Education Cess & Higher Educational Cess, Customs - Exim - SEZ

[BRIJ MOHAN GOYAL]

Sir,

During C.Excise rates amendment, Excise duty has revised from 12% to 12.5% and Higher Education Cess and Eductaion Cess withdrawn . Now , For imports , Custom duty : No change, CVD will be in line with Excise duty i.e.12.5% in place of 12% earlier. But , there is no clarification on Education Cess and Higher education cess on imports .

We want to know that whether it will be applicable on import.(Yes/No) . If yes , Amount for calculation for this 2% and 1%.

Regards,

BM Goyal

Posts / Replies

[MUKUND THAKKAR]

Remain as it is. it is applicable on Import.

[Pradeep Khatri]

Dear B M Goyal,

On import, it Status Quo.

Regards,

YAGAY and SUN

(Management, Business and Indirect Tax Consultants)