Anil Tiwari (Manager Excise) (95 Points)
24 February 2013Dear Sir,
We are register in Central Excise and also register in Import Raw Material or Capital goods against Concessional rate of duty, we want to sale the capital goods like Machine.
We want to know how many days the machine is free from custom duty so that we sale this machine only paid Central excise duty not Custom duty
Please you all are requested to help me, we are waiting for your reply
Anil Tiwari
Email ID- t_anilkt @ rediffmail.com
ramana
(officer)
(25 Points)
Replied 25 February 2013
| Originally posted by : Anil Tiwari | ||
 |
You have to pay the customs duty @ todays rate as per the value available in the bill of Entry. And if the material is lying in the warehouse then interest alos will charge.
|
 |
CAclubindia
