We are an I.T. Company registered with the STPI. We wish to purchase Laptop Batteries from an Indian Company that is a manufacturer of Laptops and is a wholly owned Indian subsidiary of a US Laptop manufacturer. Are Basic Customs Duty/CV Duty and SA Duty applicable on such purchase or only CST/VAT is applcable??? The Manufacturer is giving quotations having different types and rates of duties (BCD/CVD). Can any one pls. help me in this situation? Its very Urgent.
1 Replies
RAMESH KUMAR VERMA
( CS PURSUING )
(43853 Points)
Replied 03 June 2010
MR.AASHISH JAIN ,
ALL THE DUTY IS EXEMPTED , YOU ARE A STPI UNIT, PLEASE SSS CHAPTER 6 OF FOREIGN TRADE POLICY 2009-2014 AND ALSO HAND BOOK OF PROCEDURES VOL-1 (2009-2014) IF YOU WERE A GENERAL THEN YOU CAN COMPEL THE DUTY TO GOVERNMENT OF INDIA.
FOR MORE INFORMATION YOU CAN GO TO THE FOLLOWING PATH:
https://www.stpi.in/index1.php?langid=1&level=0&linkid=128&lid=170
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