesh
(Manager-Taxation)
(48 Points)
Replied 12 November 2011
You didn't need to pay any part of excise duty if you are exporting under LUT.
Means neither Basic,E.cess & S.H.Cess provided you have valid LUT No. & quoted that LUT no. in ARE.
Read Rule 19 of Central excise rules for further clarification.
ravi charan
(Taxation excutive)
(121 Points)
Replied 12 November 2011
we are not paying edu cess and SHE cess on excise duty.
we are paying edu cess and SHE cess on CESS ON PAER.
FOR example
| 1 | Ass Value | 2500000 | |
| 2 | Excise Duty | 125000 | we are not paying 2,4,5 |
| 3 | Cess on paper | 156.25 | |
| 4 | Edu cess | 2500 | |
| 5 | SHE cess | 1250 | |
| 6 | Cess on paper | 156.25 | We are paying |
| 7 | Edu cess | 3.125 | |
| 8 | SHE cess | 1.5625 |
pls help me.
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