Dear Friend Please tell me whether exemption from BCD is 75% or 50% in case goods are removed from 100% EOU to DTA
vivek kumar jain
(service/student)
(559 Points)
Replied 02 November 2008
i think it is neither 50 or 75.
the computation when goods are transferred from 100 eou to dta as a special formula.
CA Ravish Trivedi
(The Possibilities are Infinite...)
(772 Points)
Replied 18 November 2008
Its 50% earlier it was 75%.
Rajesh Kumar
(Advocate- Tax)
(7806 Points)
Replied 07 January 2009
BCD is 50%.
Now a new thing has come. After the calculation of excise duty as per the formula of notification- education cess is required to be paid.
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